Mauritius immigration program

If I'm not mistaken, regarding the first year, the investment is also a part of the turnover. Meaning you have to show 27% more of sales. It doesn't have to be profit, it can be losses as well, since it's turnover we're talking about.
The second year would be much more tricky, since you already had the big investment done during your first year and it's mainly showing sales numbers.

investment is investment, it can't be assimilated to turnover. it's business revenu, you should generate this out of sales.  it is not part of the investment.  To extend on your comments Sleeping Cookie: all the years are tricky.

but then you should note that this is the selective part of the whole process. You get a permit only with a sound business which is able to make the minimum turnover imposed by law.

So, the question is - is there anyone on this forum who tried any of the three routes and was successful or is in the process? I'd like to ask how did it go and if one can explain the three requirements.

Thank you for the clarification Nadeem, my bad...

SARN, of course there are many of them on this forum having tried 'any of the three'... In fact, if I'm not mistaken, most of the members (+80% !?) are expats and thus, it means they have tried and obtained...

SARN

The most detailed and up-to-date documentation from the BOI on Occupation Permits (at time of writing) appears to be http://op.investmauritius.com/ it provides more info on the three classes of Occupation Permits than the site you referenced.

For the self employed category the linked doc says that the applicant is expected to engage in "professional activity", "usually ... working exclusively for his/her own account". From which I would infer that the source of revenue or value generated is expected to be the applicant's specific expertise and not passive investment.

While for a professional practice the turnover and profit or "return" as you call it may be quite close together the gap would be far wider for a larger commercial enterprise that an investor would build. A trading business may generate a profit or return of 400k MUR from it's turnover of 4m MUR ...

The 35k USD or 100k USD are referred to in the linked documents as "initial transfer", which I think makes their purpose a little clearer. It is not necessarily an investment in the new venture, or if it is it may not be the total investment. It is a capital transfer into the Mauritian economy. Against the background of Mauritius's persistent current account deficit and therefore dependence on capital flows this makes sense.

bellHead wrote:

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The 35k USD or 100k USD are referred to in the linked documents as "initial transfer", which I think makes their purpose a little clearer. It is not necessarily an investment in the new venture, or if it is it may not be the total investment. It is a capital transfer into the Mauritian economy. Against the background of Mauritius's persistent current account deficit and therefore dependence on capital flows this makes sense.

@bellHead - it starts making sense this way. If it is transfer of money into the country then what is the yearly revenue limit is for?

yearly revenu limit, I guess, is to set a selective parameter to those who want relocate.  basically it ensures that our small Mauritian businesses won't suffer the power of €, £ & $.  Eg: you can't open a Briani business. :-)

your investment is ok but we want decent size businesses.

I think this is it (!?)