1. What is the process of obtaining citizenship by investment in Mauritius?

The process of obtaining citizenship by investment in Mauritius can be divided into the following steps:

1. Eligibility Check: The first step is to check if you meet the eligibility criteria for the citizenship by investment program in Mauritius. This includes a minimum age requirement, good health, and no criminal record.

2. Choosing an Investment Option: There are several investment options available for obtaining citizenship in Mauritius, such as real estate, business investment, or a non-refundable contribution to the National Development Fund. You must select the option that best suits your financial situation.

3. Preparation of Documents: You will need to prepare several documents proving your identity, source of funds, and other relevant information as required by the government of Mauritius.

4. Application Submission: Once you have all the necessary documents, you can submit your application along with the required fees to the Board of Investment (BOI) in Mauritius.

5. Due Diligence Check: Your application will undergo a due diligence check conducted by a government-approved agency to verify the authenticity of your documents and ensure that you have no criminal record.

6. Approval and Investment: If your application is approved after the due diligence check, you will need to make the necessary investment according to your chosen option (real estate or contribution). The BOI will issue an Investment Certificate upon receiving proof of payment.

7. Citizenship Ceremony: After the completion of all necessary requirements and background checks, you will be invited for a citizenship ceremony where you will take an oath and receive your certificate of naturalization.

8. Passport Application: After becoming a citizen of Mauritius, you can apply for a passport at the Passport and Immigration Office (PIO). The PIO usually issues passports within 1-3 months from date of application.

Note: It is important to note that each step may vary depending on individual circumstances and additional documentation or processes may be required during the application process. It is advised to seek the assistance of a professional immigration lawyer or consultant for a smooth and hassle-free process.

2. What are the main benefits of obtaining citizenship through investment in Mauritius?

1. Fast Track Process: One of the main benefits of obtaining citizenship through investment in Mauritius is the fast track application process. The application can be completed within 6 months, making it one of the fastest ways to obtain second citizenship.

2. Visa-Free Travel: As a citizen of Mauritius, you will have visa-free or visa-on-arrival access to over 140 countries including the European Union Schengen Zone, United Kingdom, and Canada.

3. Business and Investment Opportunities: Mauritius offers a stable economy and an attractive business environment with numerous investment opportunities in sectors such as tourism, real estate, and finance.

4. Tax Benefits: There are no capital gains tax or inheritance tax in Mauritius, making it an attractive destination for high net worth individuals looking to preserve their wealth.

5. Education and Healthcare: Citizens of Mauritius have access to high-quality education and healthcare facilities which are on par with international standards.

6. Multicultural Society: With its diverse population and multicultural society, living in Mauritius provides individuals with a unique cultural experience while still feeling at home.

7. Family Benefits: Citizenship by investment in Mauritius allows for dependents to also obtain citizenship, providing benefits such as educational opportunities and improved quality of life for families.

8. Dual Citizenship: Mauritius allows its citizens to hold dual citizenship without any restrictions, making it easier for individuals to maintain ties with their home country while also enjoying the benefits of Mauritian citizenship.

9. Stability and Security: The country has a stable political environment and a low crime rate, providing investors with a safe place to live and do business.

10. Retirement Destination: With its beautiful landscapes, mild climate, low cost of living, and favorable tax system for retirees, Mauritius is an ideal retirement destination for those seeking a peaceful and relaxed lifestyle.

3. How much is the minimum required investment for citizenship in Mauritius?

The minimum required investment for citizenship in Mauritius is $500,000 USD.

4. Are there any residency requirements for citizenship through investment in Mauritius?

Yes, there are residency requirements for citizenship through investment in Mauritius. Applicants must spend a minimum of 183 days per calendar year in Mauritius during the two years preceding the date of application. Additionally, applicants must maintain their investment and business activities in Mauritius for at least three years following obtaining citizenship.

5. What types of investments are accepted for citizenship in Mauritius?

The main types of investments accepted for citizenship in Mauritius are real estate, business development, non-refundable donations to a government fund, and investment in sovereign bonds. Other types of investments may also be considered on a case-by-case basis.

6. Is dual citizenship allowed in Mauritius?

Yes, Mauritius allows dual citizenship. Individuals can hold both Mauritian citizenship and another country’s citizenship at the same time.

7. Are there any language or cultural requirements for obtaining citizenship through investment in Mauritius?

There are no specific language or cultural requirements for obtaining citizenship through investment in Mauritius. However, applicants are expected to have a basic knowledge of the English language as it is widely spoken and used in business and government in Mauritius. Familiarity with the culture and customs of Mauritius may also be beneficial for successful integration into the local community.

8. Do I need to have a job offer or business plan to qualify for citizenship by investment in Mauritius?

No, a job offer or business plan is not required to qualify for citizenship by investment in Mauritius. However, applicants must invest in an approved real estate project or make a non-refundable contribution to the National Development Fund, in addition to meeting other eligibility requirements.

9. Can my family members also obtain citizenship through my investment in Mauritius?

Yes, your family members, including your spouse and children under the age of 24, can also obtain citizenship through your investment in Mauritius. They will have to meet certain eligibility criteria and go through the same application process as you.

10. What is the timeline for obtaining citizenship by investment in Mauritius?

The timeline for obtaining citizenship by investment in Mauritius varies depending on the specific program and the individual’s case. Generally, it can take anywhere from 3 to 6 months or longer to complete the necessary paperwork, undergo due diligence checks, and receive approval for citizenship. Following approval, a citizen certificate can typically be issued within a few weeks. It is important to note that this timeline may be subject to delays or changes based on government processing times and any additional requirements that may arise during the application process.

11. Can I invest in any industry or sector for citizenship purposes in Mauritius?

No, there are restrictions on the types of industries and sectors in which foreign investors can apply for citizenship in Mauritius. The government has identified priority sectors such as financial services, ICT, healthcare, education, and renewable energy for investment and citizenship purposes.

12. Is there a limit on the number of people granted citizenship by investment each year in Mauritius?

There is no specific limit set on the number of people granted citizenship by investment each year in Mauritius. However, applicants must meet all eligibility requirements and go through a rigorous due diligence process before their application can be approved. As such, the number of successful applicants may vary from year to year based on the demand and approval rate.

13. What level of due diligence is conducted when applying for citizenship through investment in Mauritius?

The level of due diligence conducted when applying for citizenship through investment in Mauritius is quite rigorous. All applicants are required to undergo a thorough background check, which includes a review of their financial history and criminal record. Additionally, applicants must provide detailed documentation to prove the legality and legitimacy of their source of funds for investment.

The due diligence process also includes an interview with the applicant, as well as interviews with business associates and references provided by the applicant. The Financial Intelligence Unit (FIU) of Mauritius will also conduct its own investigation into the applicant’s background to ensure that they do not pose any threats to national security or have any links to criminal activities.

Furthermore, a reputable and independent due diligence firm will be appointed by the government to carry out an extensive investigation on the applicant and all relevant parties involved in the investment process. This firm will assess the authenticity of all documents presented by the applicant and verify the source of funds for investment.

Overall, Mauritius takes citizenship through investment very seriously and has strict measures in place to ensure that only individuals who meet all eligibility requirements are granted citizenship.

14. Are children born to citizens through investment automatically granted citizenship?

No, citizenship is not automatically granted to children born to citizens through investment. The child may be eligible for citizenship if they meet the requirements set by the country’s laws and regulations related to citizenship by birth or descent. These requirements may include factors such as the duration of the investment, the amount invested, and whether the investor maintains a residence in the country. The child may also have to apply for citizenship and go through a process of verification before it is granted.

15. Are there any restrictions on which countries can apply for citizenship by investment in Mauritius?

Yes, there are restrictions on which countries can apply for citizenship by investment in Mauritius. Currently, citizens of Iran, North Korea, Somalia, Syria and Sudan are not eligible to apply. Additionally, citizens from other countries may also face restrictions based on diplomatic agreements between their country and Mauritius. It is recommended to consult with a lawyer or immigration specialist for more information about specific eligibility requirements.

16. Does receiving citizenship through investment grant me voting rights and access to government services?

Yes, receiving citizenship through investment typically grants you voting rights and access to government services in the same way as any other citizen. However, this may vary depending on the specific country and its laws.

17. Is it possible to lose my newly acquired citizen status if I fail to maintain my initial investment?

It depends on the specific rules and regulations of the country in which you acquired citizenship through investment. Some countries may have requirements for maintaining your investment or meeting certain conditions in order to retain your citizenship status. It is important to carefully review the terms and conditions of your investment-based citizenship to ensure that you are aware of any requirements and can maintain them in order to keep your citizenship status.

18. Can I include dependents such as parents or siblings on my application for citizenship by investment in Mauritius?

No, only the applicant’s spouse and minor children (under 18) can be included on the application for citizenship by investment in Mauritius. Parents or siblings are not eligible to be included as dependents on the application. Other adult children (over 18), parents, or siblings would need to apply separately for their own citizenship by investment.

19. Does holding another passport affect my eligibility for gaining full citizen status through investing in Mauritius?

No, holding another passport does not affect your eligibility for gaining full citizen status through investing in Mauritius. As long as you meet the investment requirements set by the government and are able to fulfill all other criteria, you may still be eligible for citizenship through investment in Mauritius.

20. Are there any tax implications associated with gaining economic residency and/or full nationality through investing in Mauritius?

Yes, there are tax implications to consider when gaining economic residency and/or full nationality through investing in Mauritius. As an investor, you may be subject to income tax on any profits or gains derived from your investment activities in Mauritius. Additionally, you may also be responsible for paying capital gains tax if you sell your investment for a profit.

Furthermore, as a resident or citizen of Mauritius, you will also be subject to the country’s tax laws and may be required to pay taxes on your worldwide income. It is recommended that you consult with a qualified tax professional for personalized advice regarding the specific tax implications of gaining economic residency and/or full nationality in Mauritius through investment.