Mauritius
Mauritius Occupation Permit
Mauritius Occupation Permit, an island situated in the Indian Ocean, is a highly attractive destination for foreign investment owing to its sustained economic expansion and hospitable business climate. Through real estate investment, foreign nationals can secure comprehensive residence rights with the Mauritius Occupation Permit program, affording them the opportunity to reside, work, and retire in Mauritius.
Mauritius Occupation Permit
Mauritius Occupation Permit allows individuals to reside and work in Mauritius under categories like Investor, Professional, Self-Employed, and Retired. Mauritius Occupation Permit Program grants residency for a specified period, offering benefits like tax incentives and business opportunities.
- Population: Around 1.3 million inhabitants
- Languages: English, French, Mauritian Creole
- Economy: Diverse economy with key sectors including tourism, textiles, sugar, and financial services
- Currency: Mauritian Rupee (MUR)
- Visa-Free Travel: 146 countries.
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Mauritius Occupation Permit Advantage
- Right to Live, Work, and Retire in Mauritius.
- Dependent Inclusion: Ability to include common-law partners of the
opposite sex, parents, and dependent children. - Work Permission: Permission to work in Mauritius without applying
for a Mauritius Occupation Permit or Work Permit. - Generous Tax System: Opportunities for tax optimization within a
generous tax system. - Safe and Secure Environment
- Access to High-Level Education Institutions
Requirements
- Financial Guarantee: A bank guarantee or undertaking by the
employer (depends on the investment type). - Medical Certificate: A medical certificate issued by a doctor in
Mauritius, along with required test reports. - Language of Documents: Provide all required documents in English
or French (or authorized translated copy). - Qualifying Investment: Make a qualifying investment where applicable.
Process (2-6 months)
- Eligibility Assessment: Ensure eligibility for the Occupation Permit (OP) category.
- Prepare Documentation: Collect necessary documents, including proof of investment, financial statements, and medical certificates.
- Application Submission: Submit the application through the Economic Development Board (EDB) online portal or in person.
- Approval Notification: Receive a letter of approval from the EDB.
- Entry into Mauritius: Enter Mauritius and schedule an appointment with the Passport and Immigration Office (PIO).
- PIO Appointment: Attend the appointment to provide original documents and complete biometric data collection.
- Issuance of OP: Receive the OP, typically valid for 3 years, subject to renewal.
- Residence in Mauritius: Reside in Mauritius and comply with ongoing requirements for your OP category.
- Renewal: Submit a renewal application with updated documentation before the current OP expires.
Mauritius Occupation Permit Categories:
- Investor:
- Normal: Invest a minimum of USD 50,000 from abroad in the bank account of the company in Mauritius.
- Net Asset Value: Invest a minimum net asset value of at least USD
50,000 for existing/inherited businesses, having achieved a cumulative turnover of approximately USD 263,000 over the 3 years preceding the application. - High-Technology: Invest at least USD 50,000 in high-tech machinery and equipment with a minimum transfer of at least USD 25,000 from abroad into the company’s Mauritian bank account, as part of a business activity that generates cumulative turnover in Mauritius, subject to certain conditions.
- Innovative Start-Up: No investment criteria, aimed at encouraging
investments in innovative start-ups engaged in research and
development (R&D) across various sectors.
- Professionals: Be employed in Mauritius by a multinational or a local
company with a monthly basic salary of at least USD 700. - Self-Employed: Non-citizen, registered with the Registrar of Businesses
as a one-person company, minimum initial transfer of USD 35,000 to a
local Mauritian bank account. - Retired Non-Citizen: Non-citizens aged 50 years or above must make
an initial transfer of at least USD 1,500 per month to a local bank
account in Mauritius. Following the initial transfer, they must continue
to transfer at least USD 1,500 per month or a total of at least USD
18,000 per year throughout the 10 years’ validity of the residence permit.