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Nestled in the Indian Ocean, Mauritius’s notoriety has steadily grown over the past decades. Indeed, the pleasant temperatures, the incredible tropical environment, the hospitable and bilingual population (French/English), the dynamic banking and business sector as well as the high-end health and education services are attractive features of this destination offering an ideal setting to invest, live or retire.

Residence Permit

The residence permit is automatically granted upon purchasing a property as from $ 375,000 within a real estate project open to foreigners.

Low time difference

Mauritius is only 2 to 4 hours ahead of Europe and is served by frequent international flights every week.

Good governance

1st country in Africa for good governance according to safety and the rule of law, participation and human rights, sustainable economic opportunity, and human development (Mo Ibranhim Foundation, 2019)

Economy

The GDP per capita is $ 10,547. The country’s economy is dynamic and stable, with a GDP annual growth rate of 3.1% (2019).

Education and health facilities

Mauritius’ school system offers internationally recognised French and English curriculums as well as modern health facilities and reputed services.

Security

Mauritius is one of a few countries free from conflict or war threat, ranked 24th worldwide and 1st in Africa on the Global Peace Index (2019).

An attractive tax regime

Beyond Mauritius’ exclusive lifestyle, investing in property in specific programmes (IRS, PDS…) has numerous fiscal advantages for foreigners. The country has double taxation agreements (DTA) with 45 countries and if you wish to be taxed in Mauritius, you should stay on the island for at least 183 days per year to benefit from:

• No taxes on dividends, capital gains, on wealth, and on direct inheritance rights

• Free repatriation of profits, dividends and capital

• 15% tax rate for companies as well as on revenue

• Customs duties and VAT exemption on any goods imported through the freeport

• No exchange control

Retire in Mauritius

Non-citizen above 50 years old may obtain a residence permit in Mauritius (conditions apply) upon buying a property in a development open to foreign investors or, renting an apartment or a villa on the long term. A residential estate such as Anahita offers an ideal and serene setting to fully enjoy retirement.

For further information regarding the Residence Permit for Retired Non-Citizen, click here to visit the Economic Development Board website.

Advantages of the IRS programme

Residence Permit