In this new monthly feature, the JLSK real estate chain and its partners will be offering sound advice and other valuable notarial and legal information to help you invest more effectively. As a preamble, DG James Simon reviews the tax advantages offered by Mauritius to foreigners.
The island’s evolving investment schemes – IRS, RES, IHS, PDS, Smart City, R+2 – are just some of the projects that are opening their arms to future buyers looking to settle (temporarily or permanently) in the tropics, or to secure a long-term investment.
A destination for real estate investment
If the country’s jurisdiction grants individuals and companies a low tax rate, note that on real estate, capital gains, assets and inheritance, it is zero! What’s more, value-added tax and income tax, such as on rental income, are only 15%! The country’s solid institutional framework, advantageous regulatory environment and open trade policies are therefore conducive to economic growth and attract investors from all over the world keen to enjoy optimum profitability.
Comprehensive support
Tax incentives, paradise-like residential programs, love at first sight… Like anywhere else in the world, whatever the reasons for buying a new or recently built property, the project must be carefully planned. JLSK’s professional team provides assistance and guidance to future homeowners. From analyzing demand by geographic area to borrowing terms and conditions, from applicable laws to guarantees and securing the transaction… our experts answer all your questions.
Visit the JLSK showroom at Pointe aux canonniers (Grand Baie) and/or book an appointment on (+230) 5498 8875.