The Mauritius Investor Visa is a unique opportunity for foreign investors to live, work, and invest in Mauritius. Please note that, while there is no actual Mauritius Investor Visa, the Occupation Permit as an Investor is the permit that attracts foreign entrepreneurs and investors. With its stable political and economic environment, friendly business climate, and skilled workforce, Mauritius is an ideal destination for investors looking to expand their global reach. This comprehensive guide will provide you with everything you need to know about the Investor Visa, including the options, requirements and application.

 

Why invest in Mauritius?

Mauritius is a popular destination for foreign investors due to its many advantages, including:

• A stable political and economic environment
• A friendly business environment
• A skilled workforce
• A competitive tax regime
• A strategic location in the Indian Ocean

 

What is the Mauritius Investor Visa?

The Mauritius Investor Visa is a combined work and residence permit that allows foreign investors to live and work in Mauritius. It is issued by the Economic Development Board (EDB) of Mauritius and is valid for a period of ten years. You can also qualify for a 20-year Permanent Residence Permit as an investor by maintaining a continuous 3-year Investor Occupation Permit. You also need to have either an annual income of MUR 15 million for three years or an aggregate turnover of MUR 45 million over a 3-year period during your current permit.

 

Mauritius Investor Visa Requirements

There are four investment options available for the Mauritius Investor Visa, with different requirements:

Normal Investment: To qualify for the Mauritius Investor Visa through the Normal Investment option, you need to invest a minimum of $50,000 in a Mauritian business. TBI Mauritius assists in helping foreigners set up businesses in Mauritius. Contact us to find out more.

Net Asset Value: For those considering the Net Asset Value path, your net assets should total at least $50,000, and your business should have achieved a cumulative turnover of at least 12 million rupees over the three years leading up to your application.

High Technology Machines & Equipment: You will need to make a minimum investment of $50,000 in high technology machines and equipment intended for use in a qualifying activity. This option allows you to diversify your investment and contribute to specific sectors.

Innovative Start-ups: You can choose to invest in an innovative start-up that has either been approved by the Economic Development Board (EDB) or registered with an accredited incubator. This pathway encourages your engagement in research and development, promoting sectors like technology, fintech, and more.

 

Mauritius Investor Visa Application

To apply for the Mauritius Investor Visa, certain essential documents are required, both related to your business and personal details. Business documents include a business plan, business registration card, certificate of incorporation and relevant licenses. Regarding your personal documents, you will need your birth certificate, medical reports, a valid passport among others.

 

How we can help

At TBI Mauritius, we are committed to streamlining the application process for you. Our services include document verification, investment guidance, liaison with authorities, securing necessary licenses, and connecting you with reputable management companies. With our assistance, you can navigate the complexities of obtaining your visa, without the hassle of dealing with authorities and administrative processes.

 

Frequently Asked Questions

How do I get an investor visa for Mauritius?

You can get an investor visa for Mauritius by investing a minimum of $50,000 in a business in Mauritius.

How much do you need to invest in Mauritius to get citizenship?

To get a Mauritius citizenship, you need to invest at least $500,000 in Mauritius and have lived in the country for at least two years before applying. However, please note that this pathway involves hurdles. Read this page to learn more about getting Mauritius residency by investment.

How can I get permanent residency in Mauritius?

To get permanent residency in Mauritius, you will need to invest at least $375,000 in a property in an approved scheme. This type of property investment allows you to be a resident in Mauritius as long as you own the property. Read more about investing in real estate in Mauritius here.

How much to invest in Mauritius to get residency?

You will need to invest at least $375,000 in Mauritius to get residency. You can choose between 2 investment options: a property investment or a business investment. Note that the property investment is a path to permanent residence in Mauritius.

 

What TBI Business Advisors can do for you:

• We will have a Zoom/ Teams call or email exchange to understand your requirements.
• We can assist with the finding and purchasing of property, and setting up of an entity to purchase through.
• TBI will advise on the appropriate permit or visa for moving to Mauritius.
• We will send a detailed proposal with clear costs, timeframes and explanations.
• We will assemble the documents and make the application on your behalf.
• If you need assistance with setting up companies whether as an investor or just creating a business here.
• We can assist with relocation tasks such as helping with schools, accommodation, insurance, choosing locations.
• The directors can act as Commissioner for Oaths.
• We can assist with other business advice and can bring in law firms as and when required.

Please contact us via our website, via email to info@tbimauritius.com or via the form below.

While every effort is made to ensure that the information given is accurate, the information on this site does not contain legal, tax or any other professional advice. We accept no responsibility or liability due to any information or representation, whether accurate or not, relied upon in the contents. It is an information guide to provide the reader with a useful general, but basic understanding of the different considerations. You must seek local legal, tax or other professional advice before relying on the contents of this site.

If you are a parent thinking of moving to Mauritius, you might be curious about the schooling choices for your kids. Mauritius has a variety of international schools that provide a global curriculum in a multicultural setting. This guide will give you an overview of these schools to assist you in deciding on your child’s education.

Additionally, reaching out to fellow expats and foreigners who have enrolled their children in international schools in Mauritius can provide valuable feedback and insights to help you make an informed choice. TBI Mauritius assists foreigners in moving to Mauritius, including guidance regarding schooling.

Note: The schools listed below are presented in no particular order, as there is no specific ranking or preference associated with their sequence. Each of these schools offers unique educational experiences and caters to different needs, making it important to explore them individually and choose the one that aligns best with your child’s requirements and your family’s preferences.

English-Speaking Schools in Mauritius

1. Telfair International Primary School

• Location: Tamarin (West)
• Age Range: Children aged 3-11.
• Curriculum: English curriculum with a focus on core subjects like English, Math, and Science.

Telfair International Primary School in Mauritius follows the British National Curriculum, offering a well-rounded education for children aged five to eleven. The curriculum includes the Early Years Foundation Stage for three to five-year-olds at Tiny Tots Day Care Centre.

2. Le Bocage International School

• Location: Moka (Centre)
• Age Range: Children aged 11-18
• Curriculum: Offers International Baccalaureate (IB) middle years, IGCSEs, IB Diploma, IB career-related program, and specialised education plans.

Le Bocage International School offers the International Baccalaureate (IB) Programme for Middle Years, Diploma Years, and a Careers-Related Programme (BTEC). LBIS is accredited by the Council of International Schools (CIS) and the Mauritian Ministry of Education. It operates under PROGOS, a non-profit focused on English medium international education. The school prioritises English and French as first languages while also teaching Spanish to Forms 1-3 students.

3. International Preparatory School (IPS)

• Location: Labourdonnais (North)
• Age Range: Children aged 3-11.
• Curriculum: Fosters diversity and prepares students for Northfields International High School or La Bocage School.

IPS, an IB World School, provides English-medium education through the Primary Years Programme for children aged 3-11. It blends the UK National Curriculum with international inquiry-based methods. With accreditation from the Council of International Schools, IPS continually upholds rigorous educational standards. Notably, in August 2022, IPS joined forces with Northfields International School, expanding their commitment to quality education.

4. Northfields International School

• Location: Mapou (North)
• Age Range: From 18 months to 18 years.
• Curriculum: Follows the National Curriculum of England and Wales, offering IB Middle Years, IGCSEs, and the International Baccalaureate.

Northfields International School emphasises holistic student development, nurturing leadership skills and excellence through rigorous academics and diverse extracurricular activities. From Montessori for the youngest to Cambridge and International Baccalaureate for high school students, Northfields offers renowned programs.

Their Nursery and Primary curriculum build strong foundations, with Montessori methods for early education. Bilingualism (English and French) is fostered. Lower Primary (Ages 6-9) combines literacy, math, and holistic development. Upper Primary (Ages 10-11) focuses on math, science, English, French, and humanities, including history and geography.

5. West Coast International School

• Location: Flic en Flac (West)
• Age Range: Secondary school levels.
• Curriculum: Offers the International Middle Years Curriculum (IMYC), IGCSEs, and the International Baccalaureate Diploma Programme.

Westcoast International Secondary School (WISS) offers a challenging, internationally focused curriculum. Students in Forms 1 to 3 study the Cambridge Lower Secondary curriculum, which encourages independent thinking. In Forms 4 and 5, they prepare for the IGCSE exams. WISS is also an International Baccalaureate World School, offering the IB Diploma Programme to Form 6 students.

6. Dukesbridge

• Locations: Campuses across Mauritius, including Trianon, Port Louis, Curepipe, Moka, Vacoas, Helvetia, Pamplemousses, Telfair, and Quatre Bornes.
• Age Groups: 6 months to 11 years.
• Curriculum: Dukesbridge incorporates an international style into its curriculum, allowing students to progress seamlessly with English as the primary language. French is a core subject, and Spanish or Mandarin are introduced as non-core foreign languages at the primary school level.

Dukesbridge Group, the largest chain of private schools in Mauritius, offers early education for children from as young as 6 months old, ensuring a strong foundation for all students. Students typically transition to Dukesbridge Primary School at the age of 6, following a comprehensive curriculum. Dukesbridge employs an Australian pedagogical approach and has multiple campuses across Mauritius- Trianon (ages 5-11), Port Louis (ages 6 months to 5 years), Curepipe (ages 3 months to 5 years), Moka (ages 6 months to 5 years), Vacoas (ages 6 months to 5 years), Helvetia (ages 3 years to 5 years), Pamplemousses (ages 3 months to 5 years), Telfair (ages 3 months to 3 years), and Quatre Bornes (ages 3 months to 5 years).

7. Light House International School

• Location: Calebasses (North)
• Age Range: From ages 4 to 18.
• Curriculum: This English-medium co-educational school follows both the Cambridge and Edexcel exam boards, offering IGCSEs and A-Levels.
• Subjects: Subjects include English, Math, Science, Environmental Management, History, Geography, Religious Studies, and more.

Lighthouse Primary and Secondary School is a Christian institution focused on educating students to find their purpose and excel academically. It is a member of the International Primary Curriculum and the Association of Christian Schools International. Additionally, it’s recognised as an approved center for Pearson-Edexcel (UK) and the College Board (USA) exams. Lighthouse Primary School offers Reception Classes for four-year-olds, emphasising English and French language development, along with special education support. For Grades 1 to 13, the school provides a diverse curriculum tailored to each age group’s needs.

French-speaking Schools in Mauritius

1. Ecole Paul et Virginie

• Location: Tamarin (South West)
• Age Range: Children aged 18 months to 11 years.

École Paul et Virginie welcomes children from kindergarten to CM2, offering a French Curriculum for both pre-primary and elementary school levels. The majority of their students are fluent in French, but they are increasingly welcoming allophone students, primarily English speakers, into the school community. This diverse mix often brings advantages for all students.

2. Lycée de Mascareignes

• Location: Moka (Centre)
• Age Range: Ages 15-18.

Lycée des Mascareignes is a private secondary school in Mauritius with a French curriculum. LDM also features a European Section promoting near-bilingualism, along with language programs in English, Spanish, German, and Mandarin, offering certification opportunities. Students can obtain certifications in various modern languages, such as English, Spanish and German. Also worth mentioning is that Lycée des Mascareignes is accredited by the Agency for French Education Abroad (AEFE).

3. Ecole du Centre

• Location: Moka (Centre)
• Age Range: Children aged 3-15.

École du Centre is a private institution in Mauritius offering a French curriculum. The school follows the regulations of the French Ministry of National Education and is accredited by the Agency for French Education Abroad (AEFE) for educational excellence. From primary school onwards, a well-rounded education is offered, including sports, visual arts, music, and art history. English instruction begins early, and the school celebrates Mauritian history and culture.

4. Lycée La Bourdonnais

• Location: Curepipe.
• Age Range: Children aged 3-18.

Lycée La Bourdonnais provides a bilingual education, beginning in the nursery school for 4 to 5-year-olds. The primary school caters to children from CP to CM2 and maintains a strong partnership with the British Council to offer high-quality French–English bilingual education, ranging from B2 to C1 or even C2 proficiency levels.

In secondary education, the school expands its multilingual curriculum, offering languages such as English, Spanish, German, Mandarin, and Russian. Additionally, students have the opportunity to choose from a variety of foreign languages, including Spanish, German, Mandarin, and Russian.

5. Ecole du Nord

• Location: Mapou (North)
• Age Range: Children aged 3-15.

Ecole du Nord offers a multicultural and multilingual education, starting with English from kindergarten and adding Spanish, German, and Latin from 5th grade onward. There is also an international section for students aged 6 and up. Their French International Baccalaureate is recognised by top Anglo-Saxon universities. Beyond academics, the school emphasises physical education and sports, promoting balance and values. It is a non-profit association linked with the Agency for French Education Abroad (AEFE).

6. Le Petit Poucet

• Location: Mapou (North)
• Age Range: Children aged 18 months to 5 years.

Le Petit Poucet welcomes children aged 18 months to 5 years, offering a safe environment for their development. With a diverse team, they introduce children to French and English, focusing on essential skills like reading, writing, and arithmetic to prepare them for elementary education.

7. St. Exupéry

• Location: Grand Bay (North)
• Age Range: Children aged 3-11.

Saint Exupery International School follows a flexible, learner-centered approach, tailoring education to each child’s unique needs and interests. This approach combines the French National Education syllabus with elements of the English curriculum, ensuring a smooth transition to both English and French secondary schools.

8. Martin’Ecol’ette

• Location: Grand Bay (North)
• Age Range: Children aged 1 year to 5 years.

Apart from Mauritian students representing diverse communities, Martin’Ecol’ette Nursery has proudly hosted children from a multitude of countries spanning Africa, Belgium, the U.K., France, Germany, Sweden, Norway, Australia, Madagascar, and Reunion. This bilingual institution is specially designed to accommodate English and French-speaking students from the very beginning, offering a comprehensive bilingual education program.

Whether you are seeking an English or French-speaking education for your child, Mauritius offers a wide array of options, each with its unique features and cultural diversity. When selecting a school, consider your child’s age, preferred curriculum, and location to ensure they receive the best possible education experience in this picturesque island nation. Feel free to reach out to us for any further information or assistance.

 

What TBI Business Advisors can do for you:

• We will have a Zoom/ Teams call or email exchange to understand your requirements.
• We can assist with the finding and purchasing of property, and setting up of an entity to purchase through.
• TBI will advise on the appropriate permit or visa for moving to Mauritius.
• We will send a detailed proposal with clear costs, timeframes and explanations.
• We will assemble the documents and make the application on your behalf.
• If you need assistance with setting up companies whether as an investor or just creating a business here.
• We can assist with relocation tasks such as helping with schools, accommodation, insurance, choosing locations.
• The directors can act as Commissioner for Oaths.
• We can assist with other business advice and can bring in law firms as and when required.

Please contact us via our website, via email to info@tbimauritius.com or via the form below.

While every effort is made to ensure that the information given is accurate, the information on this site does not contain legal, tax or any other professional advice. We accept no responsibility or liability due to any information or representation, whether accurate or not, relied upon in the contents. It is an information guide to provide the reader with a useful general, but basic understanding of the different considerations. You must seek local legal, tax or other professional advice before relying on the contents of this site.

Obtaining a Mauritius work permit has become increasingly pertinent in recent times. With a notable increase in companies actively scouting talent from various corners of the globe, the processes of obtaining a Mauritius Work Permit and a Mauritius Occupation Permit as a professional, have never been more relevant. One notable development in the application process is the use of the EDB platform, which has simplified the process.

It’s important to note that the application process for work permits in Mauritius has evolved over the years, and there are now options for third-party assistance. At TBI Mauritius, we specialise in providing support for Mauritius work permit applications.  Significant changes have occurred in this process in recent years. For a better understanding of the current rules and procedures related to a Mauritius Work Permit, contact us.

 

What is a Mauritius Work Permit?

A Mauritius Work Permit is an official authorisation issued by the government, granting foreign nationals the legal right to work and reside in Mauritius for a specified duration. These employees need to have relevant experience and qualifications tied to their job roles. If an employee is paid over MUR 30,000 and has necessary academic qualifications, then a better option would be the Occupation Permit Mauritius, subject to different criteria.

Permission in Principle

If a company wants to bring in foreign workers in bulk, they first need “permission in principle” before applying for a Mauritius Work Permit.

 

Eligibility for a Mauritius Work Permit

How do i get a work permit in Mauritius?

The Mauritius work permit requirements for a foreign worker are as follows:

• Have the right skills and experience for the job.
• Be between 20 and 60 years old, with exceptions for specialised skills and investors.
• Tourists cannot work in Mauritius.
• Health clearance is a must for new applicants. This also applies to expatriates married to Mauritian nationals or deputed by foreign companies.

 

Mauritius Work Permit Requirements

WHat documents are required for a work permit in Mauritius?

The Mauritius Work Permit requirements include the following company documents for an individual worker:

• Copies of press advertisement and outcome of selection exercise. Advertisements in newspapers should be of at least A6 size.

• A copy of the Lodging and Accommodation Permit  in Mauritius/Place of Accommodation Letter.
• Latest CSG Receipt with list of local workers registered with NPF.
• Particulars of Recruiting Agent, Local and Overseas, where applicable
• Turnover figures of the company for the last 3 years
• Authorisation letter from employer/sponsor
• Certificate of Incorporation/Business Registration Card
• NIC / Passport number of registered user
• Additional documents for specific professions

The Mauritius Work Permit requirements include the following personal documents for an individual worker:

• Passport sized photograph

• Copy of relevant parts of passport showing name, date of birth, place and date of issue of passport, photo, passport number and movement of the foreign employee (data page).The Passport should be valid for at least six months.

• Where applicable, certified copy of academic and professional qualifications and details of work experience should be submitted in either French or English

• Job profile (where applicable) of each employee
• A provisional health clearance obtainable from the Ministry of Health & Quality of Life

• Documentary evidence from the employer certifying that the expatriate will earn a monthly salary of more than Rs 50,000 or a copy of Contract of Employment duly vetted by the Labour Division of the Ministry of Labour, Human Resource Development and Training in respect of expatriates earning Rs 50,000 or less per month

• For professionals having dependents: in case of spouse, the marriage certificate should be submitted and for children less than 18 years old, the birth certificate must be submitted (for Residence Permit Application).

• Additional documents for specific professions

 

Additional documents for specific sectors

• Tourism (Tour Operator), Hotels and Restaurants: Copy of valid Tourist Enterprise License delivered by the Tourism Authority and Latest receipt showing contributions to the Tourism Employees Welfare Fund.

For Restaurant:

–  Testimonials/Documentary evidence of experience/expertise for at least 3 years in respective field

–  Vocational qualifications in respective filed

• Construction Sector/ICT/Engineering (for project basis): Covering Letter specifying the project on which the expatriate would be employed, Copy of Letter of award specifying completion date and value of project

 

Authorised Recruiting Agent

Additional Documents in respect of Bangladeshi workers

The recruitment of Bangladesh workers should be done through licensed recruitment agencies authorised by the Bangladeshi.

Additional documents in respect of Chinese Workers

Following an agreement signed between the People’s Republic of China and the Government of Mauritius, the recruitment of Chinese workers should be done through recruitment agencies authorised by the Chinese authorities.

 

Mauritius Work Permit Processing Time

How long does it take to process a work permit in Mauritius?

Generally, the Mauritius work permit processing time can take a few months with the lodging and accommodation permit proving to be particularly lengthy.  It can vary depending on several factors, including obtaining “permission in principle” and fulfilling various eligibility criteria. Additionally, the involvement of different government departments and the verification of documents can contribute to variations in processing times.

 

Additional Information

Requirements for Overseas Companies

If an overseas company wants to get Mauritius work permits for its employees, it must be incorporated as a foreign company under Mauritian Company Laws or open a Mauritian branch of its existing company.

Work and Residence Permits

Before coming to Mauritius, foreign workers need both a Mauritius Work Permit and a Residence Permit Mauritius. Employers should apply for both permits at the same time.

Renewing Your Work Permit

When renewing Mauritius Work Permits, employers need to inform about any changes in the employment contract. Some positions may require training a local counterpart.

Work Permit Details and Ratios

Mauritius Work Permits have a specific duration and cannot be transferred. The ratio of local to expatriate workers varies by sector.

 

Starting Your Work Permit Journey

Navigating the process of getting a Mauritius work permit involves understanding the law, meeting eligibility criteria, and submitting the right documents. TBI Mauritius is here to guide you through this journey. Rules can change, so it is a good idea to consult professionals before beginning the process of getting a Mauritius work permit.

 

What TBI Business Advisors can do for you:

• We will have a Zoom/ Teams call or email exchange to understand your requirements.

• We can assist with the finding and purchasing of property, and setting up of an entity to purchase through.

• TBI will advise on the appropriate permit or visa for coming to Mauritius.

• We will send a detailed proposal with clear costs, timeframes and explanations.
• We will assemble the documents and make the application on your behalf.

• If you need assistance with setting up companies whether as an investor or just creating a business here.

• We can assist with relocation tasks such as helping with schools, accommodation, insurance, choosing locations.

• The directors can act as Commissioner for Oaths.
• We can assist with other business advice and can bring in law firms as and when required.

Please contact us via our website, via email to info@tbimauritius.com or via the form below.

While every effort is made to ensure that the information given is accurate, the information on this site does not contain legal, tax or any other professional advice. We accept no responsibility or liability due to any information or representation, whether accurate or not, relied upon in the contents. It is an information guide to provide the reader with a useful general, but basic understanding of the different considerations. You must seek local legal, tax or other professional advice before relying on the contents of this site.

 

The Permanent Residence Permit is a 20-year permit allowing foreigners to live in Mauritius with their family, subject to satisfying the necessary criteria. An Occupation Permit holder applying for a Permanent Residence Permit will then have the right to work in Mauritius for 20 years. With over 13 years of experience, TBI Mauritius is an expert immigration consultant and relocation advisor in Mauritius. We have helped countless of foreigners move to Mauritius and settle here, who are now having the best days of their life.

mauritius permanent residence For Foreign Investors

To qualify for a Permanent Residence Permit in Mauritius, an investor’s company must have achieved a minimum gross annual income of at least MUR 15 million for the three years preceding the application. Alternatively, you can also qualify for permanent residence if you generate an aggregate turnover of MUR 45 million for any consecutive period of 3 years during the current permit. For the investor, it is necessary to have possessed an occupation permit for the three years before making the application, to qualify for the permit.

mauritius permanent residence For Foreign Professionals

If professionals have been given an occupation permit and have received a monthly salary of at least MUR 150,000 for three years before applying, they may be qualified for the Permanent Residence Permit. This category recognises the contribution of skilled professionals to Mauritius’ economy, providing them the opportunity to live in Mauritius by working here.

mauritius permanent residence Self-Employed Foreigners

To qualify for permanent residence in Mauritius, the self-employed should hold an occupation permit and generating an annual business income of at least MUR 3 million for three consecutive years before the application.

mauritius permanent residence For Retired Foreigners

Retired foreigners who have held a retired permit for 3 years are qualified for permanent residence in Mauritius. The permanent residence requirements are that they should have transferred at least USD 54,000 during the three years preceding the application. Check out this page to learn more about retiring in Mauritius.

 

Mauritius Permanent Residence BY investment

Foreigners can obtain Mauritius Permanent Residence by buying a property in Mauritius of at least USD 375,000 in approved schemes. This will then grant the foreigner and their family permanent residence in Mauritius as long as they own the property.

Furthermore, foreigners who make a minimum investment of USD 375,000 in activities related to various sectors such as agriculture, audio-visual, banking, education, green energy, tourism, and more can also benefit from the permanent residency program. This will grant you a 20-year residence permit.

 

Existing Permit Holders

Existing Permit holders who meet the criteria for Permanent Residence can apply for the 20-year Permanent Residence Permit, extending their residency from the existing 10-year Permanent Residence Permit.

 

Frequently Asked Questions

How can I get permanent residency in Mauritius?

Buying a property can get you permanent residency in Mauritius as long as you own the property. You can also get a permanent residence permit of 20 years after being on an existing permit, subject to other criteria. Lastly, investing at least USD 375, 000 in specific business activities can get you permanent residency in Mauritius.

What qualifies as a permanent residence?

A permanent resident in Mauritius refers to a non-citizen who has been granted a Permanent Residence Permit of 20 years. Permanent residence in Mauritius allows a foreigner to live and/or work in the country, subject to satisfying some criteria. Additionally, another form of permanent residence is available to foreigners who buy property within approved schemes, granting them the right to live in Mauritius as long as they own the property.

What are the benefits of PR in Mauritius?

Permanent Residence (PR) in Mauritius offers numerous advantages, including long-term stay rights for 20 years, the ability to work and engage in business, access to healthcare and education facilities, and enjoying a favorable tax regime.

Can I live permanently in Mauritius?

You can live permanently in Mauritius by qualifying for a 20-year Permanent Residence Permit after three years under an occupation permit. Retirees can get permanent residence by meeting the requirement of holding a retirement permit and transferring at least USD 54,000 within the preceding three years.

 

What TBI Business Advisors can do for you:

• We will have a Zoom/ Teams call or email exchange to understand your requirements.
• We can assist with the finding and purchasing of property, and setting up of an entity to purchase through.
• TBI will advise on the appropriate permit or visa for coming to Mauritius.
• We will send a detailed proposal with clear costs, timeframes and explanations.
• We will assemble the documents and make the application on your behalf.
• If you need assistance with setting up companies whether as an investor or just creating a business here.
• We can assist with relocation tasks such as helping with schools, accommodation, insurance, choosing locations.
• The directors can act as Commissioner for Oaths.
• We can assist with other business advice and can bring in law firms as and when required.

Please contact us via our website, via email to info@tbimauritius.com or via the form below.

While every effort is made to ensure that the information given is accurate, the information on this site does not contain legal, tax or any other professional advice. We accept no responsibility or liability due to any information or representation, whether accurate or not, relied upon in the contents. It is an information guide to provide the reader with a useful general, but basic understanding of the different considerations. You must seek local legal, tax or other professional advice before relying on the contents of this site.

Moving to Mauritius from South Africa brings its own set of considerations. Despite recent challenges with electricity, safety, and stability, it is hard to replace the love you have for your home country. But facing reality, things are likely to get worse, and moving to Mauritius offers relief from many of those stresses.

In Mauritius, you can walk to an ATM at night without worrying about safety. Your kids can go to school without concerns. Banking is secure, and power cuts will not disrupt your daily life. In simple terms, Mauritius offers a much better quality of life. Sure, moving to Mauritius has its challenges. The cost of living, including food and wine, may be higher. The size of the property you can afford might be different, and job opportunities may require adjustment. To know more about the cost of living in Mauritius, read here.

The best way to know if Mauritius is right for you is to experience it first-hand. Consider an extended holiday, rent a villa, and immerse yourself in the local lifestyle. You will appreciate the absence of power cuts, the tropical weather, and the beautiful beaches. Take your time to see if Mauritius meets your personal and professional needs. The Premium Visa has been a popular option for many South Africans wanting to test the waters before making a long-term decision.

 

Immigrating to Mauritius from South Africa

Before you begin immigrating to Mauritius from South Africa, it is important to familiarise yourself with the Mauritius immigration requirements and procedures. Here are the key aspects you need to consider when moving to Mauritius from South Africa:

Occupation Permit

If you are planning to immigrate to Mauritius to work here, you will need to apply for an Occupation Permit. This permit is available for professionals, investors, and self-employed individuals. The specific requirements vary for each category but generally include:

• Providing proof of a valid job offer or investment opportunity in Mauritius.
• Demonstrating relevant qualifications and experience in your field.
• Complying with health and security checks.
• Showing financial capacity to support yourself and any dependents.

Residence Permit

If you want immigrate to Mauritius and live here, you will need to obtain a Residence Permit. As a South African, there are a few ways to obtain a Residence Permit in Mauritius:

1. Through an Occupation Permit: If you hold an Occupation Permit, you will be automatically allowed to live in Mauritius while working on the island.

2. Residency by Investment in Mauritius: South Africans can obtain residency in Mauritius by making a minimum investment of USD 375,000 in specific schemes approved by the Economic Development Board (EDB). These schemes include the Property Development Scheme (PDS) or a Smart City. This option also allows you to work in Mauritius.

3. Mauritius Retirement Permit for South Africans: If you are 50 or older and do not plan on working in Mauritius, you can apply for a Retirement Permit. You can still work for companies outside of Mauritius. Just make sure that you can transfer an average of USD 1,500 per month during your stay. To learn more about retiring in Mauritius as a foreigner, read here.

4. Mauritius Permanent Residence for South Africans: The Mauritius Permanent Residence Permit lets foreigners live in Mauritius with their family for 20 years if they meet the requirements. For more information on the different criteria, visit this page.

Mauritius Citizenship by Investment

Mauritius offers a Citizenship by Investment program, which allows eligible individuals to acquire Mauritian citizenship through investment. To qualify for Mauritius citizenship by investment as a South African, you must meet the following requirements:

• You need to have invested a minimum of USD 500,000 in Mauritius.
• You must have lived continuously in Mauritius for at least two years before applying for citizenship.

It is important to note that while this immigration regulation exists, obtaining Mauritian citizenship is not an automatic entitlement. There are numerous challenges and requirements that must be handled successfully and we recommend the Permanent Residency as an objective to aim for.

Frequently Asked Questions

Can South Africans buy property in Mauritius?

Yes, South Africans can buy and own property in Mauritius. Buying property in Mauritius as a South African is similar to buying property in Mauritius as other foreigners. Click here to learn more about buying property in Mauritius as foreigners. The government has implemented various schemes to encourage foreign investment in the real estate sector. However, it is essential to consult with a reputable real estate agent and make sure to follow all the legal rules.

Can South Africans retire in Mauritius?

Yes, South Africans can retire in Mauritius. To be eligible for retiring to Mauritius from South Africa, applicants must be at least 50 years old and provide a bank statement showing a minimum of US$1500 monthly or US$18,000. This offers a 10-year Residence Permit, with an option to apply for a 20-year Permanent Residence Permit after three consecutive years of residency.

Is it cheaper to live in Mauritius or South Africa?

Although living costs, like food, cars, and electricity, can be expensive, a simple lifestyle can still offer a good quality of life. The country provides free healthcare and education, though few expats use these services. While living costs are relatively lower compared to Europe, it may not be the cheapest option for expats seeking a high-quality lifestyle. Expenses for relocating, including buying a car, health insurance, household insurance, and others, need to be considered.

For a 4-person family (2 children) living in a 3-bedroom villa in a pleasant complex in Grand Baie, North of Mauritius, and attending private international schools, a monthly budget of MUR 100,000 to 200,000 would provide a good but not extravagant life.

Can I bring my family with me when moving to Mauritius from South Africa?

Absolutely. You can bring your family with you when relocating to Mauritius. Spouses, dependent children, and parents can apply for Residence Permits as dependents. The criteria for eligibility and the documents required can differ, so it is essential to carefully examine the guidelines provided by the authorities in Mauritius.

Where is the best place for South Africans to live in Mauritius?

Deciding where to live in Mauritius depends on your lifestyle, budget, and personal preferences. The North of Mauritius is more developed, with a vibrant nightlife and modern amenities, while the West of Mauritius is quieter and more focused on outdoor activities and nature. Both regions have their own unique charm, and it is worth exploring them both to decide which one is right for you. Read more here.

Are there any restrictions on foreign property ownership in Mauritius?

There are restrictions on property ownership for foreigners in Mauritius. These restrictions include buying land next to the ocean, the minimum amount of money required for property investment and limitations on purchasing agricultural land. Consulting with legal professionals and real estate agents can help you navigate the process smoothly.

Does Mauritius offer dual citizenship?

Yes, Mauritius allows dual citizenship, meaning you can retain your South African citizenship while obtaining Mauritian citizenship. It is important to review the regulations and requirements of both countries to follow the laws of both countries regarding dual citizenship.

 

Moving to Mauritius from South africa with TBI Mauritius

Moving to Mauritius from South Africa is a very personal choice, and it is crucial to think about all aspects of your life and future before starting such an important journey. We, at TBI, have supported a lot of foreigners in moving to Mauritius from South Africa. We can help transition your business, assist in setting up a company in Mauritius as well as create a bespoke immigration strategy that works for you and your family.

 

What TBI Business Advisors can do for you:

• We will have a Zoom/ Teams call or email exchange to understand your requirements.
• TBI will advise on the appropriate permit or visa for coming to Mauritius.
• We will send a detailed proposal with clear costs, timeframes and explanations.
• We will assemble the documents and make the application on your behalf.
• We can assist with relocation tasks such as helping with schools, accommodation, insurance, choosing locations.
• We can assist with the finding and purchasing of property, and setting up of an entity to purchase through.
• If you need assistance with setting up companies whether as an investor or just creating a business here.
• The directors can act as Commissioner for Oaths.
• We can assist with other business advice and can bring in law firms as and when required.

Please contact us via our website, via email to info@tbimauritius.com or via the form below.

While every effort is made to ensure that the information given is accurate, the information on this site does not contain legal, tax or any other professional advice. We accept no responsibility or liability due to any information or representation, whether accurate or not, relied upon in the contents. It is an information guide to provide the reader with a useful general, but basic understanding of the different considerations. You must seek local legal, tax or other professional advice before relying on the contents of this site.

The latest Budget Measures were announced last week and there have been lots of positive changes, many of which are beneficial for foreigners living in Mauritius. Please note the following points before you pop open the champagne.

Although some of the rules such as with the new tax system can come straight into operation on 1^st July without many obstacles, it can be more complex with many of the other rules. Once the measures are announced, they don’t become law until they are debated, voted and promulgated. That is normally enough, but even then, some items do not quite properly come into force like the new rules about buying property outside the scheme from 2022.  We suggest you to be patient before making any bold moves.

 

Rules for Personal Tax for Foreigners in Mauritius

From July 1st, 2023, the Solidarity Levy will be abolished and a progressive Income Tax system will be introduced. The individual’s annual chargeable income will be subject to the following tax rates.

Income Range (Rs)	Tax Rate (%)
0 – 390,000	0%
390,001 – 430,000	2%
430,001 – 470,000	4%
470,001 – 530,000	6%
530,001 – 590,000	8%
590,001 – 890,000	10%
890,001 – 1,190,000	12%
1,190,001 – 1,490,000	14%
1,490,001 – 1,890,000	16%
1,890,001 – 2,390,000	18%
Above 2,390,000	20%

 

Latest Rules for Foreigners Buying Property in Mauritius

If you’re interested in buying property in Mauritius as a foreigner, here are some important updates:

Property for Sale to Foreigners in Mauritius outside current schemes

Resident non-citizens can now apply to purchase a residential property with a minimum value of USD 500,000 (previously USD 350,000) outside the existing schemes. However, they will need to pay an additional registration duty of 10%. The main holder of a resident permit is allowed to acquire only one property outside of current schemes, and this allowance doesn’t extend to their spouse or children.

Property for Sale to Retired Non-Citizens in Mauritius

Retired non-citizens and their families can obtain a residence permit upon purchasing a property in a PDS project focused on senior living. To be eligible, the acquisition price must exceed USD 200,000, and the non-citizen must be above 50 years old. The resident status will remain valid as long as the property is owned by the buyer.

Property for Sale to Foreigners under the Sustainable City Scheme

The Non-Citizens (Property Restriction) Act will be amended to allow non-citizens to acquire residential property in a sustainable city in the same manner as an acquisition under the Smart City Scheme. The Immigration Act will be amended to grant a residence permit to a non-citizen and their family upon the acquisition of a property with a minimum price of USD 375,000 under the Sustainable City Scheme. The resident status will remain valid as long as the buyer holds the property.

Processing costs for Buying Property as Foreigners in Mauritius

To cover processing expenses, a new fee of Rs 25,000 per application will be introduced for non-citizens acquiring “Ground plus two apartments” and for residence permit applications under the residential schemes.

 

Rules for Occupation Permits in Mauritius

Some changes have been made to the Occupation Permit rules:

• The salary threshold for obtaining an Occupation Permit as a professional will be reduced to Rs 30,000.
• The Young Professional Occupation Permit (YPOP) will be available for individuals from all fields of study.

Rule for Residence Permit in Mauritius

• Retired non-citizens will have the option to provide a bank statement and a written undertaking to open a bank account within 2 months, instead of having to open a bank account at the initial stage.

 

Rules for Work Permit in Mauritius

The following updates relate to obtaining a work permit in Mauritius:

• A “silent is consent” principle of 4 weeks will be applied for Work Permit applications.
• Non-citizens holding a tourist or business visa will now be eligible to apply for a work permit.
• The maximum duration of stay of 4 years has been eliminated for carers on a Work Permit. They will now be permitted to work as long as their services are needed.

 

Mauritius Visa Rules for Foreigners

Some changes to Mauritius visa rules have also been introduced:

• Occupation Permit applicants will be granted a Business Visa of 120 days without needing to leave Mauritius.
• An International Expert Training Visa, valid for 18 months, will be introduced.
• Medical patients, retirees, and up to 2 accompanying caretakers will be eligible for a Premium Visa.

 

Other Tax Measures for Foreigners in Mauritius

Tax Exemptions for Foreigners in Mauritius

There are some great tax exemptions for foreigners too. For instance, the exemption for interest earned by Collective Investment Schemes or Closed End Funds established in Mauritius will be increased from 80% to 95%. This means a larger portion of your interest income will be exempted from taxation. Moreover, the exemption for interest income from Green Bonds used for renewable energy projects will be extended to cover all other sustainable projects.

Investment Tax Credit for Foreigners in Mauritius

If you’re an investor or a manufacturing company, you’ll be happy to know that there’s an investment tax credit available. Manufacturing companies can enjoy a yearly tax credit of 15% for three years on expenses related to new plant and machinery, excluding motor cars. This opportunity is valid until the financial year 2025/2026. Additionally, companies producing both alcoholic and non-alcoholic beverages can claim an investment tax credit for the costs of purchasing new plant and machinery used in the production of non-alcoholic drinks.

Protected Cell Company (PCC) and Variable Capital Company (VCC)

The MRA will not use assets from other cells or non-cellular assets of a PCC to recover taxes owed by a specific cell. Similarly, each sub-fund or special purpose vehicle of a VCC will be treated as an independent entity for tax recovery purposes.

Mauritius VAT Rules for Foreigners

There are some changes in VAT rules too. The VAT exemption, which previously applied only to the construction of purpose-built buildings for tertiary education, will now extend to constructions for primary and secondary education. Additionally, instruments and appliances used in medical, surgical, dental, or veterinary sciences (HS Code 90.18) will be zero-rated for VAT purposes instead of being VAT exempt. The special levy imposed on banks will be standardized at 5.5% for all banks, regardless of their operating income.

Extension of the Tax Arrears Settlement Scheme (TASS)

Good news! The Tax Arrears Settlement Scheme (TASS) has been extended. Under this scheme, taxpayers can have all penalties and interests waived for their outstanding tax arrears under the Income Tax Act, Value Added Tax Act, and Gambling Regulatory Authority Act. To benefit from TASS, you need to register by December 31, 2023, and pay your taxes in full by March 31, 2024. TASS is also applicable to assessments that are currently pending before the Assessment Review Committee, Supreme Court, or Judicial Committee of the Privy Council.

 

What TBI Business Advisors can do for you:

• We will have a Zoom/ Teams call or email exchange to understand your requirements.
• We can assist with the finding and purchasing of property, and setting up of an entity to purchase through.
• TBI will advise on the appropriate permit or visa for coming to Mauritius.
• We will send a detailed proposal with clear costs, timeframes and explanations.
• We will assemble the documents and make the application on your behalf.
• If you need assistance with setting up companies whether as an investor or just creating a business here.
• We can assist with relocation tasks such as helping with schools, accommodation, insurance, choosing locations.
• The directors can act as Commissioner for Oaths.
• We can assist with other business advice and can bring in law firms as and when required.

Please contact us via our website, via email to info@tbimauritius.com or via the form below.

While every effort is made to ensure that the information given is accurate, the information on this site does not contain legal, tax or any other professional advice. We accept no responsibility or liability due to any information or representation, whether accurate or not, relied upon in the contents. It is an information guide to provide the reader with a useful general, but basic understanding of the different considerations. You must seek local legal, tax or other professional advice before relying on the contents of this site.

Mauritius, an island nation located in the Indian Ocean, is a popular destination for tourists and expatriates alike. With its stunning beaches, lush greenery and friendly people, it’s no wonder that many foreigners choose to settle down in Mauritius. Moving to Mauritius requires a lot of research and preparation, which is thoroughly explained on this page. However, one of the major challenges that foreigners face when buying a home in Mauritius is obtaining a home loan. In this article, we will provide useful information on obtaining a home loan as a foreigner in Mauritius, including the requirements, process and benefits.

 

Requirements for obtaining a home loan in Mauritius

Foreigners who wish to obtain a home loan in Mauritius must meet certain requirements, which may include the following:

1. Valid passport: Prospective borrowers must have a valid passport issued by their country of origin.
2. Proof of income: Applicants must provide proof of their income, which may include salary slips, bank statements, and tax returns.
3. Good credit history: Prospective borrowers must have a good credit history and a positive credit score.
4. Proof of property ownership: The borrower must provide proof of ownership of the property they wish to purchase.
5. Adequate deposit: The borrower must have an adequate deposit, typically up to 30% of the property value

It is also important to note that foreigners do not need a residence permit to obtain a home loan in Mauritius. However, you may be able to get a residence permit if you invest at least $375, 000 in a property under approved schemes in Mauritius. For more information on latest rules and requirements for buying a house for sale in Mauritius, check out this article.

 

Process for obtaining a home loan in Mauritius

The process for obtaining a home loan in Mauritius typically involves the following steps:

1. Research and comparison: Prospective borrowers should research and compare the home loan options offered by various banks in Mauritius to find the best rates and terms.
2. Application: Once a suitable lender has been identified, the borrower can submit a loan application along with the required documents.
3. Approval: The bank will review the loan application and may request additional information or documentation. If the borrower meets the lender’s criteria, the loan will be approved.
4. Valuation: The lender will conduct a valuation of the property to determine its value and the loan-to-value (LTV) ratio.
5. Disbursement: If the valuation is satisfactory, the lender will disburse the loan amount to the borrower.

 

Benefits of obtaining a home loan in Mauritius as a foreigner

1. Competitive interest rates: Although interest rates have risen dramatically over the last few years, they are still viable for investors.
2. Investment opportunities: Mauritius is known for its robust real estate market, offering excellent investment opportunities for foreigners seeking to invest in property.
3. Tax benefits: Foreigners who purchase a property in Mauritius may be eligible for tax benefits, such as reduced rates of property tax and stamp duty.
4. No residency requirements: Foreigners do not need to be residents of Mauritius to obtain a home loan, making it easier for non-residents to invest in property on the island.

 

IMPORTANT NOTE ABOUT INTEREST RATE AND LTV

The interest rates for home loans in Mauritius vary depending on the bank and other factors such as the loan amount, repayment period, and the creditworthiness of the borrower. As of February 2023, the interest rates for home loans in Mauritius range from around 6% to 6.5% per annum.

It is important to note that these rates are subject to change and may differ based on the lender’s policies and market conditions at the time of application.

Regarding the loan-to-value (LTV) ratio, this refers to the maximum percentage of the property value that the bank is willing to lend to the borrower. In Mauritius, the LTV ratio for home loans is typically up to 70% of property value.

It is important to note that the LTV ratio may also depend on other factors such as the borrower’s creditworthiness and the purpose of the loan.

Therefore, it is advisable to consult with a qualified financial advisor or a property agent to better understand the loan terms and conditions before applying for a home loan in Mauritius. This is where TBI Business Advisors can assist you. With more than 10 years of experience in the local market, TBI has gained a wide network of trusted professionals and has a well-defined process for you to apply and qualify for a home loan. Get in touch to know more.

 

FREQUENTLY ASKED QUESTIONS

Can foreigners get home loans in Mauritius?

Yes, foreigners can get home loans in Mauritius. However, the loan application process may differ from that of Mauritian citizens. The bank will evaluate your creditworthiness and the purpose of your loan. You may also be required to provide additional documentation.

What is the maximum loan amount that foreigners can get in Mauritius?

The maximum loan amount that foreigners can get in Mauritius varies from bank to bank. Typically, the loan amount is up to 70% of the property value. Some banks may offer higher loan amounts for high-net-worth individuals or for properties with a high value.

What is the interest rate on home loans for foreigners in Mauritius?

The interest rate on home loans for foreigners in Mauritius is similar to that of Mauritian citizens, from 6% to 6.5% as of March 2023. The rate may vary depending on the bank, loan amount and repayment period. It is important to compare the interest rates of different banks before choosing a lender.

What are the eligibility criteria for foreigners to get home loans in Mauritius?

To be eligible for a home loan in Mauritius as a foreigner, you must have a good credit score and a stable income source. Additionally, the property you wish to buy must be located in a designated area, as specified by the bank.

Can foreigners get home loans for buying land in Mauritius?

Yes, foreigners can get home loans for buying land in Mauritius. However, the loan amount may be lower than that for buying a property, and the interest rates may be higher. It is important to check with different banks to compare their loan terms and conditions.

What are the repayment terms for home loans for foreigners in Mauritius?

The repayment terms for home loans for foreigners in Mauritius may vary depending on the bank and the loan amount. The repayment period varies according to the borrower’s age; if they are 55 years, the repayment period will be 10 years, considering that borrowers can only be a maximum of 65 years. Some banks may offer a grace period of up to six months before the first repayment is due. It is important to check with the bank about their repayment terms before applying for a loan.

Can foreigners get home loans for buying a second property in Mauritius?

Yes, foreigners can get home loans for buying a second property in Mauritius. However, the loan amount and interest rate may differ from that for buying a primary residence. Some banks may offer lower loan amounts and higher interest rates for second properties.

 

How TBI can help

With its extensive network of trusted professionals, TBI will make the process of applying and qualifying for a loan smooth and stress-free. As a foreigner, it can be daunting to take a loan or invest in a property in Mauritius. With TBI having expertise in the local market, you can ensure that you connect with the right people and that you get a good value on your investments.

 

From stunning beaches to healthcare, Mauritius is an ideal choice for those seeking a Mauritius retirement visa. This article highlights why you should retire in Mauritius and how you can retire in Mauritius. Here, at TBI, we work on making your move to Mauritius a hassle-free and enjoyable one. We have assisted several foreigners in obtaining the Mauritius retirement visa, who are now having the best days of their life.

Benefits of retiring in Mauritius

Due to its reputation for luxury, safety, medical facilities, retirement facilities and quality of life, Mauritius has been attracting a lot of retirees over the years. Mauritius is an equally favourable destination for retirees as it is for professionals and travelers. To know about the cost of living in Mauritius, read here.

Retirement facilities in Mauritius

Mauritius offers various retirement-focused facilities for those who want to spend their retirement years on this island. Various Smart Cities and luxurious developments include, not just the usual restaurants, cafes and spas, but also medical facilities on-site and even assisted living. Mauritius is genuinely focused on making retirement one of the best phases of people’s lives.

Medical facilities

With 5 public hospitals and more than 30 private clinics across Mauritius, this island provides premium services and quality healthcare. You can easily avail to private health insurance facilities. Infrastructures are highly modernized with qualified doctors.

Activities for the retired in Mauritius

With its tropical climate and good quality of life and standard of living, Mauritius is well-known for the various sports and leisure activities it offers. With activities such as scuba-diving, hiking, golf, beach trips, you will feel as if life has just begun for you!

 

How to retire in Mauritius?

Whether it’s just for a few weeks or few long months, Mauritius has several options for those looking to retire in Mauritius. To retire in Mauritius, what you need will depend on the route you choose. Foreigners can apply for a Mauritius Retirement Visa, which is commonly known as the Retirement Permit or a Premium Visa, which is the Mauritius Digital Nomad Visa.  If you’re looking to retire in Mauritius from South Africa, the conditions and procedures are the same and are as follows. To know more about moving to Mauritius from South Africa, read here.

MAURITIUS RETIREMENT VISA

The Mauritius Retirement Visa or the Retirement Permit in Mauritius is valid for 10 years. To qualify for a retirement visa in Mauritius:

1. 1. The Retired Non-Citizen must be 50 years old or above.
   2. The Retired Non-Citizen must transfer an initial USD 1,500 from their personal bank account abroad to their personal bank account in Mauritius at the time of issuance and ensure that there is an aggregate of USD 18,000 per year paid to his local account for the 10 years.

 

Becoming a Mauritius Permanent Resident by retiring in Mauritius

A major advantage of being a Retired Permit holder in Mauritius is that you can apply to become a Permanent Resident in Mauritius, provided that you have a Residence Permit and have transferred at least USD 54, 000 or its equivalent in freely convertible currency. It should be noted that this must be during the 3 years preceding the application. This would be an option if you want to extend your stay for another 20 years. Having a Permanent Residence Permit in Mauritius will allow you to stay in Mauritius for 20 years. However, you still have the option to renew your Retirement Permit for another 10 years on the island.

Mauritius Premium Visa

If you are looking to retire in Mauritius and aren’t sure whether it’s the right place for you, you can apply for a Mauritius Premium Visa. This longer term travel visa will allow you to move to Mauritius and stay in Mauritius for 1 year (renewable) and enable you to test the waters here. To qualify for the Premium Visa Mauritius, the following criteria should be met:

• The applicant must be from an eligible country. There are over a hundred listed on the EDB website.
• The applicant should produce proof of their long stay plans and sufficient travel and health insurance for the initial period of stay.
• The applicant should not enter the Mauritius Labour market nor should the main place of business and source of income and profits be in Mauritius.
• The applicant needs to show proof of funds when applying for the Visa.

What TBI Business Advisors can do for you:

• We will have a Zoom/ Teams call or email exchange to understand your requirements.
• We can assist with the finding and purchasing of property, and setting up of an entity to purchase through.
• TBI will advise on the appropriate permit or visa for coming to Mauritius.
• We will send a detailed proposal with clear costs, timeframes and explanations.
• We will assemble the documents and make the application on your behalf.
• If you need assistance with setting up companies whether as an investor or just creating a business here.
• We can assist with relocation tasks such as helping with schools, accommodation, insurance, choosing locations.
• The directors can act as Commissioner for Oaths.
• We can assist with other business advice and can bring in law firms as and when required.

.

Please contact us via our website, via email to info@tbimauritius.com or via the form below.

While every effort is made to ensure that the information given is accurate, the information on this site does not contain legal, tax or any other professional advice. We accept no responsibility or liability due to any information or representation, whether accurate or not, relied upon in the contents. It is an information guide to provide the reader with a useful general, but basic understanding of the different considerations. You must seek local legal, tax or other professional advice before relying on the contents of this site.

This blog article is a complete guide to obtaining a Mauritius visa for Indians. It discusses the different types of visas for Indians, the eligibility criteria, the documents needed to apply, and the process of getting the visa.

Mauritius is a small island in the Indian Ocean, approximately one and a half times bigger than Delhi. It is also one of the most popular tourist destinations amongst Indian travelers. Mauritius Visa for Indians is obtained upon arrival in Mauritius and is a single-entry visa. Indians cannot obtain the visa before their trip commences. However, they should arrange for the necessary documents required. Indians can then arrive at the Mauritius Airport and pick up their visa document from the immigration desk.

Types of Visa for Indians in Mauritius

Indian citizens can apply for different types of Mauritian visas. Each visa has a different purpose, hence it is important to be aware before applying for a specific visa.

Tourist Visa

Ideal for Indian citizens who wish to visit Mauritius for tourism, sightseeing or visiting relatives and friends. A maximum of 6 months is usually granted; however, in some cases, the immigration allows only a few weeks in the country. In this case, the visa can be renewed. It is important to keep in mind that a Tourist Visa is not to be used for business purposes.

Business Visa

This is for Indian passport holders who want to visit Mauritius for business purposes such as attending meetings, conferences, and participation in exhibitions, seminars or any other commercial activities. A maximum of 120 days in a calendar year is granted, with a limit of 90 days in a single visit. Indian citizens who are looking to apply for a Residence Permit or Occupation Permit in Mauritius are advised to come to the island on a Business Visa.

Medical Visa

A Medical visa is granted to Indians coming to Mauritius for medical treatment to be provided in private health care institutions which are duly registered with the Ministry of Health and Quality of Life under the Private Health Institutions Act. This visa is given upon arrival, for the duration of the treatment with a maximum of 6 months.

Student Visa

A Student Visa allows eligible Indian citizens to enter and stay in Mauritius to study full-time or part-time in a tertiary educational institution registered with the Tertiary Education Commission, or in a Technical and Vocational Educational and Training (TVET) institution registered with the Mauritius Qualifications Authority, or to follow a practical training course which forms part of higher studies.

Social Visa

The Social Visa is granted to Indian citizens who are part of socio-cultural organisations for a maximum period of 45 days, to carry out social and religious activities.

Eligibility criteria

The Mauritius Visa Requirements for Indians to be eligible are:

• Indian Passport that is valid for at least 6 months from the date of travel
• Proof of accommodation in Mauritius (hotel bookings)
• Confirmed return tickets within the 60 days for which the visa is valid
• Proof of funds for the duration of stay (bank statement)

Documents required

To ensure a hassle-free process to obtain a visa on arrival at the Mauritius airport, you should keep certain documents ready. Below is a list of all the relevant documents:

• Filled-in visa forms with all necessary details and information
• Two recent passport-sized photographs
• A passport that is valid for at least 6 more months from the date of travel
• If you are travelling to another destination from Mauritius, you must show a valid visa for that nation. Otherwise, you will need to showcase confirmed return flight tickets.
• All accommodation details, which should include room booking receipts and other details
• In case a Mauritian citizen is sponsoring your stay in the country, you would need to show a letter from the sponsor indicating the same. The citizen’s address and the relationship must also be mentioned in this sponsorship letter.
• Proof of sufficient funds to cover the various expenses for the duration of the stay
• Bank statement

Cost of Mauritius visa for Indians

The Mauritius Visa for Indians is free of cost and the processing time anywhere between a few minutes to an hour.

How to apply for Mauritius visa for Indians?

The visa application process is not complicated. In fact, there is no pre-registration process to follow. You just need to take all necessary documents, present them at the airport immigration department and obtain the visa on arrival.

What TBI Business Advisors can do for you:

• We will have a Zoom/ Teams call or email exchange to understand your requirements.
• We can assist with the finding and purchasing of property, and setting up of an entity to purchase through.
• TBI will advise on the appropriate permit or visa for coming to Mauritius.
• We will send a detailed proposal with clear costs, timeframes and explanations.
• We will assemble the documents and make the application on your behalf.
• If you need assistance with setting up companies whether as an investor or just creating a business here.
• We can assist with relocation tasks such as helping with schools, accommodation, insurance, choosing locations.
• The directors can act as Commissioner for Oaths.
• We can assist with other business advice and can bring in law firms as and when required.

Please contact us via our website, via email to info@tbimauritius.com or via the form below.

While every effort is made to ensure that the information given is accurate, the information on this site does not contain legal, tax or any other professional advice. We accept no responsibility or liability due to any information or representation, whether accurate or not, relied upon in the contents. It is an information guide to provide the reader with a useful general, but basic understanding of the different considerations. You must seek local legal, tax or other professional advice before relying on the contents of this site.

Today we have a fascinating article from Caoilfhionn van der Walt from our African tax partner Regan van Rooy (RvR) about the impending cessation of the grandfathering provisions for GBC 1s and 2s. The article covers the changes, the options and how to move forward. There are thousands of Mauritian offshore companies that need to move quickly to maintain/ improve/ limit their tax position and RvR give some ideas and solutions to you. They also have included a link to their app which gives free guidance on the options.

2021 – A seismic shift in the Mauritius tax landscape (by Caoilfhionn Van der Walt)

No more deemed tax credit or GBC2 – will Mauritian companies pay 15% tax from now on?

Up until June 2018, Mauritius Global Business Company Category 1 companies (GBC1s) were subject to an effective tax rate of 3% and GBC2 entities were not taxed at all. However, from 1 July 2021 this is no longer the case – the GBC2 regime will be abolished completely and all Mauritian entities will be subject to a headline tax rate of 15%.

So what has changed and why?

In terms of background to these changes, Mauritius has been under pressure from the OECD and EU tax committees for some time due to what those bodies perceived as “harmful tax practices”.

As a result, the 2018 Mauritian Finance Act 2018 announced two key changes – firstly the deemed tax credit regime (whereby GBC1 entities were able to claim a presumed tax credit of 80% of the Mauritian tax on foreign income, resulting in a 3% effective tax rate) was abolished.  Secondly, the entire GBL2 regime was abolished (a specific legal entity which was considered non-taxable in Mauritius). Grandfathering provisions were introduced whereby GBL1 licences issued on or before 16 October 2017 would remain valid until 30 June 2021, and would be allowed to claim the deemed tax credit up until such date. However, from 1 July 2021, GBC1 companies (known as GBLs going forward) will be subject to the normal 15% Mauritian tax rate. 

The deemed credit and GBC2 regimes were the bedrock of Mauritius’ attractiveness as a holding company location, so this is a massive shift for Mauritius.  In addition, and also in response to OECD and EU pressure, Mauritius has recently introduced detailed substance requirements for Mauritian resident entities, as well as controlled foreign company rules.  So overall, doing business in Mauritius, can seem, at first blush, a lot harder. 

However, the good news is that, due to these measures, Mauritius is now off the various “grey-lists” in terms of tax measures (just to be put on another blacklist in terms of AML rules but that’s another story). 

Does this mean all Mauritian companies will pay 15% tax?

No, but great care needs to be taken to identify the best option to pursue. There are still plenty, absolutely above-board, ways to have a very attractive effective tax rate in Mauritius.  We discuss the three main routes below:

Partial exemption regime

An 80% partial exemption can be claimed against the Mauritius tax levied on certain specified foreign-source income, resulting again in an effective tax rate of 3%.  This applies in respect of:

• foreign-source dividends;
• interest income;
• profits of a permanent establishment;
• Income from collective investment schemes and reinsurance;
• Income from ship and aircraft leasing;
• Income from international fibre capacity.

Tax Holidays

Mauritius has a very broad range of generous tax holidays, 19 in total.  For larger groups, wanting to hold or support their African operations underneath a Mauritian holding company, the global headquarter administration license regime is highly attractive.  This is a total corporate tax holiday for eight years for companies that provide back-office or strategic support to at least three related parties, and subject to a number of conditions including that the company must have a physical office in Mauritius and employ at least 10 staff.  Other key tax holidays, which apply for five or eight years,  include:

• Global treasury or legal advisory activities;
• Overseas family office;
• Innovation-driven or high-tech activities related to IP development in Mauritius;
• E-commerce platform activities;
• Peer-to-peer lending;
• Tertiary education campus;
• Manufacture of nutraceutical products;
• Manufacture of pharmaceutical products or medical devices.

Double taxation relief

Finally, Mauritius has a very generous double taxation relief system – foreign tax credits are not subject to a limitation, and can be mixed, i.e. set off against other taxable foreign income (although excess credits cannot be carried forward to the next tax year).  Also, where foreign dividends are earned, the Mauritian recipient can claim credit not only in respect of the withholding tax suffered, but also on the corporate tax suffered on the profits out of which the dividends were paid!  And then offset the excess against other foreign income streams.  This is particularly relevant for Mauritian companies holding African subsidiaries, which are almost always subject to high tax and thus can often lead to 0% tax payable in Mauritius.

Conclusion

Lots of options therefore!   And the benefit of all these changes, is that you now can have a situation where your headline tax rate is 15% (above the minimum tax rate mooted in terms of BEPS Pillar II) but your effective tax rate could be zero, due to absolutely above-board tax benefits such as tax holidays, specific exemptions or foreign tax credits, which make for a pretty unassailable situation even for those who use tax morality or harmful tax practices as a stick to beat the tax-payer.

Our app

But how do you decide which option is best for your company?  Well, we at Regan van Rooy have designed an app to help, this is an easy-to-use online smart questionnaire to help you identify whether any opportunities exist to optimise your company’s tax position, and which is the best route to pursue, depending on your company’s business operations and income flows. The questionnaire should take five minutes to complete. There is also a separate tool to identify whether your company meets Mauritius’ new enhanced substance requirements.

Contact us to discuss at info@reganvanrooy.com

About the Author

Caoilfhionn van der Walt – MA, MSc, CA (ICAEW), H Dip (International Tax)

Caoilfhionn has 20 years of international tax experience. She started her career in the international tax team at Arthur Andersen, London, and thereafter at Deloitte London before moving to Johannesburg where she was the head of international tax at the Sasol group for nine years, as well as a part-time and guest lecturer in international tax at the University of Johannesburg. Caoilfhionn joined Regan van Rooy in 2016 and heads up the Mauritian office.

About TBI

TBI Business Advisors is a Mauritian consultancy firm with a global reach and network. TBI assists individuals and businesses with their investment, setup and operations in Mauritius and throughout Africa, as well as relocation, permits and residence. Please contact us for any further information about any of these services and we would be glad to email/ chat on a Zoom/ Teams call.

Disclaimer

Our aim with our articles is to make them digestible. We keep them short and relevant but do not update them. They are not designed to be legally relied upon. This article contains no legal, tax or financial advice, all of which should be sought from relevant professionals.

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