Residency By Property Acquisition In Mauritius, Ground+2 Apartment

Ground+2 Apartment

EDB – Info – Non-citizens are allowed to purchase flats in condominiums of at least two floors above ground (G+2) with the prior approval of the Economic Development Board (EDB), provided that the purchase price of a flat is not less than MUR 6 million or its equivalent in any other convertible foreign currency.

The tax advantages will allow you to invest in the best conditions:

  • No property tax
  • No land tax
  • No capital gains tax in the event of resale.
  • No inheritance tax
  • No wealth tax
  • Double taxation treaties with many countries.

You will find properties such as:

  • Common swimming pool
  • Fitness
  • Rental Management
  • Concierge services

When acquiring a residential property for a price of more than US$375,000, a non-citizen is granted a residence permit as long as he/she holds the residential property.

The spouse and children under the age of 24 are also granted a residence permit.

Are you looking for a Villa or an Apartment to buy in one of these prestigious developments? Contact us

UID Form

Download

Contact Our Expert

To Get An Overview & Become Competent In The luxury Real Estate Market In Mauritius.

Join The Discussion

Compare listings

Compare
Particular Case
The Regulatory Sandbox License (RSL) allows an investor to undertake a commercial activity for which there is no legal structure or suitable regulations under Mauritius' existing legislation. The RSL will be provided by the Economic Development Board to qualifying firms that want to invest in innovative projects for a fixed amount of time under a set of agreed upon terms and conditions.

Eligibility
Any investor with an innovative concept for which there is no legal framework or sufficient measures to cover its materialization can submit a full application for the issuance of an RSL. The applicant must be able to demonstrate the creative character of the project on a local, regional or global scale.