Mauritius: Prime Second Residence Destination for Global Investors

More homebuyers are jumping into the second home market these days. They're driven by smart tax advantages, solid investment potential, and the simple desire to live somewhere that feels more "them." This trend isn't just growing—it's exploding. In this article, we will explore why this is happening and spotlight how Mauritius stands out as a location that perfectly captures what these buyers are after.

Why Second Residences Are Gaining Popularity

Urban dwellers now seek alternative living arrangements beyond major cities. Second residences offer strategic advantages for global citizens. These include quality of life improvements and potential tax benefits. They also serve as investment diversification in foreign markets. Some key benefits include:

Expat Opportunities

Securing a second residency unlocks opportunities for international living and cultural immersion. It creates pathways to experience diverse environments firsthand. This arrangement often serves as the gateway to building a completely new life overseas.

Tax Advantages

Residency permits can lead to beneficial tax situations. These arrangements don't automatically grant tax residency status. They do create opportunities within favorable tax jurisdictions.

Investment Diversification

Many residency programs encourage real estate or business investments. These create economic security during uncertain global conditions. Second residences provide political stability alternatives when needed.

Mauritius: A Strategic Second Residency Destination

Mauritius offers permanent residency through property investment programs. Government-approved schemes include IRS, RES, and PDS options. The minimum investment threshold stands at USD 375,000. An exclusive 20-year residency is given to ensure you settle while you explore other various opportunities in  Mauritius.

Benefits of Mauritius Residency

1. Family Inclusion - Permits cover spouses and dependent children under 24.
2. Shared Ownership Options - Multiple residency permits possible on single properties.
3. Employment Authorization - eligible for work and employment within Mauritius.
4. Travel Flexibility - Residents enjoy seamless movement in and out of Mauritius.
5. Resident Discounts - Exclusive resident rates for hotels, attractions, and leisure activities.
6. Tax Efficiency - No capital gains tax on property or investments.
7. No Inheritance Tax - Making Mauritius a great option for estate planning.
8. Flat Tax Rate - A simple and attractive 15% corporate and personal tax rate.
9. Double Taxation Treaties - with multiple countries to prevent double taxation.

Residency Permit Application Steps

The residency application process typically requires 2-6 months. Applications go through the Economic Development Board (EDB).

Application fees include non-refundable processing costs. These range from MUR 10,000 for IRS/RES to MUR 20,000 for PDS. Supporting documentation verification completes the process.

For more information on Mauritius residency opportunities, contact Pam Golding Properties at projects@pamgolding.mu or WhatsApp +2302634056.