Connoisseurs call Mauritius the ‘Paradise for Advanced’. In Europe, the Côte d’Azur is, of course, the best place to invest in real estate, but if you dare to go a step further in terms of investment and enjoyment, Mauritius will be the next new thing. This tropical island in the middle of the Indian Ocean is also in between the emerging markets of Africa, the Middle East, and Asia. For entrepreneurs, Mauritius is even more interesting because of the soft tax climate. In this article, you will learn more about the tax advantages of this ‘Singapore of Africa’.
Buying a house on Mauritius
The simplicity and silence of the white beaches and swaying palm trees alternate with a bit of life in the brewery. The Grand Baie on the North coast is called the Saint Tropez of Mauritius for a reason. Here are the restaurants, clubs and chic hotspots for the jet set. You are amazed at how many celebrities go to Mauritius on vacation. And you can join them and buy an apartment on Mauritius.
For the real local atmosphere, you must visit the capital Port Louis; a melting pot of different cultures. The Bazar Central is the central market and has existed for more than 200 years. Here you will find, besides fruit, vegetables, and other food, local medicine men who can treat you in their own way and sell home-made medicines to you.
Good food on Mauritius
With the influence of the French and their refined French cuisine, it is no wonder that you can eat deliciously in Mauritius. The amalgamation of, among other things, Creole and Indian dishes has created a menu with combinations that can hardly be found anywhere else. Mauritius is not only a destination for the rich. You will, of course, find high-end resorts for the jet set, but also fine luxury hotels that are amazingly affordable, and that naturally enhances the holiday joy. Remember that you can eat very nicely; the island was formerly colonized by the Dutch, the French and the British and together with the Creole and Indian influences it provides a fascinating menu of delicious and varied dishes such as those that cannot be tasted anywhere else.
The jet-set knows Mauritius mainly by the tropical beaches, cocktails from a coconut and everywhere white beaches from the Bounty advertising surrounded by an azure blue sea. Although the major activity is lounging, the weather conditions lend themselves perfectly for windsurfing and kitesurfing activities.
Watersport on Mauritius
The Blue Marine Park is ideal for novice snorkelers; with a depth of only 5 meters, you can already encounter a huge amount of colorful fish, seahorses and sea turtles.
Once you have your PADI diving diploma, you can go further into the sea, preferably to the west coast of Mauritius. There are a lot of caves to be discovered here and hundreds of shipwrecks, including old pirate ships.
Nature on Mauritius
Living in Mauritius is living in the middle of nature. Especially the South and the South West is special. A well-known attraction is Ganga Talao, a crater lake in the heart of Mauritius. The lake is called Le Grand Bassin and is for Hindus a holy place. Around Ganga Talao you will also find various Hindu temples and statues.
The village of Charamel is also beautiful and located in the middle of a nature reserve. Visit the 80-meter high Charamel waterfalls and the Seven-colored hills; an area that has seven colors of red as a reminder of the many volcanic eruptions.
For those who buy an apartment in Mauritius, you will certainly visit the botanical gardens of Pamplemousses with immense water lilies and ancient baobab trees. Do not forget the Casela Nature & Leisure Park for special orchids and exotic birds.
Welcome to Mauritius
Mauritius is a tropical island in the Indian Ocean, located 850 kilometers east of Madagascar and 1,800 kilometers east of the African mainland. It is a relatively small island; 70 kilometers long and 40 kilometers wide. Mauritius is recently top of the list of the TOP 10 dream destinations and is not without reason. Living on the Côte d’Azur has added this tropical destination to the real-estate portfolio and in collaboration with an innovative and trustworthy French developer, we can offer you a number of exclusive apartments on the island of Mauritius.
Mauritius has a tropical climate and can be visited all year round with temperatures that are always between 24 and 33 degrees Celsius. The temperature does not drop below 15 degrees at night.
Tax benefits on Mauritius
Apart from living there is a number of arguments that make Mauritius extra attractive.
Mauritius is an independent island state in the Indian Ocean. Those who invest for at least 500,000 US dollars in a project designated by the government will become officially resident. The income tax is only 15 percent and there are deductions for foreign earnings. There is no inheritance tax.
For many years, Mauritius has been the major base for Western multinationals wanting to enter the Indian market or else for financial institutions that invest in India. They choose Mauritius mainly because of the favorable tax and business climate and the good regulation of the financial sector.
As a foreign party, you can have a holding company or fund set up relatively quickly, safely and simply so that you can then operate very advantageously or invest in countries with which Mauritius has a tax treaty. India, in particular, is extremely popular in that respect.
Foreign investors spend very little on taxes in Mauritius. About 20% of the tax on the island is due on the island. But companies can get up to 80 percent discount on this if they meet the right conditions. Ultimately, this can mean that as a company you only have to pay three percent effective tax. Many other types of taxes, such as dividend or wealth tax, are not even levied here.
If you add to the overwhelming nature, the highly sought after destination, the number of growing tourists and the stable and flourishing economy, then Mauritius is a valuable and valuable investment that can grow along with the island in the coming period.
Contact us for an apartment on Mauritius
We have a local team ready for you to show you the project on a legendary hill with penthouses, large villas and luxury 5-star hotel apartments. Send an email to info@llivingonthecotedazur.com or WhatsApp +33770186203 for the brochure.
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