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Article: Residency And Owning Real Estate In Mauritius.(tax policy of Mauritius)
- Article from:
- Mondaq Business Briefing
- Article date:
- September 25, 2007
- Author:
CopyrightCOPYRIGHT 2007 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The sun shines and it is hot, the population is reputed for its kindness and hearty welcome, the country is beautiful and taxes are very low. Foreigners can now live in Mauritius, become permanent residents and purchase real estate. In this article, we will go over various possibilities open to non-citizens (of non Mauritius nationality) to acquire permanent resident status, either by working or investing there or just as retirees. We will also go briefly over the salient features of the Mauritius offshore regime.
Owning Real Estate
The recently introduced concept of Integrated Resort Scheme (IRS) enables foreigners to acquire luxury residential property ...