Mauritius Residence Permit

What Is The Mauritius Residence Permit Program

The Mauritius Residence Permit by Property Investment Program allows investors to obtain a residence permit in Mauritius by investing in real estate through one of the approved investment schemes.

The program requires a minimum investment of USD 375,000 or MUR 6 million for a condominium with at least two floors above ground.

The Benefits

Residency and Family Inclusion

Right to stay in Mauritius as long as you remain the owner of the property.

Travel and Quality of Life

  • Residence Permit grants the holder the right to live, work and retire in Mauritius.
  • Permission to work in Mauritius without applying for Occupation Permit or Work Permit.
  • Safe and secure environment.
  • Access to high-level educational institutions.

Requirements and Taxation

  • Pathway to permanent residency and eventually, citizenship.
  • Generous tax system with opportunities for tax optimization.

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    Investment Options

    A minimum of USD 375,000 in one of the following 6 real estate investment projects:

    The Integrated Resort Scheme (IRS)
    Ready-made residential properties such as villas, townhouses, penthouses, apartments, duplexes, and services plots of land exceeding 10 hectares.

    The Real Estate Scheme (RES)
    Provides a range of living options, including villas, penthouses, duplexes, and apartments, situated in exclusive, small residential developments.

    The Property Development Scheme (PDS)
    Integrated projects of social benefit to the neighbouring community, subject to strict environmental controls, and focused on ecology.

    The Invest Hotel Scheme (HIS)
    New or existing hotel units where the investor has the right to stay and spend up to 45 days per year in the hotel.

    The Smart City Scheme (SCS)
    Environmentally friendly living, working, or recreational spaces that generate their own energy and water resources, provide cutting-edge connectivity, develop smart modern transportation, and reduce traffic congestion.

    The Ground +2 Apartment Scheme (G+2)
    Investment in a condominium of at least 2 floors above ground. The purchase price of an apartment should not be less than USD 135,000.

    The Process

    Arrows process

    Due Diligence and Application

    • Choose the property you want to invest in and fulfill the investment requirements.
    • Applicants shall make an application to the Economic Development Board (EDB).

    Approval and Investment

    • Applicants pay the non-refundable processing fees to the EDB (MUR 10,000 for IRS and RES; and MUR 20,000 for PDS).
    • Applicants must provide supporting documents.

    Residency

    The Applicant receives the Mauritian Residence Permit.

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      Frequently Asked Questions

      The Applicant must invest a minimum of USD 375,000 in a property in Mauritius through one of the 5 following investment schemes:

      • The Integrated Resort Scheme
      • The Real Estate Scheme
      • The Property Development Scheme
      • The Invest Hotel Scheme
      • The Smart City Scheme

      Or, the applicant can invest not less than USD 135,000 in a condominium of at least 2 floors above the ground.

      This program grants you the right to stay in Mauritius as long as you remain owner of the property.

      The benefits of the residence permit by property investment in Mauritius are the following:

      1. Residence Permit grants you the right to stay in Mauritius as long as you remain owner of the property there.
      2. Residence Permit by investment grants the holder the right to live, work and retire in Mauritius.
      3. Permission to work in Mauritius without applying for Occupation Permit or Work Permit.
      4. Residence Permit authorizes the holder’s family (spouse and children) to stay in Mauritius.
      5. Pathway to permanent residency and eventually, citizenship.
      6. Favorable taxes.
      7. Safe and secure environment.
      8. Access to high-level educational institutions.

      The Mauritius Residence Permit by Property Investment Program provides a clear and structured pathway for investors seeking to obtain a residence permit in Mauritius. By investing a minimum of USD 375,000 in one of the approved investment schemes or not less than MUR 6 million in a condominium of at least 2 floors above the ground, investors can obtain the right to stay in Mauritius for as long as they own the property. While the process involves meeting specific investment requirements, it provides a straightforward path towards securing a residence permit in Mauritius. Please feel free to contact us for further information on the application process and eligibility criteria.

      Dependents include spouses or partners, parents, and unmarried, financially dependent children (including stepchildren and adopted children) of any age who are not gainfully occupied.

      Rental income is taxed at 15% of the individual income tax.

      The payment can be made in US dollars or its equivalent in any other freely convertible foreign currency.

      When a non-citizen purchases a residential property, the purchaser must finance the purchase with funds from outside Mauritius and transfer the funds to Mauritius through any reputable bank listed in the Banking Almanach recognized by the Bank of Mauritius.

      No, there is no need to open a bank account in order to purchase a property. However, it is advisable to do so. Funds can be transferred to the notary directly.

      Additional costs include a 5% registration duty fee, notary fees, and a USD 500 application fee for the letter of approval through the Economic Development Board of Mauritius.

      Please contact HLG if you wish to receive a comprehensive list of the required documents.

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