The Mauritius Residence by Investment Program

Mauritius is known for its pleasant tropical climate, multiculturalism, and spectacular living environments, but its dynamic economy, attractive tax regimes, and competitive business landscape have bolstered the country’s global stature and are attracting high-net-worth individuals and families from around the globe. For those who wish to reside in this island nation, the Mauritius Residence by Investment Program is the most efficient way to acquire such status.

Benefits of the Mauritius Residence by Investment Program

• Residence applies to the entire family, including a spouse or common-law partner, parents, and natural, step-, or adopted children up to and including 24 years of age who are dependent on the main applicant and not in full-time employment
• Safe, secure environment with tropical climate year-round
• International schools and universities
• Political, social, and economic stability
• Among the top 20 countries in the world for ease of doing business
• Sophisticated, transparent, and well-regulated international financial center

Requirements of residence by investment in Mauritius

The Mauritius Residence by Investment Program requires foreign investors to choose a qualifying option from one of the categories listed below:

1. Property acquisition
   
   Purchase residential real estate valued at a minimum of USD 375,000 within an approved scheme to obtain permanent residence for the duration of ownership
2. Investor permit
   
   Make a minimum investment of USD 50,000 in a company established in Mauritius to obtain residence for 10 years
3. Retirement permit
   
   Individuals aged 50 or above can obtain residence for 10 years with a capital transfer of USD 2,000 per month (or USD 24,000 per year), or by acquiring life rights in a residential unit within an approved Property Development Scheme for Senior Living
4. Self-employed permit
   
   Make a minimum investment of USD 50,000 in a professional activity, along with letters of intent from three potential clients to obtain residence for 10 years
5. Professional permit
   
   Secure employment in Mauritius with a contract offering a minimum monthly basic salary of MUR 50,000 (approximately USD 1,100) to obtain residence for 10 years

Procedures for the Mauritian Residence by Investment Program

Applications to the program must be made through the prescribed forms and must be accompanied by the appropriate fees. Supporting documents including a recent certificate of morality and a recent medical certificate from the applicant stating that they are free of contagious diseases are also applicable.

The real estate investment must be maintained for the duration of the residence permit and must be financed from outside funds transferred to Mauritius.

After initial due diligence checks have been conducted, the applicant may choose their preferred property. Once approval in principle has been granted and the applicant has fulfilled the investment, the application for residence can be submitted to the Economic Development Board of the Republic of Mauritius. Following successful due diligence checks, the applicant (and included family members) receives a Mauritian residence permit.

Dependents include spouses or partners, parents, and unmarried, financially dependent children (including stepchildren and adopted children) of any age who are not gainfully occupied.