BUSINESS OPPORTUNITY: HOTEL RESIDENCE To be held in Mauritius
What's more beautiful than having a residence in a paradise atmosphere? Cultures, an irresistible view of the landscape, gastronomy, tourism are the strengths of this country. All it takes for the good running of a five-star hotel. Offer your guests a luxurious setting with a breathtaking view in a wonderful country. Find out more about the acquisition of a hotel residence in Mauritius.
What is the model of investing in a hotel residence in Mauritius?
For at least 4 years the new law of acquisition of real estate brings together the 2 models investment who was IRS, RES. The law called PDS (Property Development Scheme) was enacted in May 2015. In principle, the IHS (Integrated Hotel Scheme) was the appropriate investment model for island hotel residences.
Why opt for the PDS model?
By choosing this model, you automatically get the title of permanent resident and you reside for the time you want in Mauritian territory. With the PDS, the land must have at least one arpent and not more than 150, it must have a safety system at all possible levels and a management of household waste. You will be taxed at a single rate of 5% as registration fee and registration fee on your real estate transactions.
The IHS investment model
Under the rules of the IHS, the programme to invest in hotels, the purchaser can only stay on the premises for a maximum year. It must be rented to the seller, but has the possibility to use it. Apart from taxes, the investor must not buy a villa below $500,000, but yes for other real estate.
The advantages of investing in a hotel residence
A formidable area of enormous resources, Mauritius has the full potential for real estate development. Thanks to the flexibility of its tax economy, it is one of the most profitable countries in terms of real estate investment. Having a hotel residence in Mauritius is no doubt about its profitability. Indeed, this beautiful country has within it the cultural values and favorable to the emergence of a hotel. There is no reason for a customer to be satisfied, almost every city has attractive potential to captivate the customer. It must be said that nature lady has done much to create the landscape in this country. You also benefit from the non-double taxation agreement when you are part of one of the 43 member countries of the signature. Thus, you are spared any tax on your income, whatever the profitability of your investment. It is up to you to understand your market in the locality of your property acquisition and to make its assets the strength of your performance. Let us not forget to notify the political stability and its climate of the noblest that it exists, make this country only an area of tranquillity and tranquillity. Moreover, the density of tourists is increasing every year.
Some examples of investment
As you all know, somewhere, there are more affluent than yourself! This means that not everyone can achieve equal financial and social equality. So the more you invest, the greater your income.
Investment by geographical area
In any country, there are more beautiful cities one than the other. For example, the cost of a home purchase in the capital would not be the same as that of a remote city. Each locality has its charm, its gastronomy and many other considerable assets. Thus, you will not be able to claim the same turnover in 2 different cities.
Investment by amount
An investment of EUR 500 000 in a hotel residence will not yield the same benefit as that of EUR 2 million. However, it should be noted that certain criteria apply precisely to the geographical area and the investment model chosen.
Is this a turnkey investment?
Of course, yes, especially as this idyllic island has everything to please. Its charm is not comparable if one can afford to tell any African country. This country has almost no shortcomings that constitute an obstacle to real estate investment and even more a hotel residence. This is the best real estate opportunity that it can exist in the world. There is no doubt to be done for the clientele, as tourists do not miss out and they have to find luxurious and comfortable suites or rooms for their stay.
Is it possible for a foreigner to invest in a hotel residence in Mauritius?
The economic flexibility introduced by the Mauritian government grants all foreigners a free movement and taxation that is mild or non-existent at certain levels. The agreement of double taxation signed between the 43 countries and fiscal policy through the PDS, the IHS and the R+2 make Mauritius a haven of peace. Under the PDS model, you are exempt from capital tax, general social contributions, property tax and housing tax. Also, you are only taxed at 15% on the income from renting your residence through the conventional agreement. The IHS model grants only 30 to 45 days of stay in Mauritian territory to the citizen who made his real estate acquisition. Indeed, this model is much more suitable for foreigners who do not want to make Mauritius their country of residence. Investors often buy and entrust the management of their hotel residence to sellers. With the R+2 the acquired property must necessarily be a building on at least two levels. It is a model that gives foreigner access to stay only for 6 months on the island, so it does not confer a right of permanent residence.
Buy your hotel residence in Mauritius to make the most of its cultural and tax advantages. Subscribe to our page if you liked this article for more discoveries.
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