Mauritian residence permit

Invest in Mauritius - Know about different residence permits

 



Residence permits

 

A Mauritian residence permit is compulsory when staying for a period exceeding 6 months.

A foreigner is eligible for a permanent residence permit if he invests at least US$ 500 000 by acquiring an immovable property through one of the schemes described earlier: PDS, RES, or IRS.

 

 

 

THE OCCUPATION PERMIT FOR INVESTORS

It applies for those who wish to carry out an economic activity in Mauritius through the setting up of a company. The business activity must generate an annual turnover exceeding Rs.2 million on the first year (then a total turnover of at least Rs.10 million over the next two years) for a minimum investment of US$ 100 000 or the equivalent of said amount in a freely convertible currency.

THE OCCUPATION PERMIT FOR EMPLOYED PROFESSIONALS

The basic month salary must be superior to Rs.60 000, the foreign applicant must have an employment contract with a Mauritian company as well as the proof that no Mauritian citizen can perform the job he/she is being recruited for.

 

 

THE OCCUPATION PERMIT FOR SELF-EMPLOYED PROFESSIONALS

This permit applies to the persons who practice a liberal profession and wish to generate an economic activity from it. This business activity must be registered at the Registrar of Business and must generate an annual turnover exceeding Rs.600 000 for the first two years, then an annual turnover exceeding Rs.1,200 000 from the third year, for a minimum investment of US$ 35 000 or the equivalent of said amount in freely convertible currency.

THE RESIDENCE PERMIT FOR RETIRED NON-CITIZENS

One qualifies as a Retired Non-Citizen if one is 50 years of age or above, does not engage in any gainful activities in Mauritius and must undertake to transfer, to one’s local bank account in Mauritius, a monthly amount of at least US$ 2 500, or an annual total amount of at least US$ 30 000 for a period of three years.

The residence permit allows for dependents of the holder to reside in Mauritius. However, this permit does not allow the dependents to work in Mauritius.

Invest in Mauritius - Permanent residence permit



The Permanent Residence Permit


A non-citizen with permanent resident status is duly authorised to live, travel, work and acquire residential property under the RES, IRS, PDS and IHS programmes in Mauritius. This permit is issued for the duration of ten years, as long as the necessary requirements are met.

The following categories of persons are allowed to apply for a permanent residence permit if they have already held a previous permit for at least 3 years (occupation permit or residence permit) :

 

 

 

THE OCCUPATION PERMIT FOR INVESTORS

Subject to the condition that the company in which an investor has invested a minimum amount of US$ 100,000 (or the equivalent amount in another foreign currency) generates an annual turnover exceeding Rs.15 million (or Rs.45 million over 3 years).

THE OCCUPATION PERMIT FOR EMPLOYEES

The gross monthly salary of the professional must be at least Rs.150 000 for 3 years.

 

 

THE OCCUPATION PERMIT FOR SELF-EMPLOYED

Subject to the condition that the activity carried out by a self-employed individual, in which the latter has invested at least USD 35,000 (or the equivalent amount in another foreign currency), generates an annual turnover exceeding Rs.3 million for 3 years.

THE RESIDENCE PERMIT FOR PENSIONERS OR RESIDENT NON-CITIZENS

Subject to the condition that the person who has retired in Mauritius has held a retired residence permit and has transferred at least US$ 40 000 annually to his or her local Mauritian bank account over the last 3 years.

 

Find our selection of PDS, RES or IRS properties, accessible to foreigners directly on our website