Mauritius : Your Questions Answered
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Imagine waking up to the sound of waves, starting your morning with a beachfront coffee, and ending the day with sunset cocktails overlooking the Indian Ocean. Whether you're drawn to its year-round tropical climate, world-class golf courses, or the vibrant mix of cultures, Mauritius offers an unparalleled lifestyle.
Beyond its postcard-perfect beaches, Mauritius boasts a thriving nightlife, Michelin-star dining, and a calendar full of festivals and cultural events. For the active at heart, there's everything from deep-sea fishing and kite surfing to scenic hikes through lush national parks. And if luxury living is what you're after, you'll find elegant villas, private estates, and exclusive gated communities designed for ultimate comfort.
Add in a safe and business-friendly environment, excellent international schools, and top-tier healthcare, and you've got a destination that's as practical as it is breathtaking.
So, now that you're thinking about buying property or moving to Mauritius, here's everything you need to know about investment opportunities, lifestyle perks, and the ins and outs of island living.
Buying Property in Mauritius as a Foreigner
Can foreigners buy property in Mauritius?
Yes! Foreigners can purchase property in Mauritius through government-approved investment schemes like the Integrated Resort Scheme (IRS), Real Estate Scheme (RES), Property Development Scheme (PDS), and Smart City Scheme. However, agricultural land is off-limits.
What's the minimum investment for property?
To qualify for residency through property investment, you'll need to spend at least USD 375,000 on an eligible property.
How does the buying process work?
- Choose a property under one of the approved schemes.
- Obtain a "Letter of Approval" from the Economic Development Board (EDB).
- Submit necessary documents, including proof of funds and ID.
- If financing is needed, most local banks require a 30-40% down payment.
Are there tax benefits?
Yes! Mauritius has an attractive tax framework:
- Flat 15% income tax
- No taxes on dividends, capital gains, or inheritance
- No restrictions on repatriating funds
- Double taxation agreements with over 45 countries, including South Africa
What are the investment returns like?
Mauritian real estate appreciates at an average of 8-10% per year, with rental returns averaging 4-6% annually.
Can I get a mortgage in Mauritius?
Yes, local banks finance up to 70% of the property's value, and South African buyers can utilise allowances like the Single Discretionary Allowance and Foreign Capital Allowance.
The Mauritius Lifestyle: Why Move Here?
What makes Mauritius an attractive place to live?
Mauritius is more than a tropical paradise-it's a hub for business, luxury living, and an excellent work-life balance. Here's why people love it:
- Luxury living - World-class beachfront villas, private estates, and premium gated communities.
- Safe & stable - A low crime rate and a politically stable environment.
- Business-friendly - Ranked as one of Africa's best countries for ease of doing business.
- Expat-friendly - A growing community of professionals, entrepreneurs, and retirees.
- Top-tier education & healthcare - International schools and private healthcare facilities ensure quality services.
- Tropical lifestyle with modern conveniences - Enjoy island life with all the amenities of a developed nation.
Rapid Fire Round: Quick Facts About Mauritius
- Languages? English and French are widely spoken.
- Cost of living? More affordable than many Western countries.
- Transport? Buses, taxis, and car rentals are available, but most expats prefer to drive.
- Residency benefits? Buying an eligible property grants residency to you and your dependents.
- Outdoor activities? From kite surfing and scuba diving to hiking and golf, there's something for everyone.
- Weather? Warm all year round, with a mild rainy season.
Thinking about investing or relocating? Mauritius offers a seamless blend of tropical charm and modern luxuries. If you have more questions, let's chat!
Author: The Agency Property Group
