To be eligible for a retired permit, foreign nationals must be over 50 years of age.
The national must have an account in a Mauritian bank and transfer an initial amount of US$1,500 or its equivalent in foreign currency. Thereafter, the beneficiary of the Retired Permit will have to prove an annual transfer of US$ 18,000 per year or its equivalent in foreign currency.
In summary, to obtain a retired permit, you must transfer a minimum of US$18,000 (approximately ‘16,000) to your account per permit year.
At the end of the first three years of presence in Mauritius, your Occupation Permit entitles you to a permanent resident permit for a period of 10 years.