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To Attract Investors to the Country, Mauritius Offers to Sell Citizenship and Passports

By all means Mauritius is trying to attract investors.

Mauritius is offering foreigners the chance to obtain Mauritian citizenship in exchange for a non-refundable contribution of $1m to the national sovereign wealth fund.

Applicants’ dependents are also eligible for citizenship with an additional cost of $100,000 per family member.

Another scheme will offer Mauritian passports in exchange for the lesser sum of $500,000 paid to the Mauritius Sovereign Fund, and $50,000 per passport for family members.

The Mauritian passport holders have access to 121 countries without visa requirements.

Critics however fear that the Island will become a haven for unscrupulous businessmen.

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