Mauritius: Nationality, Passport For Sale To Boost Finances

Mauritius is offering foreigners its citizenship for a non-refundable contribution of 1 million US dollars (568 million FCFA) payable to the National Sovereign Wealth Fund, NSWF.

Read also : Elite One: Retrouvailles Canon -Tonnerre

The BBC on June 19, 2018 reported that applicants' spouses and dependents are also eligible with an additional contribution of 100,000 US dollars (57 million FCFA) per family member.

Read also : Formations dispensées à l’étranger; 17 faux diplômes, 23 rejets

Another scheme offers Mauritian passports for 500,000 US dollars (284 million FCFA) paid to NSWF, and 50,000 US dollars (28 million FCFA) per passport for family members.

Read also : Campagne cacaoculture 2020-2022: 4 millions de plants disponibles

The announcement was made by PM Pravind Kumar Jugnauth, who is also Finance Minister, in his 2018 budget speech. The Economic Development Board is to manage the scheme, and applicants will have to satisfy defined criteria.

Read also : Council Police: Decentralisation Minister Puts Order

Reactions

Comments

    List is empty.

Lead a Comment

Same category