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Mauritius

Mauritius

(Residence by Investment Program)

VISA FREE DESTINATIONS:

150

PASSPORT INDEX RANK:

30th

OVERVIEW:

Mauritius is widely acknowledged for its delightful tropical climate, thriving economy, and highly competitive business environment, making it an enticing choice for foreign investors seeking to enter the region. The island boasts appealing tax regimes, along with remarkable political and social stability, offering numerous investment opportunities. Additionally, Mauritius’ warm hospitality, multicultural atmosphere, and stunning living environments further enhance its allure as an ideal destination for living, working, and retiring.

PROCEDURE:

To proceed with the application, it is essential to include duly filled application forms along with the required fees and supporting documents. These supporting documents should encompass a current certificate of good conduct and a recent medical certificate. After the preparation and initial approval of the documents, the investment can be initiated, and the completed documents can be submitted to the Economic Development Board of the Republic of Mauritius. It is crucial to maintain the real estate investment for the entire duration of the residence permit, and the financing for the investment must originate from external funds transferred to Mauritius through a bank recognized by the Bank of Mauritius.

MINIMUM CAPITAL REQUIREMENT:

Minimum real estate investment of USD 375,000

MAIN APPLICANT REQUIREMENTS:

PROCESSING TIME:

Processing time of six to eight months from submission of the application to approval

KEY BENEFITS:

  • Opportunity to rent out the investment property.
  • 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 centre.