When buying a home, you will likely have many questions and considerations. One important aspect that will arise is the Proof of Funds in Mauritius (POF). POF is a document that demonstrates the amount of money a person or entity has available. This document is important as it shows the seller that you can cover the purchase costs.

In certain cases, the proof of funds document can be requested for a rental as well. 

When you decide to buy property in Mauritius, your financial documentation plays a central role in the purchase process. Here’s why:

Proof of funds helps ensure that the buyer is financially capable of purchasing the property without depending on uncertain future funds.

For foreigners buying property under specific schemes like VEFA (Vente en l’État Futur d’Achèvement), Property Development Scheme (PDS), or Smart City Scheme, etc. providing proof of funds is essential to comply with local property purchase laws and ensure transparency.

Mauritius follows international standards for anti-money laundering. Buyers must show that their funds are legitimate and free from illicit sources. This is a legal requirement to prevent illegal activities through real estate transactions.

Several types of documents qualify as proof of funds in Mauritius. They include a bank statement/bank confirmation letter, a pay slip, a mortgage agreement and in certain cases a dividend certificate – should it be relevant, could be accepted. 

You will also have a questionnaire to fill out, where you will need to specify your source of funds; i.e, employment income, inheritance, maturity or surrender of life policy, divorce settlement, dividend payment, business Profits, retirement income, sale of property, savings/ deposits, lottery/ gambling, gift, company sale, loan, current business activities, and others. 

Foreign nationals looking to buy property in Mauritius must follow a structured process to submit their proof of funds:

1. Engage with a certified real estate agency – like Mauritius Sotheby’s International Realty.
2. Submit the relevant documents – such as bank statements and completed source of funds forms.
3. Comply with the agency’s KYC (Know Your Customer) process.
4. Undergo compliance screening by a registered compliance officer or external AML agency – At Mauritius Sotheby’s International Realty, we already partner with registered compliance agencies, and will take care of this process for you.
5. Receive approval or further requests for documentation before proceeding with the transaction.

This transparent process safeguards both the buyer and the seller, while ensuring that all legal and financial protocols are respected.

Once your documents are submitted to your real estate agency, they are forwarded to a registered compliance agency. This third-party agency:

• Reviews the documentation
• Checks for consistency and legitimacy
• Identifies any potential red flags related to suspicious transactions
• Provides a formal response to the real estate agency regarding your financial standing

Only after passing this verification stage can the property purchase proceed.

Failing to provide adequate proof of funds in Mauritius can result in:

• Delays in the buying process
• Rejection of your application under specific property schemes
• Loss of a potential investment opportunity

It’s vital to prepare your documentation in advance to avoid such setbacks.

When preparing to buy property in Mauritius, your first step should be financial readiness. At Mauritius Sotheby’s International Realty, we guide clients through each step of this process — ensuring that your proof of funds is not only complete but fully compliant with local and international standards.

We recommend:

• Gathering all supporting financial documents ahead of time
• Consulting with our expert agents for personalised guidance

If you have further questions about buying property or submitting proof of funds in Mauritius, our team at Mauritius Sotheby’s International Realty is here to assist you.

Reach out to us at info@sir.mu for tailored advice and world-class service.