PORT LOUIS, May 6 – Mauritius is targeting an influx of high-net-worth individuals through a new residency-by-investment programme designed to channel foreign capital into key sectors of its economy.
Prime Minister Navinchandra Ramgoolam said the country aims to attract around 100 wealthy investors annually under the scheme, which requires a minimum investment of $1 million within 12 months of arrival.
The initiative was introduced following increased interest from foreign nationals seeking relocation opportunities, with authorities positioning the programme as a vehicle to drive long-term economic participation rather than short-term residency.
The government plans to direct investments into high-growth sectors including fintech, artificial intelligence, biotechnology and renewable energy, as part of a broader strategy to diversify the economy and strengthen its position as a regional financial hub.
Mauritius joins a growing list of countries offering so-called “golden visas,” including the United States, although several European nations have begun tightening or phasing out similar schemes over concerns related to money laundering and illicit financial flows.
Ramgoolam said Mauritius has implemented a robust due diligence framework to mitigate such risks, adding that the programme is structured to ensure transparency and compliance.
Criticism of golden visa schemes globally has centred on concerns that they can widen inequality by granting residency privileges based on wealth. The Mauritian government, however, maintains that the programme will deliver broader economic benefits through increased investment and capital inflows.
Officials also downplayed concerns about housing pressures, noting that visa holders are expected to initially stay in hotels or designated residential properties tailored for foreign investors.
Already regarded as a premium destination for affluent individuals, Mauritius offers a combination of financial services infrastructure, political stability and high-end real estate, factors that continue to underpin its appeal to global investors.
