Perfect for foreigners looking to invest in real estate while benefiting from a favorable tax environment, Mauritius is a dream location for expats seeking a high quality of life, tropical environment and colorful culture. If you are about to expatriate to Mauritius, it is important to know the process and benefits that are associated with this decision.
Process, Visas, and Administrations…
When a foreigner invests $375,000 or more (or the equivalent in freely convertible currency) in a property available to foreigners in Mauritius, he or she becomes eligible for a permanent resident permit, also attributable to his or her dependents (spouse and children under the age of 24). However, you should be aware that the expatriation process can be complex, but with the help of Smart Traveller which is a key partner of Villa Vie, you can easily obtain the necessary visas and travel documents.
When you arrive in Mauritius, Villa Vie also offers you the opportunity to take advantage of the various programs specially designed for expatriates. Villa Vie will also help you take inventory of your new property, ensuring that everything is in order for your arrival and that your transition is as smooth as possible.
Mauritius and its tax advantages
Mauritius has become a popular choice for foreign real estate investors because of its low tax rate:
- A 15% tax rate on rental income,
- No double taxation with France,
- No property or housing taxes,
- No taxes on dividends and capital gains in case of resale,
- No taxes on inheritance tax.
For French investors, there is a total exemption from the real estate wealth tax (IFI).
Finally, by working closely with Smart Traveller for visas and other services, Villa Vie allows you to focus on what matters most: your new life in Mauritius. Contact us to find out more about how we can help you relocate to Mauritius.