Mauritius: A paradise retreat for expatriates

Mauritius is a prime destination for foreign retirees. In addition to existing real estate programs aimed at foreign investors (PDS, RES, etc.), the Mauritian government has chosen to actively develop the “Silver Economy” and make it a real engine of growth. If you’re thinking of spending your retirement in Mauritius, here’s what you need to know:

Why choose Mauritius?

Renowned for its idyllic living environment, the country offers many advantages to retirees:

• An advantageous tax system: Mauritius attracts foreign investment by offering attractive tax reductions and deductions. In particular, foreign retirees benefit from the absence of fortune tax and succession duties.
• Attractive real estate programs: Since 2002, expatriates have been able to become homeowners in Mauritius thanks to real estate programs such as the PDS. By investing at least Rs 6 million in an apartment in a 2-storey building (Ground + 2 Scheme), you can stay on the island for 6 months a year.
• A high-quality healthcare system: Mauritius boasts modern private medical facilities, supported by expatriate and local professionals trained abroad. What’s more, the proximity of Reunion Island facilitates medical evacuations in case of need.
• A rich and diverse culture: The country is known for its exceptional cultural diversity. Retirees can take advantage of this richness, particularly through Mauritian gastronomy, which is as varied as it is tasty.

Being a retired expatriate in Mauritius

In order to reside in Mauritius as a retired expatriate, the following criteria must be met:

• Be aged 50 or over and not be a Mauritian citizen.
• Pass medical examinations before applying for a residence permit.
• Make an initial transfer of at least USD 1,500 into a local bank account.
• Make monthly transfers or transfers in instalments of at least USD 1,500, for an annual total of at least USD 18,000, for 10 years.
• Provide annual proof of transfer of funds to the EDB (Economic Development Board).
• In terms of tax benefits, foreign retirees in Mauritius enjoy exemption from property and succession tax, and a 15% tax rate on personal income, including rental income.

Specially developed communities

Mauritius aims to become a leading destination for retirees. The government has therefore set up a new real estate program meeting specific standards, integrated with existing PDS programs. These dedicated retirement communities will offer personalized care services, leisure facilities and an environment suited to the older generation.

Choosing Mauritius for your retirement means opting for an exceptional quality of life, a preserved natural environment and attractive tax benefits. Don’t miss this opportunity to make the most of your retirement in this unique tropical paradise.