Permits in Mauritius Retired : A Retired Non-Citizen is defined as a person who is not a citizen of Mauritius and aged 50 years or above . 1 . A Retired Non-Citizen should make an initial transfer of at least USD 1,500 or its equivalent in freely convertible foreign currency to his / her local bank account in Mauritius . 2 . Thereafter , the Retired Non-Citizen should transfer at least USD 1,500 monthly or the aggregate of at least USD 18,000 per year or its equivalent in freely convertible foreign currency during the 10 years ’ validity of the residence permit . 3 . At the end of each year , the Retired Non-Citizen should submit to the Economic Development Board , the evidence of transfer of funds into his / her local bank account .
FAQs about applying for a Permanent Residence Permit ( PRP ) 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 . 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 , for any consecutive period of 3 years . 2 . Professional : Holds an OP for at least 3 years with a basic monthly salary of at least MUR 150,000 for 3 consecutive years . 3 . Self-Employed : Holds an OP for at least 3 years with an annual business income of at least MUR 3 million for the 3 consecutive years . 4 . Retired Non-Citizen : Holds an RP for at least 3 years with transfer of at least USD 54,000 or its equivalent in freely convertible foreign currency for the period of 3 years . An investor who invests at least USD 375,000 in a qualifying business activity is also eligible to apply for the 20-year residence permit . Qualifying activities : Agro-based industry , Audio-visual , Cinema and Communication , Banking , Construction , Education , Environment-friendly and green energy products , Financial Services , Fisheries and Marine Resources , Freeport , Information Technology , Infrastructure , Insurance , Leisure , Manufacturing , Marina development , Tourism and Warehousing , Initial Public Offerings . Existing OP / RP holder ’ s eligibility for PRP 1 . A non-citizen holding OP / RP for at least 3 years and whose OP / RP is valid on 1 September 2020 is eligible for a 20-year PRP . The eligibility conditions will be that of OP / RP criteria for renewal . Does my eligibility for a Residence Permit extend to my family too ? Yes , it does . Your spouse and children ( younger than 24 years ) are eligible for a RP . Your unmarried partner will get a residence permit , instead . This needs to be renewed annually .
A PRP is valid for ten years . What happens after that ? You can apply for another 10-year permit providing you meet the required criteria .
When can I start purchasing immovable property in Mauritius ? If you currently hold a RP and earn more than MUR 100,200 per month , you can purchase an apartment for residential purposes . The apartment should belong to a block of residential units in a building that exceeds two stories , excluding the ground floor .
How does the Board of Investment keep a tab on whether individuals are continually following the strict criteria required for a PRP in Mauritius ? Holders of PRPs , excluding retired expats , are required to file an annual tax return with the Mauritius Revenue Authority . In addition to this , all employers must register their employees with the tax office . This allows the authorities to check whether an individual ’ s annual returns meet their criteria . To maintain accuracy , audited company accounts and pay slips may also be requested . The Board of Investment collaborates with the Tracking Team of the Passport and Immigration Office to carry out frequent joint inspections . Retired expats will be asked for an authentic certificate from their bank to prove that the required funds are being transferred to their Mauritian bank account every year , in line with the PRP regulations .