{"id":312941,"date":"2026-08-20T12:47:07","date_gmt":"2026-08-20T08:47:07","guid":{"rendered":"https:\/\/www.villa-vie.com\/?p=312941"},"modified":"2026-08-20T12:47:51","modified_gmt":"2026-08-20T08:47:51","slug":"the-finance-bill-2026-what-it-means-for-foreign-property-buyers-in-mauritius","status":"publish","type":"post","link":"https:\/\/www.villa-vie.com\/en\/2026\/08\/the-finance-bill-2026-what-it-means-for-foreign-property-buyers-in-mauritius\/","title":{"rendered":"The Finance Bill 2026 : What it means for foreign property buyers in Mauritius"},"content":{"rendered":"\n

1. A major reversal in the Finance Bill 2026<\/h3>\n\n\n\n

The revised Finance Bill 2026 clearly proposes the complete removal of the restrictive provisions that had initially raised concerns among foreign property buyers.<\/p>\n\n\n\n

Registration Duty:<\/strong>
The Bill repeals Section 3(1G) and Paragraph K of the First Schedule, effectively eliminating the proposed doubling of the registration duty rate for non-citizens.<\/p>\n\n\n\n

Land Transfer Tax:<\/strong>
Section 4(9) of the Land (Duties and Taxes) Act<\/em> is also repealed, removing the special tax that would have applied to resale transactions involving non-resident owners.<\/p>\n\n\n\n

In practical terms:<\/strong>
If the Bill is passed in its current form, the proposed increase to a 10% registration duty will no longer apply. Property purchases under approved schemes such as PDS<\/a><\/strong>, Smart City<\/a><\/strong>, IRS, RES, and IHS<\/a><\/strong> will continue to benefit from a much clearer and more attractive tax framework.<\/p>\n\n\n\n

2. A new 10% Tax focused on State Land<\/h3>\n\n\n\n

While the revised Bill removes the general increase, it introduces a more targeted measure.<\/p>\n\n\n\n

The new measure:<\/strong>
An additional 10% duty will apply to the transfer of residential properties located on State Land<\/strong> or Pas G\u00e9om\u00e9triques<\/strong>, under the Non-Citizens (Property Restriction) Act<\/em>.<\/p>\n\n\n\n

Who pays this tax?<\/strong>
This is a key point for investors: the additional duty is payable by the seller (transferor)<\/strong>, not by the foreign purchaser.<\/p>\n\n\n\n

Protection for existing transactions:<\/strong>
To safeguard ongoing transactions, this additional duty will not<\/strong> apply where an off-plan reservation agreement (VEFA)<\/a><\/strong> or a promise of sale<\/a><\/strong> was notarized before 19 June 2026<\/strong>.<\/p>\n\n\n\n

3. What does this mean for your property purchase budget?<\/h3>\n\n\n\n

Thanks to these legislative changes, buyers of luxury villas<\/a><\/strong> and apartments in Mauritius<\/a><\/strong> avoid the significant increase in acquisition costs that had originally been anticipated.<\/p>\n\n\n\n

Example:<\/strong> Purchasing a PDS villa for USD 500,000<\/strong><\/p>\n\n\n\n

Instead of facing an additional USD 25,000 to USD 50,000<\/strong> in registration fees, buyers can continue to purchase under the existing tax framework, subject to the final adoption of the Bill.<\/p>\n\n\n\n

Mauritius also continues to offer several key advantages for international investors, including:<\/p>\n\n\n\n