The Government's newly submitted "Budget Position Report" forecasts that State revenue from Green Tax will surge by 95.2% in 2025.

The Green Tax is an environmental levy imposed on tourists visiting the Maldives to finance the nation's conservation efforts and ecological initiatives. All visitors staying at resorts, guesthouses, city hotels and safari vessels are required to pay this environmental levy.

As of 1st January 2025, the Government will introduce new Green Tax rates, with the standard rate doubling to USD 12 from the current USD 6, whilst the reduced rate rises to USD 6 from USD 3. The revised scheme also introduces an exemption for infants under two years of age.

The "Budget Position Report" projects that these amendments will yield MVR 963.6 million in the coming year. The forecast accounts for anticipated growth in the tourism sector and an expected rise in overnight stays, suggesting revenue would increase even without the rate adjustments.

Factoring in both the increased occupancy rates and the new tax structure, State coffers are expected to receive MVR 2 billion in Green Tax revenue next year – a considerable increase from this year's projected MVR 1 billion.

MIRA (Maldives Inland Revenue Authority) reports that the State has already collected MVR 885 million in Green Tax revenue in the first ten months of the current year.