Why buy a secondary residence in Mauritius?

04/12/2022

LEADING LUXURY HOME

WHY DO YOU BUY SECONDARY RESIDENCE IN MAURICE?

Human is a person who loves to please himself. A sports vehicle, brand watches, outfits of famous stylists, offer quality care and or provide better education to his children. Whether retired or active, going on an adventure or travelling with a couple or family is also a luxury that man in general affords from time to time. Then why not? investing in real estate in Mauritius By offering outright a secondary residence? A replacement home is a good solution to change air and escape everyday stress. It is also important to choose your second place of residence. A countryside for example, mountains are also good choices or why not an island? An island like Mauritius.

Where is Mauritius located?

Making a trip anywhere in the world is first of all about informing yourself about the journey and more precisely about the destination. The very first information to know when a trip imposes upon us is the geographical location of the place where it is going. Mauritius is located in the southwestern part of the Indian Ocean, north of the Capricorn tropic and belongs to the Mascareigne archipelago with well reversed varieties. Mauritius is 855 km east of Madagascar, about 2400 km south-east of continental Africa and covers 3900 km south of India, it has about 1,3 million inhabitants of different communities, most of which are mixed. This island, volcanic by birth, was later extinguished thanks to government interventions and is full of many assets such as beautiful beaches of fine sand, waterfalls, gorges and high plateaus to name but a few.

What is a secondary residence?

A secondary residence is a « Second house » or « country house » which is often not in the same country or locality as the first residence, i.e. the main residence. It is a place that is not sufficiently frequented throughout a year, unlike the main one which is well-appointed, which enjoys a beautiful decoration and which is well furnished. The housing of a secondary residence is only done during holidays, weekends and work assignments. It is important to recognize that it is impossible to have two principal residences, but it is possible to make his secondary residence a principal residence.

Why a secondary residence in Mauritius?

The first concern of all about the place of residence is most often about its environment. In this respect, it is important to note the positive impact of Mauritius on its inhabitants. Located in the heart of the Indian Ocean, this island does not go unnoticed due to the following reasons:

A perfect living environment

First of all, in this country, it is always beautiful, an impressive setting that above all makes you want to stay there for a long time. It is also one of the reasons why many foreigners choose it for a secondary facility.

Beautiful beaches

Then, Mauritius surprises by the considerable amount of beautiful beaches of fine and soft sand, beautiful turquoise waters, the existence of a sunny nature.

The hospitality of the inhabitants

At the level of the inhabitants of this island, there is a great diversity of religion and culture. What is attractive is the know-how, the respect of the other, the peace, a perfect cohabitation of each other despite these differences. All of these aspects demonstrate the social stability of Mauritius.

Also, there are no communication problems among Aboriginal and foreign residents through the practice of bilingualism that allows foreigners to integrate the community very quickly without disturbing themselves.

A strong economy

This country has a considerable economic base. These areas of activity that generate enough income are generally tourism, textile, ICT, outsourcing, fishing, the sea industry, and real estate promotion projects. Mauritius offers favourable conditions for investors and protect them is one of the most significant benefits

A good business climate

The existence of an environment that promotes business. This country is best advised in terms of business because of the unique facility thanks to its platform that allows all its foreign investors and professionals to start an income-generating activity within three days.

Qualified human resource

Mauritius has a mass of young people competent for its development. This thanks to the education which is free until Terminale, the improvement of the education system. It is the first country to have established a university responsible for training in Leadership to educate the African intellectual elite of tomorrow.

Great gastronomic assets

Mauritian cuisine is more based on the well-measured use of spices to the point where it is difficult for its inhabitants to suffer from any disease.

In addition to these different reasons, we have:

  • Real property conformability.
  • The powerful modern quality of residences
  • The absence of any change of scenery in Mauritius

How to acquire a secondary residence in Mauritius?

Buying a residence first requires the provision of a considerable amount of investment and trustworthy people. It is important to have access to the real estate programmes set up by the Mauritian State with a view to reducing the burden on foreign investors who choose to invest in Mauritian land. Therefore, it is important to have 500,000$ for the purchase of an ordinary residence. In this case, it is imperative to entrust itself to the real estate agents at the disposal of Mauritius, particularly INVEST, which is part of the teams specialized in purchasing and managing such a residence. What is still good in acquiring a secondary residence in Mauritius is that it is not disturbed by the payment of taxes. Similarly, there is a possibility that residence managers will be able to lease the residences in the event of a lack of stay. All this in a purely simple dynamism that facilitates the transfer of profits to owners no matter where they are.

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