🇲🇻MVR Economy
Maldives Salary & Tax Guide
Resort economy with newly introduced tax bands
Average Gross Salary
$8,000 / yr
Average Net Take-Home
$7,000 / yr
Top Marginal Tax Bracket
15%
Cost of Living Index
55 (US=100)
Economic & Employment Overview
Resort economy with newly introduced tax bands. With median gross compensation near $8,000 and take-home pay around $7,000, Male remains the primary entry point for Tourism opportunities.
Leading Industries & Tech Sectors
TourismFisheriesConstruction
Immigration & Expat Work Permits
Most foreign hires base themselves in Male, the country’s main hub for Tourism roles. High expat density drives resort employment
Major Economic Centers: Male, Hulhumale, Addu City
Tax System Breakdown
Single Filer ModelProgressive individual rates from 5.5% up to 15%. The top marginal statutory rate is 15%.
Sample Benchmark at Average Gross ($8,000 USD):
| Gross Salary | $8,000 |
| Total Income Tax Paid | $2,000 |
| Social Contributions / Payroll | $640 |
| Net Annual Take-Home | $5,360 |
| Effective Tax Rate | 33.0% |