A foreign national may apply for an Occupation Permit as an investor provided that he/she meets one of the following conditions:
An initial transfer of USD 100,000 and his business activity must generate an annual turnover of at least MUR 2 million in the first year of operations and a cumulative turnover of at least MUR 10 million in the following two years.
An investment with a net asset value of at least USD 100,000 and an accumulated turnover of at least MUR 12 million in the previous three years, including a turnover of at least MUR 2 million in one of the three years of operations.
An individual who has inherited a business in the event of the death or incapacity of the previous investor, provided that the net asset value of the business is at least US$100,000 and an aggregate turnover of MUR 12 million, including a turnover of at least MUR 2 million in one year.
An investor who intends to bring in high technology machinery and equipment as part of the required investment of US$100,000, must transfer a minimum of US$25,000 and the balance of US$75,000 in terms of high technology machinery and equipment.
An investor who intends to carry out research and development (R&D) projects in highly innovative sectors may apply for an Innovator Occupation Permit. The R&D expenditure component must constitute at least 20% of the total operating expenditure during the research phase. Investors eligible to apply under this new scheme must make an initial investment of US$40,000.
As with all residence permits, this permit is issued to the applicant. It entitles spouses, spouses and children to apply for dependent residence permits.