Mauritius has launched a Golden Visa Program aimed at attracting 100 high-net-worth individuals each year by requiring a minimum investment of $1 million within 12 months of arrival. Prime Minister Navinchandra Ramgoolam announced this initiative in response to increasing inquiries from foreigners looking to relocate with their families. The program is designed to stimulate the economy by encouraging investments in key sectors such as fintech, artificial intelligence, biotechnology, and renewable energy. While the program aligns Mauritius with global trends in attracting wealthy migrants, it faces criticism for potentially exacerbating inequality and enabling criminal activity. In response, Ramgoolam assured lawmakers that a robust due diligence framework is in place to mitigate risks associated with money laundering and illicit financial flows. He also noted that the program would not adversely affect housing affordability, as visa holders would initially stay in hotels or designated rental properties for foreign investors. Mauritius, known for its status as an international financial center and attractive beachfront properties, aims to leverage this program to enhance its appeal as a relocation destination for the affluent.