Maldives Hotel Offers Unlimited 2021 Stays For $30,000
With hotels generally struggling with occupancy, here's an interesting concept from a property in the Maldives. Do the numbers make sense, though? The Anantara Veli Maldives is offering an "Unlimited Stays in Paradise" package: You can take advantage of this deal through November 30, 2020, by emailing [email protected] This allows unlimited stays at the hotel…
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Share your questions, experiences, and thoughts below.
One more problem will be: Food and especially drinks are super expensive there and tap water is not drinkable. So you’ll need to add quite some costs to your calculation if you really want to take this offer...
"I was thinking the other day how I’m surprised we haven’t seen more travel companies offer “unlimited” packages in light of circumstances"
If you wanted to live in a hotel over a long term there are deals to be had at many places if you want to negotiate.
One data point. The young Reaper is a student at Georgetown. This fall GU had effectively no students in the dorms, but students still wanted to be nearby. Washington, DC hotels are desperate. An easy negotiation later, and the young Reaper was in a 2BR/2BA townhouse with 3 other students for ~20% the regular rate (and less than the GU dorms!).
If you try and take full advantage of it then you might run into tax profits as you would spend enough time there to qualify as a resident and be taxed there. One of the reason why London banks started to call employees back from overseas territories where they were working remotely. HM Revenue and Customs started to send letters to banks saying that if there employees were not in the UK they might have to pay taxes overseas and not qualify as UK tax residents.
@ Klavs, (speaking only for US citizens, who owe Uncle Sam no matter where they live) that assumes the Maldives is as sophisticated a tax collector as only relatively few (mostly W European) nations are.
Maybe there's someone out there that can speak directly on the Maldives' capability, but I'd be surprised if they'd collect enough information to track you down and tax you on a tourist visa.
Remember, there's no duty free at the airport and you are not allow to bring those Costco bottles of hard alcohol into the country. If it was like anywhere else on a perfect island, I would consider it!
This is tempting to me but until I can buy alcohol at retail prices, a year in the Maldives is not going to happen.
Even if I was allowed to bring it in from abroad, like Dubai, that would be ok.
I get paying a markup on drinks, because in the most part it covers the hospitality industries costs, but paying those prices to drink in my own room/'home' is just not fair.
Oh and, getting out of the Maldives is a day long affair, what with sea plane scheduling and international flights connecting. I would need to be able to get in and out more easily. I.E. In Dubai there were flights nearly every hour to the UK pre COVID. Emirates & Etihad even send the car to take you to the airport.
@Reaper I just mentioned it as British banks were recalling employees as they as employers might start to be liable for payments in 3rd countries. Of course Americans don't care as much as they are taxed everywhere, expect if they are in a country with a double taxation treaty. If you are self-employed then it wouldn't be a problem.
If you have an employer then keeping a permanent residence in a 3rd country could be a tax problem.
@Klavs, "keeping a permanent residence" and the visa it implies is the key phrase.
For Americans, if you don't mind (and the Maldives will allow) leaving every thirty days and getting another tourist visa on re-entry, then I can't imagine the Maldives being able to come after you for taxes.
Also to work remotely in Maldives, don't you need a work permit in Maldives? I am working for a US company, which allows people to work only in countries where one is allowed to work by law...Something beyond tax obligation...
@ken, if your work is entirely laptop/phone, and you’re on a tourist visa how exactly is Maldives enforcement going to happen?
A brief intro:
I currently live full-time at a Hilton hotel in Mexico. I have it booked a year in advance with points. I even secured temporary residency status so no visa runs for me.
My thoughts about the Maldives deal:
- Risk! What if... one encounters issues with the necessary visa runs, covid-related restrictions, closures, travel troubles, etc.
- Cost! Factor in... resort prices for food/drinks/activity/tips/..., necessary visa runs and other travel. And multiply the $30k by... 🙂
- Limited options! You are on a tiny island of a tiny nation with few possessions. It could get boring, lonely, and certainly limiting.
My verdict:
If money & situation allows for it, you could mitigate risks, and make a life you want to live in 2021 out of it then, sure, why not. Go for it. I get lots of ideas. You could consider resort as you base of a year long exploration of the islands, for example.
There are some really nice, independent, smaller hotels in Sri Lanka that are offering similar deals for 300 USD a MONTH. This is beachfront, 4-star. I am sure you can get better deals in the interior. Lots of young tourists, call them backpackers, have spent months in the country already. Far safer than the Americas or Europe, as a bonus. Check YouTube. Problem is, you cannot enter Sri Lanka now as a tourist although that will change. A recent coronavirus spike originating from Indian guestworkers at a garment factory has got the country on edge but it is being manged well.
@Reaper: in @Ken’s comment he said “ which allows people to work only in countries where one is allowed to work by law” not where one can beat the system and get away with it. I doubt his company thinks no problem they will never catch you.
Tempting offers considering it is one of the few places where flights are going from India. But $30,000 is a lot of money and would prefer to explore more places rather than spend all of them in Maldives
@Ray, sorry, I wasn't clear. My comment was addressing Ken's "Also to work remotely in Maldives, don’t you need a work permit in Maldives?" not the particular policies of Ken's company.
Individual company policies could certainly prevent you from working in the Maldives, but if your work is just a laptop/phone, the *Maldives* won't prevent you from working (and if you're on a tourist visa, won't be able to tax you).
This is so affordable. Most people renting in SF or NY probably blow more than 30k a year in rent pre pandemic for a one bedroom. This is a good deal.
Seems like a creative but risky proposition to me. This would actually be cheaper on a monthly basis than my current house, but you're completely depending on consistent Maldivian government policies for being allowed to stay there for a considerable part of the year. I can't find anything that prohibits a monthly day trip to Dubai or Colombo to renew your 30 day tourist visa but working is quite broadly prohibited ("Once arrived as a tourist, the visitor is not permitted to engage in any form of business, occupation, profession or paid employment while in Maldives.") - even though I guess that would be hard to police when just working from laptop/phone. Either way there is no guarantee that your planned gap year will be permitted after the first 30 days.
Apart from the stratospheric costs of living there (semi)-permanently of course, and the fact that island fever is a real thing.
