July 19, 2024

Growing numbers of British citizens are moving to Mauritius under accessible Premium Visa scheme

DCIM105GOPRO

Increasing numbers of British citizens are moving to Mauritius under its accessible Premium Visa scheme, which enables individuals to stay for up to one year.

Launched in October 2020 to drive foreign interest and investment following the impact of the COVID-19 pandemic, the Premium Visa has been designed to enable retirees or those working remotely to relocate to the African Island for 3 – 12 months and enjoy the benefits of its advancing infrastructure and unrivalled lifestyle.

With relaxed parameters that enables individuals and their families to exit and re-enter the country whenever they like during the 12-month period, the Mauritian Premium Visa has increased in popularity over the last 3.5 years, with nearly 9,000 individuals having leveraged the scheme across 125 different countries.

This includes 600 citizens from Britain, with applications continuing to grow in popularity as more individuals and families are attracted by the island’s unwavering political stability and commitment to economic freedom.

This news comes as the Economic Development Board of Mauritius hosted its second edition of its Business and Investment Forum in London, which enabled Business Leaders, High-Net-Worth Individuals, and Property Investors to gain valuable insights into the exciting growth and development opportunities on the island.

Having taken place at the Conrad London St James Hotel in Westminster on Friday, May 31, 2024, the Property and Investment Forum featured esteemed speakers from Mauritius – including government officials, leading real estate developers, legal experts, notaries, tax specialists, prominent banks, and management companies – enabling UK business leaders and investors to understand how the Island has maintained a strong economy in recent years compared to national markets.

 

Sachin Mohabeer, Deputy Chief Executive Officer of the Economic Development Board Mauritius, said: “Since launching the Premium Visa scheme in 2020, Mauritius has welcomed thousands of individuals looking to live and work on the island, while benefitting from our advancing economy, investment in technologies and smart cities, and relaxed way of life.

“We are delighted that the popularity of the Premium Visa continues to increase and find that as more people, like those from Britain, visit the island – they see what a great place Mauritius is to invest, do business and work. As such, we were delighted to showcase the benefits of Mauritius to many more members of the British community at our dedicated Property and Investment Forum and have already received a number of exciting enquiries from individuals looking to invest, do business or even move across to the Island.”

 

The first point of contact for investors exploring business opportunities in Mauritius, the Economic Development Board is the national investment promotion agency of the Government of Mauritius with the mandate to promote and facilitate investment in the country.

For more information, visit: https://edbmauritius.org