Achieve a permanent stay

Hi Bianca,

Welcome to expat-blog!

For better visibility on the Mauritius forum, a new topic was created from your post. Hope this might help.

Thank you,

David.

biancaj74 wrote:

Hi,

We are currently living in Holland, we have an online business which is doing allright but we really want to live in Mauritius, i have read somewhere you need to invest 500.000 usd to be able to get a permit to stay permanently in Mauritius, are there any other ways to achieve a permanent stay?

Bianca

Hi Bianca,

First of all, by 'We', do you mean your group/company or family? Because each one has got different implications for a stay.

Indeed, investing a minimum of $500,000 in luxury residential projects like IRS (Integrated Resort Scheme), RES (Real Estate Scheme) or IHS (Invest Hotel Scheme) will grant you a permit to live in Mauritius for as long as you own the property.

There are other avenues to consider and under these schemes you will be granted an Occupation Permit for three years (renewable):

Investor: The business activity should generate a turnover exceeding MRU 4 million annually with an initial investment of USD 100,000 or its equivalent in freely convertible foreign currency. If there is more than one investor in the same company applying for an Occupation Permit, the turnover criteria should apply in respect of each applicant (i.e MRU 8 million for two applicants, MRU 12 million for three applicants, and so on)

Professional: Basic salary should exceed MRU 45,000 monthly. However, the basic salary for the category Professional in the ICT Sector should exceed MRU 30, 000 monthly.

Self-employed: Income from the business activity should exceed MRU 600,000 annually with an initial investment of USD 35,000 or its equivalent in freely convertible foreign currency.

However, a Permanent Residency Permit is more complicated and hold new conditions as listed below:

1. An investor having held an Occupation Permit for three years immediately preceding the date of
application for Permanent Residence Permit and whose company's turnover exceeded Rs 15 million
every year during each of these three years in respect of each shareholder of the company.
2. A self-employed having held an Occupation Permit for three years immediately preceding the date of
application for Permanent Residence Permit and whose income exceeded Rs 3 million every year during
each of these three years
3. A professional having held an Occupation or a Work Permit for three years immediately preceding the
date of application for Permanent Residence Permit, and who has drawn a basic monthly salary of at
least Rs 150,000 during the entire three year period.

Regards