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Wednesday, March 17, 2010

New permit conditions

5 comments:

Anonymous said...

Article in the L'Express newspaper on Saturday, 6th March 2010

NEW CONDITIONS FOR FOREIGNERS

The government has decided to review the conditions related to the installation on foreign soil Mauritius. Deputy Prime Minister and Minister of Finance will shortly
modifications to the regulations governing the granting of work permits and residence investors, professionals and retired foreigners wishing to settle in Mauritius.

For foreign investors, besides an annual turnover exceeding Rs 4 million, they will make an initial investment of USD 100 000, or equivalent convertible foreign currency.
As for foreign professionals, they must first pay justification of Rs 75 000 per month to be allowed to work in Mauritius.
In the case of foreigners working for themselves, they must, in addition to annual revenues of Rs 600 000, make an investment of USD 35 000, or equivalent convertible foreign currency.

Regarding retirees, they will make an initial transfer of at least 40 000 USD or equivalent in convertible foreign currencies, at their facility in Mauritius earth.

Anonymous said...

I believe that these new working permit conditions only apply to new applicants(to be confirmed by the BOI)

ExpatMauritius.com Team said...

Dear All,

Please note as of the BOI, the new regulations on occupation/ residence permits will be applicable as from this Monday 29 March 2010.

Anonymous said...

I find it astonishing that the government has doubled and a half the minimum salary expectancy for expats. What are your thoughts on it?

Anonymous said...

Hello ALL,
I'm eager to look forward to Mauritius for settling down ,but i am confused aobut for professionals required to pay 75,000MUA Monthly to woek in Mauritius ,so I need to pay 75,000 to the govt montlhy..is tihs true?