LLH YOUR PARTNER FOR A PARFAIT ON MAURICE ISLAND
Leading Luxury Home is a real estate agency specializing in luxury properties in Mauritius.
Our team and experts are at your disposal to develop your real estate investment project. Leading Luxury Home is much more than a real estate transaction agency, it's also advice in wealth management and investment, real estate promotion and property asset management.
Our agency makes every effort to ensure personalized and listening support throughout your acquisition and installation to support you in your efforts.
Retreat in Mauritius, Leading Luxury Home accompanies you
With a presence in Mauritius for more than ten years, Leading Luxury Home is your preferred partner to help you build your real estate project and invest in Mauritius.
Our sales team is at your disposal to respond to your requests and guide you at every stage of your realization: to find the good you need, to manage your assets, to invest in real estate, to undertake administrative steps and to benefit from personalized and complete support.
Whatever your project, Leading Luxury Home is here to make your new Mauritian life a reality that looks like you.
Good reasons to choose Mauritius to retire
Much appreciated for its climate and its softness of life, Mauritius becomes the preferred destination for new French pensioners, especially thanks to its very advantageous taxation.
Located just two hours away from France, Mauritian life is essentially French. Mauritius is very touristic and attracts many Europeans every year, including British and Swiss.
The tropical climate and the white sandy beaches are all good reasons to choose this destination for its retirement. The Mauritian territory offers many activities and leisure, and incredible natural sites.
The Mauritian population is very warm and willing to share its culture and traditions.
The island also benefits from many modern infrastructures: airport, schools, hospitals, road network...
The cost of living is also an interesting element, which is about 15% cheaper than in France.
Do you have any questions?
Investing in real estate for retirement in Mauritius
An idyllic place and attractive tax conditions, Mauritius is becoming one of the most sought after territories by investors, individuals or businesses, to generate and invest their assets in real estate.
Over the past 15 years, France and Mauritius have concluded agreements allowing French pensioners to invest and benefit from exceptional conditions to encourage investment on the island.
Investing in real estate in Mauritius means being able to enjoy many tax advantages in a stable economic and political territory, a prosperous economy, the absence of trade controls and a genuine willingness to open up to the world.
The choice of an investment for his retirement in Mauritius is above all, protecting his wealth, making him live and guaranteeing this investment in the future, all in an exceptional setting of life.
LEADING LUXURY HOME ACCOMPANY YOU IN YOUR IMMOBILITY IN MAURICE ISLAND
An extended network of partners for a personalized project from A to Z
Leading Luxury Home experts are at your disposal to build your project to suit your goals, your family and financial situation and your desires. We can guide you throughout the realization and through all stages of your investment through a network of experienced and specialized collaborators.
Specific services to track your project at each stage
Leading Luxury Home guarantees you a complete and personalized accompaniment first of all in the choice of property: villa feet in the water, apartment, residence... Our employees will then accompany you in the realization of the project in financial, legal and in the realization of all the necessary administrative and tax procedures: financial and legal advice, obtaining the visa, administrative procedures, signature at the notary...
Different acquisition opportunities to meet your expectations
Mauritius now benefits from several types of assets corresponding to various investor profiles. The Leading Luxury Home team's mission is to find the right property and type of real estate investment that fits perfectly with your expectations: PDS, IRS, RES, investment for rental management... whatever your profile, our experts are at your disposal to find the good you dream of.
WHAT TYPE OF IMMOBILITY TO CHOOSE FOR HIS RETURN TO MAURICE ISLAND
YOU WANT TO INVEST FOR YOUR BUDGET
Mauritius has been able to invest easily in real estate on the island for a number of years by respecting certain rules depending on the budget you want to allocate to your project.
– Purchase of a PDS property (combining IRS and RES purchases): this is a planned programme for a minimum investment of 147 000€. Over 500,000$the owner of the property is eligible for the permanent resident permit. PDS real estate projects must meet ecological standards defined in a specific specification.
– Purchase of IRS property: the value of the property must be greater than 500,000$ and over 10 hectares. This investment is subject to a tax of 5% of the value of the property. The owner of the property and his family are eligible for a permanent or renewable annual resident permit and may apply to establish his or her tax residence there provided that he or she lives on the island plus 183 days a year or 270 days over two years.
– Purchase of a RES property: no minimum investment, the area must be defined between 4000m2 and 10 hectares maximum, obligation to comply with the specifications for residence permits. Property in RES is subject to the same taxes as IRS property.
– Buying in R+2: it is about investing in the acquisition of apartment condominiums.
YOU WANT TO DO A LOCATIVE INVESTMENT
As part of a rental investment, Mauritius benefits from specific investment projects, the so-called IHS assets. These are goods offering all the hotel comfort, furnished, with all the services of a hotel made available.
For a room, suite or apartment there is no minimum investment. On the other hand, for a villa, the investment will have to be 500 000$ minimum.
This type of project is perfectly suited for rental properties. Indeed, you cannot claim to occupy the property permanently as a principal residence.
YOU WANT TO TAKE YOUR RETURN IN AN IDYLLIC AND ADAPTED FRAMEWORK
You want to acquire a good while being certain of having all the services necessary to live your retirement independently and safely... Luxury and ecological villas, combining modernity and comfort, in a complex with shops, infrastructures and offices nearby: this is the concept of senior residences in the heart of Smart Cities complexes.
These goods are accessible with a minimum investment of 147 000€. From 500 000$, the owner can claim the permanent resident permit and apply for tax residence.
Conditions for obtaining a residence visa in Mauritius
Over the past 15 years, France and Mauritius have adopted new agreements to encourage trade between the two countries. Conditions are all the more relaxed for pensioners.
You must first be 50 years old. You must then hold a bank account in Mauritius with at least 34,000€ per year outside the island.
You can claim a permanent resident permit if you are additionally accessing the property as part of a PDS, IRS or RES acquisition. Your principal residence is then declared in Mauritius and you must stay at least 183 days a year on the island or 270 over 2 years.
The administrative steps to live well his retirement in Mauritius
The documents to be supplied to the Mauritian administration
In order to establish your application for a permanent resident, you must send certain documents to the Mauritian administration.
– Copy of passport
– 4 identity photos
– An extract from the criminal record
– A certificate of income earned in Mauritius in the previous three years (for an individual)
– A transfer certificate worth 34,000€ to a Mauritian bank (for a pensioner)
– A medical certificate from a Mauritian doctor
The steps you need to take with the administrative services in France
You must also take steps in your country of origin, France:
– 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 each year from the tax centre for French non-residents
Leading Luxury Home employees will be able to assist you in all these steps and will be able to advise you on the whole follow-up of your case.
Taxation of retirement in Mauritius
As a permanent resident on Mauritius, you can benefit from the same taxation as Mauritians.
Your income will be taxed at 15%. You will also benefit from the non-cumulative tax between France and Mauritius. Just like Mauritians you will not be subject to any local tax: no property tax or housing tax. In Mauritius, taxes on capital gains, inheritance taxes and ISF do not exist. Similarly for rental income that is not taxed either.
Is it possible to live in a nursing home in Mauritius?
Mauritius, which has been booming economically in recent years, is at the heart of many real estate projects that allow pensioners to invest and live in an adapted residence while maintaining its independence.
These investments are linked to Smart Cities projects that develop living spaces for seniors who wish to have at their disposal all the services necessary for their daily lives while being free and independent.
Leading Luxury Home supports you in the creation of your senior home acquisition project and allows you to access a perfectly personalized investment, in accordance with your expectations and needs.
The cost of living on Mauritius
The cost of living in Mauritius is much lower than in France or even Europe. It is estimated to be 15% lower than in France.
Infrastructure such as public transport or taxi services are more affordable than in large French cities.
Buying local products, especially fruit and vegetables, is also much cheaper. However, if you want to consume foreign and French products such as wine or meat that are not produced on the island, you will have to pay a little more for these imported products.
Does it take more than six months in Mauritius to be a resident?
To become a permanent resident in Mauritius, it is necessary in some cases to spend part of the year on the island to certify its principal residence.
Thus, if you opt for an IRS or RES investment and want your Mauritian residence to become your principal and tax residence, in this case you must live in Mauritius at least 183 days a year or 270 days a year. You will then be granted a permanent resident permit for yourself, your spouse and your children.
Depending on your real estate project, you can also benefit from a residence permit for six months, renewable each year for your entire family.
Living his daily retirement in Mauritius
Weather and climate
Mauritius certainly benefits from all the advantages of a true paradise. Dream landscapes, sandy beaches, lush nature. Everything is gathered to make Mauritius the perfect destination for a beautiful retreat in calm and sun.
Its warm tropical climate remains pleasant all year round with an average temperature of 26 degrees and offers a sunshine close to 100%!
Activities, leisure and culture
Mauritius is a perfect mix of several populations of different faiths and origins. Mauritian life cannot fail these assets which make all the singularity of Mauritians and the warm welcome which they reserve to newcomers. Local cuisine and specialties are the pride of locals. Tasting freshly caught fish caught spices and condiments are the basis and emblem of Mauritian cuisine and culture.
Colours, landscapes, scents and nature are the fundamental elements of Mauritius' culture and make its inhabitants proud. Sports pensioners who wish to do so have access to many water sports such as water skiing, sailing, scuba diving... For those who prefer land, the island can boast of having one of the most beautiful golf courses in the world. Similarly for horse riding which is one of the favorite activities of Mauritians.
The island's cultural and colonial past is also very present; Thus many villas, rumeries, gardens can be visited.
Medical services, access to health care and health insurance
Mauritius benefits from a health system that is not enviable to France. Most doctors practising on the island have been educated at major universities or are themselves expat French.
Hospital services are also up to date. There are many public hospitals on the island, as well as private clinics, dental centres and specialized care centres, some of which are contracted with the Caisse des Français à l'Etranger (CFE), allowing for care and one third paying.
A real jewel at the gates of Africa, Mauritius is undoubtedly one of the most attractive territories for a sun retreat, safely and offering really interesting tax conditions.
Ideally located with only two hours of time difference with France, Mauritius is rich both in its culture and its landscapes, in the warmth of its inhabitants but also in its prosperity, its growth and its desire to open up to the world.
Investing for his retirement with the advice and accompaniment of the agency Leading Luxury Home is the guarantee of a gentle and peaceful life, a perfect and predictable retirement.
