Mauritius Residence by Investment

For many Israelis, the high cost of living and constant security concerns can take a toll. Mauritius offers a refreshing alternative, where safety, affordability, and a relaxed pace of life come together to create a more balanced and peaceful environment. With its favourable tax benefits, secure economy, and high standard of living, Mauritius provides a welcome escape from many of the daily stresses faced in Israel. Whether you are looking to invest, relocate, or retire, the island offers a range of residence by investment options that provide a clear and accessible path to building a new life here.

Why choose Mauritius?

mauritius residencySafety and Quality of Life

Mauritius is known for its low crime rate, political stability, and high Human Development Index, making it a secure and comfortable place to live. Families with children will benefit from excellent education options, international schools, and modern healthcare facilities, all within a peaceful environment. Compared to many western countries, crime rates are significantly lower in Mauritius. Walking alone at night is more comfortable, especially in the North and the West, where most expats live.

Economic Strength and Opportunity

Ranked 1st in sub-Saharan Africa and 30th globally in the 2023 Index of Economic Freedom, Mauritius boasts a strong, growing economy. Investors and entrepreneurs can take advantage of a 15% corporate tax rate, no tax on dividends or capital gains, and Double Taxation Agreements with 51 countries. The country’s welcoming business environment fosters innovation and international trade.

Favourable Tax Environment

For retirees and investors alike, Mauritius offers a highly favourable tax regime. With no inheritance tax, wealth tax, or capital gains tax, the island provides financial relief for those looking to maximise their savings and investments while enjoying a comfortable lifestyle.

A Balanced, Family-Friendly Lifestyle

For families, Mauritius combines modern amenities with a relaxed, tropical lifestyle. Children can grow up in a safe environment, with access to excellent schooling and recreational facilities. The island’s vibrant outdoor culture, pristine beaches, and year-round warm weather ensure an active and fulfilling life for all ages.

Citizenship By Investment

While citizenship by investment in Mauritius is possible, it is a difficult and lengthy process. The island does not offer a direct citizenship program based on investment alone. Instead, most people choose to obtain residence by investment as a more practical and efficient option. After several years of living in Mauritius, you may become eligible to apply for permanent residency. As an alternative to citizenship by investment, we recommend foreigners to explore the various residency by investment pathways that Mauritius offers.

Residence by Investment

For those considering moving to Mauritius permanently, residence by investment is one of the most attractive and accessible options. By investing in property or a business, you can obtain a residence permit that allows you and your family to live and work on the island. This path is ideal for investors and professionals who want to benefit from Mauritius’ low tax rates, stable economy, and growing business opportunities.

Property Investment

By purchasing a property valued at USD 375,000 or more in an approved development, you qualify for a residence permit. This investment also opens up the possibility of permanent residency since you are allowed to live in Mauritius as long as you own the property.

Business Investment

For those interested in business, investing a minimum of USD 50,000 in a company can grant you an investor permit. This option allows you to live and work in Mauritius while benefiting from the island’s growing economy and its role as a gateway to Africa and Asia. After 3 years on this permit, you are eligible to apply for a 20-year permanent residence permit provided that you meet the financial requirements.

Alternatively, by investing at least USD 375,000 in a qualified business activity, you are also eligible for the 20-year permanent residence permit.

Other Permits for Living in Mauritius

Retirement Permit (10 years)

To get a retirement permit, you must be at least 50 years old and meet one of the financial requirements:

  • A minimum monthly income of USD 1,500 transferred into a Mauritian bank account or
  • A minimum of USD 18,000 in a bank account in your country of residence or origin

This permit is renewable, and you also have the option of applying for a 20-year Permanent Residence Permit after 3 years on the Retirement Permit.

Self-Employed Permit (10 years)

To become self-employed in Mauritius, you must operate as a one-person company and invest USD 35,000. This permit is renewable, and you also have the option of applying for a 20-year Permanent Residence Permit after 3 years on the Self-Employed Permit.

Moving to Mauritius As A Family

The country has a range of international schools that provide a high-quality education with a global perspective. Mauritius also has a low crime rate, ensuring the safety of your family. With a focus on family-friendly activities and a strong sense of community, Mauritius is a great place to raise a family. Mauritius also has several family-friendly hotels for those who are looking for a family trip to Mauritius.

Home loan in MauritiusCost of living

The cost of living is known to be generally more affordable than Western Europe or North America. Accommodation costs can range from USD 500 to USD 5000 per month, depending on location and amenities, while education costs can vary. Government-run schools are free, but international private schools may be costly. Other essentials like food, transportation, utilities, and healthcare are relatively affordable. For a family of four, a monthly budget of approximately MUR 100,000 to 200,000 provides a comfortable, non-extravagant life in Mauritius.

Setting up a business in Mauritius

Moving to Mauritius is attractive to investors and entrepreneurs due to its stable economy, business-friendly legal framework, and favourable tax policies. The country offers a variety of licenses, including the Global Business License (GBL), making it easy to establish different types of businesses. Additionally, Mauritius has a thriving fintech sector. To set up a business, you will need to register your company, select the right license, and understand the tax implications. You may also consider property investment and the advantages of operating in Mauritius. Here, at TBI Mauritius, we can help you choose the right business structure, register your company, and obtain the necessary licenses and permits.

Property Investment in Mauritius

Moving to Mauritius can be lucrative for investors looking to invest in real estate, whether they hold a residence permit or not. Property investment can take various forms, including through companies, trusts, foundations, or sociétés, with the Property Development Scheme (PDS) being a popular choice. To qualify for a residence permit, a minimum investment of USD 375,000 in residential property is necessary. Smart Cities, known for their eco-friendly living spaces, also attract foreign investors. Mauritius’s stable environment, tax benefits, and legal protections make real estate investment a reason to relocate to Mauritius. We can connect you with trusted real estate agents and relevant authorities to help you explore property investment options based on your budget, preferences and goals.

 

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.
  • TBI 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 or via email to info@tbimauritius.com.

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.