Mauritius to Open US$500k Citizenship by Investment Program Says PM in Budget Speech
June 16, 2018
Prime Minister Pravind Kumar Jugnauth of Mauritius – a country whose citizens enjoy visa-free access to Schengen, the UK, and
Mauritius
Permanent Residence Permit for Investors
The Mauritius Permanent Residency Program for investors provides immediate permanent residency status for approved applicants who invest a minimum of US$375,000 in either a designated real estate project or a local business. 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.
Program at a glance
| Program Type | Golden Visa Program |
| Time to citizenship | 2, 5 or 7 years |
| Time to permanent residency | immediately upon approval |
| Minimum investment | US$375,000 |
| Physical presence requirement | 1 day per annum |
| Application processing time | 2-3 months |
| Citizenship grants visa-free travel to | 146 destinations, including Schengen countries |
| Contribution types available | Property Investment, Business Investment |
Want IMI to put you in touch with a trusted specialist for this program?
How to Qualify
Salient Benefits
Path to Citizenship
Program Authority
Program Legal Basis
Program Statistics
How to Qualify
General program requirements
Individuals who wish to obtain permanent residency in Mauritius through investment can choose between acquiring a property or by investing in a business. In both cases, the minimum investment amount is US$375,000.
Property investment options:
Integrated Resort Scheme (IRS) projects with a land area bigger than 10 hectares;
Real Estate Scheme (RES) projects smaller than 10 hectares where individual units must be smaller than 10 hectares;
Property Development Scheme (PDS) projects, which must focus on protecting the environment and ecology of the neighboring community.;
Smart City Scheme (SCS) projects, which require developments to be environmentally friendly for residential, commercial and social activities.
Business investment in the following sectors qualify:
Agricultural;
Audio-visual;
Cinema and Communication;
Banking and Financial Services;
Construction;
Education;
Environment-friendly and green energy products;
Fisheries and Marine Resources;
Information Technology;
Infrastructure;
Insurance;
Leisure;
Manufacturing;
Hospitality
Applicable fees:
$1,735 Permanent Residence Fee for the main applicant.
$1,160 Permanent Residence Fee for each dependent.
Salient Benefits
Program benefits
- Path to citizenship;
- Minimal physical presence requirements;
- Safety and security;
- Permits dual/multiple citizenship;
- Lower taxes;
- Lower cost of living;
- Warm climate;
- Short processing time;
- English as official language.
Path to Citizenship
Requirements to qualify for citizenship
Upon approval, applicants receive immediate permanent residence permits in Mauritius. The permit is valid for 20 years and is renewable as long as the investment is upheld.
The applicant may apply for citizenship after five years of uninterrupted residence as an existing Commonwealth citizen, with 12 months of continuous residence for the last year before making the application.
If the applicant is not a Commonwealth citizen, he may apply for citizenship after seven years of uninterrupted residence. The applicant needs to be physically present in Mauritius for 12 months before making the application.
There is a fast track naturalization process for investors who increase their investment amounts to US$500,000 and who are physically present for two consecutive years without any absence from the country.
The processing and approval of citizenship can take up to 12 months in Mauritius. The applicant needs to have good knowledge of English, French, or a local language and there is no restriction on dual citizenship.
Program Authority
Program Legal Basis
Legislation upon which this program is based:
Immigration Act 2020 Section 5A(5) and 9(3)
Program Statistics
No statistics available yet for this program.
Mauritius Golden Visa Real Estate
Talk to a Trusted Program Specialist
As the hub for investment migration professionals, IMI is regularly in touch with program specialists in every corner of the globe.
Tell us a little about your situation and what you need so that we may put you in touch with the right advisors.
Recent stories about this destination
Explore Programs
Direct Citizenship Programs
Programs that offer citizenship within months in exchange for investments or donations, with minor/no physical presence requirements.
Semi-Direct Citizenship Programs
Programs that offer citizenship in exchange for investments following a 1-2 year period, with minor/no physical presence requirements.
Bulgaria Investor Program (discontinued)
Malta MEIN
Golden Visa Programs
Programs that offer residence permits within months in exchange for passive investments, with limited physical presence requirements.
Andorra Residence Without Lucrative Activity
Anguilla Permanent Residency Program
Australia BIIP Investor Streams
Bahamas Economic Permanent Residence
Barbados SERP Program
Bermuda Economic Investment Certificate (EIC) Program
Brazil Investor Visa (VIPER)
Cambodia My 2nd Home
Cayman Islands Investor Visa
Colombia Investor Visas M and R
Costa Rica Investor Visa
Curaçao Investor Permit Program
Cyprus Golden Visa
Georgia Investor Visas
Greece Golden Visa
Guernsey Investor & Entrepreneur Residency
Ireland Immigrant Investor Program (discontinued)
Italy Investor Visa
Latvia Investor Visa
Luxembourg Investor Visa
Malaysia M2H Visa
Malta Permanent Residence Program
Mauritius Permanent Residency Program
Monaco Carte de Séjour
Netherlands Investor Visa
New Zealand Investor Visa
Nicaragua Investor Permanent Residency Program
Panama Qualified Investor Visa
Philippines Special Investor Residence Permit
Portugal Golden Visa
Russia Investor Visa
South Korea Investor Visa
Spain Golden Visa
Taiwan Golden Visa (APRC Plum Blossom Card)
Thailand Elite Residence Program
UAE Golden Visa
UK Investor Visa (discontinued)
United States EB-5
Independent Means Visas
Programs that offer residence permits within months to those who can demonstrate income or personal wealth above a certain level, usually requiring that the holder not take up employment locally.
Argentina Rentista and Pensionado Residency
Austria Independent Means Visa
Barbados Welcome Stamp
Gibraltar Category 2 HNWI Residence
Greece FIP Visa
Indonesia Retirement Visa (KITAS)
Ireland Independent Means (Stamp 0)
Italy Elective Residency Visa
Jersey High Value Residency
Mexico Legal Residency Visa
Nicaragua Pensionado and Rentista Visas
Panama Rentista Retirado Visa
Paraguay Permanent Residency Program
Portugal D7 Visa
Spain Non-Lucrative Visa
Uruguay Independent Means Visa
Active Investor Visas
Programs that offer residence permits within months to those who physically relocate to start and/or run a business. Startup and entrepreneur visas fall under this category.
You can't buy investment migration expertise.
But in IMI Club, you can build it faster than anywhere else.
IMI Club members-only benefits:
- ✓ Unlimited articles
- ✓ Full access to the IMI Data Center
- ✓ Full access to our databases
- ✓ Full access to partner reports
- ✓ Preferential access to IMI Research Unit reports
- ✓ Free access to the Market Eligibility Index
- ✓ Listing of your profile as an IMI Expert
- ✓ Exclusive interviews
- ✓ Read IMI on the iPhone and Android apps
- ✓ Free access to our resume bank
“Thanks to IMI Club, I am never that one guy in the meeting that hasn’t heard about the latest RCBI program price cut or rule change. Getting those regular alerts is simply necessary for me to stay on top of this rapidly-changing market.”
Eric G. Major
CEO, Latitude Residency & Citizenship
INVESTMENT MIGRATION COMPANIES
IMI-Preferred Partners
Investment Migration Company Directory
Accredited Agents Lists
INVESTMENT MIGRATION REAL ESTATE
IMI Real Estate Listings
Approved CBI Real Estate Developments
CBI Real Estate Watch