Section 31:
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
31. (1) Subject to paragraphs (2) and (3), income derived by—
(a) an individual who is a non-citizen, investing not less than
USD 25 million in Mauritius on or after 1 September 2016, provided
that the terms and conditions as the Board of Investment may
approve are complied with; or
(b) a company wholly owned by a non-citizen investing not less than
USD 25 million in the company provided that the terms and conditions as the Board of Investment may approve are compiled with.
(2) The exemption shall be for a period of 5 succeeding income years as
from the income year in which the investment was made.
(3) No exemption shall be granted in the event that the investment made
under this item is reduced to less than USD 25 million at any time during the first
5 years.