Can Retirees Invest and Live in Mauritius ?

Buy Property In Mauritius: Can Retirees Invest and Live in Mauritius ?

Retiring in Mauritius

Timo Geldenhuys: Yes, you can do so. Now, the question is, how ?

There are two ways. First of all, there’s a specific retiree visa that allows foreign retirees to come and live in Mauritius. Obtaining this visa is easy, and facilitated through the Economic Development Board (Mauritius).

The EDB is a government institution that facilitates investment, visas, and residency in Mauritius. You can go on their portal and it’s self-explanatory.  

What’s the Minimum Investment as a Retiree ?

The key is, the initial residency-retiree permit is a 3-year permit and it’s as simple as bringing in USD18 000 a year for those 3 years. So, it’s not an excessive amount of money, it’s cash that you’re going to use to live here anyway, in terms of your daily costs including property rental, car, etc.

Mauritius is just a phenomenal place to come and retire. The permits and visas are there for you to do it very easily.

Can Retirees Invest in Property in Mauritius ?

The largest percentage of our buyers are in the retiree category, they’re 50+ years old and are predominantly from France and South Africa. When I say France, I also imply most of francophone Europe. There’s an amazing lifestyle here, with lots of opportunities for retirees, including great healthcare, and the shopping is good.

 

The investment is the same as any other investor buying property to get the residence permit, i.e, a minimum of USD375 000 is necessary to qualify for that residency. 

Live in Mauritius

At Mauritius Sotheby’s International Realty, we will facilitate that process for you, and we will do the application on your behalf.

We look forward to assisting you in that process, so if you are a retiree and you want to find out more, please do contact us, and we’ll help you as best we can.

Discover Sky Bound

Discover this 3-bedroom penthouse for USD 1 867 471
Foreign ownership, access to Mauritian residence permit and a favorable fiscal climate

Discover Ship to Shore

This 2-bedroom apartment is a must-see for EUR 720 000
Foreign ownership, access to Mauritian residence permit and a favourable fiscal climate

Published on January 3, 2023 by Laetitia Melidor

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