Acquire Property In Mauritius

Economic Freedom: Mauritius In The Global Top 10

Ranking 9th globally, Mauritius joins the league of the top 10 countries which are most favorable to economic freedom according to the annual Economic Freedom Report published by the Fraser Institute. Noteworthy to those who want to acquire property in Mauritius, the report shows that Mauritius has sustained its first position as the most economically free country in Sub-Saharan Africa.

Moreover, Mauritius has a GDP per capita of USD 9 459 in 2022 and the forecast for 2023 is a GDP per capita of USD 9 954.

The Index of Economic Freedom studies 165 economies throughout the world in five key areas namely the size of government, legal system and property rights, sound money, freedom to trade internationally, regulation of credit, labour, and business.

The top 10 countries in the index for 2022 are Hong Kong, Singapore, Switzerland, New Zealand, Denmark, Australia, the United States, Estonia, Mauritius, and Ireland. 

International Property Rights Index 2022

Mauritius is in the spotlight again and ranks 1st in Africa and 41st worldwide in the International Property Rights Index 2022 (IPR Index 2022) published by the Property Rights Alliance in May 2022. So, if you want to invest in Mauritius, there are different options.

Acquire Property in Mauritius

A foreigner can obtain residency in Mauritius for a minimum investment of USD 375 000 in real estate on the island, in the different property schemes available. Acquisition of a property can also be made in partnership, where each investor needs to provide USD 375 000 to obtain residency.

Furthermore, for a minimum investment of USD 350 000 and a 10% contribution to the solidarity levy, a holder of any type of residence permit now qualifies for property acquisition outside of the approved schemes.

Want to know more: Contact us – info@sir.mu 

It’s time to Live in Mauritius 

Published on September 28, 2022 by Laetitia Melidor