Benefits of acquiring a villa through a PDS
Acquiring property under the Property Development Scheme (PDS) in Mauritius offers numerous benefits, especially for foreign investors. Here are some key advantages:
- Permanent Residency: One of the most significant benefits is the eligibility for permanent residency. Foreign investors who purchase a property valued at USD 375,000 or more under the PDS can apply for a residence permit, which allows them and their immediate family to reside in Mauritius as long as they own the property.
- Tax Advantages: Mauritius is known for its favorable tax regime, which includes no capital gains tax, no inheritance tax, and a relatively low personal and corporate income tax rate of 15%. Property owners can benefit from these tax incentives, making it a financially attractive investment.
- High-Quality Living: PDS projects are developed to high standards, often featuring luxury amenities such as golf courses, spas, gyms, and beach access. These properties offer a premium lifestyle in some of the most desirable locations in Mauritius, with beautiful landscapes and a pleasant climate.
- Investment Opportunity: The real estate market in Mauritius has shown consistent growth, providing a solid return on investment. Properties can be rented out to tourists or long-term residents, offering an additional income stream.
- Secure Legal Framework: The PDS is governed by a robust legal framework, ensuring that foreign investors’ rights are protected, making the process transparent and secure.
