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Mauritius has emerged as one of the most attractive property investment destinations for international buyers. With a stable economy, favourable tax regime, natural beauty and well-structured property schemes for foreigners, it offers a compelling blend of lifestyle and investment potential.
Why Mauritius Attracts Foreign Property Buyers
1) Political & Economic Stability
Mauritius ranks among Africa’s most stable and pro-business nations. Its hybrid legal system (French civil + British common law) and low corruption support investor confidence.
2) Favourable Tax Regime
- No capital gains tax
- No inheritance tax
- Flat 15% income tax
- Double Taxation Treaties with 40+ countries
3) Strong Rental Market
Year-round tourism and a growing expat base support attractive short- and long-term rental yields, especially in Grand Baie, Tamarin and Black River.
4) Residency Incentives
Investments of USD 375,000+ in approved developments can grant permanent residency to the buyer and dependants.
🏡 Mauritius Property Market 2025 Overview
The market has shown steady growth and resilience. While luxury beachfront villas are in demand, smart city and resort communities are widening the choice set for buyers.
| Segment | Typical Price (USD) | Trend |
|---|---|---|
| Luxury villas | 700,000 – 2,000,000 | High demand, limited supply |
| Apartments | 250,000 – 500,000 | Popular with expats & investors |
| Smart cities | 300,000+ | Growing, long-term upside |
Eligibility: Who Can Buy Property in Mauritius?
Foreigners can purchase freehold property under government-approved schemes regulated by the Economic Development Board (EDB):
Property Development Scheme (PDS)
- Open to all nationalities
- Minimum investment: USD 375,000
- Qualifies for residency
Real Estate Scheme (RES)
- Smaller projects (< 10 ha)
- Residency if threshold met
Integrated Resort Scheme (IRS)
- Large-scale luxury communities
- Freehold property + potential residency
Smart City Scheme
- Mixed-use urban hubs
- Residential + commercial options
Note: Foreigners cannot buy land outside these approved schemes.
Buying Process: 5-Step Roadmap for International Buyers
1 · Choose Approved Property
Select development
Work with licensed agents and
EDB-approved projects.
2 · Reservation & Deposit
5–10% to reserve
Secure unit while legal checks
are completed.
3 · Due Diligence & EDB
Notary submission
KYC, proof of funds,
EDB approval.
4 · Deed of Sale
Sign with notary
Pay balance and
complete transfer.
5 · Residency Application (if applicable)
Invest ≥ USD 375,000
Apply for permanent residence for you and your dependants.
Step-by-step summary
- Choose an EDB-approved property with a licensed agent/developer.
- Sign a reservation agreement and pay a 5–10% deposit.
- Notary conducts due diligence and submits EDB application.
- Sign the deed of sale; transfer funds; title is registered.
- Apply for residency if your investment is ≥ USD 375,000.
Timeline & Tips
- Typical timeline: 3–6 months.
- Keep documents ready: passport, proof of funds, KYC.
- Use independent legal counsel; confirm project approvals in writing.
- Plan currency transfers early to lock favourable FX rates.
⚖️ Legal & Tax Considerations
- Ownership: Freehold ownership within approved schemes.
- Taxes: One-time 5% registration duty on purchase; no annual property tax.
- Rental Income: Taxed at 15% (treaty relief may apply).
- Financing: Local mortgages available to foreigners; many buyers purchase in cash.
📌 Popular Areas for Foreign Buyers
| Area | Key Features | Typical Property |
|---|---|---|
| Grand Baie | Beaches, nightlife, strong rentals | Villas, apartments |
| Tamarin / Black River | West coast lifestyle, surf, eco-luxury | Villas, townhouses |
| Flic en Flac | Long beachfront, growing expat community | Apartments |
| Belle Mare / East Coast | Exclusive & tranquil, golf resorts | High-end villas |
Useful Links for Buying Property in Mauritius
- 🏛️ Economic Development Board (EDB) Mauritius — edbmauritius.org
- 📜 Property Development Scheme (PDS) — EDB PDS Scheme
- 🧾 Mauritius Revenue Authority — mra.mu
- 📝 Investor & Residency Rules — EDB Work & Live: Investor
- 🏡 HomesGoFast Mauritius Listings — View Properties »
FAQs: Buying Property in Mauritius
Can foreigners buy freehold property in Mauritius?
Yes — under PDS, IRS, RES, or Smart City schemes approved by the EDB.
Do I need residency to buy?
No. However, investing USD 375,000+ in an approved development lets you apply for permanent residency.
Can I rent out my property?
Yes. Many owners achieve attractive yields from tourist and expat rentals.
Are there property taxes?
No annual property tax; a one-time 5% registration duty applies on purchase.
Can I get a mortgage locally as a foreigner?
Yes, several banks lend to foreign buyers, subject to standard credit checks and LTV limits.
How long does the buying process take?
Typically 3–6 months, depending on due diligence, EDB approval and fund transfers.
✈️ Start Your Property Search in Mauritius
Whether you want a beachfront villa, a smart city apartment, or a rental-friendly investment, Mauritius offers exceptional opportunities for overseas buyers.
Disclaimer: This guide is informational and not legal advice. Always consult a qualified Mauritian notary and financial adviser.
