Would like to hear your kind advice
Knowing that a foreigner could apply Permanent Residence Permit by buying PDS property worth over USD500K, the owner's spouse and kids under aged 24 will be also entitled to this permit?!
Would like to know if the owner/spouse still need to obtain OP any more if they want to run self employed business like simple sport coaching after PDS residency?
Thanks a lot
Below are what I found:
Occupation Permit (OP) – a combined work and residence permit that allows foreign nationals to work and reside in Mauritius through an Initial investment of $100,000 in a business activity that should generate an annual turnover of at least MUR2 million (circa $58,000) for the first year and cumulative turnover of at least MUR10 million for the subsequent two years.
Residence Permit (RP) – a residence permit that allows foreign nationals to reside in Mauritius through the acquisition of a residential property under the Property Development Scheme (PDS) when he/she has invested more than $500,000 or its equivalent in any freely convertible foreign currency.