Tax Benefits in Mauritius for Belgian Residents

An Attractive Tax Framework

Mauritius is renowned for its advantageous tax regime which attracts many investors and foreign residents each year, including Belgians. One of the main attractions is the rate tax unique low rate. In fact, income tax, both for private sellers that for companies, is capped at 15%. This uniformity of the rate offers a predictability and a simplicity that is often lacking in others jurisdictions.

Exoneration on Dividends and Capital gains

Another important advantage for Belgian residents in Mauritius is exemption taxes on dividends and capital gains. This means that the investments made in Mauritius, as well as profits made, are not only lightly taxed at income level, but also exempt from tax when they are redistributed in the form of dividends or realized on the sale of a investment.

Double Taxation Agreements

Mauritius and Belgium have signed a double taxation agreement which aims to avoid the same income being taxed by both countries. This is particularly beneficial for Belgian residents who decide to settle in Mauritius or invest there, because it simplifies the planning tax and reduces the bonds global tax.

Attraction for Retirees

Mauritius is also a popular place of residence for Belgian retirees, thanks to its favourable tax regime. Pensions from foreign sources received by tax residents in Mauritius are not taxable. locally. This has an advantage significant for retirees who wish to maximize their retirement income while enjoying an idyllic living environment.

Planning Successor et Transmission of Heritage

La planning inheritance is another consideration important for Belgian residents. Mauritius does not apply inheritance tax on assets passed to heirs, which greatly facilitates the legacy of heritage to generations futures without tax charges additional. It may represent an economy significant and a big one relief as part of the planning from the succession.

En conclusion, la combination of a rate tax low, of exemptions tax on dividends and capital gains, agreements to avoid double taxation, as well as benefits specific for retirees and the planning inheritance, makes Mauritius a destination fiscally attractive to Belgian residents. However, it is advisable to consult a tax advisor to accurately navigate the nuances of the Mauritian tax system and optimize the tax benefits availables.

Comparison rate tax with that of France

While Mauritius offers a single rate tax à 15 % both for the income of private sellers only companies, France presents a progressive scale going up to 45 % for the highest income brackets. This difference makes Mauritius significantly more attractive for those looking to optimize their bonds tax, especially for high incomes.

The exemption some capital gains compared to the United States

To United States, the capital gains can be taxed up to 20 % depending on the length of detention of investment. In contrast, in Mauritius, the capital gains are completely exempt for residents. This policy not only simplifies the management of investments but also allows a preservation full share of profits made, increasing attractiveness of Mauritius as a hub investment international.

Benefits for retirees compared to Italy

In Italy, although there are some tax regimes that are favorable to retirees, pensions are usually subject to tax under a system progressive. On the other hand, Mauritius offers a exoneration total tax on foreign-source pensions for residents. This feature makes Mauritius a preferred choice for Belgian retirees wishing to extend their retirement income while enjoying a quality living environment superior.

Premium Visa

The Premium Visa is specially designed for those who wish to live in Mauritius while working remotely for a business non-Mauritian. Valid for a period of one year and renewable, This visa does not authorize the holder to work for the local Mauritian market. The conditions for obtaining include possession of a valid passport, proof of sufficient income (at least €1350 per month or €15000 savings), as well as travel and health insurance. A proof domicile in Mauritius is also necessary.
➡️ Get an overview of the premium visa by visiting this link.

Retirement permit

This permit is intended for people of 50 years and more wishing to enjoy their retirement in Mauritius. Valid for ten years, it does not allow work on the island. Applicants must transfer monthly a minimum amount of $2000 on a Mauritian bank account, including the opening is assisted by local authorities.
➡️ Get an overview of the retired license by visiting this link.

Permits self-employed

The Permit independent, also valid for ten years, is an option for those who wish to start and manage their own business without employing local employees. To obtain this permit, a deposit of $50000 in a Mauritian bank account is required, as well as a business plan approved by the government Mauritian. It is also necessary to open a company in Mauritius.
➡️ Learn more about the independent permit, follow this link.

Residence permit

For those considering investing in real estate In Mauritius, the Residence Permit is a way attractive. This permit is valid as long as the property, which must be located in sectors specifically designated as PDS, IRS, RES, R+2, remains in possession of its owner. The investment minimum required is 375000€.
➡️ For more information on the residence permit, click here.

Working license

This permit is intended for individuals with a paid job offer of at least €1300 per month in Mauritius. It is recommended to come to the island initially with a tourist or premium visa (for a long stay) and to look for a job on site in order to be able to apply for this work permit.

Support Complete for Expatriation

At Expatriation-Maurice, we offer a complete service accompanying for your steps expatriation in Mauritius. From the planning initial to your installation complete, our team of experts ensures that your transition is as smooth as possible.

Obtaining a Visa or Permit

We assist our clients in the procedure obtaining of the visa or the various permits industries to ensure to live and work in Mauritius in the long term. Whether you are a professional, un independent, a retiree or a investor, we guide you every step of the way.

Housing Search

Finding the perfect home can be a challenge when expatriation. Our consultants are here to help you discover the house or the apartment who will answer perfectly to your needs and preferences.
➡️ Find out everything about our services for finding accommodation and protection against poor workmanship here.

Support Administrative

We manage all the procedures administrative industries to ensure at your installation in Mauritius. This includes the opening bank account, creation business, And much more, simplifying so your transition.

Acquisition of Vehicle and Move

Expatriation-Maurice assists you in researching and acquisition of a vehicle on the island, as well as in organization of your move, to make you feel at home from the moment you arrive.

Airport reception

We understand the importance from a reception warm. Upon your arrival, a member of our team will be there to greet you at the airport and to accompany to your new home.

Children's Schooling Management

Your children's education is a priority. We help you find the best school options for your children so they benefit of quality education in Mauritius.
➡️ Discover our services for school assistance and how they can make your life easier.

Import Pets

Expatriation-Maurice also guides you through the steps to obtain permits import industries to ensure for your pets, ensuring that they will accompany in your new life in Mauritius.
➡️ Our pet import services are designed to meet your specific needs.