A stunning setting, breathtaking landscapes, a laid-back lifestyle and a pleasant year-round weather are just a few things that will make you want to retire in Mauritius.
This island in the Indian Ocean is known as an ideal tourist destination; it is also very popular with seniors citizens looking for a peaceful retirement. Every year, many people who retire are drawn to Mauritius for its cultural diversity, political and social stability, tax system and efficient healthcare system as well as its fine sandy beaches, turquoise blue lagoon and lush nature.
You will quickly get used to the gentle way of life. You will also be blown away by the beauty of the landscapes lining the roads, the sugarcane fields, the beautiful mountain range in the middle of the island, the golden beaches and much more.
Mauritius abounds in unique natural sites, which are perfect places to recharge your batteries, especially after retirement, with plenty of time to spare. There is no time for boredom with easy access to activities, walks, discoveries and relaxation. The island is a dream retirement destination under the tropical sun!
Retirement in Mauritius as a foreigner
The minimum age to be considered as a retired foreign resident in Mauritius is 50. Two options are available if you are looking to spend your retirement in the country.
You can make an initial minimum transfer of USD 1,500, or the equivalent in foreign currency, to a local bank account in your name. You will be entitled to a residence permit valid for a three-year period, during which you will be required to transfer a monthly minimum of USD 1,500, or the equivalent in foreign currency. The permit can subsequently be extended for 20 years.
You may also qualify for a residence permit by purchasing a property under one of the three schemes introduced by the Government of Mauritius and the Economic Development Board (EDB) in order to attract foreign direct investment in the local property market: the Integrated Resort Scheme (IRS), the Real Estate Scheme (RES) and the Property Development Scheme (PDS).
For more information about these schemes, visit the Economic Development Board (EDB) website.
Enjoying retirement at Heritage Villas Valriche
Heritage Villas Valriche is an IRS development where property acquisition gives foreigners, including retired expats, the opportunity to experience the gentle pleasures of life in the heart of Domaine de Bel Ombre in the unspoilt South of Mauritius.
IRS developments give access to a residence permit and Mauritian tax residence under certain conditions. Heritage Villas Valriche offers attractive capital gain prospects (26% on average) on resale, providing a real advantage for buyers. Through the IRS, Heritage Villas Valriche also gives foreigners the unique opportunity to purchase freehold land.
Residents who own a property at Heritage Villas Valriche benefit from everything available on Domaine de Bel Ombre: golf, the private beach club – the C Beach Club –, two 5-star beachfront resorts and 12 restaurants – all of which can be accessed by golf cart.
For more information about our offers, contact us.