Real estate investment in Mauritius

Over the years, Mauritius has built a solid reputation among international investors due to its economical, political and social stability.

Ranked as one of the most ethical countries in terms of taxation by the Organisation for Economic Co-operation and Development, Mauritius is among the most attractive destinations.

Tax benefits:

• The Corporate tax rate, Personal Income Tax & Value added (VAT) is at 15%.

• No tax on capital gains.
• No inheritance tax No property tax.
• No exchange controls and funds can be freely transferred.
• Double taxation avoidance agreements with more than 40 countries in the world, including France.

It is possible for foreigners to acquire properties only within the special residential schemes named PDS (property development scheme).  

The benefits of the PDS scheme are: 

• Acquisition of a freehold property. Persons acquiring a residence at a minimum price of $ 375 000 automatically obtain a permanent residence permit for the whole family. 
• Opportunities to resale to foreigners in foreign currency.

• A sale off-plan is governed by VEFA contract that ensures a financial bank guarantee for good completion. The VEFA contract is a mode of acquisition firmly guided by the law. The French Civil Code is applicable in Mauritius for any property purchased. 
• Upon signing the contract and even before the completion of the project, the purchaser becomes the owner of the land and construction in progress.