Mauritius has emerged as one of the most compelling jurisdictions globally for high-net-worth individuals seeking favourable taxation, political stability, and quality of life. At the heart of this proposition sit two mechanisms: the tax residency framework and the Global Business Licence (GBL).
The Tax Residency Framework
Key Tax Features
- Flat personal income tax: 15% on Mauritius-sourced income
- No capital gains tax
- No inheritance tax
- No wealth tax
- Foreign-sourced income: Not taxed unless remitted
- Dividend exemption: Foreign dividends received by resident companies are exempt
"For clients leaving jurisdictions with 40-50% marginal rates, Mauritius represents a paradigm shift — not a marginal improvement."
Becoming a Tax Resident
Tax residency is established by spending 183 days or more in a tax year, or 270 days over the current and two preceding years. No minimum income requirement, no language test.
Residency Permits
- Occupation Permit: For investors (min USD 50,000), self-employed, or employees
- Property Purchase: Buy in approved scheme (≥USD 375,000) for residence permit
- Permanent Residence: Retirees (min USD 18,000/year transfer) or OP holders after 3 years
- Premium Visa: For remote workers, 1-year renewable
The Global Business Licence
The GBL is Mauritius's flagship corporate vehicle for companies conducting business predominantly outside the island.
Requirements
- Registered office and at least two resident directors
- Administered by a licensed management company
- Board meetings in Mauritius with local employment
Tax Treatment
- 15% corporate rate with 80% deemed foreign tax credit — effective rate of 3%
- Access to 46+ Double Taxation Avoidance Agreements
- No withholding tax on dividends, interest, or royalties to non-residents
- Free repatriation of profits and capital
The Combined Play
- Establish personal tax residency through property acquisition
- Incorporate a GBL entity for international business
- Structure global income through the GBL for DTAA benefits and 3% effective rate
- Maintain personal income at 15% flat rate or lower
This structure provides a compliant, transparent fiscal framework that stands up to scrutiny from any major tax authority. Setup typically takes 8–12 weeks. The investment is modest relative to first-year savings.