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.

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:

• Fast-growing financial services sector and stock market (SEMDEX) — highly respected thanks to the country’s strong democracy and political stability
• Ease of doing business — Mauritius ranked 1st in Africa and 13th worldwide in the World Bank’s 2020 Doing Business Report (no newer editions available)
• Low taxes, which encourage business formation and appeal to retirees — there is no estate duty or capital gains tax in Mauritius 
• Safety and security — according to New World Wealth’s in-house safety index for 2022, Mauritius ranks as the safest country in Africa 
• Prime real estate in exclusive residential areas 
• Glorious beaches, nature, scenery and weather

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. 

Prepare to live the exceptional and contact us if you’re looking to buy or rent an extraordinary property on the island, info@sir.mu