The Permanent Residence Permit is now issued for 20 years to a holder of an Occupation or Residence Permit provided the following conditions are met:
Investor: Holds an Occupational Permit for at least 3 years with a minimum annual gross income of at least MUR 1.5 million or an aggregate turnover of MUR 45 million over the period of 3 years.
Professional: Holds an Occupational Permit for at least 3 years with a basic monthly salary of at least MUR 150,000 for 3 consecutive years.
Self-Employed: Holds an Occupational Permit for at least 3 years with an annual business income of at least MUR 3 million for the 3 consecutive years.
Retired Non-Citizen: Holds a Residence Permit for at least 3 years with transfer of at least USD 54,000 or its equivalent in freely convertible foreign currency for the period of 3 years.
An investor who invest at least USD 375,000 in a qualifying business activity is also eligible to apply for a 20-year residence permit.
Qualifying activities includes:
Agro-based industry
Audio-Visual
Cinema and Communication
Banking
Construction
Education
Environment-Friendly and Green products
Financial Services
Fisheries and Marine Resources
Freeport
Information Technology
Infrastructure
Insurance
Leisure
Manufacturing
Marina Development
Tourism
Warehousing
Initial Public Offerings
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