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FAQ
Frequently Asked Questions
How does the residence permit through property work?+
Any property purchase of at least USD 375,000 (or EUR 375,000) in an IRS, RES or PDS development entitles the buyer and their immediate family to a permanent residence permit.
What are the acquisition costs in Mauritius?+
Since 1 July 2026, registration duty for non-citizens is 10% of the price. Add notary fees (around 1%) and, for resale purchases, agency fees of 2.3% VAT included (waived on off-plan purchases, paid by the developer). The total generally represents 12 to 15% of the purchase price.
How long does a property transaction take in Mauritius?+
On average, between 3 and 6 months. IRS/PDS transactions can take slightly longer because of the required government approvals.
Can a property purchase in Mauritius be financed?+
Yes, several Mauritian banks offer financing to non-residents, generally up to 70% of the purchase price, subject to income conditions.
How is rental income taxed in Mauritius?+
Personal income, including rent, follows a progressive scale: 0% up to Rs 500,000 of annual taxable income, 10% from Rs 500,001 to Rs 1,000,000, then 20% above. There is no capital gains tax on property for individuals. The France-Mauritius tax treaty prevents double taxation.