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Permanent Residence
The Mauritius Government recently introduced regulations to allow non-Mauritian citizens to obtain the "Permanent Resident" status. With an minimum investment of US$500,000, the investor, as well as his spouse and children (under 18), can become "Permanent Residents" in Mauritius. The amount should be invested for a minimum of 10 years.
Other next of kin of the foreign investor or of his spouse are also eligible to become "Permanent Resident" with a deposit of US$100,000 in respect of each such person.
The investment should be made:
EITHER in the following sectors:
Investor can acquire for residential purposes only:
(a) A flat or portion of land or immovable property not exceeding 1.25 arpents
(b) Should be at least 100 metres away from sea frontage
Other next of kin of the foreign investor or of his spouse are also eligible to become "Permanent Resident" with a deposit of US$100,000 in respect of each such person.
The investment should be made:
EITHER in the following sectors:
- Manufacturing.
- Hotel, tourism and related services.
- Financial Services.
- Agro-based industry.
- Fishing and marine resources.
- Operational headquarters of multinational companies.
- Freeport operations.
- Information technology.
- Concessions projects.
- Film production.
- The investor can then purchase one immovable property of an extent not exceeding 1 arpent (4220.87 m-square) for his personal use for a value up to 20% of the original investment made.
- The requirement for a work permit will be disapplied for the investor and his dependents.
- The Permanent Residence Scheme will give the investor the opportunity to apply for Mauritius citizenship.
Investor can acquire for residential purposes only:
(a) A flat or portion of land or immovable property not exceeding 1.25 arpents
(b) Should be at least 100 metres away from sea frontage