Retiring in Mauritius

Mauritius offers an exceptionally safe, hospitable and pleasant environment for people from over the world to come and retire on the island.  There are ample accommodation facilities, from fully-serviced apartments to luxurious villas and beach-front residences.   While the cost of living is affordable, medical and health services are of a world-class standard.

Foreigners are also allowed to acquire residential property under special Residential schemes with a minimum purchase price of USD375,000 or its equivalent in any other freely convertible foreign or Mauritian currencies.  The buyer and his dependents are eligible for permanent residence as long as the non-citizen remains the owner of the residential property.

Non-nationals are also allowed to purchase apartments in developments outside of the approved residential schemes. The apartments should be located in condominium developments of at least two levels above ground (G+2) and the purchase price of an apartment should not be less than MUR 6 million or its equivalent in any other hard convertible foreign currency. However, the buyer is not eligible for permanent residency.  

Following recent changes in the laws, holders of residence permits are eligible to acquire a residential property for a minimum of USD375,000 outside the existing schemes (PDS/Smart City/IRS), subject to a 10 percent contribution made to the Solidarity Fund in addition to existing registration duty and land transfer tax.