Mauritius Taxation on US pension

Johnprint23 New member

Member since 04 December 2023

Johnprint23New member18 April 2025 01:37:32

Hello Group,

I am a 63 year old single American male contemplating retirement in Mauritius. Let's say I have a United States Social Security pension income of $2,300 US and secure the retirement visa because I qualify to put $1500 US in a Mauritian bank. Does Mauritius tax this and if so at what percentage? Thank you.

Fireworks C Active member

Member since 10 March 2015

Fireworks CActive member18 April 2025 10:49:28

@Jonhprint23 Foreign income means income derived from outside Mauritius. It shall include emoluments, directors鈥� fees, annuity, and pension in respect of past services, business income, rental income, investment income and interest income. The foreign income is taxable in the hand of the resident.

However, this will also depend on the pension provisions of Double Taxation Avoidance Agreements, and whether income is remitted to Mauritius.

A person becomes tax resident in Mauritius when he stays a period of 183 days or more: or for an aggregate period of 270 days or more in the 2 preceding income years.

I would recommend that you speak with a Tax Advisor though since the above is provided as guidance purposes only, and not to be treated as Legal / Tax advices.

Lastly, am pretty sure your Banker will have to report your yearly account balance under FATCA.

Thanks.