Mauritius targets 100 Golden Visa approvals with $1 million investment commitment

What Mauritius’s Golden Visa requires

Mauritius is moving ahead with a Golden Visa for high-net-worth applicants that asks for a $1 million investment commitment within 12 months of arrival. Cabinet approved the program on April 10 and Prime Minister Navinchandra Ramgoolam outlined it in parliament on May 5.

The plan targets 100 approvals a year once it's fully running. Applicants must sign a written undertaking to invest in priority sectors including fintech, AI, biotechnology, renewable energy and global treasury or family offices. Processing is aimed at 5 working days through the Economic Development Board and there are no processing fees.

Who it affects

The visa is aimed at wealthy families planning to relocate, not tourists or digital nomads. It gives multiple-entry access for the principal applicant, spouse and dependent children, but it does not grant automatic work rights.

Golden Visa holders can later move to an Occupation Permit if they want to work in Mauritius. If they spend 183 days or more in the country, they become tax residents and face a 15% flat rate, with exemptions on foreign card spending and pre-taxed remitted income.

What applicants need to do next

Applications go through the Economic Development Board portal with a due-diligence check and an investment pledge. The initial stay is limited to EDB-approved hotels or rentals so the program doesn't add pressure to local housing.

The investment must follow within 12 months of arrival and non-compliance can put visa status at risk. Mauritius is still expected to monitor the first approvals closely, so applicants should watch for the official EDB rollout before filing. For broader coverage, see our visa updates and read our full Mauritius guide for the complete picture.