Maldives to Implement 17% Tourism GST from 1 July 2025
The Maldives has welcomed the Italian-flagged cruise ship AIDA, carrying 2,139 tourists. The vessel, which is operated for Swiss, Austrian, and German visitors, arrived in the Maldives from Muscat, Oman, on December 8th, 2024. This marks the first cruise ship visit to the nation since the regulatory changes initiated at the request of the Maldives Association of Yacht Agents (MAYA).
The AIDA’s arrival is expected to provide a considerable boost to the local economy. The influx of visitors will positively impact a wide range of local businesses, including restaurants, souvenir shops, local dhonis, guest houses, and retail outlets in Malé and Hulhumalé. This surge in tourism is anticipated to contribute significantly to the growth of the sector, enhancing the Maldives’ reputation as a premier cruise destination in the region.
The arrival of AIDA highlights the Maldives’ continuous efforts to expand and diversify its tourism offerings. In addition to strengthening the local economy, this development is also set to enhance foreign reserves, contributing to the overall economic growth of the country. The vessel is scheduled to depart the Maldives on December 9th, 2024, at 6 PM, following its brief but impactful stop.
The Maldives’ tourism sector continues to thrive despite global challenges. This milestone comes on the heels of the Maldives’ recent achievements, including being named the WTA’s World’s Leading Destination for the fifth consecutive year and the World’s Leading Green Destination for the first time. This new chapter in cruise tourism sets the stage for future visits, further boosting the industry and positively impacting the local economy.
