Mauritius, often considered, rightly, as a dream destination, is a perfect country to make an investment! Due to the political stability of the country, its numerous real estate developments, its advantageous tax system and its modern infrastructures, Mauritius reassures investors!
Mauritius is ranked as one of the most competitive countries for anyone looking to settle there.Whether you want to come and live with your family, work, or retire peacefully by the water, BARNES Mauritius accompanies you throughout your real estate plan and adapts to your desires so that you can realize the purchase of your dreams or the perfect investment.
To understand how to acquire a property in Mauritius, we have provided you with a summary of the government measures implemented as part of an investment:
The PDS, which has replaced the IRS and RES since 2015, allows the development of high-quality residences in free wait for sale to foreigners.A non-Mauritian can obtain a permanent residence permit when purchasing a residential unit under the PDS scheme if the purchase price is more than USD 375,000.
The SCS is developed on a plot of at least 21,105 hectares (50 acres) and must adhere to the concept of life, work and play.It includes in its implementation many regulations allowing the development of urban spaces, promoting pedestrian life.All goods under the SMS system are open for purchase for foreigners from Mauritius.
The G+2 is a real estate scheme allowing foreigners to acquire an apartment that is not part of a PDS, IRS or RES development. A non-Mauritian can obtain a permanent residence permit when purchasing a residential unit under the G+2 scheme if the purchase price is more than USD 375,000.
Under the IRS, full-ownership villas and other residential properties can be sold for a minimum price of USD 375,000 to non-Mauritians who, upon purchase, receive a residence permit.The few IRS projects put on the market have proven to be very popular and continue to do so, offering luxury facilities to residents.It can be a golf course, a marina, a wellness centre, restaurants, shops and many other high-end amenities.
RES properties can be sold to citizens and non-citizens at no minimum price.However, the acquisition of real estate with a value of at least USD 375,000 entitles the foreign buyer to a residence permit.This program is generally smaller than other real estate projects and is primarily aimed at investors, retirees and professionals who want to invest, work and live in Mauritius, or those who want to enjoy a holiday in Mauritius.
The IHS scheme has been designed to allow hotels to sell their rooms, suites, or villas that are part of the hotel to buyers, either before, during or after the construction of the hotel.It allows buyers a rental income but also offers access to all the services of a luxury hotel.
Investing in Mauritius offers numerous opportunities, with several cities providing specific advantages depending on the type of investment you are seeking. Whether it is for purchase or rental, Mauritius offers a wide range of options. Villas, houses, penthouses, duplexes, apartments, and bungalows are all available across the island. Some locations are more suitable for a seaside setting, with quick access to the sea or even direct beachfront properties. Others allow you to enjoy a more abundant green environment or a more direct access to the city.
The different types of investments are regulated by the aforementioned schemes. Depending on the investor's profile, there are offerings that favor luxury real estate, such as golf course villas, or those that cater directly to individuals looking to retire in Mauritius, in apartments or penthouses in city centers, for example. Here are some popular areas for real estate investment in Mauritius.
Known for its vibrant nightlife, boutiques, and stunning beaches, Grand Baie is a prime area for those looking to invest in holiday properties or residences for expatriates.
The country's capital is the economic and administrative hub of the island. Investing in Port Louis is ideal for business, commerce, and urban real estate.
Another popular tourist destination, the village of Flic en Flac is perfect for investments related to tourism and hospitality.
This village in the west of Mauritius is renowned for its natural charm, mountains, and beaches. Tamarin is ideal for investing in high-end residential properties or holiday accommodations.
Ebene is the island's technological and business hub. It's an excellent place to invest in Mauritius, even more if you are looking for a residence for expartiate working in the technology or business sector.
Located in the south of the island, Bel Ombre is a quiet area, ideal for luxury investments or eco-tourism properties.
Mauritius has long been a dream destination for travelers worldwide, but it has also become a top choice for savvy real estate investors. Here are eight reasons why more and more people are opting for real estate investment in Mauritius.
Mauritius offers an incomparable living environment with its fine sandy beaches, crystal-clear lagoons, and breathtaking landscapes. Living in Mauritius means immersing oneself in the natural beauty of the Indian Ocean, with a lifestyle focused on relaxation and serenity.
Enjoy modern, high-quality infrastructure, whether for your private residence or rental investments. Properties on the island allow you to combine a comfortable and elegant lifestyle.
Mauritius is home to renowned international schools and world-class healthcare facilities, ensuring an exceptional educational environment and quality healthcare.
The French language is widely spoken in Mauritius, and the official language is English, facilitating integration and communication for both French and English speakers.
Lifestyle Experience a dream seaside life with idyllic beaches, exquisite cuisine, diverse water sports, and a rich cultural heritage.
Mauritius is recognized for its political stability, safety, and peaceful climate, creating an ideal environment for residents and investors.
Benefit from advantageous taxation, with income and capital gains taxes among the lowest in the world.
Whether you envision an active or relaxing retirement, Mauritius offers a serene environment to enjoy your golden years.
The island offers numerous tax incentives that encourage foreigners to invest in Mauritius :
It is a fact that real estate investment provides security and sustainable profitability. Returns are higher than many other financial investments. The annual return on investment in Mauritius is estimated to range from 4% to 10%. This increased rate is mainly due to the permeability of the sector to economic fluctuations.
Investing in real estate abroad, in general, allows for the diversification and enrichment of one's assets, and provides additional income to enhance one's retirement. The acquired property can be used as a residence or inheritance. It can also be rented or resold with the benefit of a capital gain. In other words, real estate investment in Mauritius allows you to diversify your investments, become a property owner, and enjoy numerous benefits.
Our BARNES Mauritius team, present throughout the entire island, is at your disposal for any information or to assist you in an investment project in Mauritius. We can help you choose the best solution for your purchase. Please do not hesitate to contact us here.