Mauritius, a paradise destination
Mauritius welcomes millions of visitors from all over the world every year.
Known for its beautiful landscapes, green mountains, lagoons and beautiful beaches limited by a large coral barrier, Mauritius is a paradise destination.
This island, which is 1132 km from Madagascar, has volcanic craters today.
Mauritius is also a stable and dynamic country. The lack of natural resources was not a heavy burden for the country, especially after its independence in 1968. On the contrary, that's what allowed him to pull his pin from the game. The country capitalized its tropical environment and labour force. These are the best assets that have enabled the island to develop not only tourism industry, but also the agricultural sector and the Textiles. Today, Mauritius is the undisputed leader of the African region in many areas, despite its small size.
Mauritius: a stable country
The political structure in Mauritius remains based on the British parliamentary system, which means that the separation of executive powers applies. Socially, stability is also indisputable. Mauritius is composed of a rainbow nation and is a crucible of different cultures â European, African, Asian, English. Successive regimes have succeeded in imposing a policy of equality, thereby significantly reducing the crime rate. In short, the island enjoys a quiet, peaceful and secure environment, for the greatest pleasure of both locals and tourists.
Profitable taxation
If you are planning to settle in Mauritius as a real estate investor, you have certainly wondered what the tax situation was. Taxes, taxes, charges. The question is, are you going to pay more than in France? The answer is no. First, you can enjoy the single tax rate of 15%. You can also enjoy many tax exemptions and reductions.
The single tax of 15%
Know that a single 15% tax has been introduced by the Mauritian government to encourage foreign investment. This single 15% tax applies to income, company CA, land income and rental income.
Income taxes
As an expatriate, if you work in a business in Mauritius, you will be subject to a monthly wage burden of 2.5%. Like a Mauritian resident, 1.5% of the CSG will go to the National Pension Fund and 1% to the National Savings Fund. If you are a French national, it is important that you note that Mauritius and France have both signed a non-double taxation agreement. There are also no pension and health expenses. You are free to contribute to health insurance or pension insurance. If you do, you will benefit from an exemption on part of your taxes.
Tax exemptions for businesses located on the island
If, as an investor, you decide to start your own business in Mauritius, know that you will have access to many benefits.
- No inheritance right
- No taxation on dividends
- No taxation on capital gains generated
- No taxation on import-export activities
- No customs duty on imported goods and equipment
- No property tax
Real estate prices in Mauritius
In recent years, the rise of the real estate market in Mauritius has remained remarkable. Today, it is also possible for all foreign investors to benefit from a permanent residence permit by investing in a real estate project Mauritius. The only condition is that the price of housing remains at about EUR 300 000.
In any case, in the face of rising prices, the real estate in France, investing and settling in Mauritius remains the best option. Especially as you will have a choice among a wide range of accommodation. And they are offered at prices that defy any competition with regard to their quality and level of services. The criteria for varying prices are mainly the location (seafront dwellings are more expensive), the size and type of property. Apartment, duplex, penthouse, villa The choice is yours. In any case, you can ask for an accompaniment real estate agency Mauritius, both as part of a purchase and as part of a long term rental.
Also know that to purchase a home in Mauritius as an expat, you can integrate real estate programmes Specific. You will be able to benefit from a personalized support, as well as within the framework of a program real estate new island Mauritius in real estate transactions. A real estate expert registered in this program can also assist you in the realization of any approach to living Mauritius.
The cost of living on the island
Compared to the situation in France, the cost of living in Mauritius is relatively low. If you live alone, with an income of 1000 euros per month, you will be able to live properly. On the other hand, if you have decided to go with your family, 2000 euros per month will be enough by including leisure and transport. It should be noted that there are plenty of activities on the island.
If you wish enjoy your retirement in Mauritiusyou may have an extension of your visa for a renewable period of 10 years. In the case of workers with a premium visa, a permanent residence permit can be obtained. The condition is to have at your disposal an occupation permit â held for 3 consecutive years â with a validity period of 20 years.
I hope you will understand the Mauritius to live, work, invest is an excellent choice. This country will welcome you as you deserve.
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If you want to invest in a real estate program in Mauritius read our recommendations:
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