Mauritius is blessed with favourable weather conditions for approximately eight months of the year. An island paradise of translucent waters, white sand beaches, a tranquil and harmonious atmosphere, ever-improving infrastructure, and a reasonable cost of living makes it a fantastic option for investment and relocation.
There are two ways for high nett-worth individuals (HNWIs) to obtain an additional passport or Mauritius citizenship by investment.
The Mauritius Investment Corporation Ltd was established in 2020 as a Sovereign Wealth Fund in Port Louis, Mauritius.
The Mauritius Sovereign Fund will accept a non-refundable investment of $1 million from foreigners who want to become citizens of Mauritius. For an extra USD 100,000 per passport (non-refundable), investors can include their spouse and any dependant children.
USD 500,000 to the Mauritius Sovereign Fund is required in order to obtain a Mauritian passport. Additional contributions of USD 50,000 (non-refundable) per passport can be made to obtain passports for the investor’s spouse and dependant children.
The Sovereign Fund scheme gives investors the opportunity to be naturalised and apply for citizenship after living in the country for two years.
The favourable tax structure in Mauritius is an attractive prospect for investors in the Mauritius citizenship programme. Residents of Mauritius benefit from significant tax breaks. The full corporate tax rate is 15%, although tax benefits for multinational investors and enterprises result in an effective rate of just 3%. Mauritius also has no capital gains tax or dividend withholding tax.
An Attractive Investment Opportunity
Over 1 and a half million tourists choose Mauritius as a destination annually. The island boasts picture-perfect scenery, and the Republic of Mauritius is a stable democracy with well-established regulatory frameworks, low crime rates, robust economic development, and a well-respected financial sector. Furthermore, it is regarded as one of Africa’s most advanced investment ecosystems boasting more than $44 billion in total wealth held in Mauritius with a per capita income of $33,000, making it the wealthiest nation in Africa.
A Seamless Immigration Solution For Investors
Investment is something that can never be taken lightly; it’s a decision that takes strategy and a certain amount of skill. Move to Mauritius was formed as a solution for investors and those wishing to immigrate without having to face the overwhelming paperwork and processing that comes with immigration.
Our seasoned and organised team of professionals understand the intricacies of immigration and has a well-established network within Mauritius to make the move as seamless as possible. If you’re looking to be part of a rapidly growing economy, providing your family with safety, security and premium quality of life, citizenship by investment in Mauritius may be the perfect solution. Get in touch today.