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Buying Property in Mauritius as an Expat
If you are planning to relocate to Mauritius, buying a property can be a good option. However, as an expat, there are a few things you should know before taking the plunge.
What type of property to buy?
As an expat, you can buy a house, apartment or building plot in Mauritius. However, there are restrictions on the land that can be purchased. Foreigners can only buy properties in specific areas called the Integrated Resort Scheme (IRS), the Investment Promotion Scheme (IPS) and the Real Estate Scheme (RES).
How to finance the purchase?
If you don't have the funds to buy a property in cash, you can get a home loan in Mauritius. Most local banks offer home loans to expats, but the terms may be different than locals. It's important to do your research to find the best option for you.
What are the administrative procedures?
Before buying a property, you need to obtain a residence permit. For this, you will need a letter of recommendation from your employer and proof of sufficient income to support your stay in Mauritius. Once you have the residence permit, you can start the process of buying the property.
- In summary, as an expat you can buy property in Mauritius, but you must respect the restrictions on land available to foreigners.
- If you need a home loan, you can get one from a local bank.
- Before purchasing, make sure you have the necessary residence permit.
How can we help you?
Analysis of your needs and criteria
We talk with you to understand your housing preferences, such as size, location, amenities, etc.
Accommodation search
We conduct an in-depth search of the real estate market to find homes that match your needs and criteria.
Physical or remote visit
We can conduct a physical viewing of the property for you, or provide video or video conferencing for a remote viewing.
Reports
We provide you with detailed reports on each property visited, including information on location, amenities, safety, possible nuisances and more.
Are you considering settling in Mauritius as an expat? Expatriation-Maurice is your ideal partner to assist you in all the steps you may encounter. We can help you obtain the permit or visa to live long term, find accommodation that meets your needs and criteria, find a vehicle to move around easily, pick you up at the airport, assist you with your children's schooling, import your pets and for any information you may need on buying a property in Mauritius. We are here to help you at every step to make your installation on the island easier and more enjoyable. Do not hesitate to contact us to start your expatriation project!
