Real estate projects should focus on holiday homes: Adhaalath Party

Adhaalath Party President
Adhaalath Party President

The Adhaalath Party made these remarks in a resolution released following the allocation of Rasmalé development to Eagle Hills.

The Adhaalath Party has stated that instead of creating designated special areas for foreign nationals to reside long-term in the Maldives, international real estate projects should focus on developing facilities such as "holiday homes" for vacation use.

The Adhaalath Party made these remarks in a resolution released following the allocation of Rasmalé development to Eagle Hills.

According to the party's resolution, carrying out such projects in a way that establishes designated areas for foreign nationals to live long-term in the Maldives poses significant challenges and threats to the country’s religious unity, public interest, Maldivian culture, national security, and safety.

Therefore, the party appealed to the government not to proceed with any project in such a manner.

We believe that in carrying out international real estate projects, focus should be placed on developing facilities such as holiday homes used by foreign nationals for vacationing, rather than creating designated areas for their long-term residency.

The party stated.

Additionally, the resolution noted that expanding international real estate or holiday home services in the Maldives in accordance with fine Islamic principles would pave the way to diversify the Maldivian economy and enhance economic resilience.

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