What steps must I follow to buy property in Mauritius?
Category Buyer's Guide
- If you are a foreigner, you can only buy into a government-approved real estate scheme. Your purchase must be approved by the Economic Development Board (EDB).
- Find the home you love.
- Sign the Contrat de Réservation Préliminaire (CRP) and pay a deposit to secure your property.
- Pay the additional fees:
- 5% Government registration tax
- 1% Notary fees
- MUR50,000 administration cost.
- Await the EDB's approval (approximately one month).
- Collect your permanent residency permit, if applicable, from the EDB.
- Celebrate your new property purchase.
- Pay the balance owing on your property in the stipulated period.
Author Buying property in Mauritius
Published 11 Dec 2020 / Views -