Choosing to live in Mauritius will give you access to multiple benefits, including an idyllic tropical climate year-round, a favourable tax regime which included no inheritance, wealth or capital gain tax and tax treaties with 43 countries to avoid double taxation of income.
A low cost of living, a stable political system, international schooling and a healthcare system that meets international standards allow a growing number of retirees and professionals to invest, work and live in Mauritius.
Non-citizen over the age of 50 may apply for a renewable 3-year residence permit under the retired non-citizen (RNC) scheme.
the value we offer
Exclusive Members get access to the finest service from dedicated PAs and Concierge Service professionals to cater for every aspect of your life, from redesigning your home to booking a personal trainer or a chef.
Palm and Sand Villas can assist wealth managers, financial advisors and family offices who serve high-net-worth individuals by giving them access to its portfolio of hand-picked professional experts for the set up of trusts or for succession planning purposes.
They will advise private clients and professionals globally, including investors from the UK, France, South-Africa, China, India... and will tailor services to the investors' specific needs and long-term goals.
To be eligible for a residence permit for retired non-citizen, the applicant must be 50 years of age or above and must undertake to transfer to a local bank account in Mauritius at least USD $40,000 annually or its equivalent in any convertible currency - Euro, US Dollars or Sterling. Investing and living in Mauritius can be very attractive and retired non-citizen property investments are on the rise.
Retire through property investment
You may also automatically qualify for a residence permit in Mauritius upon purchasing a property with a minimum value of USD $500,000 under one of the various schemes (PDS) that are open to foreign buyers.
Foreign Nationals can acquire properties in condominium development of at least two levels above ground G+ 2 with the minimum value of USD $500,000 which may qualify them and their dependence (spouse and children under the age of 24) for a residence permit.
The permit is valid for as long as you hold the property. Another option is to buy shares in high-end retirement accommodation, mostly run by renowned international operators.
You may apply for a residence permit if you are a non-citizen of Mauritius aged 50 years or more. You must make an initial transfer of at least USD $35,000 to your local bank when first settling in the country.
For your application to be examined, you should request a tourist visa for a minimum period of one month on arrival in the country. Your dependents must also hold a tourist visa for the processing of their application and are entitled to a residence permit valid for the same period as yours.
connecting the world
Travelling from Europe or connecting to Africa and Asia is easy with accessible air access. The France Mauritius air corridor offers direct flights from Paris and other major cities in France and all over Europe. Air Mauritius also connects to Asia through Singapore to reach new air routes to China, India, Japan and Malaysia in an average flight-time of 7 hours.
why mauritius attracts....