Buying guide for foreign purchasers
What to know before buying in Mauritius: schemes, taxation, residence permits and real costs.
Schemes
Where can a foreigner buy?
PDS — Property Development Scheme
The main scheme today: villas and apartments in approved resorts, open to all foreigners with no minimum price. Residence permit from USD 375,000.
IRS / RES
Earlier schemes, still active on the resale market. IRS on large estates, RES on smaller projects.
G+2 apartments
Apartments in buildings of at least two floors above ground level, open to foreigners from MUR 6m.
Smart Cities
Integrated towns mixing homes, offices and retail, with tax incentives and new infrastructure.
Taxation
The Mauritian tax framework
15%
Flat rate on personal and corporate income.
0%
No capital gains tax on property.
0%
No inheritance tax and no wealth tax.
5%
Registration duty on purchase, paid by the buyer.
Mauritius has double taxation treaties with France, the UK and Germany. Your personal position must be confirmed with a tax adviser — we introduce you to one.
Residency
Residence permit by investment
A purchase of at least USD 375,000 in an approved scheme grants a residence permit to the buyer, spouse and dependent children, valid for as long as the property is held. We prepare the file with the Economic Development Board.
FAQ
What buyers ask us most
- Can I get a mortgage in Mauritius as a non-resident?
- Yes. Mauritian banks typically finance 50–70% of the price for non-residents, in EUR, GBP or USD. We present your file to several lenders.
- How long does a purchase take?
- Expect 6–12 weeks from accepted offer to notarised deed for an existing property, longer off-plan where payments follow construction stages.
- What are the real costs?
- 5% registration duty, roughly 1–2% notary fees, and agency commission paid by the seller. We charge you no advisory fee.
- Can I rent the property out?
- Yes, long-term or short-stay. We work with local managers; gross yields commonly sit between 4% and 6%.
- Do I need to be on the island to buy?
- Not strictly — power of attorney and guided video tours are common — but we strongly recommend one scouting trip.