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What if, we move to Mauritius ?

New start, new adventure: living in Mauritius?

You decided to take the plunge, or to cross the ocean, to come and live in Mauritius? How do you manage in terms of real estate for a successful long-distance move? Villa Vie lists for you the essential points to know.

Why settle in Mauritius?

Located in the Indian Ocean, Mauritius is strategically placed between Africa, Asia and Australia. Its tropical climate has an average temperature of 25°C all year round, with generally sunny winters and hot summers.

A modern, economically prosperous and dynamic country, Mauritius has just welcomed its first tramway, called Mauricio. This makes it easier to reach the capital.

Multicultural and historically rich, this country warmly welcomes foreigners. Those are happy to settle here, particularly through real estate programs specially designed for them.

In Mauritius, French and English are spoken, you may also hear some Kreol, a local language close to French. It’s in fact a clever mix of several other languages and dialects.

How to settle in Mauritius?

The first step to live in Mauritius will be imperatively apply for and obtain a full year residence’s right, in the form of a permit granted by the Mauritian authorities after a deep study of the applicant’s submission. In any case, residence in Mauritius is granted in the following cases:

  • Acquisition of real estate in the country in a special program;
  • Creation of a company with a minimum investment;
  • Retirement not before 50 within several conditions.

A modern and dynamic country

Good to know:

As a foreigner and holder of a classic tourist visa, you have the right to stay in Mauritius for 3 months, renewable for an additional 3 months.

Investing in real estate to reside in Mauritius

If you have decided to go through real estate to become a permanent resident in Mauritius, here are the specific conditions for foreign investors:

  • Invest a minimum of $500,000 in an apartment or a villa;
  • Buying a property under a Property Developement Scheme (PDS). Note that this program replaces the former IRS or RES programs, even though some of which are still on going;
  • Investing in a Smart City Scheme.

For more information on this new adventure that awaits you in Mauritius, the real estate agency Villa Vie will be pleased to answer all your questions and help you find the ideal apartment or villa which will allow you to become a permanent resident in this paradise island!

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