Need to be a shareholder and director of the Mauritius company.

There are 3 ways to invest:

• – Initial transfer of USD 50,000 or equivalent in the bank account of the company; or
• – Net Asset Value of company of at least USD 50,000 and cumulative turnover of at least MUR 12 million for the 3 years preceding application; or
• – Minimum investment of USD 25,000 with remaining value of the high technology machines and equipment aggregating to a minimum of USD 50,000.

The occupation permit shall be valid for 10 years and is renewable subject to the company achieving a gross income of at least 4 million rupees as from the third year of registration
Eligible to apply for a 20-year Permanent Residence permit, after at least 3 years of residency provided 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; or
• – Achieving an aggregate turnover of MUR 45 million for any consecutive period of 3 years preceding the application for a Permanent Residence Permit.

No minimum investment criteria

EITHER
Submit your innovative project to the Economic Development Board for evaluation and approval

OR
Register with an incubator accredited with the Mauritius Research and Innovation Council.

The business plan should clearly depict all expenditures related to R&D activities, which must constitute of at least 20% of total operational expenditure, during the research phase.

The occupation permit is renewable for a period of 10 years.

• – A minimum investment of USD 375,000 in a qualifying business activity.
• – The residency validity is 20 years.

• – A professional should earn a monthly basic salary of at least MUR 60,000. As for professionals in information and communication technologies (ICT), business process outsourcing (BPO), pharmaceutical manufacturing and food processing, fund accounting and compliance services, the monthly basic salary should be at least MUR 30,000.
• – Eligible to renew the Occupation Permit at its expiry, subject to renewing the contract of employment with the minimum monthly basic salary.
• – Eligible to apply for a 20-year Permanent Residence Permit, after at least 3 years of residency, provided that the person receives a basic monthly salary of at least MUR 150,000 for 3 consecutive years preceding the application for the Permanent Residence Permit.

A self-employed is defined as a non-citizen engaged in a professional activity under the services sector only and registered with the Registrar of Businesses under the Business Registration Act 2002.

• – Should operate a one-person business activity
• – Should make an initial transfer of USD 35,000 or its equivalent in freely convertible foreign currency to his/her local bank account in Mauritius
• – The business activity should generate a cumulative business income of at least 2,400,000 rupees during the 3 years and with a business income of at least 600,000 rupees per year.
• – The Occupation Permit is valid for a period of 10 years.
• – Renewal of permit is subject to a business income of 800,000 rupees per year as from the third year of registration.
• – Application for a 20-year Permanent Residence Permit is possible provided:
  – the person has held the residency for at least 3 years, with an annual business income of at least MUR 3 million for 3 consecutive years, immediately preceding the application for a Permanent Residence Permit.

• – The person should not be a citizen of Mauritius and should be aged 50 years or above.
• – The person should make an initial transfer of at least USD 1,500 or its equivalent in freely convertible foreign currency to his /her local bank account in Mauritius.
• – Thereafter, the Retired Non-Citizen should transfer at least USD 1,500 monthly or transfer of such amounts, by instalments or otherwise, the aggregate of which shall be at least USD 54,000 or its equivalent in freely convertible foreign currency, during the 3 years’ validity of the residence permit.
• – At the end of each year, the Retired Non-Citizen should submit to the Economic Development Board evidence of transfer of funds into his/her local bank account.
• – Applicants benefit from a 10-year residence permit with the possibility to apply for a 20- year Permanent Residence Permit after 3 years.
• – Eligible to renew the Residence Permit upon expiry, subject to a transfer of USD 1500 per month or the aggregate of USD 18,000 per year during the 10 years’ validity.
• – Eligible to apply for a 20-year Permanent Residence Permit provide the person has held the residency for at least 3 years, with a transfer of at least USD 54,000 or its equivalent in freely convertible foreign currency during the 3 years preceding the Permanent Residency application.

Mauritius offers different schemes approved and managed by the Economic Development Board to acquire residential property. For details, please log on to
https://residency.mu/acquire/