Work, Invest and Retire in Mauritius

EVERYTHING YOU NEED TO KNOW TO MOVE TO MAURITIUS


November 8, 2022

Mauritius Retired non-citizen

Mauritius is a beautiful island nation in the Indian Ocean. It’s a popular tourist destination, but it’s also a great place to retire. If you’re a retired non-citizen, there are a few things you need to know before moving to Mauritius. Here’s what you need to know about retiring in Mauritius as a non-citizen.

These are immigrants who are at least 50 years old. They need to have a local bank account. For the residency petition, at least $1,500 must be transferred to this account. After acceptance, they must transmit the same monthly sum or $18,000 annually for a 10-year resident permit.

Annually, these retirees must provide evidence of their bank transfers to the economic development board. As a non-resident retiree, you are able to invest in a corporation, as long as you are not employed by it. Not managing it or not earning money from it.

There is also the possibility to apply for a 20-year extension of the non-citizen permit after 3 consecutive years.

Revised fees for retired non-citizen permit (July 2022) –1000USD

Now that we know more about Mauritius, its retirees, and its non-citizens, it’s time to take action. If you’re thinking about retiring to Mauritius, or if you’re already retired and living in Mauritius, make sure you understand the implications of your status. And if you’re a non-citizen of Mauritius, be sure to stay up-to-date on the latest news and developments. More on Retire in Mauritius.

Steven Author of gostartbusiness

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