Green real estate Mauritius: how to invest sustainably?

05/07/2022

Investing in a projectecological real estate Mauritius, more environmentally friendly, can have many advantages. This is all the more interesting when you want to invest in a stable country, offering several tax opportunities. Not to mention the possibilities of interesting valuations. Mauritius is currently a quality destination for financial trade and international trade. Besides being properly governed, it is also a politically stable country. Or the ideal choice for investors. In terms of easy to undertakeIt is probably one of the first African countries. In addition, the country also has good relations with Europe and is seen as a gateway to Asia, India and Africa. All these reasons make it a particularly interesting place to invest.

Why opt for an ecological good?

We no longer know that the real estate sector emits, like many other activities, a lot of greenhouse gases. This is particularly due to the energy it consumes. Fortunately, more and more goods are now part of a more Respecting the Earth. For this purpose, new types of housing have emerged.

These green housing aim to reduce energy consumption and waste production, while seeking sustainable materials.

Reduce your energy consumption

An eco-friendly house allows its occupants to consume less electricity, whether for air conditioning or for room heating. In addition, environmental project Mauritius This type uses materials that are not from petrochemicals: therefore less pollution. As far as housing is concerned, it is better to use plant, mineral or animal wool instead of synthetic materials. So you will bet on hemp or sheep wool, cellulose wadding, or straw...

Improve your living comfort

Thanks to optimized insulation of your roof and walls, your electricity consumption level will be lowered. This will also significantly improve air quality. As a result, well isolated housing will allow you to consume less and thus reduce your energy bill. At the same time, you will have healthier home who will also take care of your health.

Real plus-value on sale

There are many poorly isolated houses on the market. Therefore, a perfectly isolated dwelling will sell itself more expensive than a house with too much energy loss. The same applies to habitats which have ecological facilities such as solar panels, self-contained housing, or habitats with recycled or sustainable materials. These types of housing will particularly correspond to those who wish to engage in environmentally responsible investment.

 

Why invest in an ecological real estate project in Mauritius?

By gaining access to property on Mauritian soil, foreigners can create a heritage there through favourable laws put in place by his Government. This is done within a legal and economic framework that respects international standards. Once a property is owned, a foreigner is able to make a profit by renting it. It may be long-term or short-term leases, This varies according to preferences. In all cases, he may receive additional income. As it is open to foreign investors, the real estate sector in Mauritius is one of the most profitable and reliable, so you can acquire a permanent residence.

Investment models

An expatriate can live in Mauritius if he invests in real estate, while respecting the arrangements established by the Mauritian government. There are 5 types of investment schemes: the Integrated Resort Scheme (IRS), the Property Development Scheme (PDS), the Invest Hotel Scheme (IHS), the Real Estate Scheme (RES) and the R+2. With these devices, as a foreigner, you can purchase a house, apartment, villa or luxury villa in Mauritius. In addition to the tax benefits, you will be able to invest safely. On the other hand, some investors want to settle in this country for a more comfortable life, while others want to make a rental investment to optimize their capital.

Tax advantages

The business climate in Mauritius is favourable for foreigners. This ease of access to real estate is mainly due to its advantageous taxation on capital gains, estates and wealth. Real estate in Mauritius is cheaper than other countries. In addition, you will only have to make a single tax. As a result, the real estate programmes offered by this paradise island are particularly suitable for pensioners and foreign investors. It is therefore the ideal choice for your environmental project Mauritius.

Non-double taxation agreements

Today, many foreign companies choose to relocate some of their services to Mauritius. This allows for the benefits of non-double taxation agreements. For example, countries such as the United States, France, China, India, as well as several other African countries. These agreements effectively allow foreign companies, as well as independent foreigners domiciled in the countries that have signed these agreements, to pay their taxes only on their Mauritian income.

Real estate investment in Mauritius: a regulated framework

When an investor wishes to purchase housing in Mauritius under the legal devices (RES, IRS, PDS or IHS), he must inquire about the steps. Real estate investment in that country is subject to a regulated framework. First of all, the first point to know is that all contracts and documents must be made and registered in French. It's notarial. In the case of collateral deposits, they will have to be recorded in bank escrow accounts. In addition, there are other regulations to be observed, such as guarantees of completion of work for VEFA (Sales in the State Future Completion) and promoters.

 

 

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