Located in the southwest of the Indian Ocean, slightly above the tropic of Capricorn, Mauritius island has been capturing the attention of global travellers for decades due to its atypical flora and fauna blended with a peaceful co-existence of its people originating from different cultural backgrounds. Traditionally known as an island for inquisitive travellers and tourism for decades, the Government of Mauritius is opening up the island to the global community in a post pandemic context seeking to retire in a serene and modern setting.
As such, in the National Budget 2021 - 2022, the Government of Mauritius made provision to reinforce the positioning of the Silver Economy segment as a prime economic pillar, notably by setting a target to attract 50,000 non - citizens retirees in Mauritius. To achieve this ambitious target, the Government of Mauritius has put in place enticing incentives in view to attract retirees.
Thus, Mauritius offers three main cost - effective routes for non - citizens who are 50 years and above to fulfil their dreams as a retiree:
Get a 10-year Retired Residence Permit: With a monthly expenditure of only 1,500 USD or an aggregate of USD 18,000 per year in Mauritius, a non - citizen and his or her dependents is entitled to a residence permit to live in Mauritius for 10 years. This retirement residence permit is renewable.
Residency by Acquisition: Through this second route, non-citizen retirees are eligible to acquire a house, villa or apartment in a Property Development Scheme for Senior Living at no minimum price. The PDS for Senior Living caters for retired non-citizens adults aged 50+ who are looking to live independently in a peer environment, and provide facilities for recreation and socialising, including a clubhouse, health club or gym, facility management services, focused on the needs of the elderly. Retired non - citizens can also explore the numerous opportunities for the acquisition of a residential property (house, villa or a ground +2 apartment) under the conventional Property Development Scheme or Smart City Scheme for the minimum price of USD 375, 000.
Premium Visa Scheme: Through this scheme, citizens from over 110 countries can come to Mauritius as a long stay tourist, retiree or professional with his/her family to reside or work remotely from Mauritius. The Premium Visa scheme allows foreign nationals to stay in Mauritius for a period exceeding 6 months up to 1 year with an option to renew.
In addition to the above, Mauritius has a long-standing track record of attracting the international community to its shores with conventional attributes notably its global connectivity, innovative and state of the art technological infrastructure, diversified economy, dynamic business regime, political stability, and safe environment.
In the latest ranking published by Le Figaro, Mauritius was recognized as the 4th best country in the world to retire and has been acknowledged as one of the safest countries for digital nomads in 2022 by KAYAK's Work from Wherever Index. These endorsements by reputed indices bear testimony of the wide array of advantages that exist for foreigners/retirees to enjoy a relaxed work- life balance or retirement in Mauritius.
Over and above the geographical beauty, well preserved coastline and blend of cultures, Mauritius has over the years established a solid reputation to uphold the key attributes and value propositions attracting foreigners to come visit, live, play and retire in Mauritius.
