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Invest in Mauritius

Mauritian residency by investment

Mauritius residency by investment
Mauritian residency by investment

Investment of USD 50 000

Mauritius offers a conducive business environment and a plethora of lifestyle advantages to the foreigner in quest of a stable jurisdiction to invest. Conscious of the worldwide economic and social conjuncture, important incentives pertaining to investment threshold and duration of the permit have been implemented to provide increased foresight, comfort, and convenience to the investor community. Apply for your Mauritian residency by investment.

See more about Mauritius here

Key Features

Minimum Investment – USD 50 000

Validity – 10 years renewable

Application fee – MUR 20 000 upon approval of application

Renewing Criteria – MUR 4 million as from the 3rd year of registration

Mauritian residency by investment some frequently asked questions

How do you qualify for the Mauritian residency by investment of USD 50,000?

A minimum investment of USD 50,000 in a business activity.

Do I need to travel to Mauritius to start the application process?

You can start the application process online without having to travel to Mauritius. The National Electronic Licensing System is a dedicated online platform that caters for the whole process: from submission of application until issue of the approval in principle letter.

For security and identification purposes, you will be required to register prior to the use of the online platform, accessible on the following link https://business.edbmauritius.org/.

How do I get started to set up a business in Mauritius?

The Corporate and Business Registration Department (CBRD) is a one-stop shop for starting a business and it offers a variety of options in terms of category, nature, and type of company. You will be required to register on the following link https://companies.govmu.org/ to start the procedures to set up a company.

For more information, you may access the following link https://www.edbmauritius.org/info-centre

Where should I transfer the fund required?

Once you obtain the approval in principle email, you will be eligible to open a bank account in Mauritius. The initial transfer of USD 50,000, or its equivalent in freely convertible currency, should be transferred in the bank account of the company under which the application will be made. The transfer of funds is a pre-requisite for the issue of the Occupation Permit.

Do I require any clearance/licence to start the operations of my company?

A non-regulated activity does not require any licence or clearance to start operations. A regulated activity as opposed with require a clearance/licence from the relevant public sector agency prior to the start of operations or within a defined timeframe, after operations have started.

You will be informed of the need to apply for a clearance/licence following the submission of your application for an Occupation Permit. The clearance/licence is a requirement to obtain an Occupation Permit.

When should I file a return of income?

Companies incorporated in Mauritius are required to file a return of income with the Mauritius Revenue Authority (MRA) annually and effect payment of tax where applicable. An annual return must also be filed with the Corporate and Business Registration Department.

Can I acquire a residential property in Mauritius while being under this residency option?

As a foreign national, you may acquire a residential property developed under the Integrated Resort Scheme (IRS), Real Estate Scheme (RES), Property Development Scheme (PDS) or Smart City Scheme (SCS). The foreign national is also allowed to acquire an apartment located in a building of at least ground plus two floors.

In addition, a non-citizen who has a residence permit under IRS/RES/PDS is exempted from the requirement to hold an Occupation or Work Permit to invest and work in Mauritius.

However, a non-citizen who has a residence permit under IRS/RES/PDS will be exempted from an Occupation or Work permit to invest and work in Mauritius.

Can my family accompany me?

Immigration policies in Mauritius strongly promote family reunion/reunification. Dependents, comprising the spouse, common law partner of the opposite sex, children aged 24 years and below, and parents are eligible for a residence permit, allowing them to live in Mauritius for the same duration. You may apply for a residence permit for your dependents with the Passport and Immigration Office, once you have received your Occupation Permit.

Application for a Residence Permit as dependent is made to and determined by the Passport and Immigration Office.

What happens after the 10 years?

You are eligible to renew your Occupation Permit at its expiry, subject to your company having achieved a gross income of at least MUR 4 million annually, as from the third year of registration.

You are also eligible to apply for a 20-year Permanent Residence Permit, after at least 3 years of residency, provided that the following criteria have been satisfied:

  • achieving an annual gross income of at least MUR 15 million for 3 consecutive years preceding the application for the Permanent Residence Permit application

or

  • achieving an aggregate turnover of MUR 45 million for any consecutive period of 3 years preceding the Permanent Residence Permit application.

You are also eligible to apply for a 20-year Permanent Residence Permit provided you have held the residency for at least 3 years, with: 

  • a minimum annual gross income of at least MUR 15M for 3 years preceding the Permanent residency application

or

  • an aggregate turnover of MUR 45M for any consecutive period of 3 years preceding the Permanent residency application.

What documents do I require to submit an application?

Preliminary documents to be uploaded online for Approval-In-Principle

  1. Birth Certificate – original (either in English or French) If not, a certified/sworn translated copy by a competent authority should be submitted.
  2. Detailed Business Plan – as per template provided.
  3. Passport – Biodata page
  4. 1 recent colour passport size digital photograph – dimensions 3.5cm (413 pixels) x 4.5cm (531 pixels) (less than six months old)
  5. Signed undertaking – to be filled and signed by the applicant.

Documents to be uploaded and presented in originals after Approval-In-Principle

  1. Business Registration Card
  2. Certificate of Incorporation
  3. Register of Shareholders and Directors
  4. Investment (evidence of transfer of funds from abroad in a local bank account of the company)
  5. Clearances/licenses/letter of intent for regulated activities (GBL, TEL, etc)
  6. Marriage Certificate / Divorce Certificate– original (either in English or French) If not, a certified/sworn translated copy by a competent authority should be submitted.
  7. Medical Certificate and reports – less than six months old
  8. Last entry visa pages
  9. Copy of any other permit – Occupation Permit/Work/Residence Permit
  10. Processing fee
  11. Any other document as may be required.

Kindly note that the preliminary documents mentioned above must also be presented in originals while attending the appointment.

Any other questions ?

You may contact EDB office on
+230 2033800 or send your query below:

Application process

Apply for permit here

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