Mauritius is planning to attract around 100 high-net-worth individuals each year through its “golden visa” scheme, designed to bring in foreign capital and boost long-term investment in the economy.
Under the program, applicants must invest at least $1 million within a year of arriving. Prime Minister Navinchandra Ramgoolam said the initiative was introduced after growing interest from foreign nationals looking to relocate with their families.
The government expects participants to channel funds into key sectors such as fintech, artificial intelligence, biotechnology, and renewable energy, helping diversify and strengthen the economy.
Mauritius joins a growing list of countries offering residency-linked investment programs, even as some nations scale back similar schemes due to concerns over misuse and financial crime risks. Critics also argue such policies can widen inequality by favoring wealthy migrants.
However, the government says strict safeguards are in place, including a risk-based due diligence system to prevent money laundering and illicit financial flows. Officials also say the program is unlikely to impact housing affordability, as participants are expected to initially stay in hotels or rent approved properties.
Already known as an offshore financial hub with luxury real estate and strong international connectivity, Mauritius is positioning itself as a premium destination for global investors and affluent individuals seeking relocation opportunities.
