The Mauritian Diaspora Scheme appeals to island citizens with an eye on Mauritius trade, investment and lifestyle, who want to help the island’s postpandemic economic recovery. Latest forecasts for Mauritius indicate a GDP contraction of up to 11%, which is the worst ever for the island.
In his Budget Speech 2020-21, the Mauritius Minister of Finance, Economic Planning, and Development, Renganaden Padayachy, said, “Economic growth should not be hindered by lack of labour nor by an exiguous domestic market. We have no choice but to open ourselves to talents, ideas and knowledge.”
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Mauritians living abroad
Government’s commitment to its people remains constant. It is introducing new policies to protect the economy and encourage people to move to Mauritius. Meanwhile, the Mauritian Diaspora Scheme established in 2015 helps attract members of the Mauritian diaspora to return to the island to help the cause.
No matter where Mauritians find themselves in the world, they shine not only through their skills. You can spot a Mauritian a mile away, simply by the way they conduct themselves – their personality, their good manners, their pride, their smile – and the love they have for their paradise island.
You can take the boy out of the island, but you can’t take the island out of the boy. Those who leave do so for a variety of reasons, but there is always an opportunity to return. The Mauritian government is waiting to welcome them back.
Who benefits from the Mauritian Diaspora Scheme?
Any member of the Mauritian diaspora is eligible to apply for registration under the Scheme if they have been living and working outside Mauritius prior to 24 March 2015. They must have certain skills, talent and experience and, of course, be keen to come home.
The Economic Development Board will assess applications according to a set of criteria relating to qualifications, skills, talent, expertise, field of specialisation, experience, salary or investment.
Who qualifies as a member of the Mauritian diaspora?
Citizens of Mauritius, who have a valid Mauritian passport, and their children, stepchildren, lawfully adopted children or grandchildren over the age of 24, whether they hold a valid Mauritian passport or not, are regarded as members of the Mauritian diaspora.
Those who do not have a Mauritian passport, but fit this definition, also qualify. If their application is successful, they will be given a permanent residence permit valid for 10 years, renewable.
What are the incentives?
Successful applicants will be offered incentives and benefits such as income tax exemption, a waiver on customs duties on household and personal effects, exemption of excise duty on a motor car (under certain conditions), and exemption from payment of registration duty on Mauritius property investment under the Smart City Scheme or Property Development Scheme.
2Futures, the no. 1 real estate developer on the island, has an enticing portfolio to share with interested buyers. If you want to know more about the different schemes available for investment in property, please contact our consultants. They will be more than happy to guide you.
What paperwork must you submit with your application?
Professionals and self-employed members of the Mauritian diaspora must supply the following with their application:
Copy of passport;
Birth certificate of applicant, parents and grandparents as necessary;
Marriage certificate, if applicable;
CV;
Police clearance (certificate of character for five years).
In addition, professionals must submit their contract of employment and at least two references from past employers. Self-employed applicants must submit a business plan and details of income.
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