Retire in Mauritius - Tax Free

Mauritius welcomes those who wish to retire, in a safe environment, where you can relax and enjoy life on our beautiful beaches. With on-going developments in Smart Cities, Health Care and Safety, our services are always improving.

Retirement in Mauritius

With just USD 1,500, you can benefit from a 10-year Residence permit and live in a peaceful environment.

The Resident permit allows you to apply for a 20-year Permanent Residence Permit after 3 consecutive years.

About the Scheme

• A Retired Non-Citizen is defined as a person who is not a citizen of Mauritius and aged 50 or above.

• A Retired Non-Citizen should make an initial transfer of USD 1,500 or its equivalent in freely convertible foreign currency in his/her local bank account at the time of issuance of the Permit.

• Thereafter, the Retired Non-Citizen should transfer at least USD 1,500 monthly or the aggregate of USD 18,000 per year or its equivalent in freely convertible currency during the 10 years validity of the occupational permit.

• At the end of each year, the Retired Non-Citizen must submit to the EDB (Economic Development Board) the evidence of transfer of funds into his/her local bank account.

Right to Invest as a Retired Non-Citizen

A Holder of a Residence Permit as Retired Non-Citizen may invest in any business provided that:

1. He/She is not employed in the business.

2. He/She does not manage the business.

3. He/She does not derive any salary or employment benefits from the business.

Dependents

The Dependents of the Retired Non-Citizen with a valid Resident Permit, is also eligible to apply for a Residence Permit. Dependents are defined as Spouse (including common law partner of the opposite sex), parents and children including step children or lawfully adopted children, under 24 years of age.

Notes:

• In case the depend wishes to work in Mauritius, he/she will have to apply for a work permit or an Occupational Permit, as the case may be.

• The Retired Non-Citizen should also provide information on other residences that he/she may have in other jurisdictions, including tax residences. This information will be shared with the Mauritian Tax Authority to be in line with the prevailing Common Reporting Standard (CRS) adopted by the Republic of Mauritius.

• All applications are now done online.

Retire in Mauritius Tax Free

You are not taxable on funds being transferred to Mauritius. There is also absence of taxation on wealth and inheritance tax.

You can therefore Retire in Mauritius Tax Free