Section 12: Registration

12. Registration (1) Any investor or self-employed person who is registered with the Registrar of Businesses under the Business Registration Act or any professional or retired non-citizen may register with the Board of Investment provided he satisfies the appropriate criteria specified in Part I of the Schedule. (1A) Any investor under subsection (1) shall include an investor who, prior to 1 October 2006, would have satisfied the criteria for eligibility for permanent residence permit, as specified in item 1 of Part III of the Schedule. (1B) Any professional under subsection (1) shall include a non-citizen coming to serve in Government to service the public sector within the Service to Mauritius Programme for a period not exceeding 3 years. (1C) (a) The Minister may, by regulations, set up— (i) a Mauritian Diaspora Scheme; (ii) a Property Development Scheme; (iii) a Smart City Scheme. (b) — (c) An investor may apply for registration under the Property Development Scheme or Smart City Scheme. (d) Any investor who wishes to operate— (i) a private hospital under the Private Health Institutions Act; (ii) a nursing home under the Private Health Institutions Act; or (iii) a residential care home under the Residential Care Homes Act, shall register with the Board of Investment. (2) Every application to register with the Board of Investment shall be made in such form and manner as the Managing Director may approve and shall include the following information— (a) in the case of an investor or a self-employed person, where applicable— (i) the proposed investment; (ii) the amount of investment to be transferred to Mauritius; (iii) the estimated annual turnover or gross income; and (iv) the nature of the professional activity; (b) in the case of a professional, his monthly salary; (c) in the case of a retired non-citizen— (i) the annual amount to be transferred to Mauritius; (ii) the bank through which the transfer is to be effected; and [Issue 9] I22 – 8 Revised Laws of Mauritius (d) such other information as may be specified in the form of application. (3) Where the Board of Investment is satisfied that the applicant qualifies for registration under this section, the Managing Director shall register the applicant and issue a registration certificate on such terms and conditions as the Board may determine. (4) Every holder of a registration certificate issued under subsection (3) shall, at all times, satisfy the appropriate criteria specified in Part I or III of the Schedule or the requirement of the Invest Hotel Scheme, Property Development Scheme or Smart City Scheme and of section 5A (5AA) of the Immigration Act. [S. 12 repealed and replaced by s. 6 (d) of Act 21 of 2006 w.e.f. 1 October 2006; amended by s. 16 of Act 18 of 2008 w.e.f. 19 July 2008; s. 13 (b) of Act 26 of 2012 w.e.f. 22 December 2012; s. 31 (c) of Act 9 of 2015 w.e.f. 14 May 2015; s. 29 (c) of Act 18 of 2016 w.e.f. 7 September 2016.]