Overview of TrustQore’s Mauritius Operations

Mauritius Occupation Permit Application

The Mauritius Occupation Permit (OP) allows foreign nationals to reside and work in the country. Applications are made in one of three categories depending on the professional activities undertaken.

Criteria for Mauritius Occupation Permit

Investor: An initial investment of USD 50,000 in a freely convertible currency is required. For renewal of the Occupation Permit, the business must generate a minimum annual gross income of MUR 4 million starting from the third year of registration.

Professional: The minimum salary for the occupation permit is MUR 22,500. This occupation permit is valid for the duration of your employment contract. Professionals can apply for the permit for a maximum of 10 years. After 3 years on a professional occupation permit, you may be eligible to apply for a permanent residence permit in Mauritius.

Self-Employed: An initial investment of USD 35,000 in a freely convertible currency is required. The business must earn an annual income exceeding MUR 800,000 from the third year.

Residency for Foreign Professionals Employed by Multinational or Local Companies

Foreign professionals employed by multinational or local companies in Mauritius can apply for the OP, granting residency for the duration of their employment.

The permit is renewable for up to ten years with a valid contract, and a minimum monthly salary of MUR 22,500. Permit holders may invest in businesses but cannot work or hold majority ownership. Applications can be made remotely through the National Electronic Licensing System, initiated by the employer.

Short-term permits, valid for up to nine months, are also available.

Young Professional Occupation Permit (YPOP)

The Young Professional Occupation Permit (YPOP) enables recent graduates from recognised Mauritian tertiary education to work locally for up to three years, based on their employment contract duration.

Mauritius Premium Visa

The Mauritius Premium Visa permits non-citizens to reside in the country as tourists, retirees, or professionals working remotely for up to one year. Applications are submitted online at no cost and the visa is renewable. The applicant’s primary business and income must remain overseas; evidence of accommodation, valid travel and health insurance is required.

Permanent Residence Permit (PRP)

Mauritius offers a 20-year renewable Permanent Residence Permit (PRP) for expatriates, their dependents, and eligible family members. Eligibility criteria vary:

Investors: Applicants must have held a residence permit as an investor for at least three years prior to the PRP application.They must have generated an annual gross income of at least MUR 15 million for three consecutive years or an aggregate income of MUR 45 million over any consecutive three-year period.

Retirees: Applicants must have held a residence permit as a retired non-citizen for at least three years and must have transferred a minimum of USD 54,000 or equivalent in freely convertible currency to Mauritius during the three years preceding the PRP application.

Professionals: Applicants must have earned a minimum monthly salary of MUR 150,000 for three consecutive years while holding a valid occupation permit as a professional or work permit.

Self-Employed: Applicants must have earned an annual business income of at least MUR 3 million for three consecutive years prior to the PRP application. Eligible dependents include spouses, opposite-sex common-law partners, children and parents, supporting family unity.

Residency for Retired Non-Citizens

Mauritius provides a renewable 10-year Residence Permit for retirees aged 50 and above, subject to the transfer of at least USD 1,500 per month or USD 18,000 annually into a local bank account. After maintaining the residence permit for three consecutive years, retirees may apply for a 20-year Permanent Residence Permit (PRP), provided they have transferred a minimum of USD 54,000 during the three-year period. While retirees are allowed to invest in businesses, they are prohibited from engaging in employment or deriving any employment-related benefits.

Senior Living Residences

Mauritius’s Property Development Scheme (PDS) provides Senior Living Residences for individuals aged 50+, featuring independent living with amenities like health clubs and clubhouses. Approved projects allow non-citizens to acquire residential units or life rights, granting them residence permits for themselves and their partners, as long as they retain ownership or occupancy.

Mauritius