Mauritius:The Indian Ocean Paradise
Category Living in Mauritius
Mauritius is a breath-taking island that - according to Mark Twain - "heaven was formed after", and with our list of properties on every part of the island, it is no wonder there is a surge in acquisitions by South Africans over the past few months.
Aside from the number of beautiful, modern properties being a reason for re-locating, tax rates for business and individuals at only 15%, (with the advantage of no capital gains or inheritance tax), offshore investment opportunities, island lifestyle, an economy with a stable government, world-class international schools and a growing tourism market, all make Mauritius an exceedingly popular re-location destination! This, along with appealing property investments priced from only ± $150,000 (minimum spend by foreigners is MUR 6 000 000) - plus, with purchases over $375,000 you will get permanent residency for you and your family. Rental incomes are also providing owners in prime located developments a 3.5% to 4.5% gross yield per annum on top of capital growth.
Mauritius is currently also ranked first in Africa and 20 out of 190 economies for ease of doing business, according to the latest World Bank annual ratings. Over the past 50 years, since independence, Mauritius has transitioned from a sugar-based economy to an innovation-driven and knowledge-based economy.
With all these benefits and much more, the question is not why you should move to Mauritius but what is stopping you from packing and relocating to the island of dreams.
Author: RE/MAX 24 MAURITIUS