In order to reside in Mauritius, one needs to either acquire real estate for a value exceeding USD 375,000 (please note this does not give one the right to work in Mauritius), or apply for an Occupational Permit.
An investor, as defined under the Immigration Act, is a shareholder and director of a company incorporated in Mauritius under the Companies Act 2001.
An investor is eligible to apply for an investor occupational permit under the following options:
By making an initial transfer of USD 50,000 or its equivalent in freely convertible currency in the bank account of the company under which the application will be made.
If his/her company – existing or inherited – has a net asset value of at least USD 50,000 or its equivalent in freely convertible foreign currency, as well as a cumulative turnover of at least MUR 12,000,000 during the three years preceding the application.
To renew an investor occupational permit, the company should generate a minimum gross income of MUR 4,000,000 per year, as from its third year of registration.
Investor in high technology machines and equipment
An Investor wishing to bring in high-tech machinery and equipment as part of the initial investment of USD 50,000, must transfer a minimum of at least USD 25,000 or its equivalent in freely convertible foreign currency and the equivalent of the remaining value in high technology machines and equipment, subject to criteria as the Chief Executive Officer may determine, such as:
- The high-tech machinery and equipment will be evaluated based on the invoice issued by the supplier and a report from a recognized Chartered Valuator in the country of origin.
- In case the high-tech machinery and equipment is yet to be shipped to Mauritius, the investor should submit the bill of lading to the Occupation Permit Unit at time of submission of the application.
- Investment in high-tech machinery and equipment must be in a qualifying activity including but not limited to agro-Industry, aquaculture, healthcare, ICT-BPO, fin-tech, life sciences, biotechnology, manufacturing, ocean economy and renewable energy.
For renewal, a cumulative turnover of at least 12 million rupees during the 3 years preceding the application for occupation permit and with a turnover of at least 2 million rupees per year.
Investor for innovative start-ups
Foreign nationals are eligible to apply for an innovator OP under the following 2 options:
An initial investment of USD 40,000 or its equivalent in freely convertible currency and a minimum operation expenditure of 20 per cent on research and development
Registered with an incubator accredited with the Mauritius Research Council and a minimum operation expenditure of 20 per cent on research and development.
This permit is a work permit for companies wishing to employ a professional with demonstrated expertise in a particular field. The minimum salary should be MUR 60,000 per month, with an exemption to MUR 30,000 in ICT companies.
- 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.
- A Self-Employed should operate a one-person business activity, working exclusively for his/her own account.
- A Self-Employed 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 preceding the application for occupation permit and with a business income of at least 600,000 rupees per year
- A retired non-citizen is defined as a 50+ year-old who is not a citizen of Mauritius.
- A retired non-citizen 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 the aggregate of at least USD 18,000 or its equivalent in freely convertible foreign currency per year, during the ten-year validity of his/her residence permit.
- At the end of each year, the retired non-citizen should submit to the Economic Development Board, the evidence of transfer of funds into his/her local bank account.
Right of a retired non-citizen to invest
The holder of a retired residence permit may invest in any business, provided that:
- s/he is not employed in the business;
- s/he does not manage the business;
- s/he does not derive any salary or employment benefits from the business.
We offer also other corporate services.
Navitas Immigration Services
Navitas House, Robinson Road, Floreal, Mauritius
Tel: +230 670 72 77