The Premium Visa, which is intended for foreigners looking to make a long stay in Mauritius, will be available from November 16, 2020. However, applicants have to be willing to stay for at least 180 days a year. The application can be made on the Economic Development Board (EDB) website for free. CLICK HERE
It's also worth noting that foreigners arriving in Mauritius on a tourist visa can also apply for a Premium Visa during their stay under certain conditions. First, applicants must prove that they do not intend to seek employment in Mauritius and that their main source of income is of foreign origin.
They must also provide proof of their long stay, including an accommodation booking, a bank statement and health insurance. Other documents, such as a valid passport, a passport-sized ID photo, a copy of flight tickets, as well as proof of quarantine booking, are also required. The visa should be issued, via email, within 48 hours of application on working days.

Besides, Premium Visa holders are allowed to buy real estate in Mauritius. In fact, they can choose from different schemes -- the Property Development Scheme (PDS), the Integrated Resort Scheme (IRS), the Real Estate Scheme (RES) and the Smart City Scheme (SCS). They can also buy an apartment in a residential building with at least two floors.

Their banking transactions, including payments made with foreign debit or credit cards, will be tax-exempt. On the other hand, by choosing to stay in Mauritius for at least 183 days, Premium Visa holders become tax residents, so they will have to pay income tax.