Establishing a tax residence in Mauritius
Moving to Mauritius to enjoy a living environment and an extraordinary quality of life is very simple. By becoming a Mauritian resident, according to the conditions in force, you will benefit from all these tax benefits.
Why? establishing a tax residence in Mauritius?
The taxation of Mauritius is very attractive for expatriates. It applies not only to Mauritians but also to holders of a permanent residence permit. Mauritian residents are dependent only on the taxation of Mauritius and must pay the taxes in force in Mauritius. Unlike many countries, including France, the Mauritian government does not levy taxes on inheritance taxes, does not tax on capital gains or solidarity taxes on wealth. Citizens and residents are subject to 15% income tax.
Who can obtain resident status in Mauritius?
Mauritius' tax benefits are available to Mauritian residents. As a retiree, procedures are facilitated. 50 years old and holder of a bank account on Mauritius with at least 34,000€ per year, collected outside Mauritius, you are eligible for a residence permit. First of all, for a period of 3 years, it will then be converted into a permanent licence and will give you access to Mauritian tax benefits.
As an individual, the acquisition of a property PDS, IRS or RES allows you to apply for Mauritian resident status. To obtain permanent status, different from the Occupancy Permit, certain conditions must be met:
– Your main professional activity is domiciled in Mauritius
– Your principal residence is located in Mauritius
Your principal residence is established from the moment you spend more than 6 months in Mauritius, or at least 183 days a year.
The steps to be taken to become a permanent resident in Mauritius
The permanent Mauritian residence permit is valid for 10 years and is renewable. To request this, please contact the « Residence Permit Section » the following supporting documents:
– A copy of your passport
– 4 identity photos
– An extract from the criminal record
– A certificate of income in Mauritius in the previous 3 years (for an individual)
– A transfer certificate worth 34,000€ to a Mauritian bank (for a pensioner)
– A medical certificate from a Mauritian doctor
You must also take the necessary steps with your country of origin. In the case of France, you must:
– Communicate your new address to the tax centre of your region in France (before your departure)
– Declare your income from January 1st of the year of your departure until the date of your move to French taxes
– Report your income collected in France (professional activity, real estate income...) each year to the tax centre for French non-residents
Our LLH team will be there to accompany you and establish all these steps with you for ease and speed in peace.
