Mauritius retired permit: How to retire in Mauritius

Foreigners looking to retire in Mauritius can apply for the 10-year retired permit. To qualify, foreign retirees must be over 50 years old and show a monthly income of at least USD 1,500 or a minimum amount of USD 18,000 in their bank account. There is no minimum time requirement to spend in Mauritius for the retired permit to be valid. A lot of foreigners use this retired permit as a backup residence permit. The retired permit can be renewed for another 10 years. 

Foreign retirees also have the option to apply for a 20-year Permanent Residence Permit after 3 years on the retired permit, subject to fulfilling financial requirements. Alternatively, foreign retirees can obtain a Mauritius retired permit by buying a property worth at least USD 200,000 in a PDS scheme. The third pathway to retire here is the premium visa. Retirees can apply for the 1-year premium visa by showing a monthly income of USD 1,500. To receive guidance and advice regarding the best way to retire here, get in touch with our partner for all matters related to relocation, company set-up, and real estate.

Why Choose a Mauritius Retired Permit?

The Mauritius retired permit offers numerous benefits, including retirement-focused facilities such as on-site medical services and assisted living. Retirees with a Mauritius retired permit can invest in Smart Cities and luxury developments with nearby amenities like restaurants, cafes, and spas. Medical facilities in Mauritius have significantly improved over the years. The island boasts five public hospitals and more than 30 private clinics, offering high-quality healthcare services. Foreigners with a Mauritius retired permit typically opt for private clinics, and it is advisable to consider private health insurance. With enhanced retirement facilities and services, obtaining a Mauritius retired permit has become increasingly convenient for foreigners. This island paradise makes it easier than ever to enjoy a peaceful retirement. 

Mauritius Retired Permit Requirements

To secure a Mauritius retirement permit, you must be at least 50 years old and meet one of the following financial requirements: show USD 18,000 or a minimum monthly income of USD 1,500 in your bank account. Government officials are now stricter when it comes to satisfying financial requirements. Moreover, to apply for the retired permit, you will also need to provide a police clearance certificate. Navigating these requirements can be stressful and can impact the timeline of the whole procedure. One of our partners, specialising in relocation services, provides permits application assistance as well as relocation assistance to foreigners. As part of their assistance, they can introduce you to service providers, such as real estate agents, banks, business advisors, and others. Get in touch with them.

Retired Permit Regulations

Investment Rights

Holders of a Mauritius retired permit have the right to invest in local businesses if they do not actively work for or receive income from these ventures. They can also buy property valued over USD 200,000 through the Property Development Scheme, which supports senior living arrangements and leads to permanent residency for those looking to obtain a Mauritius retired permit.

Working Rights

Holders of a Mauritius retired permit can work remotely but need an Occupation Permit to work for a local company. Switching from a retired permit to an occupation permit is easy if retirees decide to seek local employment. The latest 2024-2025 budget has announced that Mauritius retired permit holders can work in Mauritius without a separate Occupation Permit. However, this is yet to become law.

20-Year Permanent Residence Permit

One benefit of the Mauritius retired permit is that it offers permanent residency if you transfer at least $54,000 during the three years before applying. This option allows you to extend your stay for another 20 years with a Permanent Residence Permit.

1-Year Premium Visa

The Mauritius Premium Visa is another option—a long-term travel visa that allows you to stay in Mauritius for one year and is renewable. To obtain this visa, you must earn at least USD 1,500 per month and be from an eligible country listed on the EDB website. You will also need to show proof of accommodation and health insurance for your stay. You are, however, not allowed to work in Mauritius; your income should come from outside the country.

Best Places To Live with a Mauritius Retired Permit

Most foreigners who obtain a Mauritius retired permit prefer to live in the North or the West. The North provides more facilities and easier access to the Centre, where the largest hospitals are located, making it an attractive option for those looking to stay in Mauritius. Mauritius offers various options for retirees to live in, from bustling urban areas to peaceful rural settings. Popular cities like Grand Baie and Pereybere (North) are well-loved for their amenities and vibrant communities. On the other hand, quieter areas such as Tamarin and Black river (West) offer a more relaxed pace of life. Choosing between these locations depends on your personal preferences and lifestyle when considering where to settle with a Mauritius retired permit. To learn more about the various aspects to consider when living in Mauritius, click here [living in Mts article].

Expert Guidance and Relocation Services

For matters related to relocation, company set-up, and real estate, get in touch with our partner here. They offer personalised consultations and can provide advice on the appropriate permit or visa for relocating to Mauritius. They can also assist in finding and purchasing property and help in setting up companies or trusts. Their comprehensive services include assembling necessary documents and handling applications on your behalf. Additionally, they assist with relocation tasks such as choosing the right school, accommodation, insurance, and suitable locations to live in. They can also extend their expertise with further business advice and support as required.