A popular tourist destination, Mauritius offers tropical climate, legendary beaches and lush natural surroundings. This tropical island in the heart of the Indian Ocean offers much more than just a dream holiday. An increasing number of people are choosing to make Mauritius their permanent place of residence, enticed by its many advantages. In fact, a significant number of Europeans have changed direction and chosen to move to Mauritius for its quality of life, which perfectly combines work and relaxation. You too can move from routine to paradise!
Steps to take to live in Mauritius
Obtaining a residence permit
The first essential step to live in Mauritius is to obtain a residence permit. There are different types of permits, such as the investor permit, the retired person's permit, the self-employed person's permit, the dependent permit and the premium visa, among others. Each permit has its own criteria and requirements, so it is important to determine which one best suits your situation.
To guide you through the process, it is important to turn to specialists such as PLEION Real Estate, who have the skills and experience to help you prepare the documents you need to submit to the relevant authorities. Once your application has been approved, you can start planning your move to Mauritius.
Finding your new home
Mauritius presents an extensive range of real estate options, ranging from contemporary apartments to luxurious villas. However, before making a decision, it is advisable to seek guidance from professionals like PLEION Real Estate, who possess in-depth knowledge of the market. They can assist you in finding the perfect property that aligns with your preferences, including location, size, budget, and desired amenities.
Mauritius provides several schemes that allow foreign investors to acquire a Mauritian resident permit and reside in the country. These include the Property Development Scheme (PDS) and Smart City Scheme. Through these schemes, individuals who purchase a property valued at more than $375,000 are eligible to receive a permanent residence permit for themselves and their dependents, including their spouse, children, and retired parents. The permit is issued by the authorities and offers a pathway to long-term residency in Mauritius.
These programmes offer greater mobility and security for investors, who can establish their tax residence and live in Mauritius, rent out their property to generate rental income, or generate capital gains through resale opportunities on the international market.
Organising the financial and administrative aspects
Prior to moving to Mauritius, it is crucial to address all financial and administrative matters. This includes tasks such as opening a bank account, transferring funds, and managing residence and occupation permits. To ensure a smooth transition and peace of mind, it is highly recommended to seek the expertise of professionals who can provide personalized advice and administrative assistance services based on your specific requirements. By relying on their guidance and support, you can navigate the necessary procedures efficiently and effectively, allowing you to focus on settling into your new life in Mauritius.
Why relocate and live in Mauritius?
A pleasant living environment
Mauritius embodies a harmonious fusion of cultures and traditions. With English as the official language, spoken by the majority of Mauritians, it presents a significant advantage for English speakers.
In contrast to bustling urban centres, in Mauritius, you will find ample opportunities to rejuvenate amidst nature or marvel at breath-taking sunsets on the beach, even if your daily life is filled with busy schedules. The island offers a diverse range of activities to suit every interest and preference. Whether you enjoy hiking, golfing, horseback riding, deep-sea fishing, water sports, parachuting, scuba diving in the lagoon, kitesurfing, or countless other exhilarating pursuits, you will find well-equipped sports centres catering to your needs.
When it comes to dining out, Mauritius boasts a vibrant culinary scene with a plethora of fine food shops, restaurants, and bakeries that showcase high-quality gourmet products. From delectable local delicacies to international cuisine, there is an abundance of options to satisfy every palate. Additionally, supermarkets and shopping centres provide a wide selection of international brands and products, ensuring that you have access to all your favourite items from around the world.
Cost of living and favourable climate
Living in Mauritius is typically more affordable compared to many Western countries, although costs may vary based on the chosen location and desired lifestyle.
The island boasts a delightful tropical climate, with an average temperature of 27°C. During the winter season, spanning from May to October, temperatures typically range between 20 and 26°C (although they may dip further in central regions). Conversely, summer, which spans from November to April, sees temperatures soaring up to 32°C.
Healthcare services in Mauritius
In Mauritius, you will find many private clinics and specialist centres offering fee-based services. It is essential for expatriates to have adequate private insurance (medical insurance) before moving to Mauritius.
The private education system, modelled on European models
Before deciding to live in Mauritius, or indeed anywhere else, it is important to find out about the education system for your children. Mauritius offers a wide choice of French and English-speaking public schools, from primary to tertiary level. In private secondary schools, students go on to study for the International Baccalaureate and the French Baccalaureate.
Stable economic and political environment
Mauritius enjoys a remarkable level of economic and political stability, which serves as a significant draw for both investors and expatriates seeking to establish themselves on the island. The country is widely recognised for its favourable business environment, highly skilled workforce, and robust legal system.
Mauritius has successfully established a strong and trustworthy institutional framework that prioritises good governance and adherence to the rule of law. The nation's unwavering commitment to economic development has fostered an environment conducive to thriving business activities.
With a solid foundation and a proactive approach towards creating opportunities, Mauritius continues to attract individuals and businesses looking for stability, growth, and success in their ventures.
A simple and attractive tax system
One of the primary advantages of choosing Mauritius is its straightforward and favorable tax regime, applicable to both residents and non-residents. The flat tax rate of 15% applies to business income as well as income generated from property rentals.
Notably, Mauritius does not impose capital gains tax, even in the case of property resale. Additionally, there are no inheritance taxes or property taxes in the Mauritian tax system.
Another benefit is the well-established network of tax treaties that Mauritius has. This favorable tax arrangement has prompted many expatriates to choose Mauritius as their expatriation destination.
Living in Mauritius promises an extraordinary experience! Whether it is to enjoy your retirement or for your professional endeavours, transition from your routine to paradise. Take the leap and immerse yourself in an exotic adventure that could transform your life.
To move to Mauritius, PLEION Real Estate accompanies you to facilitate the relocation process. We offer the services, advice, and personalised support you need to help you settle in, integrate, and live in Mauritius.
Combining over 40 years of experience, our team possesses the expertise to assist you in your relocation and real estate investment projects. We also provide property management and private concierge services. As a member of Probus Pleion, a Swiss multidisciplinary group established in the 1980s, we bring a comprehensive approach to your relocation journey.
Charles Devieilhe, Director of PLEION Real Estate
Native of France, Charles brings over 15 years of expertise in international real estate and relocation.
He has successfully completed over a hundred real estate transactions throughout his career, including several relocations to Mauritius. Benefit from his extensive experience to streamline your transition into your new life.
Contact us today to get started!
cdv@pleionrealestate.com / +230 5254 37 33
