Mauritius Property Investment 2025: Residency by Investment & Foreign Ownership Guide

main blog Mauritius Real Estate 2025: Foreign Investment, Buying Laws & Residency Through Property

Mauritius Real Estate 2025: Foreign Investment, Buying Laws & Residency Through Property

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7/8/2025

Mauritius Real Estate 2025: Foreign Investment, Buying Laws & Residency Through Property

✅ Can Foreigners Buy Property in Mauritius?

Yes — foreigners can legally buy property in Mauritius through government-approved schemes. Most of these projects offer freehold ownership and are linked to residency options.

🏝️ Mauritius is one of the few island nations offering both property ownership and residency to foreign buyers.

⚖️ Foreign Ownership Laws in Mauritius (2025)

Foreign nationals can buy real estate in designated investment schemes:

🔹 1. IRS (Integrated Resort Scheme)

Luxury villas in coastal resort developments
Minimum investment: USD 375,000
Includes permanent residency for the buyer and family

🔹 2. RES (Real Estate Scheme)

Mid-range developments in urban or coastal areas
Same USD 375,000 threshold for residency eligibility

🔹 3. PDS (Property Development Scheme)

Replaced IRS/RES for mixed-use developments
Offers ownership + residency for investments above USD 375,000

🔹 4. Smart City Scheme

Urban, tech-focused zones with residential and commercial options
Ideal for digital nomads, entrepreneurs, and foreign businesses

🔹 5. G+2 Apartments

Foreigners can also buy apartments in buildings with at least 2 floors
No residency attached unless investment is above USD 375,000
Price must exceed MUR 6 million (~USD 130,000)

🏙️ Top Areas to Invest in Mauritius

🔹 1. Grand Baie (North)

Tourist hotspot with high rental returns
Gated villa communities, beach resorts, and marinas

🔹 2. Tamarin & Black River (West)

Popular with expats and families
PDS villas, schools, healthcare, and sea views

🔹 3. Moka Smart City (Central)

Business-friendly zone with residential and commercial hubs
Great for entrepreneurs and long-term residents

🔹 4. Flic-en-Flac

High tourism rental demand
Affordable luxury and oceanfront options

🔹 5. Port Louis

The capital; commercial property and long-term rentals dominate

💰 Property Prices in 2025

Area	Avg. Price (USD/sqm)	Remarks
Grand Baie	$2,500–$4,000	High-end villas, beach access
Tamarin/Black River	$2,200–$3,500	PDS projects, great expat zone
Flic-en-Flac	$1,800–$2,800	Popular tourist rentals
Moka Smart City	$2,000–$3,000	Mixed-use, urban convenience
G+2 Apartments	$1,500–$2,200	Entry-level for foreign buyers

📈 Rental Yields & ROI

Location	Long-Term Yield	Short-Term Rental ROI
Grand Baie	5.5–7%	8–10%
Tamarin	6–7.5%	8–11%
Flic-en-Flac	5–6.5%	7–9%
Moka	5–6%	6.5–8%

Short-term rentals are allowed, and the market is supported by high tourist inflows and a growing expat base.

🛂 Residency Through Real Estate Investment

Foreigners investing USD 375,000 or more in IRS, RES, PDS, or Smart City properties are eligible for a Permanent Residence Permit:

Valid for 20 years
Covers spouse and dependent children
Allows work, study, and business in Mauritius
Renewable and convertible into citizenship in some cases (after 10+ years of residence)

📌 Property owners can also apply for a residence permit without the need for physical presence, ideal for remote investors.

🛠️ Buying Process in Mauritius

Reserve a unit in a government-approved development
Sign a preliminary agreement and pay deposit
Apply for Board of Investment (BOI) approval
Conduct due diligence and fund source verification
Sign deed of sale and register with Registrar of Lands
Receive Title Deed + Residence Permit (if applicable)

Timeline: 6–12 weeks, depending on documentation and nationality

🧾 Taxes & Fees

Type	Rate/Cost
Registration Duty	5% of property price
Notary Fees	~1–2%
No Capital Gains Tax	✅
Annual Property Tax	None on residential property
Rental Income Tax	15% (flat rate, corporate options available)

Mauritius has a flat tax regime — no inheritance, wealth, or capital gains tax.

🏘️ Who Should Buy in Mauritius?

✅ Ideal for:

Buyers seeking residency and lifestyle investment
High-net-worth individuals looking for tax efficiency
Entrepreneurs and retirees relocating to a safe, stable island
Investors seeking strong rental income in a tourism market

❌ Not ideal for:

Buyers seeking ultra-low-cost property
Investors who want high-volume resale in a short time (liquidity is slower)

🔮 2025 Market Trends in Mauritius

More Smart City projects expanding across the island
Government expected to reduce bureaucracy for foreign buyers
Tech and medical tourism fueling urban real estate
Middle East and EU demand rising post-COVID and post-Brexit
Digital Nomad and Premium Visa programs supporting property demand

🧭 Final Thoughts

Mauritius offers one of the most attractive real estate ecosystems for foreigners: full freehold ownership, legal clarity, visa-free property-linked residency, and a favorable tax system. Whether you're looking for investment returns, a second home, or a residency base in Africa, Mauritius is a rare gem that balances tropical lifestyle and business freedom.