Mauritius, Africa’s second wealthiest and most peaceful country, has rolled out a new $1 million Golden Visa program aimed at drawing high-net-worth individuals and positioning the Indian Ocean island as a premier destination for international capital.
The program, announced by Prime Minister Navinchandra Ramgoolam, requires applicants to commit to investing at least $1 million in the country within 12 months of arrival.
“We are offering this program to individuals who wish to contribute to the country’s development while enjoying a peaceful and stable environment,” said Ramgoolam during his parliamentary address.
“This initiative provides an opportunity for applicants to invest in key economic sectors and become integral members of Mauritius’s growing community,” the prime minister said.
The program targets roughly 100 investors per year, with a focus on fintech, artificial intelligence, biotechnology, renewable energy, and global treasury services.
The island nation, which has transformed itself from a sugar-based economy into a diversified hub for finance, tourism, and manufacturing, is positioning the Golden Visa as a flexible entry point for high-net-worth individuals seeking long-term exposure to Africa’s opportunities.
Several other African nations, including South Africa, Ethiopia, and Namibia, have introduced or expanded investor residency schemes, but Mauritius stands out for its track record of political continuity, modern infrastructure, and business-friendly environment.
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