Buy House In Mauritius Review
Replaced older high-end schemes (IRS/RES). It allows for the purchase of luxury villas and apartments in integrated communities.
If you invest a minimum of USD 375,000 in a qualifying scheme (PDS, IRS, RES, or Smart City), you and your immediate family are eligible for a Permanent Residence Permit.
Budget for approximately of the purchase price for additional fees: Registration Duty: 5% of the property value. Notary Fees: Approximately 1% to 2% (plus VAT). Agency Commission: Typically 2% (plus VAT). EDB Application Fee: Roughly MUR 25,000. 5. Top Locations for Investment Buying Property in Mauritius: Your Luxury Living Guide buy house in mauritius
Sign a Contrat de Réservation Préliminaire . You must pay a deposit (usually 10%) into an escrow account held by a notary.
Allows foreigners to buy apartments in buildings that are at least two floors high (excluding the ground floor), typically starting at around MUR 6 million (~$130,000) . Replaced older high-end schemes (IRS/RES)
Older schemes for luxury residences that still exist for resale properties. 2. Residency and Investment Thresholds Buying property in Mauritius can be a gateway to residency.
Focuses on mixed-use developments (residential, commercial, and leisure) with sustainable infrastructure. Budget for approximately of the purchase price for
Once approved, the Deed of Sale is signed before a notary, and the balance of the purchase price is paid. 4. Estimated Costs & Taxes