Residence permit in Mauritius

Residence permit in Mauritius for real estate investments

The island state offers the opportunity to get residence by investing in residential properties, hotels or land. The main programme is the Residence by Investment Programme, which allows foreigners to acquire residence by the purchase of real estate (house or flat).

To apply, you must invest $375,000 or more in government-approved property projects. There are several sub-programmes, each with its characteristics:

• Integrated Resort (IRS): purchase of homes on the secondary market.
• Real Estate (RES): purchase of properties in a specific development series.
• Property Development (PDS): another scheme for the purchase of homes and leisure and holiday accommodation.
• Invest Hotel (IHS): investment in a hotel.
• Smart City (SCS): buying a home or plot of land in innovative regions.

In addition to these programmes, any apartment located in a 3-storey or higher building is suitable for applying for residence. In all of the above options, the permit is valid as long as the investor owns the property.

The programmes offer not only the possibility of getting a residence permit but also access to luxury real estate, a favourable tax regime, a mild climate, and a high quality of life. These factors make the island an attractive destination for investors from all over the world.

Conditions for obtaining a residence permit in Mauritius

The investor must comply with the requirements for residence in Mauritius to participate in the programme:

1. Property: $375,000 is the minimum amount. The property must be acquired in an approved project or be located in a building with more than 3 floors.
2. Age and status: the investor must be of legal age (over 18 years old) and prove a source of income.
3. Legal compliance: a foreigner must obey all local laws and regulations, including tax obligations.
4. For family members: the programme applies only to the investor's spouse and minor children, who will also be issued a residence permit.

Documents for applying for residence in Mauritius

To apply for residency in Mauritius when purchasing a property, an investor needs to provide the next papers:

1. Passport: a copy of a valid passport.
2. Marriage and children's birth certificate: if there is a family.
3. Property documents: purchase and sale agreement.
4. Financial documents: proof of source of income and solvency.
5. Medical certificate: confirmation of good health.
6. Criminal record certificate: from the country of residence.