Mauritius, as the island is also called, is often synonymous with beautiful white sand beaches. It makes you dream, doesn't it? But do you know why French people love investing in real estate in Mauritius? In addition to its dream setting, the island attracts more and more French people who want to make financial investments in the purchase of goods thanks to many economic benefits. Find out why French real estate investors are already attracted by Mauritius.
Economic benefits for French real estate investors
Current circumstances, reasons dâInvest in real estate in Mauritius many, but those with particular attention from the French are Attractive taxation and the good economic situation of the country. On the other hand, real estate prices on Mauritius are very attractive, compared to those in the metropolis for the same type of property, which continues to rise.
Tax advantages for your investments
It is true that this is one of the main reasons why buying one or more goods on Mauritius proves to be a excellent investment.
The Government has put in place a series of measures to promote real estate purchases:
- Non-double taxation law : This Mauritian law approved by some 40 countries, including the French government, allows you to choose only one tax residence;
- No taxes on capital gains or dividends;
- Personal and corporate income are taxed at a fixed rate of 15%;
- No inheritance right;
- A very attractive tax credit on offshore companies (80%);
- An identical tax system for all, Mauritians and foreigners
Efficient return on investment
Investing in real estate in Mauritius is making sure to have a good profitability on your acquisitions. It should be stressed that the country's economic stability allows for sustainable real estate activity. Moreover, the country is very popular with tourists throughout the year. As a result, property is quickly taken over. So you have every chance to see your apartments or villas rented continuously. Either through long-term rental or short-term rental. Finally, access to real estate on Mauritius is relatively simple. Moreover, bank borrowing rates are reduced and banks can grant you a loan.
Inflation in France
In recent years, the real estate situation in France has not particularly encouraged the purchase.
In fact, prices that continue to climb throughout the country, whether in the countryside or in the city, are added to the price. housing taxes and property taxes. Moreover, the price you could put in an apartment in a large French city could be similar to a villa in Mauritius.
High accessibility to invest in real estate in Mauritius
Obviously, that you were looking to buy a apartment in Grand Baie, a duplex on the Black River marina, a penthouse in Tamarin or a villa in the water on the beach of la Preneuse, there are plenty of offers.
In order to attract potential French investors, the Mauritian government has put in place a series of licences for facilitate access to purchase.
Programs to invest in real estate in Mauritius
The Mauritian government allows foreign investors, including the French, to acquire goods for sale through different real estate programmes:
- The PDS (Property Development Scheme): It is a real estate acquisition program that allows you to purchase luxury properties under certain conditions. Investing in a PDS allows you to become eligible for a residence permit and receive tax benefits for you and your family;
- IHS: Unlike the PDS, the IHS program does not allow to become a Mauritian resident. However, it makes it possible to invest in hotel complexes and to benefit from the tax attractiveness of Mauritius (as stated above);
- The R+2: This program offers the possibility for French investors to acquire a condominium apartment, in a building that must have a minimum of 2 floors. Again, you get tax benefits and you can claim a temporary residence permit of up to 6 months.
Contact a professional to find out what pattern real estate investment in Mauritius, That's right.
Experts at your disposal for your real estate transactions
Thanks to these various schemes, it is now possible to offer you a villa or penthouse with sea views of Mauritius. You can always count on the island's experts to facilitate your real estate transactions. Indeed, to use a real estate agency on Mauritius is to entrust the management of your property safely. A team expert in several areas you will be indispensable for the administrative management, accounting, renting, selling...
Investing in a pleasant living environment
Mauritius is a tourist destination very popularthanks to its image of paradise postcard, its beautiful sandy beaches, its sweetness of life. Not to mention its national parks and the many activities proposed on site.
Choose Mauritius for its tourist attraction
Mauritius is often considered a luxury or honeymoon destination. Right, because the island is famous for the beauty of its beaches. But it is also loved by its lagoon, beautiful villas or luxury hotels... In other words, a destination idyllic suitable for relaxation, snorkelling and seaside walks. But the island has much more to offer than that. Explore nature parks! Adventure the tea and vanilla plantations! Discover the incredible wildlife that people the island!
A good economic and security situation
The island enjoys a good economic situation. Indeed, despite some complicated years due to the Covid, the economy of the country remains stable. In particular, it remains so because of its offshore financial activity, its textile industry and sugar cane production. She even arrives in the top 3 African countries with intermediate incomes. The security situation is also very good. Given that the island enjoys a stable political situation and offers a peaceful and calm living environment.
Jump the step of real estate investment in Mauritius !
You now know a little more about the advantages of buying property in Mauritius. And you know the reasons why French people love investing in real estate in Mauritius. If you are ready to jump, don't hesitate to call on real estate experts. They will guide and accompany you in your project.
Learn more about the various regions to find out where to invest in real estate Mauritius:
How can you make a successful purchase in 2022?
- You can read the article here
#invest real estate Mauritius #expatriation Mauritius
