In recent years, Mauritius has expanded its policy of openness by welcoming foreigners who wish to work, live or retire on the island. Expatriating to Mauritius provides a lot of benefits to those thinking to settle in a pleasant and fruitful environment. With a laid-back lifestyle, a wide variety of facilities, great schools and healthcare, the island has a lot to offer for expats living in Mauritius. Here are the options available for expatriated foreigners. Get in touch with us to get more information on property acquisition in Mauritius.
Become a property owner
Wishing to buy property in Mauritius? The island offers a variety of residential properties for sale. As a foreigner, you can purchase a residential property under the IRS, RES, SCS, PDS or IHS schemes or in a Ground + 2 (2-story building) with a purchase price equal or higher than 375,000 USD. As foreign property owner in Mauritius, you will be able to work on the island without having to get a Work Permit. This remains valid until the property is sold.
Invest in Mauritius
Foreigners who wish to establish themselves on the island can invest in a property. To proceed, they should make an initial investment of 50,000 USD and get a cumulative turnover of Rs 12 million over a period of 3 years. In view of further opening the Mauritian market, the government will then grant investors a 10-year renewable Occupation Permit as an incentive to move to Mauritius.
Establishing to Mauritius as an Independent Contractor
As an independent contractor, you can obtain residency in Mauritius if you make an initial investment of 35,000 USD and get a cumulative turnover of EUR 52,000 over a period of 3 years. The Mauritian government will then grant the independent contractor a 10-year renewable Occupation Permit.
Moving to Mauritius as a professional
Professionals who wish to work and live in Mauritius should have a monthly base salary of Rs 60,000 per month and get a base salary for ICT professionals of EUR 650 minimum per month. The professional will then be granted a 10-year renewable Occupation Permit.
Retiring in Mauritius
You are above 50 years old and you are looking for an islander lifestyle? As a retiree, you can come live in Mauritius by applying for a Residence Permit. You should make an initial transfer of 1,500 USD monthly and an annual transfer of 18,000 USD to benefit from a 10-year Residence Permit.
Get a Family Permit
Thinking to move to Mauritius with your family? In order to be eligible for a Family Permit, you should contribute 250,000 USD. You will also have the possibility to work on the island and your permit will be valid for 10 years.
Apply for a Premium Visa
The Premium Visa allows foreigners to enjoy a long-term stay in Mauritius. Tourists, retirees and professionals can bring their families along. Eligible candidates can work remotely but must not enter the Mauritian labour market. The Premium Visa is valid for 1 year and can be renewed. Get more information on the Premium Visa and the requirements.
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