Tailored for both locals and foreigners, Property Finder is a website that can help you:
To save you time and hassle, we've accumulated a bank of valuable information about buying property in Mauritius. Our website is a one-stop-shop where you can conveniently find tips about what is available to buy in the country. Our buying guide is designed to essentially hold your hand and walk you through the buying process so you understand it before buying property.
Whether you're looking for a grand villa with a sea view or a sun-kissed apartment, we've got several property options for you to choose from. Our selection includes completed projects that are ready to be moved into or off-plan projects that are in their formative stage. We don't settle for anything less than perfect - collaborating with regional field experts and registered companies.
The Mauritian ministry is devoted to pinning its country on the world map by prioritizing quality education and human resource development. Global progress and innovation are some of the nation's core objectives, which is why the country is dotted with some excellent educational institutions. The ministry strives to make education and related resources accessible to all.
Learners are equipped with everything they require to excel in their field. They are encouraged to adapt to a rapidly globalized environment, innovate, and make notable contributions to their industry and Mauritian society. There is a booming rise in the country's education to attract foreign residents that want to raise their children in Mauritius. The country is continually building new schools and universities, and is promoting a well-rounded international curriculum.
About 9.8% of the government's total annual expenditure goes to the public healthcare system where Mauritian locals and permanent residents benefit from free medical services. Foreign visitors, however, would need to personally finance their healthcare requirements. Expats are strongly advised to secure health coverage before travelling to the country.
The Ministry of Health and Quality of Life is primarily responsible for the development of a comprehensive health service to meet the needs of the 1.3 million population. Medical cover should be a major priority in order to take advantage of the country's emerging number of hospitals and clinics employing highly-professional doctors and nurses.
TWhile Mauritius is usually described as paradise, there's often trouble in paradise when it comes to petty crime. Prevention is the best remedy for this situation. When visiting bustling tourist destinations like Port Louis, Grand Baie and Flic en Flac, be mindful of your valuables and keep your bag zipped shut and tightly held. Using your hotel sat is practical, but go the extra mile and store handy copies of important documents, including your passport, separately.
Don't let what you've just read alarm you. Mauritius is one of the safest countries in the region, and crime rates have remained flat in the recent years. Like any city, crime cannot be entirely erased - only highly controlled and avoided. Crime in Port Louis, one of the busiest sites in the country, has a lower crime rate than most North American cities of a similar size. The crime rate only decreases from there, in other parts of the island. Violent crimes involving tourists and business travelers are uncommon, and the country's overall crime rate is reassuringly low.
The newly launched Property Development Scheme (PDS) enables foreigners to purchase Mauritian property. When a non-national invests more than 375.000 USD in a villa, they become eligible to apply for a Mauritian passport following five years of property ownership.
Low tax rates of 15% (with no capital gains or inheritance tax) encourages growing your business in an idyllic environment. Picture an endless expanse of ocean or mountains through your office window.
The country enjoys low levels of government regulation which appeals to high net worth individuals. Residents are free to invest overseas with no exchange controls. Mauritius has a well-developed stock exchange and banking system. Conducting business in the country is convenient and free of hassle. In its 2016 edition of Doing Business report, the World Bank ranked Mauritius as the best country in Africa for people looking to start or relocate their business.
Mauritius has much to offer to both tourists and investors. While the country is blessed with scenic white sand beaches, crystalline waters, and luscious greenery; it also boasts a structured economy.
This humble little island in the Indian Ocean is naturally blessed with flawless beaches, sparkling crystalline waters, and an exotic array of flora and fauna. The people are as warm as the country's tropical climate, dishing out delicious coastal cuisine and vibrant cocktails. Given its geographical location and natural beauty, it's got a bustling expat community from all over the globe.
It's not just sunshine and BBQ parties, though. Mauritius also boasts a stable political system, active business environment, modern infrastructure, and a host of up-to-date medical services. The country is rich with opportunities, tailored to encourage property buyers and foreign investors. The real estate market is on the rise, and features a collection of stunningly beautiful projects. You can find a variety of properties suitable for a wide range of budgets - from stylish studio apartments to elaborate villas flaunting glamorous pools and verdant gardens.
So, you've fallen in love with the beaches. You can't imagine going back to uninspiring takeaways back home after a taste of fresh Mauritian seafood. And the island's weather has sent you weak in the knees. If you're cooking up a plan to retire in Mauritius, here's some food for thought.
Non-citizens can move to the country either under a residence permit or permanent residence permit. One way of acquiring a residence visa is by investing in property. In order to relocate to Mauritius as a retiree, you must be 50+ years and be able to transfer a minimum of 18,000 USD annually to your local Mauritius bank account. In three years, you should have transferred a total amount of USD 54,000 to your bank account. If you have invested USD 375,000 or above in a property, you are eligible to apply for a residence permit upon signing the deed of sale.
A holder of an Occupation or Residence Permit is eligible to apply for a 20-year Residence Permit provided the following specific conditions are met:
Qualifying activities: Agro-based industry, Audio-visual, Cinema and Communication, Banking, Construction, Education, Environment-friendly and green energy products, Financial Services, Fisheries and Marine Resources, Freeport, Information Technology, Infrastructure, Insurance, Leisure, Manufacturing, Marina development, Tourism and Warehousing, Initial Public Offerings.
Existing OP/RP holders eligibilty for PRP
Discover the beauty of the destination Mauritius through our brochure with a selection of the most beautiful real estate projects accessible to foreigners, more than just a lifestyle in a paradise setting, a new life in one of the most beautiful place on earth. We offer a real guide on where to invest, the international private schools available on the Island, the best medical insurances and all the partners that will accompany you through all the process of buying a property in Mauritius.VIEW
When you acquire an IRS or RES PDS property in Mauritius, by buying a real estate which price shall exceed $375 000 (approximately 338,000 euro), an individual will be granted a permanent resident permit. If you are a senior citizen you can also enjoy a peaceful retirement without worrying about the different procedures may consider this option.
When buying property in Mauritius you will face the following legal costs:
The Notary fees are calculated as follows:
Rental income of nonresidents is taxed at a flat rate of 15%. Income-generating expenses are deductible when computing for the taxable income.
Double taxation is avoided by means of a tax credit allowed for tax paid in the other state. The treaty, as well as Mauritius tax law, provides for credit in respect of underlying tax relating to dividends and tax sparing relief for tax exemption or reduction granted by a state.
No capital gains tax is levied in Mauritius, gains from the sale of shares are taxable only in the country where the shareholder is resident. While Mauritius does not levy capital gains tax, any gain or profit from the sale of securities or units is specifically exempt from income tax.
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Due to the new data protection regulation which will come into force on 25 May 2018, we would like to inform you of the changes we have made to our existing agreements as to ensure that we continue to act in accordance with the applicable Data Protection Legislation.
Our existing contractual agreement contains data protection clauses which govern the way we share and process our clients and or employee’s personal data. These requirements are necessary for us to fulfil our contractual obligations while providing services to our clients.
Please find herein the most up to date version of these clauses.
The addendum below will be effective from 25 May 2018, we will assume that you agree with these amendments, if we continue to provide or receive services to or from us. GDPR implementation has been a challenge for many organisations and at PropertyFinder.mu we will be very happy to assist you with any query or clarification you may need regarding GDPR and/or our data processing procedures.
If you have any questions regarding the clauses below, please contact our compliance department on PropertyFinder.mu.
The purpose of this addendum is to update your existing agreement with PropertyFinder.mu. These changes are necessary to ensure that we can continue to act in accordance with applicable data protection laws and regulations after 25 May 2018. If you continue to provide services or products or use our services or products after the above date, we will assume that you agree with the amendments to the Agreement we have in place with you.
1. Data Protection Legislations means the Data Protection Act 1998, the EU Data Protection Directive 95/46/EC, General Data Protection Regulations GDPR 2016/679, the Regulation of Investigatory Powers Act 2000, the Telecommunications (Lawful Business Practice) (Interception of Communications) Regulations 2000 (SI 2000/2699), the Electronic Communications Data Protection Directive 2000/58/EC, the Privacy and Electronic Communications (EC Directive) Regulations 2003 and all applicable laws and regulations relating to processing of personal data and privacy, including where applicable the guidance and codes of practice issued by the Information Commissioner.
The words “personal data”, “data subject”, “data controller” and “data processor” herein shall have the meaning given to them in the Data Protection Act 1998 and or General Data Protection Regulations GDPR 2016/679 or as subsequently introduced.
3. We warrant to you, and you warrant to us, that, where either you or us collect personal data from clients or another third party, which one party subsequently transfers or makes available to the other, that we or you (as applicable) have:
Property Finder was founded in 2017 with the aim of providing builders and developers a place where they could go to find great development properties, for sale. We bring together key information about each property to help save the developer, or builder, time.