MAURITIUS
Mauritius is an island nation in the Indian Ocean that is attracting considerable foreign investment. Having experienced steady economic growth for decades, Mauritius is one of the most business-friendly countries in Africa. Residence brings many benefits including lifestyle advantages, with additional benefits for Southern African Development Community citizens.
INVESTMENT
Minimum investment of USD 375,000 in real estate
KEY BENEFIT
The right to live, work, and retire in Mauritius
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 applicable to the whole family — including a spouse or common law partner, parents, and natural, step-, or adopted children of any age who are fully dependent on the main applicant, unmarried, and who should not engage in any employment in Mauritius without a valid work or occupation permit
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 ONE OF THE QUALIFYING OPTIONS FROM THE CATEGORIES LISTED BELOW:
Property acquisition
Purchase residential real estate with a minimum value of USD 375,000 in one of the following real estate projects:
Integrated Resort Scheme (IRS): Large properties (villas, townhouses, penthouses) on land over 10 hectares
Real Estate Scheme (RES): Smaller units on freehold land under 10 hectares
Property Development Scheme (PDS): Projects with social and environmental benefits, under strict regulations
Invest Hotel Scheme (IHS): New or existing hotel units, where the investor can live for 45 days in any 12-month period
Smart City Scheme (SCS): Sustainable spaces with energy, water, and modern transport solutions
Ground +2 Apartment Scheme (G+2): Apartments in developments with at least two levels above ground
Investor permit
Make a minimum investment of USD 50,000 in a business activity
Retirement permit (aged 50 years and above)
CHOOSE ONE OF THE FOLLOWING OPTIONS:
Capital transfer of USD 1,500 per month or USD 18,000 per year; or
Acquire a residential unit (no minimum acquisition price) or life rights to a residential unit in an approved senior living property development scheme
Self-employed permit
Invest a minimum of USD 35,000 in a professional activity and provide two letters of intent from potential clients
Occupation permit
Secure employment in Mauritius through a contract of employment with a minimum monthly basic salary of MUR 30,000
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 through a bank recognized by the Bank of 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.
MAURITIUS RESIDENCE BY INVESTMENT PROGRAM FREQUENTLY ASKED QUESTIONS
What is the Mauritius Residence by Investment Program?
The Mauritius Residence by Investment Program offers residence to individuals and their families through significant economic contributions to the country.
What are the investment options available for the Mauritius Residence by Investment Program?
Investment options include the acquisition of residential real estate within approved schemes, business investment, employment with a minimum salary, or self-employment with client commitments. Retirees can either transfer funds or purchase a residential unit in a senior living development.
What are the benefits of obtaining Mauritian residence through investment?
Benefits include the right to live, work, and study in Mauritius, a high quality of life in a safe environment, and the option to rent out the investment property.
What is the minimum investment required for the Mauritius Residence by Investment Program?
The minimum investment starts at USD 375,000 for real estate purchases.
How long does it take to process an application for the Mauritius Residence by Investment Program?
Processing times for residence by investment applications may vary. Please contact us to find out more.
Can family members be included in the Mauritius Residence by Investment Program application?
Yes, the main applicant can include their spouse, dependent children, and dependent parents in their application.
What are the residence requirements for the Mauritius Residence by Investment Program?
There are no specific residence requirements, but for real estate investments, a suitable property needs to be maintained to renew the residence permit.
What documents are required for the Mauritius Residence by Investment Program application?
Required documents include a valid passport, proof of investment or contribution, a clean criminal record, and other supporting documents.
Is it possible to obtain Mauritian citizenship through the residence by investment program?
No, obtaining Mauritian citizenship requires a separate and more stringent process.
What is the process for applying to the Mauritius Residence by Investment Program?
Applicants must make a qualifying investment, submit the application with the necessary documents, and undergo a due diligence process.