Retire in Mauritius‽ [#1 Guide]

Discover Mauritius, a tropical paradise offering an idyllic retirement haven. Obtain residency through the Retirement Residence Permit by transferring at least $18,000 annually or invest $375,000+ in approved real estate schemes like IRS, RES, PDS or SCS. Explore the Property Development Scheme (PDS) for purchasing, leasing or acquiring life rights in senior living projects. Enjoy a low cost of living from $2,000-$3,000 monthly for a couple, excellent affordable healthcare, and tax benefits with no inheritance, capital gains or worldwide income tax. Immerse yourself in the vibrant island lifestyle with beaches, nature reserves, golf courses, and a multicultural English-speaking community. This comprehensive guide walks you through residency options, financial requirements, application processes, and everything you need to comfortably retire in Mauritius.

Residency Requirements

  • To retire in Mauritius, the main option is the Retirement Residence Permit for foreigners over 50 years old.
  • You must transfer at least $1,500 per month (around $18,000 annually) to a local Mauritian bank account as proof of income.
  • You need to provide details on any other residences/tax residencies you may have in other countries. This will be shared with Mauritian tax authorities for CRS compliance.
  • You must submit your original birth certificate (in English/French or a certified translation).
  • A copy of the biodata/information page of your passport is also required.

Property Purchase Option

  • Alternatively, you can obtain residency by purchasing an apartment/property valued at $375,000 or more from an approved real estate development scheme like IRS, RES, PDS or SCS.

Cost of Living

  • Mauritius has a relatively low cost of living. A couple can potentially live comfortably on $2,000-$3,000 per month covering housing, utilities, groceries and dining out.
  • Healthcare is excellent quality and very affordable. However, imported goods can be pricey due to taxes.

Taxes

  • Mauritius has favorable tax laws with no inheritance tax, capital gains tax or tax on worldwide income for residents.

Lifestyle

  • Offers a tropical island lifestyle with beaches, nature reserves and amenities like golf courses.
  • English is widely spoken, pleasant climate year-round, vibrant multicultural society.

The application process is done online via the National Electronic Licensing System. Family members can potentially be included on the retirement residency permit as well.

documents needed for the mauritius residence permit listed in a tabel with all informations on needed documents

Retiring via the Property Development Scheme (PDS)

One pathway for foreign retirees to obtain residency in Mauritius is by investing in an approved residential development under the Property Development Scheme (PDS) for Senior Living projects. The key points based on the EDB guidelines are:

Acquiring Residential Property

  • Non-citizens aged 50+ can purchase a residential unit outright in a PDS Senior Living project
  • The purchase payment must come from funds transferred from outside Mauritius
  • Prices and payment schedules vary based on construction stage (plan, under construction, completed)
  • For properties purchased off-plan or under construction, the payment schedule is:
    • 25% upon signing
    • 10% after foundation work
    • 35% after roof constructed
    • 25% on completion
    • 5% on taking possession
  • The purchase can be financed through a Mauritius bank loan, but the first $500,000 must be paid in foreign currency

Leasing/Renting Options

  • Non-citizens can also lease or rent units in these projects on a long-term basis
  • This requires approval from EDB and submission of documents like lease agreements
  • A non-refundable EDB application fee of 20,000 Mauritian rupees applies

Acquiring Life Rights

  • Retirees can acquire a “life right” giving them the ability to live rent-free in the unit until death
  • No property ownership transfer, the PDS company retains ownership
  • An upfront payment is made for this life tenure right
  • The life right cannot be willed or transferred to anyone else
  • On termination, a portion of the upfront amount is refunded based on agreed terms

Residency Benefits

  • Acquiring property, leasing, or getting life rights qualifies the retiree for a residence permit
  • The permit can cover the retiree and their spouse/partner
  • No minimum investment amount is specified for the residency permit
  • Specific documents like birth certificates, medical certs etc. are required for the permit

Resale Options

  • Properties acquired under PDS can potentially be resold to eligible parties in the future
  • Notification to EDB is required 30 days prior to any resale
  • A 20,000 rupee EDB processing fee applies for resale applications

Other options

Work and Employment

  • Obtaining an Occupation Permit to take up employment in Mauritius
  • Setting up a business and getting an Investor Permit
  • Getting an Employment Permit sponsored by a Mauritian company
who can retire in mauritius question

Family

  • Spouse/Child of a Mauritian Citizen Permit
  • Joining a family member who already has residency in Mauritius

Investment

  • Investing at least $375,000 in an approved real estate scheme like IRS, RES, PDS to qualify for residency
  • The Mauritius Economic Citizenship program for obtaining citizenship by investment over $1 million

Education

  • Studying at a recognized tertiary education institution in Mauritius on a Student Visa

Other

  • The Permanent Residence Permit for foreigners who have held a residence permit for 3 years or more
  • The Residence Permit for Retired Non-Citizens under 50 years old (with higher financial requirements)

More Questions & Answers

What is the healthcare system like for retirees?

Mauritius offers excellent public and private healthcare facilities. Private insurance plans for retirees cost $1,000-$3,000 annually. Basic procedures are affordable, ranging from $10-$500.

How can retirees get around the island?

Public buses, taxis, ride-sharing services, and car rentals/purchases are available options. Some communities provide shuttle services for residents.

How can I open a local bank account and transfer funds?

Major banks offer non-resident accounts. Use wire transfers or services like TransferWise for fund transfers, which may have fees. Proof of funds source may be required.

What are the visa requirements and residency permit process?

Tourist visa required initially. Apply for Retirement Residence Permit or Property Development Scheme residency online via NELS, providing required documents.

What is the climate like, and are there any natural risks?

Tropical maritime climate with temperatures around 22-30°C year-round. Potential risks include cyclones (Mid Nov.-Mid May) and flooding during heavy rains

Steven Author of gostartbusiness

The Author

Got feedback, questions, or noticed something we overlooked? Share your thoughts in the comments—we're keen to learn and improve!

8 thoughts on “Retire in Mauritius‽ [#1 Guide]”

  1. Hi Steven,

    What are the advantages of obtaining a permanent visa by buying a house over $350,000 versus obtaining a 10 year retirement visa.

    Reply
    • To you Andrea, it all depends on what you want, just compare both and see what suits you best.

      Reply
  2. Hi Steven, Can the total amount deposited to a retiree’s Mauritian Bank account be repatriated if the retiree leaves Mauritius permanently, or to his/her estate, on death?
    Does the requirement to deposit of $1500 per month apply only to the retiree (viz. not to his or her dependent/s, as well).

    Reply
    • Steve, you should get your money back when leaving Mauritius, but to get the full answer to your question, you would better ask when you would apply for the process.

      Reply
  3. Hello,

    I would like to ask if there is a minimum number of days per year that one must reside in Mauritius to keep the retirement visa active?

    Reply
    • Not to my knowledge.

      Reply
  4. I am 54 years old Indian doctor and am interested in Mauritius retirement Visa. Please guide

    Reply
    • Hi Sunil, email me if anything is unclear to you.

      Reply

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