JJ Accounting Services in Mauritius- is a firm of professional accountants and legal advisers with over 30 years’ experience and we would like to assist those who are considering to relocate to Mauritius for retirement or business purposes. We may assist on the following aspects:
Application of Residence Permit and Occupation Permit in Mauritius;
Tax Compliance Services in terms of VAT and Income Tax;
Accounting Services; and
Incorporation and Management of Domestic Companies.
We can assure you that you will receive the 5-star service offered by the leading firms at a much reduced price.
OCCUPATION PERMIT (WORK PERMIT)
The Occupation Permit allows the holder to work and live in Mauritius for up to three years, after which the permit may be renewed.
For the Investor & Self-Employed categories, Samina can assist you with the setting up and establishment of your local company as well as all related administrative and legal procedures.
The proposed business activity should generate an annual turnover exceeding MUR 4 million. The initial investment must be USD 100,000 payable in a local bank account.
The applicant must be under a contract of employment with a basic monthly salary exceeding MUR 30,000.
The annual income from the proposed business activity should exceed MUR 600,000 annually with an initial investment of USD 35,000 or its corresponding convertible foreign currency payable in a local bank account.
PERMANENT RESIDENCE PERMIT
The Permanent Residence Permit authorises a non-citizen to live and/or work in Mauritius. The permit is renewable after 10 years. A non-citizen who has been granted a permanent residence permit entitled purchase an apartment for his private residence. Samina is ready and pleased to assist you in achieving this purpose.
Applicant must have held an Occupation Permit for 3 years prior to the date of application for the PRP. Applicant’s company’s turnover must have been more than MUR 15 million annually during each of the 3 years in respect of each shareholder of the business.
Applicant must have held an Occupation Permit for 3 years prior to the date of application for the PRP Applicant’s basic monthly salary must amount to at least MUR 150,000 during the entire 3 year period.
A self-employed having held an Occupation Permit for 3 years immediately preceding the date of application for Permanent Residence Permit and whose income exceeded MUR 3 million annually.
A retired non-citizen having held a Residence Permit for 3 years and who has transferred to Mauritius USD 40,000 or its comparable currency annually during each of these 3 years.
RESIDENCE PERMIT FOR RETIRED NON-CITIZEN
The Residence Permit for Retired Non-Citizen enables a retired non-citizen to reside in Mauritius for 3 years after which the permit may be renewed.
Criteria for Eligibility:
To be eligible for a residence permit, the applicant should satisfy the following criteria: Be at least 50 years old; Make an initial transfer of at least USD 40,000, or the equivalent in convertible foreign currency when first settling in Mauritius. Transfer at least USD 40,000, or its equivalent in convertible foreign currency, per annum to his/her local bank account in Mauritius per annum
Terms & Conditions:
A holder of a residence permit for retired non-citizen and his dependents are not allowed to work in Mauritius. The permit holder is not allowed to remit to his country of origin or any country abroad the funds transferred into Mauritius or any balance thereof, except where the residence permit is cancelled. The individual should submit annually a statement from his local bank about the transfer of funds from abroad to his local account, along with a certificate to the effect that no money has been sent overseas from the account.