Mauritius, a gem in the Indian Ocean, offers unparalleled opportunities for business investors who wish to come invest in real estate. With a thriving economy, Mauritius has a strategic location, connecting Africa, Asia, and Oceania. The country’s focus on improving education and infrastructure, along with welcoming foreign investment, has led to the growth in many areas. As a result, the island is considered to be a suitable real estate investment hub for international business investors.
According to the World Bank, Mauritius has grown significantly since its independence in 1968 and even briefly became a high-income country in 2020. The country’s stable economy which is characterised by steady growth and a supportive business environment, further enhances its appeal for investors. The government of Mauritius has implemented various policies to allow foreigners to invest in Mauritius, including favourable tax regimes and streamlined business procedures. Invest in Mauritius with Bijou Résidence and discover the multitude of opportunities and benefits for business investors.
Mauritius as a Real Estate Haven
Why invest in Mauritius? Mauritius boasts a strong real estate market, with high demand for luxury properties. The island’s property market is supported by various government schemes to attract foreigners investing in Mauritius. Bijou Résidence properties on the West Coast of Mauritius offer significant returns on investment and long-term value, making them the best investment in the country. According to Statista, the residential real estate market in Mauritius is expected to be worth $14.39 billion in 2024. It is projected to grow at an annual rate of 2.81% from 2024 to 2028, reaching $16.08 billion by 2028.
The island is a renowned tourist destination, attracting millions of visitors annually with its beautiful beaches and tropical climate. According to Statistics Mauritius, In 2023, the island welcomed over 1.2 million tourists, each captivated by the island’s enchanting allure and vibrant charm. This booming tourism sector (no of arrivals yearly?) provides a robust market for real estate investments at a starting investment price of USD 375,000 with key benefits such as the right to live and retire in Mauritius.
As investors, you can take advantage of the growing demand for our luxury properties like Apartments, Villas, and Penthouses while ensuring an attractive return on investment. Along with selling luxury properties, Bijou Résidence also engages in luxury property management in the west of Mauritius.
Foreigners investing in Mauritius
The Mauritian government promotes foreign investment through real estate schemes like the Mauritius Smart City Scheme. This program lets foreigners buy luxury villas with full ownership rights, offering a secure and attractive investment. With these properties, you can live in Mauritius, benefit from significant tax benefits, including no capital gains tax and low property taxes. Properties in Mauritius appreciate on average by 4% to 6% every year with a steady market stability.
It not only facilitates property acquisition, but also often comes with additional benefits, such as becoming eligible for permanent residence permits. Investing in this scheme can lead to acquiring a luxurious property while gaining the right to live and invest in Mauritius, thus combining lifestyle and investment benefits. These benefits make Mauritius an appealing choice for foreign investors seeking a stable and profitable investment and becoming property owner.
Benefits of Investing in Real Estate in Mauritius
Investing in Mauritius real estate offers numerous benefits, such as favourable tax incentives. The country does not impose capital gains tax, inheritance tax, or estate duty, making it a tax-efficient choice for investors. As an investor, you have high returns on investment. The real estate market is booming, providing substantial rental income and property appreciation.
Additionally, Mauritius provides a high quality of life where investors can enjoy a high standard of living with access to world-class amenities and a vibrant cultural scene. Bijou Résidence provides proximity to top educational institutions, healthcare facilities, and business opportunities within the Medine Smart City. The area also includes excellent infrastructure, ensuring connectivity and mobility around the island. In addition to that, the smart city capital appreciation is above 20% with a new hospital, motorway, and magenta park & promenade coming soon. Medine has invested billions into the smart city which means the value of their property will increase steadily.
Best location to invest in Mauritius
The west coast of Mauritius offers various attractions and activities, making it a prime location for real estate investment, particularly in luxury properties with Bijou Résidence. In the region you get stunning beaches, renowned golf courses, pristine nature reserves, and cultural sites. The region appeals to a wide range of interests. Whether you’re drawn to relaxing beachside retreats, outdoor adventures, or exploring local culture, the west coast is favoured by expatriates and tourists. The region provides a promising lifestyle in Mauritius, enriched by its diverse surroundings without forgetting some of the best sunsets.
Investing in the west of Mauritius offers a unique blend of financial and lifestyle benefits. The island’s prime location in the Indian Ocean makes it a strategic hub for global business. Mauritius with its economic stability provides policies to attract foreign investment, including favourable tax regimes and efficient business procedures. The residential real estate market is set to thrive in the coming years, driven by high demand for luxury properties. Furthermore, Mauritius’ booming tourism industry ensures a robust market for real estate investments. With its supportive environment, exceptional quality of life, and diverse attractions, Mauritius stands out as an ideal destination for business investors looking to expand their portfolios.
Contact Bijou Résidence to explore more about finding your luxury properties by investing in Mauritius.
