What is a PDS – R+2 project
To buy, a French or foreign taxpayer must invest under certain conditions and in real estate programs subject to strict regulations.
We are going to explain you in detail what are these shemas and what are the constraints to respect to become a homeowner in Mauritius.
There are 6 program schemes to buy in Mauritius: PDS, IRS, RES, HIS, R-2 and Smart City.
Westimmo works in partnership with all builders and promoters of Mauritius, we will guide you throughout your investment in new or resale programs and this NO AGENCY FEES
Investments for rental yield are more and more requested, why let your money sleep in the bank? Why invest in France where the state will tax up to 60% of your income?
In Mauritius, once you have paid your 15%, the other 85% belong to you, and there is no property tax or housing tax.
Established in 2016. In simple terms, the PDS programs include IRS and RES with no restrictions on land area and no minimum price as imposed by the latter.
To access a permanent residence permit, the value of the property purchased must be greater than or equal to $375,000
If you buy below this mottant, you will be the owner but you will not have a permanent permit
There are other ways to get it, don’t hesitate to contact us and we will explain you.
The first scheme introduced by the Mauritian government in 2002, it is still in force for goods built before 2016.
It concerns villas and apartments that were built on land greater than or equal to 10 hectares and whose summer value is necessarily equal to or greater than $ 500 000
It required a permanent resident’s permit.
RES Program: Real Estate Scheme
The second scheme put in place to allow the smaller project to see the day, it also concerns real estate before 2016.
Without a minimum purchase, it allows you to become a homeowner in Mauritius with or without a residence permit depending on the position of the investment.
R-2 Program: Rez-de-pavement – 2 floors
It must be part of a typical real estate complex: residence, building, comprising at least three levels (ground floor – 2 floors)
The land must be built in full ownership
With this investment scheme you can become a homeowner in Mauritius, you can buy a studio, apartment, penthouse from 6 000 000 Mur but which will not give you the status of resident
Smart cities are often integrated into the improvement of an existing city as in Tamarin, Moka to name a few
This concerns villas, apartments, penthouses, loft, shops, offices that must be built on a plot of land greater than or equal to 10 hectares with certain mandatory developments, highlighting the ecology and social infrastructure.
TO KNOW about permits to live in Mauritius
If you get the title of resident you can live year-round and enjoy the Mauritian tax, if not to come and live 6 months of the year and rent the time of your absence.
Only 15 taxes, which will create additional income that will not be subject to double taxation thanks to the Franco-Mauritian agreement.
How to rent “ONE” property in Mauritius
The lease should not exceed 4 years for residential property and 20 years for industrial or commercial property.
Don’t hesitate to contact us if you are looking for a long-term rental in Mauritius
How to rent or sell “HIS” property in Mauritius
Revenues will be taxed in Mauritius and will depend on the Mauritian tax system of 15
If you wish to rent or sell your property, do not hesitate to contact us, we proceed to a free expertise.