Why buy in Mauritius?
- Limited offering of residential properties available to overseas purchasers under new IRS scheme, with Mauritian residency rights. See note below
- Favourable tax regime
- Voted in the top 3 island resort destinations in the world by Condé Nast Traveller
- Ideal year-round climate
- Championship level golf courses
- World class windsurfing, kite surfing, destination diving and water-skiing
- Mountain biking, hiking, riding and nature excursions
- Horse racing, deep sea fishing, sailing and tennis
The Integrated Resort Scheme (IRS) has been introduced to attract inward investment into Mauritius. IRS offers non-Mauritian citizens the opportunity to acquire freehold residential property in specific resorts approved by the Board of Investment (BOI). This is a limited offering, as government policy gives provision for around 3,000 properties over the next 10 years. IRS provides for the development of luxury residential schemes of international standing as well as extensive and high class leisure and recreational facilities.
Mauritius has a stable political, legal and economic environment with very low crime rates. A non-citizen, approved by the BOI, may obtain a residence permit (including spouse and dependants), upon investing a minimum of $500,000 US in the acquisition of a villa. A buyer will pay no capital gains or inheritance tax in Mauritius. The country benefits from double taxation avoidance treaties with 32 countries.
