President says Israeli citizens barred from investing in Maldives even with dual passports

Muizzu stated that the Real Estate Bill and immigration rules will prevent Israeli individuals and companies from buying property, regardless of the passport used for entry.

AtollPost Desk
President Mohamed Muizzu seated at a desk during a media briefing with Maldives flags behind him
President Muizzu addressed questions on Israeli investment restrictions at a press briefing. · Photo: President's Office / Mihaaru

President Dr Mohamed Muizzu has said that Israeli citizens will not be permitted to invest in the Maldives even if they enter the country on a passport issued by another state.

Speaking at a press briefing at the President's Office on 9 November, Muizzu said the Immigration Act already prohibits entry using Israeli passports. The Real Estate Business Bill submitted to Parliament adds further restrictions on Israeli citizens and companies.

He explained that buyers will be screened through know-your-customer checks. Even dual nationals who travel on a second passport would not be able to invest without such verification, and the bill is intended to close that avenue.

The remarks came in response to questions about the large Rasmale' development and concerns raised by opposition figures. The government has also proposed amendments to the Immigration Act that would explicitly list Israeli passport holders among those barred from entry.

Earlier proposals had linked the entry ban to the situation in Gaza. The current approach is described as unconditional. The Real Estate Bill contains detailed provisions preventing Israeli individuals, investors and companies from participating in property developments.

The policy has drawn international attention. It sits alongside other measures related to foreign ownership and the character of major real-estate projects.

Parliament is examining the Real Estate Bill. The final rules on foreign investment will depend on the legislation that is ultimately passed.

Muizzu's statement clarifies the government's position that screening and legislative restrictions will apply regardless of the passport presented at the border.

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