Financial Requirements - RP for Retired Non-Citizens - Mauritius forum

Financial Requirements - RP for Retired Non-Citizens

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jackie pretorius Member

Member since 04 July 2017

jackie pretoriusMember06 November 2019 08:29:31

Hi Everybody,

I have just checked on the EDB Guidelines site and see the Financial requirements for the Resident permit has reduced to USD 1,500 per month - USD 54,000 over 3 year period.

Regards

Stephanie Troy Active member

Member since 30 October 2012

Stephanie TroyActive member06 November 2019 12:18:29

Hi Jackie,

I heard this recently but did not know whether to believe it. When we moved here in 2012 it was $40,000 a year. When we applied again for a 3 year permit in 2015 it was still $40,000. It was then reduced to $30,000 before that 3 years was up but this did not apply to our permit. Whatever amount you are quoted when you apply I think applies for the full 3 years of the permit.

I am assuming this new rate will not apply to our permit until 2021 when we apply again but I am not sure. Just be careful to check before you submit your paperwork. It would be great to know for definite.

Regards,
Steph. X+

jackie pretorius Member

Member since 04 July 2017

jackie pretoriusMember06 November 2019 14:02:59

Hi,

Confirmed by phoning EDB today.

USD 1,500 P/M聽 = USD 18,00 P/A = Total USD 54,000 over 3 year period.

Another interesting piece of info - Should you apply for 10 year Permanent Residency after 3 years - The abovementioned criteria also apply.

Check EDB website - Guidelines Page 6 - 2.1.4

Regards

jackie pretorius Member

Member since 04 July 2017

jackie pretoriusMember06 November 2019 14:05:52

Sorry - USD 18,000 Per聽 year

Stephanie Troy Active member

Member since 30 October 2012

Stephanie TroyActive member06 November 2019 14:16:29

Thanks Jackie. X+

Carriethorne Member

Member since 30 April 2019

CarriethorneMember10 November 2019 12:06:45

Hi there
That is such good news - especially as the Rand is not performing.
Thanks for sharing

matt4509 Active member

Member since 19 June 2013

matt4509Active member02 December 2019 14:19:57

Very good news

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