Different types of permits that you can apply for in Mauritius.
The Occupation Permit (OP) is a combined work and residence permit which allows foreign nationals to work and reside in Mauritius under 3 specific categories namely:
- Investor including Investor for innovative start-ups;
- Professional; and
Foreign nationals, above the age of 50 years, may also choose to retire in Mauritius as retired non-citizens. Such nationals shall be issued with a Residence Permit as Retired Non-Citizens.
An Occupation Permit (Investor and Self-employed) and Residence Permit as Retired Non Citizen shall be issued for a maximum period of ten years, renewable thereafter as per established criteria.
An Occupation Permit under the Professional category shall be issued for a maximum period of three years depending on the duration of the contract of employment, renewable thereafter as per established criteria.
Dependents of OP holders or Retired Non-Citizens may also apply for residence permit for a duration not exceeding that of the main holder.
Under the Immigration Act, an Investor means:
a person who is not a citizen of Mauritius, an association or body of persons, whether corporate or incorporate, the control or management of which is vested in persons who are not citizens of Mauritius and registered as such with the Economic Development Board.
Options and criteria
An investor is eligible to apply for an OP under the following options:
Option 1 (Normal):
An initial transfer of USD 50,000 or its equivalent in freely convertible currency in the bank account of the company under which the application will be made.
Option 2 (Net Asset Value):
Net asset value of at least USD 50,000 or its equivalent in freely convertible foreign currency, for existing businesses and businesses inherited and a cumulative turnover of at least 12 million rupees during the 3 years preceding the application.
Option 3 (High Technology Machines & Equipment):
An initial investment of USD 50,000 or its equivalent in freely convertible currency, of which:
- a minimum transfer of at least USD 25,000 to the bank account of the company under which the application will be made
- the equivalent of the remaining value in high technology machines and equipment, subject to such criteria as the Chief Executive Officer may determine, such as:
- The high technology machines and equipment will be evaluated based on the invoice issued by the supplier and a report from a recognized Chartered Valuator in the country of origin.
- In case the high technology machines and equipment is yet to be shipped to Mauritius, the investor should submit the bill of lading to the Occupation Permit Unit at time of submission of the application.
- Investment in high technology machines and equipment must be in a qualifying activity including but not limited to agro-industry, aquaculture, healthcare, ICT-BPO, fin-tech, life sciences, biotechnology, manufacturing, ocean economy and renewable energy.
- The investor should transfer the remaining balance in freely convertible foreign currency in case the value of the high technology machines and equipment is less than that submitted on the invoice and bill of lading, when being evaluated by the Custom Department in Mauritius.
- The high technology machines and equipment must be used for the proposed business activity.
For renewal of an OP in the Investor category, the company should generate a minimum gross income of 4 million rupees per year as from the third year of registration.