Mauritius residency is a popular option for foreigners who want to live and work in a tropical island with a strong economy and a high standard of living. One of the best ways for foreign professionals to obtain Mauritius residency is through the Mauritius Occupation Permit. Run by British lawyers, TBI Mauritius is an immigration expert and relocation advisor in Mauritius. With years of experience in the relocation industry, we have been helping foreigners move to Mauritius and settle here. Our relocation services, include preliminary advice, assistance with permits, finding accommodation, setting up businesses, bank accounts, and full concierge services. Contact us to find out more.
Mauritius Occupation Permit
The Mauritius Occupation Permit is a combined work and residence permit that allows foreigners to live and work in Mauritius. There are three types of Occupation Permits: Professional, Self-Employed, and Investor. Each of the 3 types of Mauritius Occupation Permits can then be converted into a Mauritius Permanent Residence Permit which will give the permit holder 20 years of Mauritius residency. Read more on the Mauritius Permanent Residence Permit here.
Mauritius Professional Permit
The Professional Permit is a Mauritius Occupation Permit that allows skilled professionals to live and work in Mauritius. To qualify for the permit, you must have a job offer from a company in Mauritius with a monthly salary of at least MUR 30,000. The permit is valid for the duration of your employment contract or for 10 years, whichever is shorter. Once you have held a professional permit for at least 3 years and earned a monthly salary of at least MUR 150,000 for 3 consecutive years, you may be eligible to apply for permanent residency in Mauritius.
The Self-Employed Permit is a great way for foreign entrepreneurs to start their own businesses in Mauritius and eventually apply for permanent residency. To qualify for the permit, you must operate as a one-person company and make an initial investment of USD 35,000. The permit is valid for a maximum period of 10 years and is renewable thereafter. Once you have held a Self-Employed Occupation Permit for at least 3 years and generated an annual business income of at least MUR 3 million for 3 consecutive years, you may be eligible to apply for permanent residency in Mauritius.
Mauritius Investor Permit
An Investor Permit allows foreigners to invest in a Mauritian business and obtain residency. There are four options for the Investor Permit:
Option 1 – Normal: Make an initial investment of USD 50,000 or its equivalent in freely convertible foreign currency.
Option 2 – Net Asset Value: Invest in a company with a net asset value of at least USD 50,000.
Option 3 – High Technology Machines & Equipment: Invest in high technology machines and equipment worth at least USD 50,000.
Option 4 – Investor for Innovative starts ups with no investment: Invest in an innovative start-up company with no minimum investment requirement.
To be eligible for a Permanent Residence Permit in Mauritius as an investor, you must have held an Occupation Permit as Investor for at least 3 years, immediately preceding the date of application, and have either a minimum annual gross income of at least MUR 15 million for 3 years or an aggregate turnover of MUR 45 million for any consecutive period of 3 years during your current permit.
Frequently Asked Questions
What are the requirements for an occupation permit in Mauritius?
The requirements for an occupation permit depend on the type of occupation permit you want to apply for. To qualify for a professional occupation permit in Mauritius, you must have a job offer from a company in Mauritius with a monthly salary of at least MUR 30,000. To qualify for a self-employed occupation permit, you must operate as a one-person company and make an initial investment of USD 35,000.
What is the difference between work permit and occupation permit in Mauritius?
A work permit in Mauritius is a permit given to non-professionals from abroad who work for less than MUR 30,000. An occupation permit in Mauritius is given to foreign professionals, investors and self employed individuals. The financial requirements for an occupation permit vary depending on the category, but they are generally higher than the requirements for a work permit. For example, to qualify for the occupation permit, you must have a monthly salary of at least MUR 30,000.
What is the occupation permit for 10 years in Mauritius?
The occupation permit for 10 years comes under 3 categories: Professional, Investor and Self-Employed. Each occupation permit is valid for a maximum period of 10 years and have distinct requirements.
What TBI Business Advisors can do for you:
- Provide expert advice on the Mauritius Occupation Permit. We can explain the requirements for each type of Occupation Permit and help you determine which one is right for you based upon your business, wealth and your goals.
- Assist you with the Occupation Permit application process. We will help you gather all of the required documents and complete your application correctly. We will also represent you in front of the government officials during the application process.
- Provide ongoing support after you receive your Occupation Permit. We can help you relocate to Mauritius and settle into your new home. We can also provide you with advice on Mauritius tax law, business regulations, and other important matters.