Mauritius continues to position itself as one of the most transparent and investor-friendly property markets in the region. This strength is reflected in a 13% increase in foreign direct investment (FDI) into real estate in 2024, underlining growing international confidence in the country’s regulatory framework and economic stability.

Over the past few years, buying property in Mauritius has gained significant traction among both investors and families seeking relocation. The market is well-regulated, ownership rules are clear, and transactions are overseen by a robust legal system. Combined with a high quality of life, political stability, and attractive tax policies, Mauritius offers a compelling balance between lifestyle and long-term value.

The Mauritian economy remains resilient, with the Bank of Mauritius projecting GDP growth of 3.0%–3.5% in 2025. With a 15% corporate tax rate, a top personal income tax rate of 20%, and no capital gains or inheritance tax, Mauritius continues to attract global capital while remaining highly livable.

Can Foreigners Buy Property in Mauritius?

Yes. Foreign nationals are permitted to buy property in Mauritius, provided the purchase is made under government-approved real estate schemes. In addition, foreigners who invest USD 375,000 or more in qualifying property become eligible for permanent residence.

Foreigners may purchase property under the following approved frameworks:

• Property Development Scheme (PDS)
• Smart City Scheme
• Integrated Resort Scheme (IRS)
• Real Estate Scheme (RES)
• Ground +2 Apartments (buildings with at least two floors above ground)

Ownership under these schemes grants long-term security, clear title, and compliance with national regulations. The residence permit linked to property ownership remains valid for as long as the property is held. Beyond property investment, Mauritius also offers alternative residence pathways for investors and professionals.

Why Buy Property in Mauritius?

Mauritius combines strong economic fundamentals with a respected legal system and an exceptional standard of living. These factors make property ownership particularly attractive for foreign buyers.

Key advantages include:

• Attractive tax regime: No capital gains or inheritance tax, with low personal and corporate tax rates
• Clear regulation: The real estate sector is overseen by the Economic Development Board (EDB), ensuring transparency and legal certainty
• Rising demand: Real estate FDI reached MUR 24 billion (USD 530 million) in 2024, accounting for 73% of total FDI
• High quality of life: Consistently ranked as Africa’s happiest country, Mauritius offers safety, modern healthcare, reliable infrastructure, and a multicultural environment
• Strong banking and business ecosystem: International banks such as HSBC, Investec, and Standard Chartered operate locally, supporting global investors

How to Buy Property in Mauritius: Step-by-Step

The process of buying property in Mauritius is structured and designed to protect foreign buyers at every stage.

What Foreigners Can and Cannot Buy

Foreigners are not permitted to buy undeveloped or freehold land outside approved schemes. However, serviced land within IRS and Smart City developments may be acquired, subject to EDB approval.

Properties purchased within approved schemes are typically held on a freehold basis, and resale is allowed to both citizens and non-citizens, provided EDB clearance is obtained.

Can Foreigners Buy Property in Mauritius?

Yes. Foreign nationals are permitted to buy property in Mauritius, provided the purchase is made under government-approved real estate schemes. In addition, foreigners who invest USD 375,000 or more in qualifying property become eligible for permanent residence.

Foreigners may purchase property under the following approved frameworks:

• Property Development Scheme (PDS)
• Smart City Scheme
• Integrated Resort Scheme (IRS)
• Real Estate Scheme (RES)
• Ground +2 Apartments (buildings with at least two floors above ground)

Ownership under these schemes grants long-term security, clear title, and compliance with national regulations. The residence permit linked to property ownership remains valid for as long as the property is held. Beyond property investment, Mauritius also offers alternative residence pathways for investors and professionals.

Costs and Taxes When Buying Property in Mauritius

In addition to the purchase price, buyers should account for taxes and transactional costs.

Updated Tax Rates (2025–2026 Outlook)

From 1 July 2026, registration duty and land transfer tax for non-citizens are expected to increase from 5% to 10%, subject to confirmation in the 2026 national budget.

Additional Costs

• Notary fees: ~1% + VAT
• Agency commission: ~2% + VAT (often waived for off-plan purchases)
• Bank and escrow charges: minimal
• Due diligence and compliance costs

Financing a Property Purchase

Foreign buyers may finance up to 70% of a property’s value through Mauritian banks, provided income is earned abroad. All funds must be transferred in foreign currency and converted locally via an authorised bank.

This system ensures transparency and allows full repatriation of capital and profits upon resale.

Fractional Ownership in Mauritius

Introduced in 2022, fractional ownership allows multiple investors to jointly acquire property. Each investor who contributes at least USD 375,000 independently qualifies for permanent residence.

This structure has increased flexibility for couples, families, and business partners and remains fully applicable in 2025 and beyond.

Best Areas to Buy Property in Mauritius

• Grand Baie & Pereybere: Coastal lifestyle, strong rental demand, popular with European buyers
• Tamarin & Black River: Luxury villas, mountain views, beach access
• Moka & Ebene: Central location, business hubs, international schools
• Beau Plan & Rivière du Rempart: Emerging Smart Cities with modern infrastructure and long-term growth potential

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