Villa in Mauritius for residency permit
The Citizenship-By.Investments website provides up-to-date and accurate information on villas for sale in Mauritius, which are suitable for investment and residence permits. Ads, supplemented with real photos, are obtained directly from verified real estate agencies and developers. The purchase of housing on an island in the Indian Ocean allows for the quick and easy obtaining of residency status and citizenship in the future. The latter allows you to enter more than 150 countries visa-free. Our specialists will help you with the formalities after the sale and purchase transaction is concluded.
A house in Mauritius is a good property investment, as a detached property provides maximum privacy. The market offers options for different categories of clients: families with children, young couples, retirees, investors, and those who work remotely. The most popular are modern houses in new complexes and luxury villas in gated communities. A distinctive feature of the island is a large number of exclusive projects. Buying a house for sale in Mauritius provides a high quality of life thanks to:
- The absence of neighbours in the vicinity.
- A courtyard with a barbecue area and a place to play with children.
- A swimming pool, which most premium villas have.
- Spacious rooms and thoughtful layout.
- Direct access to the sea, which many projects have.
- The secured territory.
- The availability of internal infrastructure in the off-plan residential complexes.
A villa for sale in Mauritius from a property developer will suit those ready to delay moving. In contrast, a secondary market property will be a good buy for immediate occupation or passive income.
Prices for villas in Mauritius for investment start from $214,200 and go up to $15.3 million, with sizes ranging from 98 to 2,373 m², making it perfect for moving in or renting out. Location is one of the key factors affecting the price. It is advisable to choose resorts with a stable tourist flow and developed infrastructure, namely Grand Baie, Tamarine, Flic-en-Flac, Port Louis, Blue Bay, and Rivière Noire.
Residence permit in Mauritius by buying house
Moving to an island country with a tropical climate, friendly local population, stable economy, and developing infrastructure attracts many foreigners. However, resident status is required for a long stay on its territory. A residence permit in Mauritius through property investment will be available to adult applicants with no criminal record or serious health problems. The list of requirements also includes financial solvency, the documents confirming the legality of the invested capital, marital status, and the presence of children (if any).
The main features of issuing a residence permit for the purchase of housing are:
- The body that issues the document is the Economic Development Council.
- The validity period is 3 years, with regular confirmation of the status.
- The basis for granting is a contract of sale for a villa.
- The minimum cost of villas in Mauritius to obtain a residence permit is $375,000.
- Conditions for renewal of residence permit: compliance with local legislation, and retention of property ownership.
- Only immediate relatives (spouse, children under 18 years) can apply for residence permits.
- Application processing takes at least 1 month.
If all the requirements are met, you can obtain a residence permit in 3 years and citizenship in 2 more years.
Investment house in Mauritius
The following factors are encouraging foreigners to consider Mauritius as a location for profitable investment:
- Increase in the number of transactions concluded with foreigners: in 2024, it is expected to increase by 15.7%.
- Expansion of the property market: according to experts' forecasts, in 4 years, its volume will amount to $16.08 billion, which is 2.81% more than at present.
- Granting foreigners an unconditional right of ownership (freehold) for villas and houses in Mauritius, which allows them to sell, give, and inherit villas hassle-free.
- Protection of investors' rights: the state promotes the inflow of foreign assets, in particular, allowing the purchase of houses without limits on the amount of money, and local banks issue mortgages for borrowers with the necessary documents.
- Absence of risks associated with unstable economic and political environment: Mauritius is a safe developing country, where investors' assets are multiplied by the housing capital appreciation.
- A growing tourist flow, which allows you to earn 7–8% per annum on rent.