Mauritius Launches a Fast-Track Golden Visa with Approval in 5 Days

More wealthy foreigners are coming to Mauritius to run a business in the country. A residence by investment programme is being launched for them, offering an opportunity to relocate an existing business or invest in local companies^[1]

Golden Visa launch, Government of Mauritius

The country has set a quota of 100 visas a year. The investor’s spouse and financially dependent children will be eligible to move to the country with them.

The minimum investment amount is $1 million. Foreign investors and their relatives will have access to a dedicated concierge service, which will help with relocation, finding an investment sector, and obtaining a residence permit.

The visa will be valid for 2 years and can be renewed multiple times.

Benefits. Mauritius Golden Visa holders will be able to:

• use concierge services;
• open bank accounts in Mauritius;
• invest in developing sectors of the economy, such as artificial intelligence and digital services;
• buy real estate;
• enrol their children in schools and universities;
• relocate pets;
• use tax incentives.

Investors are expected to be able to buy government-approved real estate. This is intended to prevent property prices from rising for local residents.

The new programme is not yet in force. The Government of Mauritius is preparing the legal framework and developing the requirements for foreigners.

1. Mauritius is an island state in the Indian Ocean, off the east coast of Africa. The country has a stable economy, a developed financial sector, and favourable conditions for international business.

2. Mauritius has a population of around 1.24 million people, most of whom live on the main island and in the capital, Port Louis.

3. The country’s official language is English. French and Mauritian Creole are often used in everyday life.

Mauritius attracts foreigners with its political stability, modern banking services, and growing economic sectors, from fintech and digital services to biotechnology and renewable energy.

European Golden Visas are obtained by investors who want to travel across the Schengen Area without visas, give their children access to education at European schools and universities, diversify assets, and obtain citizenship of an EU country by naturalisation.

Greece and Cyprus offer residence permits by investment in real estate, while Portugal offers them by investment in funds and culture.

In Malta, foreigners can obtain permanent residence by investment. However, this is not a Golden Visa, but a separate government programme with multi-stage Due Diligence and several obligatory requirements.

The Immigrant Invest team will help choose the optimal programme, prepare the documents, and obtain a residence permit abroad based on the family’s and business goals. The company’s in-house Compliance Department reduces the risk of rejection to 1%.