Valid for 10 years, the Mauritius Investment Visa or Investor Permit allows foreigners to live, work and invest in Mauritius. Please note that, while we may be using the term ‘Mauritius Investment Visa’ the official term is ‘Mauritius Investor Permit.’ Foreigners can apply for the Investment Visa by investing USD 50,000. Investors can also put in USD375,000 in a property or business. Investing in Mauritius through a property in an approved scheme will allow you to live in Mauritius as long as you own the property.
Why invest in Mauritius?
Foreign investors and entrepreneurs invest in Mauritius due to its stable political and economic environment, favourable tax policies and a skilled workforce. Notably, the island’s tax system has a no capital gains tax policy. Through the Mauritius Investor Visa, foreigners can benefit from a 15% corporate tax rate. Mauritius also offers a well-rounded lifestyle with a rich culture, affordability, good healthcare, and safety, attracting entrepreneurs and families alike. Whether foreigners are exploring business opportunities or seeking a diverse and enriching lifestyle, there are a range of factors making it worth investing in Mauritius.
What is the Mauritius Investment Visa?
The Mauritius Investment 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 10 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 Investment Visa Requirements
Choose one of the following to qualify:
- Normal Investment: To get an investor visa, invest a minimum of USD50,000 in a Mauritian business
- Net Asset Value: Your net assets should total at least USD50,000, and your business should have achieved a cumulative turnover of at least MUR12 M over the 3 years leading up to your application.
- High Technology Machines & Equipment: Invest USD50,000 in technology machines in a business activity.
- Innovative Start-ups: Invest in an innovative start-up that has either been approved by the EDB or registered with an accredited incubator.
Mauritius Investment Visa Application
To apply for the Mauritius Investment Visa, you will need to provide business documents such as a business plan, business registration card, certificate of incorporation and relevant licenses. Regarding personal documents, you will need your birth certificate, medical reports, a valid passport, among others. The processing time of the Investment Visa can be anywhere between 4 to 6 weeks, for which you do not need to be in Mauritius. We will deal with the authorities on your behalf. You will then have 90 days to come to Mauritius and submit your original documents.
Alternatives to the Mauritius Investment Visa
Other than the Investment Visa, there are 2 ways to invest in Mauritius. You can invest a minimum of USD375,000 in an approved property scheme. This property investment also makes you eligible for a residence permit, valid for as long as you own the property. Another way of investing in Mauritius is by putting in at least USD 375,000 in a Mauritian business activity. Read more here.
Real Estate Investment
One of the most popular ways to invest in Mauritius is through real estate. The island offers a variety of opportunities, from high-end residential properties to commercial real estate, all within regulated schemes like the Property Development Scheme (PDS). Whether you are looking at luxury villas or apartments, investing in some real estate often comes with the added benefit of getting residency. More on Mauritius real estate here.
The Mauritian government has opened up more avenues for foreigners to invest in real estate. For instance, you can now buy an apartment for as low as MUR 6 million in certain developments. Investing in a property worth at least USD 375,000 in approved schemes can grant you a residence permit, making it easier to live and work in Mauritius without the need for additional permits. This residence permit will then be valid as long as you own the property. Foreigners can also invest in properties outside the approved schemes provided that it is at least USD 500,000. To learn more about the rules of buying property in Mauritius, click here.
How we can help
TBI Mauritius is a team of immigration consultants and relocation advisors. With over 10 years in the relocation industry, we specialise in relocation services. We can assist in applying for the Investment Visa, business management services, company formation services, property investment and management services, among others. Our services extend to document verification, liaison with authorities, securing licenses, and connecting you with partners and service providers such as, management companies and real estate agents.
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.
