EDB – Info – Non-citizens are allowed to purchase flats in condominiums of at least two floors above ground (G+2) with the prior approval of the Economic Development Board (EDB), provided that the purchase price of a flat is not less than MUR 6 million or its equivalent in any other convertible foreign currency.

The tax advantages will allow you to invest in the best conditions:

• No property tax
• No land tax
• No capital gains tax in the event of resale.
• No inheritance tax
• No wealth tax
• Double taxation treaties with many countries.

You will find properties such as:

• Common swimming pool
• Fitness
• Rental Management
• Concierge services

When acquiring a residential property for a price of more than US$375,000, a non-citizen is granted a residence permit as long as he/she holds the residential property.

The spouse and children under the age of 24 are also granted a residence permit.

Are you looking for a Villa or an Apartment to buy in one of these prestigious developments? Contact us