Mauritius Visa & Residency Incentives (Golden Visa)

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Mauritius Visa & Residency Incentives (Golden Visa)

Mauritius is a sought-after destination for investors, entrepreneurs, and retirees looking to establish residency in a politically stable, tax-friendly, and scenic environment. The government offers several residency programs, including the Mauritius Golden Visa, which allows property investors to secure long-term residency.

This guide explores the key visa and residency incentives available in Mauritius, including eligibility requirements, benefits, and the application process.

Table of Contents

Residency by Property Investment (Mauritius Golden Visa)

Mauritius provides a 20-year renewable residence permit to non-citizens who invest in government-approved real estate investments. This is commonly referred to as the 'Mauritius Golden Visa' and is applied through the Economic Development Board (EDB) of Mauritius. The residence permit also extends to the investor’s spouse and dependents. Here are the real estate investment schemes in Mauritius for foreigners looking to acquire property and secure residency:

Integrated Resort Scheme (IRS): Designed for luxury villas and apartments in prime locations, offering resort-style amenities. Requires a minimum investment of USD 375,000.

Real Estate Scheme (RES): Designed for high-end residential projects on smaller land areas, offering luxury homes in prime locations. A minimum investment of USD 375,000 qualifies for residency.   Property Development Scheme (PDS): Aimed at promoting integrated, sustainable communities, this scheme includes private residential developments with shared amenities. Requires a minimum investment of USD 375,000.

Smart City Scheme: Encourages the development of self-sufficient urban hubs with high-tech infrastructure, sustainable design, and mixed-use spaces. A minimum investment of USD 375,000.

Invest-Hotel Scheme: Foreign investors can acquire rooms, suites, or villas in approved hotels, benefiting from rental returns while having limited personal use rights. A minimum investment of USD 375,000.

City +2 Projects: Foreigners can purchase apartments in buildings with at least two floors above ground (G+2). This scheme allows for urban residential investment, with a minimum purchase price of MUR 6 million (approximately USD 135,000). Residency is not automatically granted under this scheme but may be available if the total investment reaches USD 375,000.

Sustainable City Scheme: Encourages eco-friendly living with smart infrastructure, renewable energy, and green spaces designed for sustainable urban development. A minimum investment of USD 375,000.

Key Benefits

  • 20-Year Renewable Residency: Secure long-term residency in Mauritius.
  • No Minimum Stay Requirement: Maintain flexibility with your residence status.
  • Tax Efficiency: No capital gains tax, inheritance tax, property tax or wealth tax.
  • Path to Citizenship: Potential eligibility for Mauritian citizenship after seven years of continuous residence.
  • Lifestyle & Business Opportunities: Enjoy a high-quality lifestyle in a thriving business-friendly environment.

Application Process

  • Select an approved property and sign a purchase agreement.
  • Submit an application to the Economic Development Board (EDB) of Mauritius.
  • Provide proof of investment and required documentation.
  • Receive approval and obtain the Residence Permit.

Occupation Permit: Residency for Entrepreneurs & Professionals

The Occupation Permit (OP) is a combined work and residence permit for investors, professionals, and self-employed individuals looking to establish themselves in Mauritius. Benefits include immediate work authorisation for business owners and employees and opportunity to apply for a Permanent Residence Permit after three years.

Categories & Requirements

  • Investor Permit: Initial investment of USD 50,000 in a Mauritius-based business and Business turnover requirement: MUR 4 million per year (approx. USD 85,000).
  • Professional Permit: Employment with a monthly salary of MUR 60,000 (approx. USD 1,300), or MUR 30,000 for IT and fintech sectors.
  • Self-Employed Permit: Investment of USD 35,000 in a business providing professional services.

Retired Non-Citizen Residence Permit

The Retired Non-Citizen Residence Permit is designed for individuals aged 50 years or older who wish to live in Mauritius without engaging in employment or business activities. Retirees can enjoy Mauritius with no work obligations and can upgrade to Permanent Residence after three years.

Requirements

  • Transfer a minimum of USD 1,500 per month (or USD 18,000 annually) into a Mauritian bank account.
  • Funds must be used for personal living expenses.
  • Permit can be renewed for an additional 10 years.

Premium Visa: Long-Term Stay for Remote Workers & Digital Nomads

The Premium Visa is a long-term visa for remote workers, freelancers, and digital nomads who want to live in Mauritius while working for a foreign-based company. There is also no local taxation unless the individual stays beyond 183 days per year.

Eligibility Criteria

  • Must work for a company outside Mauritius or have an independent source of income.
  • Cannot enter the local labour market.
  • Must provide proof of accommodation and health insurance.

Permanent Residence Permit (PRP)

The Permanent Residence Permit (PRP) allows foreigners to live in Mauritius for 20 years, provided they meet the eligibility criteria under investment, employment, or retirement categories. This allows you to work, live, and conduct business without additional permits.

Eligibility Criteria

  • Hold an Occupation Permit (Investor, Professional, or Self-Employed) for at least three years and meet revenue thresholds.
  • Property investors who have acquired real estate under the Mauritius Golden Visa.
  • Retired non-citizens who have maintained residence for three consecutive years.

Find The Right Property Investment in Mauritius

Navigating the residency and property investment landscape in Mauritius can be complex, but with our expertise, you can make informed decisions with confidence. We specialise in helping international investors find the right property, whether for personal use or as part of a long-term investment strategy. Let us help you identify the best opportunities and guide you through every step of your property investment journey.

Contact us today to discuss your requirements and leverage our network of professionals for deeper investment insights.

Legal Disclaimer: This guide is for informational purposes only and does not constitute legal, tax, or financial advice. Consult qualified professionals before making any decisions. Regulations and requirements are subject to change. We do not accept liability for any errors or omissions

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