Mauritius has launched a new Golden Visa program targeting high-net-worth individuals, entrepreneurs, and international investors, requiring a minimum US$1 million investment within 12 months of approval. The program is expected to accept around 100 applicants annually, generating significant new capital inflows for the country.
• Investments are encouraged in strategic sectors, including financial technology, artificial intelligence, biotechnology, renewable energy, advanced services, and international business operations. • The program aims to attract both capital and expertise, supporting economic transformation and positioning Mauritius as a regional business and financial hub. • Mauritius offers political stability, a bilingual workforce, English-based legal framework, modern infrastructure, quality healthcare, international schools, and high-quality residential communities. • Golden Visa holders spending over 183 days annually in Mauritius become tax residents at a flat 15% income tax rate, with exemptions on expenditures made via foreign cards and on income already taxed abroad. • The government aims for a five-working-day processing time using a multi-agency due diligence framework, including background checks, compliance reviews, and oversight by financial and immigration authorities. • Housing is managed to avoid market pressure: initial residency in rentals or approved developments, with future property acquisition limited to government-designated schemes.
Takeaway: Mauritius’ US$1 million Golden Visa provides fast processing, tax efficiency, strategic investment opportunities, and controlled residency to attract global investors while supporting long-term economic growth.
Source article: outboundinvestment.com
