Mauritius is naturally blessed with permanently pleasant weather, an abundance of resources, a smooth-sailing political environment, and a rich cultural heritage. But the island has more to offer than just postcard-perfect conditions. Not only do non-citizens unlock the opportunity to reside in the country upon investment, they can apply for a Mauritian passport five years later. Whether you’ve got a startup venture brewing or have just retired, this tropical country has something for everyone. Here’s what you need to know about buying in Mauritius.

Buy your ticket to Mauritian residency

Under the Property Development Scheme (PDS), a non-citizen becomes eligible for a residency permit upon investing 500,000 USD in Mauritian property. The country has a good international reputation, in terms of its tax scenario, with rates as cost-effective as 15%. After owning property for five years, a non-national resident has the option of applying for a Mauritian passport. 
Government regulations are as relaxed as the island’s lifestyle – allowing expat residents to flex their entrepreneurial talent. In addition to year-round sunshine and flawless beaches, Mauritius boasts a highly structured economy. It was ranked the best-performing country in Africa in a 2016 report published by The World Bank. Residents can conduct business globally, with no hidden fees.

Getting acquainted with Mauritian law

While non-citizens are allowed to rent freely, purchasing property is a different story. This is where the Integrated Resort Scheme (IRS) and the Real Estate Scheme (RES) step into the picture. Committed to granting foreigners their dream life on a tropical island, these real estate authorities overlook the construction of luxury residential complexes. Mauritius houses a wealth of premium apartments, extravagant holiday homes, and glamorous resorts estates. 
Each authority has a distinct project style – the IRS typically commissions multiple blocks of villas designed for families, containing three to four bedrooms each. These residential communities tend to be situated close to main roads, gardens, public parks, and entertainment arenas. The RES takes a humbler approach with its residential projects, mainly producing apartments and cluster homes. While they’re built with premium materials, they’re typically equipped with fewer facilities. 

A glimpse of everyday life in Mauritius

A cultural melting pot with a deep history, Mauritius boasts an inclusive society. Lives are dictated by hedonistic pursuits as the island is teeming with countless outdoor activities. The country is evolving at an admirable pace, attracting the attention of international powers like The World Bank. The country is dotted with private schools, luxury resorts, well-equipped hospitals and medical centers, spacious shopping malls, and much more. Given its mixed historical background, a variety of native languages forms the patchwork of the country’s mother tongue. These range from Indian dialects and Mauritian Creole to English and French. Socializing plays a significant role in everyday life, and mainly revolves around food culture and immersing oneself in nature. 

Mauritius has a plethora of perks and is the perfect place to start the next chapter of your life. 
Email Karen@propertyfinder.mu

Finding where you want to live is half the battle, now you have to decide what you want to live in. 
Do you envision yourself lounging with a glass of champagne in a luxe condo? Or do you want to live a picture-perfect life with your spouse and kids in a townhouse or villa? 
This section will walk you through what to expect from different types of homes.

Life in a condominium

The essence of modern living, chic apartments give traditional blocky houses a run for their money. Not only are these housing units more wallet-friendly than townhouses and villas, they require less general maintenance too! Tending to a compact urban garden on your balcony is a smaller chore than regularly mowing and manicuring a backyard and front lawn. 
A potential downside to apartment living is sharing with a community. That means shared walls, a communal parking space, and shared facilities like a gym and pool. You can also expect monthly maintenance bills from the homeowners’ association and occasionally a housing tax.

Life in a townhouse

If you can’t make your mind up between an apartment or house, a townhouse is the way to go. Financially, the cheapest townhouse on the market could potentially cost just as much as a condo, or even less if you’re lucky! They span across two floors and come with private parking. You can expect monthly bills from the homeowners’ association, but this saves you the hassle of having to maintain the building’s exterior. Townhouses come accessorized with a cute yard that you can repurpose into a BBQ courtyard, an outdoor lounge, an open-air bar, or a garden. Ideal for a variety of tenants – they’re perfect for couples or families with young children.

Life in a house

The biggest and most expensive option from the lot, a house is perfect if you love your privacy and independence. You won’t have to bother with homeowners’ association bills, but will have to shoulder the cost if something goes wrong with the place. You’ll have to personally invest in maintaining the lawns, the garden, and the swimming pool (if it comes with one). Some houses come with a fence that will thoroughly mark your house and the space around it as your very own. Houses tend to come with spacious lawns at the front and yards at the back, with ample space for a clubhouse, a swimming pool and jacuzzi combo, or a tree house for the kids. 
Houses are also the best dog-friendly option as they offer tons of running space. For rainy days when you can’t take your pooch out for a walk, they can stretch their legs and do their business in the backyard. A condo or townhouse would be too cramped a space for situations like this. You can also customize your house, piecing on additions and extensions over the years.

It’s all down to budget and space

What makes choosing a specific type of home an important decision is that they come in varying sizes. Your lifestyle and family determine the kind of home that’s right for you. Apartments and their compact layouts are ideal for single tenants or couples. Bring a pet into the mix, and a townhouse may be a better option. Add kids to that equation and the options will be boosted to houses and villas. Think about the minor details that impact your day-to-day comfort. 

Quiz yourself with these crucial questions

– Does your home have enough bathrooms to accommodate all the members of your family? 
– Let’s say you like to cook – is the kitchen spacious enough cook an elaborate meal? 

– If you want to launch a home-based startup, does your living space limit you to a foldable desk and bean bag or is there enough space for a fully-equipped home office? – Let’s say your home is an investment – is it located in an area that will keep up with the trends?
– Does your home have a separate space (like a nook or a yard) where you can hit the relax button?
– If you’re a social person, does your home have space to host parties and dinners?
– You’ve got a pet, is there enough room for them to expend their energy so they don’t resort to wrecking your furniture out of sheer restlessness and boredom?
– Does the building you’re moving into allow pets, smoking, loud music, BBQing on the balcony
– Are you happy to pay homeowners’ association fees for a shared property, like a condo?
– If you buy a house, can you comfortably afford the upkeep of its features? 

If this section has either inspired you to launch into house hunting or has left you with a bunch of questions about finding the right property, get in touch with Buying Mauritius. Our savvy team of real estate experts will address any queries you have, and will assist you in every way. 

Contact Karen@propertyfinder.mu


The Property Development Scheme (PDS), which has replaced the IRS and RES, allows the development of a mix of residences for sale to non-citizens, citizens and members of the Mauritian Diaspora. When you purchase a PDS property in Mauritius, which price shall exceed $500 000 (approximately 370 000 euro), an individual permanent resident permit will be granted. With Notary fees at only 1.5% and addition VAT which is 15% . Rental income for non-residents is taxed at a flat rate of 15% and Income-generating expenses are deductible when computing for the taxable income. Double taxation is avoided by means of a tax credit allowed for tax paid in the other state. The treaty, as well as Mauritius tax law, provides for credit in respect of underlying tax relating to dividends and tax sparing relief for tax exemption or reduction granted by a state. No capital gains tax is levied in Mauritius, gains from the sale of shares are taxable only in the country where the shareholder is resident. While Mauritius does not levy capital gains tax, any gain or profit from the sale of securities or units is specifically exempt from income tax.Reasons to Buy In Mauritius 

Here is what you need to think about before you walk out the door to your next netWORK meeting….
Denise Pitot shares tips to make netWORKing more effective AND fun.

Hi everybody,

I am a new member on MBN since this month.  I am in the field of logistics since 30 years…..quite a life time.

what I do …you need to move your pet from Europe to Mauritius, or your personal effects, that is my job.

You are new to logistics and international trade, I can assist you with all formalities.

Please do not hesitate to contact me on my cell phone. (230) 5 250 6509

Talk to you soon….

 

 

 

 

Now that most businesses understand the value of inbound marketing, business websites overall are getting better. They’re faster, sleeker, mobile-friendly, and more useful — which is great for the consumer, but makes the job of a marketer that much harder.
Building or redesigning a website yourself is the cheapest option. It can range anywhere from a few hundred dollars to $3,000 or more.

The real cost of doing a website redesign yourself is the time and hassle required.

The next level up is hiring a freelance designer to do your website redesign.
When working with a freelancer, you can expect a design that looks amazing and functions well without any glaring flaws. They will likely take your ideas, come up with a few mock-ups for you to consider, and then they’ll build off of the one you like best.

In most cases, the freelance designer is primarily focused on delivering the aesthetic appeal you describe to them while suggesting certain features to improve user-experience.

Content is the most important part of your website redesign. It’s also one of the more time-consuming aspects.

The ideal approach is a content-first design, where you build around your content, instead of designing your website and filling in the content afterwards.

At the most basic level, your website exists to connect with your buyer personas and persuade them to buy what you offer. Unless you’re selling some type of design service, no one is going to be persuaded to buy based on your design alone — it’s the content that delivers your value proposition.

Plus, your content delivers the real value. If your prospects are only there to research your company or read your blog, the content is doing nearly all the work.

That’s why you want your design adapted to your content — great design helps deliver your message more effectively and enhances the user experience while your prospects and customers consume your content.

At the beginning of a brand new year, we’re often compelled to think about fresh starts. A brand new list of resolutions is stuck to our fridges (which we’ve cleaned out and filled with healthy vegetables). We’ve put away our holiday decorations and cleaned out the closets at the same time. And the truly dedicated have frozen the credit cards in blocks of ice (or cut them up) in resolve to clear out the debt and make a fresh start financially.

Your business could use a fresh start this month! yip 6 months into the year already too.

And often a fresh start begins with a fresh new look. Here are a 7 ways to freshen up your business without spending tons of money.

Wash Your Windows! and a Fresh coat of paint!

Fresh signage
Are your signs drooping and sagging? Are they faded and worn? It might be time to look at a sign makeover. If you’re currently using paper or cardboard signs, consider switching to a vinyl banner or corrugate sign. These materials hold up much better; they’ll last longer and look better, too.

Go through your store or office and find all those little “temporary” signs you made with a piece of paper and a ballpoint pen. It’s time to replace those with a more permanent sign.
Freshen up your logo
Lots of companies change their logos every decade or so. You don’t usually want to make a complete change—your logo is a major aspect of your company branding. But a little update is a good idea if it’s been more than 10 years since the last change.

Freshen up your website
When was the last time you did something new to your website? If it was built in 2003, it’s time to revamp. If your “website” is one page that lists your hours and contact info, you don’t really have a website. If your site has neon colors on it, has flash animation on the homepage, or has music that begins to play when the site opens, it’s time to update.

Find a designer and get some opinions about what needs to be done to make your website look fabulous (and like it was created in 2018, not 2003).

Hire a web developer if needed in order to have a fully-functional site.

NETWORKING: HOW AND WHY

 

What is the difference between a lead and a referral?

Why is it that we only want to receive referrals from our network?

 

A lead essentially can be found anywhere – the good old phone book, or Google! There is no relationship, it is just a name. Usually doing business with a lead is a hard nut to crack.
On the other hand, when both parties are known, liked and trusted by a common “friend”, the business deal is that much easier to close.

 

Because you are the conduit between the two parties, you ensure both parties are aware of the potential to do business, and you make that business deal much more likely to happen.

 

Receiving a qualified referral is a wonderful gift.
Giving a qualified referral means helping a fellow networker to grow.

 

Passing qualified referrals between fellow MBN members is what we strive for…. it is the ultimate compliment between two or three trusted parties.

See the video here

Photo credit: Promix Entertainment Ltd

Denise Pitot’s TOP Networking Tips: #14

Whether you are a seasoned networker, or learning the ropes, here are some of my top tips to help you to get the most out of your networking events.

Tip #14.

The golden rule with networking, is that we should not be selling to our fellow networkers. Rather, we empower them with knowledge about our business, in the same way they will empower us with knowledge about theirs.

It is through this understanding that when we hear of opportunities, we are able to connect each other to our respective networks.

The people within the network are not our target market – their contacts are! Ensure you arm each fellow networker with the right information to make it easy for them to connect you.

My top tip is to never sell, but empower with knowledge about your business to enable others to talk about it when you are not there!
Keep it simple.

 

Denise Pitot’s TOP Networking Tips: #13

Whether you are a seasoned networker, or learning the ropes, here are some of my top tips to help you to get the most out of your networking events.

Tip #13.

What to do with all these business cards?

Although some cultures frown upon it, I like to write the date that I received the card on the back of the card and even the function where we met. If there is pertinent information I would like to remember about the person, I will write that down too. Of course this needs to be done somewhere private as I mentioned, it could be viewed as disrespectful. Armed with this information, it is so much easier to remember vital details about that first meeting. There are useful APPs available like CamCard which make capturing business card information to your smart phone so much easier.

My top tip is to capture the information while it is fresh in your mind, and send a thank you note to the person ASAP.
If there is some follow up you agreed to at the network meeting, this would be a good time to mention it, respond or connect as promised. (Remember your credibility)