Mauritius, the tropical pearl of the Indian Ocean, is attracting more and more expatriates in search of a better quality of life. Retirees, as well as families and young professionals, many of whom have dared to take the plunge for a new life in the sun.
In fact, the island has many assets that attract foreigners, such as its advantageous tax system and modern infrastructure. Above all, it offers excellent property investment opportunities.
Côté Sud sheds light on the reasons why more and more foreigners are moving to Mauritius and gives you all the keys to a successful investment.
Expatriate to Mauritius, for an exceptional quality of life
Mauritius is a haven for nature, with an exceptionally rich biodiversity. Several national parks and nature reserves offer breathtaking scenery in the heart of a lush natural environment, including the Black River Gorges National Park, La Vallée des Couleurs and the Îlots National Park. What’s more, with its mild temperatures and generous sunshine, Mauritius is a true tropical paradise.
Modern, high-quality infrastructure
Mauritian cities offer all modern amenities (shopping centres, restaurants, cinemas, etc). The cost of services, such as restaurants and leisure activities, is largely affordable.
The country is home to a large number of international schools offering high-level educational programmes in several languages. The children of expatriates can therefore continue their studies by following the same programmes.
The health system in Mauritius is very efficient.It is on a par with Western countries, with numerous private and public hospitals offering high-quality care.
A wide choice of activities to make you feel on holiday all year round
A athlete’s paradise and nature destination, Mauritius offers a wide range of activities, including hiking, a wide range of water sports, mountain biking, quad biking and, of course, many world-renowned golf courses.
Hunting and fishing enthusiasts will not be left out, as will culture buffs, who can discover numerous museums, festivals and gardens.
A blended culture
Mauritius is a melting pot of Indian, African, Chinese and European populations. Ancestral traditions mingle with modern influences to create a unique blend. Colonial history has also left its mark on Mauritius’ cultural heritage.
There are many religious festivals, and all the communities celebrate them with great fervour. They are celebrated with great fervour, offering visitors the opportunity to discover Hindu, Muslim and Chinese traditions.
Moving abroad for tax benefits
The country has a very favourable tax regime for foreigners. There are a number of schemes in place to attract new investors. These allow foreign nationals to become property owners in Mauritius.
Thanks to the double taxation treaty with France, French expatriates who buy property in Mauritius benefit from very attractive tax advantages:
- Tax on professional and rental income capped at 15%.
- No social security contributions (CSG/ CRDS) or tax on dividends
- No property tax or council tax
- Exemption of property located in Mauritius
- Exemption from capital gains tax on the resale of a property in Mauritius
- Exemption from inheritance tax (if the beneficiaries are resident in Mauritius for tax purposes)
Buying a property in Mauritius enables the buyer and his family to obtain a Mauritian residence permit. The process of obtaining this permit is generally fairly straightforward and quick. Purchasers can call on the services of specialist professionals to help them through the process.
Buying a property in Mauritius
The purchase of a property in Mauritius, generally worth at least US$350,000, enables the buyer and his family to obtain a Mauritian permanent residence permit. There are several ways in which you can invest in property in Mauritius:
- The Integrated Resort Scheme (IRS): the IRS makes it possible to invest in residential complexes offering a wide range of very high-end services, with a minimum investment of US$350,000.
- The Real Estate Scheme (RES): RES projects offer many types of residences located in luxury residential complexes.
- Property Development Scheme (PDS): the PDS scheme allows investors to invest in luxury residential properties with top-of-the-range amenities and leisure facilities. The PDS scheme, which aims to replace the IRS and RES, simplifies investment in Mauritian property for foreign nationals. It allows them to settle in Mauritius without having to apply for a permit.
- Ground floor + 2 storeys (G+2): this scheme allows you to invest in a condominium flat in a building with at least 2 storeys.
The simplicity of the administrative formalities involved in moving to Mauritius
Obtaining a residence permit in Mauritius is generally quick and easy, especially for property investors and retirees. Eligibility requirements vary depending on the type of permit applied for. Generally speaking, you need to have sufficient financial resources, accommodation and health insurance. A number of specialist agencies offer support services to make the administrative process of moving to Mauritius easier.
Expatriating to every corner of Mauritius
In the North: In the heart of dynamic seaside resorts
Settling in the north of Mauritius offers all amenities, schools and large modern resorts. The region is dynamic, with a modern infrastructure and a strong expatriate community. What’s more, water-based activities and proximity to tourist attractions make the area an attractive place to live.
In the South: Domaine d’Anbalaba for an authentic expatriate experience
Imaginez-vous vous réveiller chaque matin avec le son apaisant des vagues et le murmure de la végétation tropicale. Domaine d’Anbalaba, situé au sud de l’île Maurice dans le charmant village de pêcheurs de Baie du Cap, vous invite à épouser un cadre de vie exceptionnel.
Nestling in the heart of mountainous landscapes and bordered by a turquoise lagoon, this unique location offers an ideal environment. It is particularly well-suited to retirees seeking tranquillity and an incomparable quality of life, and to teleworkers looking to combine efficiency with a paradise-like lifestyle. Many investors looking for a profitable, secure investment in a popular holiday destination are buying into this development. This dynamic village has all the amenities and top-of-the-range services you could wish for.
In the east: Anahita for living on a golf course
Moving to Anahita, in the east of Mauritius, means enjoying an exclusive lifestyle surrounded by nature and beaches. The development offers luxury villas, an international golf course and top-of-the-range facilities. It’s also a quiet, secure location, perfect for a peaceful lifestyle.
In the west: combining a change of scenery with modern living
Life in West Mauritius (Flic en Flac, Tamarin) is a mix of tranquillity and bustle. The white sandy beaches, ideal for swimming and water sports, attract a vibrant local and expatriate community. Picturesque landscapes, lively restaurants and a relaxed atmosphere are all on the agenda.
Expatriate with Côté Sud
So are you more North, South, East or West? Tranquility, authenticity or urban areas? Whatever your preference, Côté Sud will find you the villa, flat or plot of land for sale or rent in the region that suits you best. Take a look at our catalogue and click on the property of your dreams to expatriate yourself to Mauritius!
