Introduction: Mauritius is implementing significant changes to its real estate acquisition rules for non-citizens. A new legislation, named the NCPR Act, redefines the opportunities and restrictions for property purchases by non-citizens in the country. Summary of the NCPR Act: The NCPR Act strictly governs the conditions under which non-citizens can purchase real estate in Mauritius. The key points...
Overview of the Mauritian Immigration and Employment System The Mauritian Immigration and Employment system is a set of policies and regulations governing the entry and employment of foreign nationals in the Republic of Mauritius. The system is administered by the Mauritius Immigration and Emigration Department (MIED). It is designed to ensure that all foreign nationals who seek to enter and work in...
Nowadays, the age of 60 is no more considered as the age of retirement only, with people continuing to work until they are 70. It is no longer impossible to get a mortgage at the age of 60, provided you meet the financial requirements. It is illegal for a mortgage lender to reject your application because of your age. If you are retired or approaching retirement, you will need to provide evidence of a...
Benefits of Working with a Real Estate Agency in Mauritius The benefits of working with a real estate agency in Mauritius are plentiful. From helping you find the perfect property for your needs to providing valuable advice and guidance throughout the entire process, a real estate agency can be an invaluable asset. Here are just a few of the advantages of working with a real estate agency in...
The Tax Benefits of Expatriating to Mauritius Island Mauritius is an attractive destination for those looking to expatriate, due to the low tax rates and simple tax system. Expatriates may benefit from the attractive tax benefits offered by the Mauritian government. The Mauritian government has established a flat tax rate of 15 percent for Mauritian citizens and non-residents. This flat tax rate...
Exploring the Benefits of Investing in JLSK Group Ltd International Real Estate Mauritius is known for its stunning beaches and luxurious resorts, making it an ideal destination for real estate investors. With an abundance of land and a strong economy, the country offers a great opportunity to invest in the JLSK Group Ltd International Real Estate. The JLSK Group Ltd is a International real estate...
What Are the Most Popular Valuation Methods Used in Mauritius? In Mauritius, five of the most popular valuation methods used are the Comparable Sales Approach, Cost Approach, Income Approach, Market Value Approach, and Discounted Cash Flow Analysis. The Comparable Sales Approach is a popular method used for valuing immovable property, such as land and buildings. It is based on the principle of...
Welcome to the beautiful island of Mauritius, a paradise of crystal clear waters and white-sand beaches. But what many people don't know is that Mauritius is also a prime hotspot for real estate. With its burgeoning tourism industry and its attractive tax incentives, the island is a ripe market for potential buyers and investors. If you're interested in investing in real estate on Mauritius, it's...
Where are located the Best Real Estate Development for Foreigners in Mauritius Under the RES Mauritius is an island paradise filled with stunning beaches, lush rainforests, and crystal clear waters. It's no wonder that it's become a popular destination for foreign property investors. With the introduction of the Real Estate Scheme (RES) in 2018, it has become even easier for foreigners to invest in the...
Overview of the Smart City Scheme (SCS) and Its Application to Real Estate Development in Mauritius The Smart City Scheme (SCS) is an innovative initiative that aims to transform Mauritius into a smarter and more connected nation. It was launched in 2018 with the intention of creating a more efficient, sustainable and attractive environment for businesses and citizens alike. The SCS focuses on three...
