Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships:
You can visit our websites for more information about us: &
Today we’re bringing you a little-known and little talked about residency program – Mauritius Residency Visa.
This residency visa leads to permanent residency and citizenship after some time. We are talking about a self-employment visa – very simple and easy to qualify for. I’d personally compare it to Thai Elite Visa.
Mauritius is known as a tax haven in Africa but is not very popular in the western world. It’s a beautiful tropical island that’s famous for offshore banking.
How to qualify for this residency permit? As we already said, it’s quite easy. You should register as a self-employed person. In order to qualify you need to deposit 35 000 USD into the bank, pay the fees and start the process online remotely. There is no minimum stay requirement in order to keep your residency permit, which is great. Also, this residency permit will last you for 10 years!
The tax situation in Mauritius is quite favorable. First of all, there is no capital gains tax. If you’re an investor you could use Mauritius as your base for tax residency. Second of all, you can have your foreign income tax-free, if you don’t remit it to Mauritius.
Unlike some other tax havens, Mauritius is not often blacklisted by many countries which is a HUGE bonus.
In order to qualify for citizenship, you will need to actually live in the country for 3 years. In the last year before you apply, you’ll need to be there for 12 consecutive months. This passport is quite good, and is quite complementary to other passports that you’d commonly get in CBI programs.
Timestamps:
00:00 – Introduction
02:09 – Self Employed Residency Permit
03:40 – Requirements
04:50 – Tax Situation
07:36 – Citizenship
09:22 – Banking
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel