Retired Residence Permit Form - Transfer Details Section

@rspadinger

Would also like to know; will be doing likewise in the next few months myself.

Hello @rspadinger, welcome on board !

While waiting for members to guide you, feel free to send an email to the EDB, their officers will be glad to assist : https://edbmauritius.org/contact

All the best

Bhavna

@rspadinger- my understanding of it is..

That “Proposed Amount to be Transferred” field isn’t asking for anything complicated. It’s essentially your declared financial commitment to support yourself in Mauritius.

The key point: It’s not a strict calculation or a binding figure. It’s more a statement of intent to show you can comfortably fund your retirement.

As a baseline: The current expectation is around $2,000 per month or $24,000 per year.

So you’ve got a few sensible ways to approach it

• Keep it simple… put USD 24,000 per year (meets the requirement exactly)

• Slightly stronger application… USD 30,000 to 40,000 per year (shows a bit more comfort and credibility)

• If you’re planning a larger initial transfer… you can say something like..“USD 50,000 initial transfer, then USD 24,000 annually”

A couple of things to avoid

• Don’t leave it blank or vague

• Don’t put an unrealistically high number you can’t evidence

• Don’t overcomplicate it

Most important bit:  This figure isn’t enforced like a contract later. What matters is that you actually meet the minimum transfer requirement annually once approved.

If in doubt, you won’t go wrong with

USD 24,000 per year🙌🙌🙌

@david6363

Hi, thanks. I was contemplating doing exactly what you've suggested, when I lodge my application.

All the best🙌

Great question — this field reflects the financial commitment required for the Retired Non-Citizen Residence Permit. Under the most recent official guidance, the requirement is USD 24,000 annually or USD 2,000 monthly, together with an initial transfer of USD 2,000 into a Mauritius bank account within 60 days after the permit is issued. As some older official guidance still reflects the previous USD 18,000 / USD 1,500 monthly threshold, it is important to rely on the latest EDB and Passport & Immigration criteria when preparing the application. Permit holders are also required to provide annual proof of the required transfers into the local bank account. We navigate this process regularly at **([link moderated]) — happy to answer follow-ups here.

@rspadinger

Check the PDFs on their site, specifically "Merged+OP+and+YPOP+guidelines+05.03.2026.pdf"

It says on page 19:

5.2 DEFINITION - RETIRED NON-CITIZEN

A Retired Non-Citizen is a person who is not a citizen of Mauritius and who is aged 50 years

or above.

5.3 Criteria

1. A Retired Non-Citizen should undertake a transfer of an initial sum of at least USD

2,000 into a local bank within 60 daysfrom the issuance of the residence permit; and

2. Thereafter a sum of either USD 24,000 annually or USD 2,000 per month.

@rspadinger

I have been advised that rules have recently changed!

Monthly guaranteed income, including pensions, is no longer taken into consideration.

I was going to open a bank account with Absa but that requires a transfer of USD 10,000. An alternative us BCP bank which requires a transfer of USD 2,000.Hope this helps

@lynnederry

The rules have changed to the ones above. Please check edb website.

As long as you can show that you can transfer $2000 per month -- $24000 per year -- then you should be OK.

If your foreign bank statements show you have at least that amount coming into your account every month or that you have a substantial amount in savings it should not be a problem.

The old rules were $1500 and $18000.

Best wishes.