lodge compliance

Cocos (Keeling) Islands

Introduction

Nestled in the Indian Ocean, the Cocos (Keeling) Islands are a tropical paradise where short-term rentals, known locally as holiday homes or vacation rentals, have become a cornerstone of the tourism industry. Visitors flock to popular destinations such as Home Island and West Island, drawn by the islands' pristine beaches and vibrant marine life. In 2023, the government saw a significant boost in revenue from these short-term rentals, reflecting their growing popularity among travelers seeking unique, local experiences. With platforms like Airbnb and Stayz leading the charge, these rentals not only contribute to the local economy but also provide an authentic way for tourists to immerse themselves in the serene beauty of the Cocos (Keeling) Islands.

Overview

Nestled in the Indian Ocean, the Cocos (Keeling) Islands are a tropical paradise where short-term rentals, known locally as holiday homes or vacation rentals, have become a cornerstone of the tourism industry. Visitors flock to popular destinations such as Home Island and West Island, drawn by the islands' pristine beaches and vibrant marine life. In 2023, the government saw a significant boost in revenue from these short-term rentals, reflecting their growing popularity among travelers seeking unique, local experiences. With platforms like Airbnb and Stayz leading the charge, these rentals not only contribute to the local economy but also provide an authentic way for tourists to immerse themselves in the serene beauty of the Cocos (Keeling) Islands.

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Overview
Property
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short term rentals
What are short Term Rentals in the Country?
Is Subletting Legal?
National Association for STR Owners
What is the maximum length of stay?
Is there any National Registration Requirement or Permit?
Is there a need for Permission from Landlord/Local Council/Neighbors?
Is Short-term rental Income taxable?
Is there any National Tourism Fund or Tourist Tax?
Is there any Guest Registration and Reporting Requirement?
Is there any National Health and Safety Requirements?
Is there any Platform Accountability Requirement?
Is there any Anti-Discrimination Law?
Is there any Data Sharing Requirements?
Is there any National Insurance Requirement?
Is there any National Zoning law/Cultural Heritage law?
Is there any Environmental Regulations that affects STR?
Is there any National Tenant Protection Law?
Is there any Reporting Requirements for Foreigners?
Is there any Digital Platform Regulation Compliance?
Is there any Consumer Protection Law that affect STR?
Is there any Law that applies to Non-resident Owners?
Is there any classification of STR in the country?
Are there Special National Event Regulations?
Is there any Penalty for Violating National Rules?
Are there National Rules or Regulations Governing Short-Term Rentals in the Country?
Is there any National Tax that affects short-term rental?
permits, license
Are there any Permits, Licenses, or Registrations for Short-term Rentals in the Country?
Is there any National Association for STR owners in the Country?
National Association for STR Owners
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Disclaimer

Lodge compliance is not a licensed tax or financial advisor. Therefore nothing in the above article should be construed as tax, legal, or financial advice. Contact your local tax office for information regarding your personal circumstance.

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