BENEFITS OF LIVING IN MAURITIUS
Mauritius, known officially as the Republic of Mauritius, is an island nation located off the southeast coast of the African continent in the Indian Ocean. It is a volcanic island of lagoons and palm-fringed beaches with coral reefs surrounding most of the coastline.
Mauritius is not just a holiday paradise in the Indian Ocean, it is also a good example of positive development that serves as a role model for other African countries. Mauritius is a flourishing democracy with an independent legal system and, thanks to its stability, an economic success. Precisely for these reasons, many South Africans have chosen to emigrate to Mauritius on a permanent basis to benefit from the country’s financial and tax securities.
Furthermore, Mauritius’ infrastructure, reliable private and public facilities, and free access to public education has made the country even more attractive to South African nationals who are seeking for a place not far from home with better service delivery for one’s children and elderly. To add to the financial and tax benefits, and increased quality of life, it provides a beautiful sight and a taste of island life.
Beneath the natural beauties of Mauritius’s landscape, lies another gem: the Mauritian culture. A diverse range of different customs and traditions coexist in Mauritius, originating from the different cultures of people from Europe, India, China and Africa who, during the last 400 years, have settled on these shores.
How can I reside in Mauritius?
In order to encourage economic growth in Mauritius, the government has implemented various options to attract foreigners who would like to settle in Mauritius. You may qualify to reside in Mauritius as an investor provided you invest a minimum of 50,000.00 USD in a Mauritian company. Alternatively, a self-employed individual who would like to reside in Mauritius and continue to run your business, which qualifies you for an Occupation Permit should you transfer at least an 35,000.00 USD into your registered Mauritius business. Lastly, you may retire in Mauritius should be over the age of 50 and have minimum 1,500.00 USD available in free convertible currency on a monthly basis.
How to make my stay in Mauritius permanent?
There are various options to apply for a permanent residence in Mauritius, which is now valid for up to 20 years, however, it is important that you understand the qualifying criteria, to ensure that after obtaining your initial occupation or residence permit from the Economic Development Board, which is valid for a period of 10 years, you can successfully apply for permanent residence in Mauritius. Essentially, one does not immediately qualify for Permanent Residence in any of the categories of Investor’s, Retired Person Permit, Occupation Permit as a Professional, or Occupation Permit as a Self Employed individual unless certain criteria are met. As such, before embarking on your journey to Mauritius where the end goal is to obtain Permanent Residence, please ensure that you are well-informed on how you may make your stay in Mauritius permanent depending on your chosen avenue into Mauritius.