Investment of
USD 375,000
Permanent Residence Permit

Investment of
USD 375,000

A foreign investor who invests at least USD 375,000 in a qualifying business activity is eligible to apply for a permanent residence permit.

An exclusive 20-year residency is given to ensure you settle and your business is productive while you explore other various opportunities in Mauritius.

Key Features

Minimum Investment

USD 375,000

Residency Validity

20 years

Applicable Fees

A minimum investment of USD 375,000 in a qualifying business activity.

Qualifying activities: Agro-based industry, Audio-visual, Cinema and Communication, Banking, Construction, Education, Environment-friendly and green energy products, Financial Services, Fisheries and Marine Resources, Freeport, Information Technology, Infrastructure, Insurance, Leisure, Manufacturing, Marina development, Tourism and Warehousing, Initial Public Offerings.

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.

The initial transfer of USD 375,000, 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.

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.

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.

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.

Immigration policies in Mauritius strongly promote family reunion/reunification. Dependents of Occupation Permit holders and/or Retired non-citizens are eligible to apply for a residence permit, allowing them to live in Mauritius for the same duration as the main holder.

Dependents are referred to as spouse (including Common Law Partner of the opposite sex), parents and children (including stepchildren or lawfully adopted children) who are unmarried and not engage in any gainful activity.

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

Important Notes

Applying for an Occupation Permit or a Residence Permit by Retirees on the National E-Licensing System (NELS) is free of charge. In addition, the Economic Development Board does not charge any fees for processing of applications for these permits. Only successful applicants are required to pay the statutory permit fees, as prescribed by law, to the Government of Mauritius.

Any other questions ?

You may contact the Residence Permit Section on
+230 2011244 or send your query on pmo-rp@govmu.org

Chat with us