Residency by investment in Mauritius
The residency permit in Mauritius extends eligibility to the spouse or common-law partner of the permit holder of the opposite sex.
The residency permit in Mauritius extends eligibility to the spouse or common-law partner of the permit holder of the opposite sex.
Mauritius offers a unique opportunity for families seeking residency, allowing them to settle in this beautiful island nation. The country has streamlined the process for real estate investment, enabling individuals to invest in property without the need for a separate residency permit. This approach not only simplifies the residency process but also provides stable terms for those looking to invest and work in Mauritius, making it an attractive destination for many.
Investors interested in investing USD 50,000 can avail themselves of a renewable 10-year residency permit in Mauritius by following the steps outlined below:
1.Obtain Approval-in-principle from the Economic Development Board of Mauritius.
2.Incorporate a company in Mauritius under the Companies Act 2001.
3.Open a Mauritian bank account for the newly incorporated company.
4.Transfer USD 50,000 (along with USD 7,500 for processing fees) into the company’s Mauritian bank account.
Apply for the Investor Residency Permit.
Receive the Residency Permit upon approval.
It is important to note that holders of the residency permit have the flexibility to engage in other business activities within the same company. This provision allows investors to explore additional entrepreneurial ventures while enjoying the benefits of their residency status in Mauritius.
The holder of the residency permit has the opportunity to renew their Residency Permit upon its expiry, subject to meeting certain criteria. Specifically, the company associated with the permit holder must have achieved a minimum gross income of MUR 4 million (approximately USD 100,000) annually, starting from the third year of registration.
In addition, the residency permit holder is eligible to apply for a Permanent Residence Permit, which is valid for 20 years. This application can be made after a minimum of 3 years of residency. To qualify, the applicant must meet either of the following requirements:
1. Maintain an annual gross income of at least MUR 15 million (approximately USD 375,000) for three consecutive years prior to the Permanent Residence Permit application.
OR
2. Achieve an aggregate turnover of MUR 45 million (approximately USD 1,125,000) over any consecutive period of three years preceding the Permanent Residence Permit application.
These criteria provide pathways for the residency permit holder to attain long-term residency and potentially permanent residency status in Mauritius, based on their business’s financial performance and contribution to the local economy.
Investment Fund min. USD 50,000 Investment to an FSC regulated Fund
Owned a business with $750,000 annual turnover
Real Estate min. USD 375,000 Property Investment
Research on Country
Consultation
Due Diligence and Preparing Paperwork
Submitting Paperwork
Government Processing + Pre Approval
Making Investment
Receive Passport