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Important Notice regarding section 28 of the Investment Promotion Act

Re: Amendments to the Investment Promotion (Amendment of Schedule) Regulations 2015

The Board of Investment wishes to draw the attention of holders of Occupation Permits that as per Government Notice  No. 216 of 2015,

  1. The annual income for the self-employed category has been increased from MUR 600,000 to MUR 1,200,000 as from the third year of activity.
  2. The salary threshold for eligibility for an occupation permit as Professional has also been amended. The minimum monthly salary has been increased from MUR 45,000 to MUR 60,000. However, for all applications submitted prior to 31 October 2015, the salary threshold of MUR  45,000 still applies.