Mauritius support services

Mauritius employment visas

Foreigners wishing to relocate and obtain residency in Mauritius request Healy Consultants Group PLC to assist them by preparing a quality application to the Mauritius Board of Investment.

In summary, there are three main options available: i) for Clients looking to invest and develop real estate in Mauritius, the optimal route is through the Property Development Scheme; ii) work and do business in Mauritius via an occupation permit or iii) obtain permanent residency in Mauritius for business investors, professionals, self-employed or retired foreigners. More information on these three options below.

Residency permit for real estate investors under the Property Development Scheme (PDS)

  1. There are two main advantages of the Property Development Scheme (PDS), including:
    • Access to residency permit and consequently live and work in Mauritius with a minimum investment of US$500,000 or equivalent in a foreign currency;
    • While foreigners are usually forbidden to invest in real estate, the Government will waive such restriction provided that i) the investor engages in development activities ii) 25% of the residential properties developed under PDS are sold to Mauritius nationals.
    • Furthermore, the PDS scheme allows foreigners to develop up to six residential properties, including i) villas and ii) high rises;
  2. There are also certain requirements and limitations of the PDS Scheme, including:
    • Specific limitations of land and real estate purchases. For development of luxurious freehold land a foreign investor can own only up to 0.4220 hectare, and developed on land not exceeding 0.5276 hectare;
    • Furthermore, the residential property is deemed to be acquired on its registration, thus suffer a fixed duty of 5%;
    • During the PDS application process, our Client must settle MUR50,000 as a bank guarantee in favor of the Mauritius Board of Investment.
  3. If the above criteria are covered, Healy Consultants will submit application for PDS Certificate under the Investment Promotion Act 2000 and the Investment Regulations 2015 to the Mauritus Board of Investment;

Residency permit for business investors, professionals and self-employed via occupation permit

In Mauritius, occupation permit (often referred as residence permit) is a type of long-term business visa available to foreigners under certain investment and salary restrictions. Below you will find a detailed breakdown for each of the different ways foreigners can secure occupation permit.

  1. Business investors interested in relocating and obtaining a residence permit in Mauritius are required to adhere to the following minimal requirements:
    • Their minimal initial investment transfer amounts to US$100,000 or equivalent in other currency;
    • The company’s annual turnover should exceed MUR 4 million;
  2. For professionals interested to obtain an occupation permit in Mauritius, there are certain minimal salary requirements, including:
    • The minimal gross monthly salary of the individual should exceed MUR 60,000;
    • The minimal gross monthly salary of the individual working in the ICT sector should not pass MUR 30,000.
  3. Self-employed non-residents can obtain a residency permit in Mauritius, there are certain minimal salary requirements, including:
    • Their minimal initial investment transfer amounts to US$100,000 or equivalent in other currency;
    • The gross annual income of the individual is at least MUR 600,000;
    • From the third year onwards, the annual income is further increased to MUR1,2 million.
  4. If the above criteria are successfully covered, Healy Consultants Group PLC will submit application to the Mauritus Board of Investment Work & Live Department and obtain your occupation permit (residence permit) within 15 business days;
  5. The validity of the occupation permit amounts to three years. This said, after the period this type of permit can be renewed for another three years, indefinitely.

Permanent residency for business investors, professionals and self-employed via occupation permit

Permanent residence is issued for a period of 10 years under greater minimal criteria in comparison to the standard occupation permit. Below you will find a detailed breakdown for each of the different ways foreigners can secure permanent residence.

  1. Business investors holding an occupation permit for three years are eligible to apply for a permanent residence once: i) their company’s annual turnover exceeds MUR 15 million or ii) have invested more than US$500,000 in any of qualifying business activities, listed here;
  2. Professionals holding an occupation permit for three years are eligible to apply for a permanent residence only if their minimal gross monthly salary exceeds MUR 150,000 during the term of the occupation permit;
  3. Self-employed holding an occupation permit for three years are eligible to apply for a permanent residence only if their minimal gross monthly income exceeds MUR 3 million during the term of the occupation permit;
  4. If the above criteria are successfully covered, Healy Consultants Group PLC will submit application to the Mauritus Board of Investment Work & Live Department and obtain your permanent residence within 15 business days;
  5. Conveniently, holders of residence permit are allowed to purchase property in Mauritius under the following conditions:
    • Their monthly salaries exceed US$3,000 and;
    • The apartment is located in a residential block of not less than ground plus two floors.
  6. Residency permit as a retired foreigner

    1. Foreign residents looking to retire in Mauritius can be eligible for a residence permit under the following conditions:
      • Non-citizens must be above 50 years of age;
      • Undertake a direct transfer of US$40,000 or more to a local Mauritius corporate bank account each year. The total amount transferred over the course of three years should be at least US$120,000;
      • Negatively, retired non-residents will not be allowed to work or engage in business activity in Mauritius. However, such individuals can still invest as minority shareholders of a local business;
      • Under this type of residency permit, there is no minimum stay period mandatory, however to ensure tax-residency, the retired foreigner needs to reside in Mauritius for a minimum of 183 days per annum.
      • The validity of this residency permit is 10 years and can be renewed again thereafter for another 10 years, indefinitely.

    Business Visa

    1. A business visa can be issued for a maximum of 120 days per year. However, each single trip can last for a maximum of 90 days;
    2. Required documents to apply for a business visa i) birth certificate; ii) national ID card; iii) two recent photos and iv) valid passport. Additional requirements include i) sufficient funds to stay for the intended period of time; ii) valid onward/ return ticket.

    Tourist Visa

    1. A tourist visa can be issued for a maximum of 180 days per year. Visitors are not allowed to enter into employment or business activities during this period;
    2. Required documents to apply for a tourist visa in Mauritius include: i) birth certificate; ii) national ID card; iii) two recent photos and iv) valid passport.

    Mauritius corporate banking options

    1. Mauritius standard chartered bankTo open a company bank account in Mauritius, Healy Consultants recommends using the services of international banks such as HSBCStandard Chartered and Citibank for most Mauritius corporate banking solutions. Local banks can be used where appropriate for the Mauritius company;
    2. Mauritius HSBC corporate accountsHealy Consultants will be pleased to open a Mauritius corporate bank account as part of our Mauritius company formation services. Our Client will not have to travel for this engagement. It is a time consuming task, Healy Consultants will shelter our Client from the administrative challenges. As you can appreciate, it is a difficult task to obtain bank account approval through a newly formed company, when shareholders and directors and bank signatories reside overseas. Healy Consultants will prepare a business plan for the bank to optimize the probability of corporate bank account approval;
    3. Mauritius Deutsche bank offers and benefitsHealy Consultants may also assist to open an additional international corporate bank account with a top tier bank, outside of Mauritius. Examples include London, New York, Germany, France, South Africa, Singapore, Australia, or Dubai. It is a time consuming task and our fee for this service is US$3,950 without travel or US$2,550 with travel. All banks will be top tier banks in these countries with excellent internet banking services;
    4. Mauritius-based banks will provide finance to locally-registered companies provided the following conditions are met i) good business plan ii) availability of security iii) experience of business owners iv) last 3 years audited financial statements v) realistic feasibility study vi) project strength and weaknesses analysis (SWOT);
    5. Mauritius Barclays international bankingTo support Mauritius business formation, Healy Consultants assists Clients with trade finance tasks including i) bank guarantees ii) letters of credit iii) finance against trust receipt iv) document against payment and against acceptance;
    6. Healy Consultants assists in securing corporate finance in the form of a loan, overdraft or simply preferential credit terms are other corporate banking related aspects of doing business in Mauritius to support Mauritius company incorporation;
    7. Mauritius Afrasia - corporate and investment bankingBanks in Mauritius provide the full range of corporate bank account facilities including multiple currencies, internet banking, telephone banking, checking accounts, savings accounts, debit and credit cards, fixed term deposits and wealth management services.

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Contact us

For additional information on our company formation services in Mauritius, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Simon Guidecoq, directly:
client relationship officer - Simon
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