Mauritius - Individual - Residence (2024)

FAQs

What is the residence rule in Mauritius? ›

An individual is resident in Mauritius in an income year in the following cases: The individual's domicile is in Mauritius, unless one's permanent place of abode is outside Mauritius. Presence in Mauritius in that income year and the two preceding income years is for an aggregate period of 270 days or more.

How can I become a resident of Mauritius? You can become a resident of Mauritius by investing at least USD 375,000 in an approved property-scheme or business activity. Alternatively, you can retire in Mauritius by ensuring a minimum monthly income of USD 1,500.

Residence Permit authorizes the holder's family (spouse and children) to stay in Mauritius. Pathway to permanent residency and eventually, citizenship. Favorable taxes. Safe and secure environment.

Mauritius runs a self-assessment taxation system. Residents of Mauritius are taxed on worldwide income, except those whose foreign source income is not remitted to Mauritius.

183-day rule

Your physical presence in a state plays an important role in determining your residency status. Usually, spending over half a year, or more than 183 days, in a particular state will render you a statutory resident and could make you liable for taxes in that state.

After seven years of continuous residency (five years for nationals of Commonwealth countries), applicants are eligible for citizenship in Mauritius. Applicants who invest at least US$500,000 are eligible for fast-track naturalization in two years, though stricter physical residence requirements apply in this case.

Dual Citizenship in Mauritius

Based on that data, we assigned Mauritius a Dual Citizenship score of 30, meaning that Mauritius citizens are often allowed to hold other citizenships but with certain restrictions.

Am I eligible for Permanent Residence? To be eligible you must have held your resident visa for at least two years, have met any conditions of your Resident Visa, and have shown a commitment to New Zealand by meeting one of the following criteria: You have spent enough time in New Zealand.

How much money do you need to emigrate to Mauritius? It is possible to obtain a residence permit valid for 20 years by directly investing a minimum of USD375,000 through the Economic Development Board (EDB) of Mauritius. The EDB has identified a number of investment opportunities into which your money can be directed.

There are two qualifying options for Mauritius company shareholders or directors: General investors can invest USD 50,000 in a growing business activity that generates year-on-year profit over a 10-year initial residence period.

How much money do you need to retire in Mauritius? ›

Retiring in Mauritius may be your best choice if you are aged 50 or above. With just USD 1500 monthly, you can benefit from a 10-year Residence Permit and live in a peaceful environment.

Moving to Mauritius may be a good idea due to its: Strong economy: Mauritius has a stable economy with low unemployment and inflation rates. Low crime rate: Mauritius has a low crime rate, making it a safe place to live. Beautiful climate: Mauritius has a tropical climate with warm weather year-round.

The origins of Mauritius's status, which the Tax Justice Network says is a tax haven, can be traced to a treaty it signed with India in the early 1980s to promote trade and investment, where it eliminated double taxation and capital gains levies.

Foreign income means income derived from outside Mauritius. It shall include emoluments, directors' fees, annuity, and pension in respect of past services, business income, rental income, investment income and interest income. The foreign income is taxable in the hand of the resident.

The purchase of real estate in Mauritius does not require a residence permit. Because of this, you can acquire a property even if you do not live on the island all year round. Even without a residence permit, a foreigner has the right to stay on the island for 6 months a year.

You need to have invested a minimum of USD 500,000 in Mauritius. You must have lived continuously in Mauritius for at least two years before applying for citizenship. It is important to note that while this immigration regulation exists, obtaining Mauritian citizenship is not an automatic entitlement.

The Occupation Permit is valid for up to 10 years, but you can submit a new application to stay in Mauritius longer when the permit expires.

Non-citizens looking to invest, work, or retire in Mauritius need to have obtain a residence permit. For companies in Mauritius that require foreign expertise, the employer may apply for a work and residence permit on behalf of the employee.