CITIZENSHIP AND RESIDENCY PROGRAMMES
A selection of alternative residency and citizenship investment programmes to consider.
Citizenship in Mauritius is possible through investment of $375,000 into real estate and following a period of residency. The period of residency required is 7 years or 5 years for nationals of a commonwealth country. The residency period can be reduced to 2 years following an increased investment level of $500,000.
The programme itself is not overly expensive and compares favourable with alternatives in Europe, but less favourable than say the Caribbean, where citizenship through investment in real estate can typically be from $200,000.
The key however is that this is not a direct citizenship by investment programme. Unlike the Caribbean programmes it requires a period of permanent residency. However for those looking at residing and relocating to Mauritius then such terms may well be of interest.
Mauritius passport holders already enjoy visa free access to the UK and Schengen zone countries.
Mauritius holds Africa’s highest ranking passport, with visa-free access to 159 countries worldwide. This covers 61.9% of the world’s GDP, and overall ranks 47th in La Vida’s 2024 global passport rankings. It compares favourably with Caribbean countries offering passport by investment programmes.
High Net Worth Investors for the Mauritius citizenship programme may be attracted by its generous tax regime. Resident companies in Mauritius enjoy significant tax benefits. The full corporation tax rate is 15%, although tax credits applying to global businesses mean an effective rate of just 3%. There is also no capital gains tax in Mauritius and no withholding tax on dividends.
Please contact us for further details on the Mauritius citizenship investment programme.
A selection of alternative residency and citizenship investment programmes to consider.