In a bold move to diversify its tourism-dependent economy and stake its claim in the digital financial frontier, the Maldives has announced plans to develop an $8.8 billion financial hub focused on blockchain and digital assets.
According to Bloomberg, the proposed center will be a free economic zone offering a suite of highly attractive benefits to global investors and crypto entrepreneurs alike:
Zero corporate taxes
No residency requirements
Inheritance tax breaks
This initiative is more than just another economic free zone it’s a clear signal that the Maldives is vying to become the next crypto paradise. And it’s not hard to see why.
From Tropical Getaway to Global Finance Gateway
Traditionally known for its pristine beaches, overwater villas, and high-end tourism, the Maldives is now positioning itself at the intersection of luxury and financial…
