When buying a home, you will likely have many questions and considerations. One important aspect that will arise is the Proof of Funds in Mauritius (POF). POF is a document that demonstrates the amount of money a person or entity has available. This document is important as it shows the seller that you can cover the purchase costs.

In certain cases, the proof of funds document can be requested for a rental as well. 

Several types of documents qualify as proof of funds in Mauritius. They include a bank statement/bank confirmation letter, a pay slip, a mortgage agreement and in certain cases a dividend certificate – should it be relevant, could be accepted. 

You will also have a questionnaire to fill out, where you will need to specify your source of funds; i.e, employment income, inheritance, maturity or surrender of life policy, divorce settlement, dividend payment, business Profits, retirement income, sale of property, savings/ deposits, lottery/ gambling, gift, company sale, loan, current business activities, and others. 

Once these documents are received by the agency, they will be forwarded to the registered compliance agency for verification. The compliance agency will then assess whether the client poses any risk of suspicious transactions and inform the agency accordingly.

If you have more questions about proof of funds in Mauritius, feel free to reach out to us – info@sir.mu.