The Mauritius Retired Non-Citizen Scheme
Category Living in Mauritius
THE MAURITIUS RETIRED NON-CITIZEN SCHEME
A much coveted tourist destination, the tropical island of Mauritius is fast emerging as a preferred destination for non-citizens looking for an enticing place to retire. With its all-year-round temperate climate, first-class infrastructure and harmonious environment, this rainbow nation with an affordable cost of living has opened its doors since 2006 to eligible non-citizens looking for a stress-free retirement.
A Retired Non-Citizen is defined as a person who is not a citizen of Mauritius and aged 50 years or older. A Retired Non-Citizen should make an initial transfer of at least USD 1,500 to a local bank account in Mauritius.
Thereafter, during the 3 years' validity of of the residence permit a transfer of at least USD 1,500 monthly or by instalments. The total of which shall be at least USD 54,000 or its equivalent. At the end of each year, the Retired Non-Citizen submits evidence of transfer of funds into a local bank account to the Economic Development Board.
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Author: RE/MAX 24