There is a brand-new property market on the map and it’s one with plenty of glamour and no income tax or capital gains tax. The Maldives, which has long attracted tourists and diving enthusiasts to its white sandy beaches and phenomenal sealife, has now opened its doors to foreign property buyers of holiday homes.

Madivian President, Mohamed Nasheed, has introduced new laws allowing foreign buyers to claim a piece of this small paradise, many on 50 year renewable leases.

The Maldives has proved to be resistant to the global recession with such five-star hotels as the Mandarin Oriental, Raffles, Shangri-La and Waldorf Astoria having opened in recent months – or about to. The country is known as an idyllic, peaceful heaven, with more than 1800 “Robinson Crusoe” like coral islands surrounded by vast shimmering lagoons of aquamarine and turquoise and endless azure sea

A property investment in the Maldives is not only a lifestyle investment but is also free of income tax, capital gains tax and acquisition taxes.

Be one of the first to own a luxury holiday home in this magical destination. Investing in holiday homes in the Maldives would buy you a slice of paradise.

Maldives holiday homes for sale by Signature Residences Worldwide