RELOCATING TO MAURITIUS

Residency Through Property Acquisition in Mauritius
 
Mauritius offers various schemes that enable foreign investors and expatriates to acquire property, allowing them to secure residency. With a minimum investment of USD 375,000, foreign buyers can purchase a property, granting them and their dependents (spouse and/or children) the right to a residence permit. This permit not only allows the holder to live in Mauritius but also to establish their tax residence in the country. As long as the property remains in their ownership, the residence permit remains valid.
Property buyers in Mauritius hold full legal ownership of the property, including all associated rights. They have the ability to rent out the property and generate rental income. This opportunity to acquire residency through real estate investment is particularly attractive to affluent individuals looking to generate capital gains, as well as retirees seeking a tranquil lifestyle under the tropical sun.
In addition to the advantages of residency, Mauritius has signed Double Taxation Avoidance Agreements (DTAAs) with multiple countries across Africa, Asia, Europe, and the Middle East. These agreements ensure that property owners are not subject to double taxation in both Mauritius and their home country, further enhancing the appeal of relocating to the island.
 
Residency Schemes Through Property Acquisition in Mauritius
The Economic Development Board of Mauritius oversees several approved schemes that allow foreign nationals to obtain residency by acquiring a property valued at a minimum of USD 375,000. These schemes offer various options for luxurious living, each designed to cater to different needs and preferences.
  1. Integrated Resort Scheme (IRS)
    Properties developed under the IRS offer a comprehensive range of world-class leisure, entertainment, and wellness facilities, including golf courses, marinas, beach clubs, pavilions, and wellness centers. These features create a unique resort-like experience for residents, combining luxury living with extensive recreational amenities.
  2. Real Estate Scheme (RES)
    The RES offers luxury residences in smaller, exclusive developments compared to the IRS. Buyers can choose from various types of properties, such as villas, penthouses, duplexes, and apartments, each providing a refined living experience in a private residential setting.
  3. Property Development Scheme (PDS)
    The PDS encompasses a range of high-end residential properties, including condominiums, luxury villas, and apartments, ideal for individuals looking to relocate to Mauritius. This scheme simplifies the purchasing process for foreign nationals, granting them immediate access to residency without the need for a separate permit.
  4. Invest Hotel Scheme (IHS)
    The IHS enables non-citizen investors to own a hotel unit within an approved hotel. Owners enjoy exclusive access to resort facilities such as restaurants, spas, fitness centers, and swimming pools. The unit owner, or anyone acting on their behalf, can use the unit for up to 45 days annually and can earn rental income through the hotel’s rental program.
  5. Smart City Scheme
    Smart Cities in Mauritius are designed as mixed-use, technology-driven, and innovation-focused communities that promote the concept of “work, live, and play.” These developments offer integrated master plans that include residential spaces, sustainable living, leisure activities, and opportunities for businesses in a cosmopolitan environment.
  6. G+2 Apartments
    Foreigners are permitted to purchase apartments within buildings featuring a ground floor and two additional floors (G+2). The property must be valued at a minimum of MUR 6,000,000 (approximately USD 150,000) or its equivalent in foreign currency. This scheme enables expatriates to invest in luxury apartments, even without an occupation or work permit, offering a simple entry point into the real estate market.
 
 
Each of these schemes provides unique opportunities for foreign investors, combining the advantages of owning premium real estate with the benefits of securing residency in Mauritius.
 
Retirement in Mauritius
Mauritius offers non-citizens the opportunity to retire on the island through the “Retired Non-Citizen Permit.” This permit allows individuals aged 50 or older to reside in Mauritius for up to ten (10) years. To qualify, applicants must be able to transfer a minimum of USD 1,500 per month (or a total of USD 18,000 annually) into a local bank account in Mauritius. After three consecutive years of residence, permit holders may apply for a permanent residence permit valid for 20 years.
Retired Non-Citizen permit holders are also permitted to invest in any business of their choice, though they are not allowed to be employed or directly involved in the management of the business.
 
Relocate to Mauritius with the Premium Visa
The Premium Visa presents an excellent option for non-citizens seeking to reside in Mauritius for extended periods. Valid for up to one year and renewable, it is ideal for tourists, retirees, and professionals who wish to work remotely from the island.
To be eligible, applicants must demonstrate sufficient travel and health insurance coverage, provide proof of accommodation, and explain the purpose of their visit. The Premium Visa does not permit holders to participate in the local labor market, as their income must come from outside of Mauritius.
This visa also allows family members to join the applicant, making it a great choice for those wishing to relocate with loved ones. Additionally, the Premium Visa offers the flexibility to transition to long-term residency or an Occupation Permit should the holder decide to work or invest in Mauritius at a later stage.
 
Life in Mauritius: An Exceptional Living Environment
Mauritius offers a unique and desirable lifestyle, perfect for those looking to relocate and enjoy a peaceful, nature-filled environment. Whether you live a fast-paced lifestyle or seek tranquility, the island allows you to unwind and rejuvenate amidst stunning natural beauty, such as beaches and sunsets.
The island is well-equipped with modern amenities, including supermarkets, shopping centers, high-end restaurants, and French pastry shops that offer both gourmet and organic products. Mauritius is committed to sustainable living, with plastic products (such as bags, cutlery, and containers) now prohibited, and recycling actively encouraged.
Residents can enjoy a variety of leisure activities, including cinema, live music (featuring both local and international artists), golf, horse riding, deep-sea fishing, skydiving, water sports, scuba diving, and kitesurfing. Well-equipped sports centers offer a wide range of options for fitness and recreation.
For those who love the sea, Mauritius offers the opportunity to obtain a boat license and either purchase or import a pleasure craft. Several yachting clubs and specialized companies are available for maintenance and servicing of pleasure crafts.
With a simple and attractive tax regime, a low crime rate, and a cost of living that is more affordable compared to other countries offering similar quality of life, Mauritius is a great place to call home.
 
The Mauritius Tax Regime and Its Benefits
Mauritius offers a competitive and straightforward tax system with a flat tax rate of 15% on income tax, corporate tax, and value-added tax (VAT). In addition to its favorable tax rate, Mauritius benefits from double taxation treaties with various countries. Notably, the tax system does not include:
  • Capital gains tax
  • Property or housing tax
  • Inheritance tax
This tax-friendly environment, along with other benefits, makes Mauritius an attractive destination for relocation and investment.
 
Climate in Mauritius
Mauritius enjoys a warm and tropical climate year-round, with an average temperature of 27°C. During the winter months (May to October), coastal temperatures range between 20°C and 26°C, while summer temperatures (November to April) can soar up to 32°C.
It’s important to note that Mauritius is susceptible to cyclones, which typically occur from December to May. For those planning to settle in Mauritius, it is advisable to familiarize themselves with local safety guidelines and prepare for potential cyclonic weather, including having a first aid kit readily available. Cyclones may cause disruptions, such as flooding, affecting daily movements.
 
Education in Mauritius
Mauritius boasts a wide range of private educational institutions offering English and French language instruction, making it an ideal destination for families relocating to the island. International private schools provide a robust curriculum that includes academic subjects along with extracurricular activities like dance, art, music, football, tennis, rugby, and golf.
Secondary school students can pursue international qualifications such as the General Certificate of Secondary Education (GCSE), A-Levels, the International Baccalaureate (IB), or the French Baccalaureate. International schools are also popular among Mauritian citizens, providing foreign students an excellent opportunity to integrate into the local community.
The country is rapidly becoming an education hub for Africa, with over 40 private higher education institutions affiliated with universities in France, the UK, and Australia. These institutions offer bachelor’s and master’s degrees in diverse fields such as management, finance, science, hospitality, tourism, medicine, computer science, law, and journalism. Distance learning options are also available.
 
Healthcare in Mauritius
Understanding the healthcare system is essential when relocating to Mauritius. The island offers a mix of private clinics and specialized centers that charge fees for their services, making it important for expats to secure adequate medical insurance before their move.
While public hospitals address most healthcare needs, private hospitals provide a broader range of services and higher-quality facilities. For more complex medical procedures that cannot be performed locally, patients may be transferred to hospitals in Réunion Island or South Africa (approximately a 40-minute and 4-hour flight, respectively).
 
Residency in Mauritius: Where to Live?
When choosing a location to settle in Mauritius, expatriates tend to favor the north and west of the island, though the east and south also offer unique advantages.
  • North: Known for a blend of modern conveniences and tropical charm, the north offers an urban yet laid-back lifestyle, with plenty of shops, shopping centers, schools, private clinics, and a vibrant nightlife filled with bars and restaurants.
  • West: Famous for its stunning scenery, the west is ideal for water sports enthusiasts and nature lovers. This region combines natural beauty with a lively social scene, including a bustling nightlife.
  • South: The south offers a more serene and rugged environment with fewer amenities than other regions, making it perfect for those seeking an authentic Mauritian experience and a closer connection with local culture.
  • East: The east is known for its village-like atmosphere, featuring some of the most beautiful beaches in Mauritius. The area also boasts luxurious hotels and world-class golf courses, making it a great choice for those seeking both tranquility and luxury.

    Here’s a complete guideline for the acquisition of property in Mauritius: https://edbmauritius.org/wp-content/uploads/2023/12/Guidelines-Acquisition-of-property-USD-500-000-.pdf
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