Homes.mu is your one stop shop for all your luxury needs for Real Estate + Tourism + Hospitality investments. We have real estate programs for sale or Homes.mu can be a key partner in creating an offshore investment company for you in Mauritius and secure prime land to develop our own PDS – Property Development Scheme program or SCS – Smart City Scheme.
Not only we will help you with all the above, but our company can also take care of all your travel arrangements from booking your stay in Mauritius 5 star hotels or villas to airport transfer from YuLounge Private Airport Services and Corail Private Helicopters to your hotel and accommodation for your visit in Mauritius.
Our pleasure to share with you these amazing properties available to foreigners which you can invest right away and start getting returns as from the second quarter of 2021/2022.
Projects For Sale Available To Foreigners:
1- West Coast Villas PDS Albion WEST COAST – A Luxury Villas Project in front of Club Med and Direct Access to the Beach.
3-4 Bedrooms 257m2 and 358m2 as from $600,000 to $1,000,000 (only 5 left at this launch price) – click here for more information.
2- Jacaranda RES Balaclava WEST COAST – A Luxury project in the heart of 5 Star Hotels on the Northern Coast
4 Bedrooms Villas as from €900,000 – €1,2M + Agency Fees – click here for more information.
3 – Mirari PDS Grand Baie NORTH COAST – 8 Luxury Residences in the heart of Grand Baie
4 Bedrooms as from €1.9M + Agency Fees – click here for more information
4 – La Reserve SCS Mont Choisy NORTH COAST – Live on a Golf Course in Mauritius and opposite two beach and lagoons.
1,2,3,4 Bedrooms Villas, Apartements & Penthouses in Mont Choisy Park as from Apartments as €447,000 – Penthouse €2.3M + Agency Fees – click here for more information
5. Mareva Villas PDS – Grand Baie NORTH COAST – 10 Villas Luxury & Privacy Defined
4 bedrooms Villas in Grand Baie as from €2,1M + Agency Fee click here for more information.
6. Anahita IRS Beau Champ EAST COAST – Sea Villa Resort – Luxury Golf & Spa
3-5 Bedrooms Villas in a Golf & Spa Resort on East Coast as from €1.9M+ Agency Fees click here for more information
7 Cap Marina PDS NORTH COAST – Live in a Modern Estate in Cap Malheureux
As from $158,000 for a 1 bedroom, €258,000 2 bedroom and €558,000 for a 3 bedrooms apartment/duplexes, €1,200,000 for a 3 bedrooms harmonie villa, €2,000,000 for marina villa with access to the canal and €4,000,000 for a private signature villas, click here for more information.
Why invest in Mauritius?
Mauritius offers many benefits & advantages as indicated below:
- Proven political stability, an impressive track record of recognized economic rankings and indices, and a steady economic growth for several decades.
- A safe business environment for investment, a recognized rule of law.
- The most liberalized country on the African continent and the most business friendly.
- Multicultural as well as multi-ethnic, Mauritius offers a unique and peaceful lifestyle in this mix of cultures.
Whether you’re buying an apartment, villa, commercial space or an office in Mauritius, you’ll be able to enjoy our country’s advantageous fiscal framework:
- Due to the double taxation agreement signed between several countries and Mauritius, you’ll benefit from an exemption for real estate located in Mauritius.
- The rate of income tax is capped at 15 % in Mauritius.
- The rate of land transfer tax is only 5 %.
- No inheritance tax on Mauritian property.
- No capital gains tax.
Full Ownership of Property in Mauritius
A non-citizen is eligible for a residence permit upon the purchase of a villa under the PDS scheme when he has invested more than USD 500,000 or its equivalent in any freely convertible foreign currency.
The PDS is also a demarcation from the IRS – Integrated Resort Scheme and RES – Real Estate Scheme in as much as it does not differentiate between small and big landowners and harmonizes the registration duty to a single rate of 5% instead of USD 70,000 on registration of a deed under IRS and USD 25,000 under RES.
Property Development Scheme (PDS)
A foreign investor is fully able to invest in a villa or an apartment in Mauritius and be the sole owner of his property. In fact, in order to make this possible, the Mauritian government implemented an investment scheme, named PDS (Property Development Scheme). The PDS’ principle is to enable foreigners to buy real estate in the country in full ownership, with a minimum investment of 500 000 USD allows the buyer to apply for permanent residency.
Real estate projects developed under the PDS scheme are subject to strict monitoring in order to ensure the security of the investor. These projects must also be developed by recognised promoters with a good track record and experience in the field. Large financial guarantees and decennial guarantees are mandatory. The environment and surrounding ecosystems are important concerns that are taken in consideration during the development of these residential schemes. Solar panels, green spaces, optimum ventilation and light structures, water collection…these elements are all necessary for the promoter to obtain the required permits and authorisations before building starts.
Smart City Scheme (SCS)
In order to create better working and living conditions, via foreign investment and the economic development of the country, the Mauritian government has specially created the Smart City Scheme (SCS). This programme aims to provide an enabling environment with many tax and non-tax incentives for investors and residents. The development of smart cities across the island is the new real estate scheme that emerged at the same time as the PDS (Property Development Scheme). The smart cities will be both commercial (offices, industrial parks, work centre etc.) and residential (villas, apartments, duplexes, townhouses, shopping malls, numerous educational and health facilities), and will offer a whole range of leisure activities for visitors and residents (leisure centres, hotels and restaurants, tourist attractions, cultural hub). High-tech materials and the environment are priorities for the SCS. Controlling energy consumption, therefore, is a primary concern. Recycling will also be an important component of these new cities. Local and foreign investors who wish to invest in the development of a smart city will be exempted from paying income tax and value-added tax on buildings. More information can be found on the EDB Website.
Look forward to hearing from you soon and assisting you in your next real estate investment.
Founder HOMES.MU & HOSPITALITY.MU
www.SmartMedia.Agency | Branding – Marketing – Digital – VR – 3D – Mob App
Mobile: +230 57 94 64 37 (Whatsapp)
Office: +230 698 0968
www.Homes.mu | Mauritius Real Estate Agency & Magazine