Property investment in Mauritius is continuing to increase with international investors drawn to Mauritius for its strong business environment, idyllic sun-filled lifestyle, accessibility and the fact that buying property in Mauritius entitles you to a residency permit. Residence Permit and Visa; Apostile; Passport and Immigration Office; Mauritius National Identity Card for Eligible Mauritians Born Abroad; Department & Other Bodies. Mauritius Residency through property investment . In a related development to mitigate the economic downturn because of Covid-19, the Bank of Mauritius (BoM) is establishing the Mauritius Investment Corporation Ltd. 1. Under domestic law, a company is resident in Mauritius for tax purposes if it is incorporated in Mauritius or centrally managed or controlled in Mauritius. He will be exempt from work and residence permits. It should be noted that this permit does not give the holder the right to vote or citizenship. The Permanent Residence Permit . The state offers free education and protection for the elderly, greater inclusiveness and negative income tax. Mauritius offers ‘no strings attached’ long-stay visas The island state’s 'premium visa' is proving to be of interest to South Africans. Malta Residency Visa Mauritius - for Mauritian citizens to allow business investors to move to Malta and pursue permanent residence permit and citizenship. 1/ By acquiring real estate; 2/ With any one Occupational Permit (OP), including Investor, Professional, Self-employed and Retired Permits. Application to Enter Mauritius Form duly filled and signed by you (the applicant). Investor: Holds an OP for at least 3 years with: a minimum annual gross income of at least MUR 15M; or; an aggregate turnover MUR 45M, Foreigners who having obtained PR status through the acquisition of property under a real-estate scheme can now also work in Mauritius, without having to apply for a separate occupation or work permit, allowing an easier transition for families settling in Mauritius. Mauritius Corporate - Corporate residence Last reviewed - 05 August 2020. Non-citizens of Mauritius as well as their dependents (spouse or common law partner as well as children, stepchildren, lawfully adopted children under the age of 24 years, or above the age of 24 years who are pursuing full-time education and are wholly dependent on the applicant) can apply for a residence permit through the PDS programme. Mauritius is increasingly recognised as one of the leading African property markets for foreign investors. 66 Properties Found . October 24, 2018 In Mauritius, Blog Mauritius, News and Views By Sovereign 0 comments. Price $569,000. Travel options. The Residence Permit is allocated to foreign national at the stage of retirement and to dependents of OP or residence permit holders. Mauritius has a residency by investment program designed to encourage inward investment into the economy. Immigration and Permanent Residence in Seychelles. Bedrooms 1. You will be able to acquire Mauritian citizenship after just 2 years of residency. If you invest a minimum of USD 500,000 into a qualifying activity, you are eligible for this scheme. 3/ Any other immigration services we can assist you with? We also issue Mauritius Passports/Travel Documents, process applications for visa to non-citizens who require an entry permit prior to travel to Mauritius, issue residence permit and occupation permit to persons who want to work, invest, or simply live in Mauritius and experience the invigorating combination of a unique lifestyle and thriving business opportunities. VISA REQUIREMENT Visa is not required for entry into Seychelles. You must make an initial transfer of at least USD30,000 to your local bank when first settling in the country. Foreign nationals, above the age of 50 years, may also choose to retire in Mauritius under a Residence Permit (RP). A permanent residence permit in Mauritius is granted if you buy a real estate property in the country under purchase plans approved and managed by the government’s EDB. Property Type: Permanent Residence Permit Eligible Residential properties such as luxury villas, apartments and penthouses can be sold freehold to foreigners at a minimum price of US$500 000, which entitles the purchaser to a residency permit. Extension of the Mauritius Permanent Residence Permit to 20 years from 10 years; New conduit for investment. Permanent Residence Permit. Two recent passport-size photos of self + for each dependant (if applicable). A company not incorporated in Mauritius is resident in Mauritius only if it is centrally managed and controlled in Mauritius. Moving to Mauritius from South Africa is now easier than ever. The permit applies to the purchaser’s entire family, including his or her spouse and any children under the age of 24. You must also undertake to transfer at least USD2,500 every month or USD30,000 annually to your bank account in Mauritius with evidence of transfer. The Mauritius investment residency program grants permanent resident status to you and your family members included in your application. How to obtain a residence permit in Mauritius? 3. Mauritius Permanent Residency Mauritius Residency Scheme in the Running : Investment threshold reduced to US$ 375,000. Portugal Residency Visa Mauritius - for Mauritian citizens to allow business investors to move to Portugal and pursue permanent residence permit and citizenship. Living in Mauritius is a tempting idea and not just for fun! Who is eligible for the Permanent Residence Permit? Navitas can assist with a complete range of services. Permanent residence permits offer significant benefits to those seeking to emigrate to Mauritius. Area 115.6sq.m. Buy property investment, Contributions, Capital transfer requirements, Immigration though golden visa, PR card, Cost, Scheme, Agency, Process, processing times in 2020 - EB5 BRICS You may submit your application in person on the following address: Prime Minister’s Office (Home Affairs) Permanent Residence Permit Section Permanent Resident status allows to reside, circulate, work and acquire real estate in Mauritius. Sottise Road, Grand Baie, Mauritius. An Occupation Permit (Investor and Self-employed) and a Retired Residence Permit shall be issued for a maximum period of ten years, renewable thereafter as per established criteria. PASSPORT REQUIREMENTS Valid passports or other travel documents are required for entry into Seychelles.. 2. The visa is a ten-year residence permit. To be eligible for a Permanent Residence Permit, foreign investors must have had an occupation permit in Mauritius for at least three years before applying and be a majority shareholder in Mauritius-based company with a revenue of at least Rs 15 million. Full Birth Certificate of applicant duly legalized/authenticated by competent authority/ bear the seal of "Apostille" of the Hague Convention of 5 th October 1961 (where applicable). You may apply for a residence permit if you are a non-citizen of Mauritius aged 50 years or more. Persons eligible for Permanent Residents Status . Permit-holders are entitled to fiscal residency in Mauritius, provided that they spend at least 183 days a year in the country. Investing in Mauritius is attractive in terms of taxation but also in developing business. (Refer to other permits.) There is no requirement to reside in the country after receiving your RP. Permanent Residence Permit - 20 years A holder of an Occupation or Residence Permit is eligible to apply for a 20-year Residence Permit provided the following specific conditions are met: 1. If not, the alternative is to have invested a minimum of USD 500 000 in an economic sector as listed by the government. Permanent Residence Permit in Mauritius; Office Spaces; Investment Opportunities; Our Blog; Loan Calculator; Schedule a meeting; Siteplan; Contact Us; BECOME A RESIDENT OF MAURITIUS . by Lorne Philpot. Buy property investment, Requirements, Immigration, Golden Visa (MRVP), PR card, Cost, Scheme, Agency, Process, processing times in 2021 - … Renewable, this license is issued for a period of 10 years. Upon a minimum investment of USD$500,000, the investor will be eligible for Permanent Residence Status. Resort-Style Villas + Luxury Options. The Permanent Residence Permit allows its holder, a non-citizen, to live and work in Mauritius for a period of 10 … Approved Investment Visa. The investment needs to be into a Mauritius based business to access a residency permit. Mauritius is among the top three countries in the world with the purest quality of air. IRS and RES owners get a Residence Permit not a Permanent Residence Permit (sorry). We can also assist with the application of a Permanent Residence Permit. Mauritius has announced important changes to immigration law and golden visa scheme for obtaining permanent residency in Mauritius. This permanent residency status can be bequeathed to the children of the buyer. Permanent Residence Permit A holder of an Occupation or Residence Permit is eligible to apply for a 20-year Residence Permit provided the following specific conditions are met: 1. Permanent Residence Permit – You and your spouse may live and work in Mauritius unless you got this using the Retirement Scheme method, in which the retiree cannot work and the spouse needs a work permit. 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