Foreign Acquisition - Invest in Real Estate

R esidence Permit and Work Permit - The residence permit and work permit authorize a foreigner to reside and work in Mauritius. You have three categories in this scheme (professional, investor and self-employed).

P rofessional - The employee must be eligible to the laws in force in Mauritius and also meet all the criteria requested by the company employing the person. The salary must be a minimum of MUR 60,000 per month under a contract of employment with employer.

I nvesting in Mauritius as a Foreign Investor – An investor may settle in Mauritius, however he must start by making a transfer of a minimum of USD 50,000 or its equivalent in convertible foreign currency to the bank account of the company. The company must achieve a turnover of at least 4 million as from the 3rd year of the launch date of this company.

S elf-Employed - This must be delivered to one person and non-citizen of liberal profession. The activity must have a minimum income of MUR 2,400,000 during the three years preceding the license and with a turnover of at least Rs 800,000 annually.

R esidence Permit / Retired Non-citizen - The permit is awarded to a person over the age of 50 years minimum. He must make a monthly transfer of a minimum of USD 1,500 per month or the total amount of USD 54,000 during the three years of the residence permit in a bank account in Mauritius. This sum must be or equivalent in foreign currency convertible into the account.

L ong Stay Visa - Premium Visa - Mauritius has recently introduced the premium visa to encourage foreign nationals to come and live in Mauritius as tourists, retirees or professionals.This visa is for people who wish to change air with their family and at the same time be able to work remotely and enjoy the sun, sea and the beautiful landscapes of our beautiful island. Several countries are eligible. The visa premium is for a maximum period of 12 months with the possibility of renewal. For more information you can consult the EDB website (Visa Premium)

The Permanent Residence Permit in Mauritius:

T he permanent residence permit authorize a non-citizen individual to be able to settle in Mauritius for a period of 20 (twenty) years. The following schemes fall within the criteria of the permanent residence permit:

  • Occupation Permit : Total turnover must be at least 45 million rupees for a period of three years preceding the application.
  • Foreign Investor : If the latter has invested USD 375,000 or more in an acceptable and eligible business.
  • Retired Permit (non-citizen) : The person who holds the permit for three years and must transfer the total sum of USD 54,000 minimum to his account in a Mauritian bank during the three years following the license.