Real Estate Investor June 2021 June 2021 | Page 66

Invest , live , work or retire in Mauritius

Why right now is the perfect time to purchase property in Mauritius
• Secure offshore investment
• Maximum 15 % tax rate
• No exchange controls / Capital Gains / Inheritance Tax
• Low mortgage rates of 3 – 4 %
• Close to home ( 4 – 5 hour flight )
• Long term visa / residency with property purchase .
• Ideal retirement / relocation destination , close to family , friends and your RSA business .
• Plan-B due to political / economic volatility in RSA .
• Rand hedged to USD / Euro
Purchasing Property in Mauritius
The Government of Mauritius has introduced various schemes in which foreigners can choose to invest in real estate in Mauritius . Since the island has many businesses and tax incentives , foreigners are motivated to invest or move to Mauritius for business , relocation purposes and retirement .
Buying a property , as an investment or for a family or secondary home , is easily available and highly sought after . The different schemes / programmes have been designed to facilitate the acquisition of residential and commercial properties by non-citizens or companies , in Mauritius .
Permanent Residence Permit
In Mauritius , a Permanent Residence Permit can be obtained through purchasing a property , at the value of US $ 375,000 or higher , which is part of a Property Development Scheme ( PDS ) / Smart City
Economic Developments
The island has seen an incredible economic transformation . It has moved away from a low-income , agricultural dominated economy towards a more elegant diversified one . This change has garnered significant foreign investment crowning it one of the highest per capita GDPs in the African region .
Residency & Retirement in Mauritius
There are a number of permits and schemes that allow business owners and retirees to reside and enjoy the benefits of living in this tropical island .
NEW Premium Travel Visa
For those wishing to test out the lifestyle in Mauritius , a new Premium Travel Visa welcomes any non-citizen to live on the island for up to one year . Travellers using this visa can holiday as a tourist , retiree or even work remotely during their stay .