The Premium Visa is a great opportunity to stay on the beautiful island of Mauritius – a COVID-safe destination

The Premium Visa is a great opportunity to stay on the beautiful island of Mauritius – a COVID-safe destination.

In the current situation, frequent travelers, retirees, independent business people are looking for safer destinations to stay and live.

The Premium visa is ideal for travelers that would like to have a long stay on the island, or entrepreneurs or retirees who would like to test the waters for possible long-term installation; simply for anyone wishing to explore this beautiful country.

The advantage of the climate and COVID-safe status of the island, retirees seeking to live in our secure environment and investors and professionals wishing to work remotely from a secure environment offering good quality of life.

A great opportunity to check out the island, the premium Visa is easy to obtain, and the application procedure is very simplified.

To qualify for the Premium Visa, interested visitors must provide a plan of their long-term stay with accommodation reservation, subscription to health insurance and the relevant financial means for the initial period of stay.

All applicants must ensure that they have sufficient funds to meet their needs for the entire duration of their stay, that is, a minimum amount of USD 1500 / EUR 1300 or equivalent monthly per person and EUR 400 / USD 500 for each dependent under the age of 24, depending on the prevailing exchange rate. This can be in the form of a bank statement to attest to the availability of funds in the individual’s account.

Applicants must also prove that they do not intend to enter the labor market in Mauritius and they will solely be receiving income from foreign sources. Their employer must be based outside the territory of Mauritius.

The Premium Visa is issued free of charge, there is no application fee. It should be noted that all travelers must comply with the health protocols established by the Ministry of Health and Welfare.

People staying in Mauritius on a tourist visa are also allowed to apply for a Premium Visa foreigner, staying under a Business Visa in Mauritius, may submit his application for the Premium Visa provided that he does not receive any income in Mauritius.

The Premium Visas is valid for a period of one year, renewable.  Premium Visa holders are also eligible for applying for an Occupation Permits later if they wish to work, invest or settle for long-term retirement in Mauritius.

Personal Taxation in Mauritius

If the money is spent in Mauritius, through the use of foreign credit or debit cards, the Visa holder would not be liable to tax in Mauritius. A person becomes a tax resident in Mauritius (and therefore is liable to tax in Mauritius) if he spends 183 days or more in the country.

Real Estate

The Mauritian government has also set up different real estate schemes to allow the holder of the Premium Visa to invest legally. The foreign national can therefore acquire property under one of the designated programs, namely, the Integrated Resort Scheme (IRS), the Real Estate Scheme (RES), the Property Development Scheme (PDS) and the latest program, the Smart City Scheme (SCS), which gives the possibility of investing in a commercial project as well as a residential unit, or in land. It is also possible to buy an apartment located in a building of at least two floors.

Schooling

Foreign couples can obviously enroll their children in a private school during their stay. The Mauritian education system is divided into three main stages: primary, secondary and higher education. Private schools offer the French and English educational system. It should be noted that Mauritius hosts one of the largest networks of French schools in the region. Several options are therefore available.

We can assist you with the application for your Premium Visas or with any other related service.

We offer a number of value-added services to our clients wishing to immigrate to Mauritius or to hold a second home.

Do not wait any longer to get your plan into execution, contact us