A luxury destination, Mauritius has a thriving real estate sector that attracts a significant amount of Foreign Direct Investment (FDI) every year. In fact, real estate represented 55% of all FDI inflows from January to September 2022, according to the latest figures of the Bank of Mauritius.
Indeed, a popular destination for foreigners who want to live, work, retire and buy property in a safe place while enjoying the perks of an islander lifestyle, Mauritius is an obvious choice.
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The latest Africa Wealth Report by Henley & Partners confirms Mauritius’s position as a top destination for wealthy individuals, with the number of high-net-worth individuals (HNWI) increasing from under 3,000 a decade ago to approximately 4,900 today. “In addition, many locally born millionaires have been created as the economy has grown”, reads the report.
Furthermore, it is to be noted that a minimum investment of USD 375 000 in property allows an investor to obtain residency on the island.
According to the report, Mauritius has many pull factors:
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The voice of luxury in the Mauritian property landscape, the Mauritius Sotheby’s International Realty team stands ready to provide you with the best services and advice on your property journey.
Published on March 31, 2023 by Laetitia Melidor
Rental Properties in Mauritius – The Guide
If you're thinking about moving to Mauritius and want to check out the island before committing to buying a property, it's a good idea to look into renting. Wondering which areas to explore? Curious about the types of rental properties available to foreigners and their costs? We've got your questions covered.