Tuesday, January 30, 2018

Introduction of Maldives - Part 01 - Doing Business in the Republic of Maldives

The Maldives is a small island state located in the Indian Ocean, just South-East of Sri Lanka. The Maldivian archipelago consists of 1192 islands each surrounded by shallow, crystal clear lagoons enclosed within naturally protective coral reefs. The climate is tropical, with two monsoons, keeping the islands unvaryingly warm throughout the year.

As a country renowned worldwide for its natural geographical beauty, around 111 of Maldives’ islands have been developed into luxury resorts for tourists, from which the country generates most of its income. Additionally, the Maldives sits astride busy sea-lanes that connect Asia with the rest of the world.

The local population, which is close to 350,000, is spread out across 188 islands, but most concentrated in the capital city of Malé, which is not only the political capital but also the centre of commerce in the country. The population is homogenous, speaking one language and practising one religion. In addition to the local language, English is widely spoken and is the main medium of instruction in schools and the primary medium of communication in business.

The Maldivian Rufiyaa (MVR) is the main unit of currency used in the country. The most common foreign currency used within the country is the US dollar.



The main port of entry to Maldives is through Ibrahim Nasir International Airport at Hulhulé, an island adjacent to Malé. There are three additional international airports, one in Hanimaadhoo located in the northern tip of Maldives, the second in the southernmost Gan Island and the third in Maamigili.

There are 5 domestic airports within the Maldives, and a large fleet of seaplanes providing daily and easy access to the 112 resort islands across the country. The other modes of transport most widely used by residents are ferries or motorboats that regularly travel through Maldivian seas.

The Malé port and harbour lie on the western side of the capital and receive the bulk of imports into the country.

Maldives has had a nimble ascent to an upper middle-income country with the highest GDP per capita in South Asia.

Nominal GDP per capita - USD 6,722
Total Population: 380,728
GDP Growth Rate: 8.5%
Foreign Exchange Rate: USD 1 = MVR 15.42

Children of the Maldives


Sunday, January 28, 2018

Island of Huraa in the Maldives (Kaafu Atoll)

Written by: Mohamed Sanih

Island of Huraa, Maldives


About the Island

Huraa Island is located north of Male, the capital of Maldives. Carefully placed between the islands Himmafushi and Thulusdhoo, it is home to about 750 people. It is not far off from the airport and a 25 – 35 minute speed boat ride from the airport will get you there.

North of the island is covered, rather unusually, by a brackish water mangrove with a sparse coconut plantation around the island. The resort island Four Seasons Kuda Huraa is barely 30 seconds away which is quite segregated from the rest of the island. There’s a lot of interesting things to talk about in this island which we’ll be doing under the next few headings.

Island Facilities

The island of Huraa is a rather small island, so do not expect too many facilities. The island boasts only one café which is mostly used by locals. Guest houses mostly provide “all inclusive” services, leaving little (if any) need for the café.

There are three neighboring resort islands not far off the island. Four Seasons Island Resort, which was earlier mentioned, is only about 100 – 200 meters away from Huraa; while the others, Club Med Kani Resort and Chaaya Island Resort Dhonveli, are a tad farther. On the whole, the island is home to 5 guest houses. So, there are enough facilities available for foreigners to lodge.

There are many gift shops around Huraa from which you can pick up souvenirs. For the most part, souvenir prices in Huraa are usually lower than those in Male, so be sure to pick up your souvenirs from here if you’ll be visiting. If you are looking for locally made souvenirs, you’ll find more of those here in Huraa than in Male.



Island Activities

There are more than a few activities to keep you occupied in Huraa. The island organizes a bikini beach where you can swim, snorkel, and get some tan in the sun, playing around in your bikinis. The beach environment promotes other activities as snorkeling or dolphin watching, making Huraa ideal for beach holidays.

Prepare to enjoy some refreshing time with barbecue on a picnic island. Safari ride and photos with sharks and turtles, water surfing on a surfboard, wetbike, and catamaran, and wakeboarding among others. With lots of coral reef, your time under the water can be as fulfilling as that which you spend atop the waters.

You would also have the opportunity to receive some certification after completing an Open Water course. Of course, as a beach community, you can also expect training in surfing and diving which you can begin to practice right away.

Indeed, there are a plethora of activities you could enjoy during your vacation getaway on the island. As a traditionally fishing community, you can always visit the local fishermen at the harbor, watching them as they land their catch. And when watching begins to bore you, you can always try your hands on fishing yourself.

Bring out the foodie in you as you explore the delicious local dishes on offer. With lots of palm trees, crabs, and fruits in general, you have more than a few eating options. From the amazing hamburgers to the enticing stuffed baguettes prepared in the local bakery, you wouldn’t be missing home too much.

From the picturesque views to the rather comfortable guest houses, and all of the possible beach and water activities, you’ll find your stay in Huraa refreshing. With the islands of Diffushi, Thulusdhoo, and Himmafushi all present, you can take the time to visit one or some of these as part of your getaway.

Seize the Opportunity to Invest in Huraa Today

The people of Huraa are traditionally engaged in fishing activities. In recent times, though, tourism has come to play more of an important role in the local economy. During this time, more and more guest houses have begun to spring up in the island.

Huraa is well located in the North Male Atoll region, a short distance off of Maldives’ capital city Male. This prime location coupled with its unique vegetation environment – the mangrove swamp located in the northern parts of the island has been declared a protected nature environment due to its great climate for unique protected birds – makes it an ideal tourist hub.

The people of the island of Huraa are a welcoming people, taking to tourism as a second major occupation. Investing in the real estate sector in Huraa by way of Guest House Development will see you partake in this recent upsurge in tourism.

Thanks to its naturally relaxing and welcoming environment, you will have little to bother about as it involves environmental beautification. More importantly, the welcoming nature of the island’s people, who will make up the staff of your guest house, will naturally ensure that your guest house will feel more like a home to guests than a lodge.

Huraa is mostly known for its range of beach activities, and setting this up for lodgers will be fairly easy considering the wide availability of natural beach environment. From shark and underwater safari to snorkeling, kayaking, or whatever other activity you choose to set up for your guests, you are already equipped with the perfect environment.