Harmonie information kit
Key insights for foreign buyers
Here are some key information about investing in a property in Mauritius
Who can acquire a property at Harmonie Golf & Beach Estate?
Once approval is received from the Prime Minister’s Office, if required, a PDS property can be purchased by the following:
- a Mauritian citizen;
- a foreign citizen;
- a foreign company under the Companies Act 2001;
- a “société” under the Companies Act 2001; or
- a Trust.
What are the main fiscal tax benefits of living in Mauritius?
Mauritius has built a reputation, over the years, as a secure and reliable investment hub and as one of Africa’s top-ranked economies.
Mauritius is a free-market economy having claimed the highest score on ease of doing business in sub-Saharan Africa (SSA) with free movement of capital indue to the absence of any exchange control, enabling free movement of Capital.
The island boasts a streamlined simplified tax system and an attractive fiscal tax regime consisting of:
- A favourable Tax System
- free repatriation of profits, dividends, and capital.
- no taxation on interest and dividends at source.
- no capital gains tax.
- no inheritance tax for direct descendants.
- Double Taxation Agreements with 46 countries, including France, South Africa, the United Kingdom, India, and China.
How do I apply for a residence permit?
Will a non-citizen obtain the residence permit upon purchase of a property at Harmonie Golf & Beach Estate?
Yes. A non-citizen will be eligible to apply for a residence permit upon purchase of a property at Harmonie Golf & Beach Estate, which value is at least but not less than USD375,000, or its equivalent in any other freely convertible foreign currencies. Spouses and dependent children (less than 24 years old) may also apply for a Mauritian residence permit.
An unmarried partner can also apply for the residence permit provided, if he or /she is in a living relationship with the purchaser and holds, at the time of application, a cohabitation agreement (Certificat de Concubinage), or any other document certifying such relationship with the purchaser, duly prepared by a law practitioner.
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