Investing in real estate in Mauritius offers numerous benefits, from high returns on investment to obtaining residency permits. At Bijou Résidence, we provide luxurious and sustainable properties that cater to business investors and retirees who wish to invest or expatriate to the island. Discover the benefits of investing in real estate in the country, and especially how investing in our properties can enhance your business portfolio and your lifestyle in the West Coast.
High ROI Due to the Strong Growth Potential in the Mauritian Real Estate Market
The Mauritian real estate market has shown strong growth potential, offering high returns on investment. The island’s strategic location, political stability, and robust economic policies make it an attractive destination for real estate investors which are great benefits of investing in real estate in the country. In 2023, the real estate sector contributed significantly to the national GDP, with over 50% of Foreign Direct Investment (FDI) attributed to real estate sales. This makes Mauritius an excellent choice for those seeking to diversify their investment portfolios with high-yield properties.
Low Property Tax Rates in Mauritius
Mauritius offers one of the most attractive tax regimes in the world, with low property tax rates and no capital gains tax. This favourable tax environment significantly benefits real estate investors by maximizing their returns. Additionally, rental income is taxed at a flat rate of 15%, and there is no double taxation, making Mauritius a financially prudent choice for real estate investments. Furthermore, Mauritius has double taxation avoidance agreements with several countries, enhancing its appeal. The stable political and economic environment also contributes to a secure investment climate.
The Country’s Robust Legal Framework Protecting Investors’ Rights
Mauritius has a robust legal framework that protects investors’ rights, ensuring a secure investment environment. The country has implemented laws and regulations that guarantee property rights and provide legal recourse in case of disputes. This strong legal framework is a key factor in attracting foreign investors to the Mauritian real estate market. The Smart City Scheme, for example, allows foreigners to invest in integrated developments, promoting both security and growth. Additionally, the Non-Citizens (Property Restriction) Act has been amended to allow non-citizens to purchase apartments in projects of at least two floors above ground, further encouraging foreign investment. The legal system’s foundation in both English and French law also enhances its reliability and appeal.
Real Estate Investment Leading to Residency Permits
Investing in real estate in Mauritius can also lead to obtaining residency permits. The Mauritian government offers residency permits to foreign investors who invest a minimum amount in real estate, typically starting from USD 375,000. This provides an excellent opportunity for investors to live in one of the most beautiful and vibrant countries in the world while enjoying the benefits of property ownership. Furthermore, the residency permit extends to the investor’s spouse and dependents, enhancing the appeal for families seeking a long-term relocation.
Other Benefits of Investing in Real Estate with Bijou Résidence
The booming tourism industry in Mauritius significantly impacts rental yields, making real estate investment even more attractive. With millions of tourists visiting the island each year, there is a high demand for rental properties, providing investors with excellent rental income opportunities. The luxury rental market, particularly in tourist-heavy areas like the North and West, has seen significant growth, with prime developments offering gross rental yields between 3.5% and 4%. Additionally, the rise in ecotourism and sustainable developments is further driving demand, particularly for exclusive, high-end properties just like those of Bijou Résidence.
Housing Options with Bijou Résidence
Undoubtedly, the island offers various benefits of investing in real estate. Bijou Résidence offers a range of luxurious housing options, including villas, penthouses, and apartments. These properties are designed with a focus on sustainability and luxury, incorporating renewable energy sources, eco-conscious materials, and efficient appliances. Our properties provide investors with high returns and a comfortable, eco-friendly living environment. Experience luxury living with Bijou.
Investing in real estate in Mauritius with Bijou Résidence offers numerous benefits, from high ROI and tax advantages to obtaining residency permits and enjoying rental income from the booming tourism industry. Explore our luxurious and sustainable properties whether you want to invest or retire to Mauritius.
Learn more about the strong growth potential in our investment opportunities article.