Buy Property in Mauritius from Australia
Your complete guide to purchasing property in Mauritius as an Australian buyer. From financing options to residency permits, we cover everything you need to know.
Why Australian Buyers Choose Mauritius
Mauritius has become an attractive destination for Australian property buyers seeking international diversification. The island offers a stable political environment, favorable tax regime, and a lifestyle that combines tropical beauty with modern amenities.
The time zone overlap between Mauritius (UTC+4) and Australia (UTC+8 to UTC+11) makes communication and property management convenient. Direct flights via major hubs make visits straightforward.
The PDS Scheme for Australian Buyers
The Property Development Scheme (PDS) is the primary route for Australian buyers to buy property in Mauritius and obtain residency. Key requirements:
- Minimum investment: USD 375,000 (approximately AUD 570,000)
- Property type: Must be in a PDS-approved development
- Residence permit: Valid as long as you retain the property
- Family inclusion: Spouse and dependent children included
- Work rights: Permit holders can work in Mauritius
Financing Options for Australian Buyers
Mauritian Banks
- • MCB: Up to 70% LTV for non-residents
- • SBM: Competitive rates from 4.95%
- • AfrAsia: Specialist international banking
- • Required: Proof of income, bank statements, passport
Australian Options
- • Australian mortgage providers with international portfolios
- • Cash purchase (strongest negotiating position)
- • Forward contracts for currency hedging
- • Self-managed super fund (SMSF) property investment
Tax Benefits for Australian Buyers
Mauritius offers tax advantages that complement Australian tax planning:
- No capital gains tax: Mauritius has no capital gains tax on property
- No inheritance tax: Pass property to heirs without Mauritian inheritance tax
- Rental income: Taxed at flat 15% in Mauritius (may be taxable in Australia)
- Australia-Mauritius tax treaty: Helps avoid double taxation
- Foreign income tax offset: Mauritius taxes paid can be credited against Australian taxes
Step-by-Step Legal Process
Property Search & Viewing
Visit Mauritius or work with us remotely to shortlist properties. We arrange viewings and provide market analysis.
Make an Offer
Submit a written offer through your agent. Negotiate price and terms. Once accepted, proceed to promise of sale.
Promise of Sale
Sign the promise of sale at the notary. Pay 10% deposit into notary escrow account. Suspensive conditions apply (financing, EDB approval).
Due Diligence
Notary verifies title deed, checks for encumbrances, and confirms PDS eligibility. Your lawyer can independently verify.
Final Deed of Sale
Sign the final deed at the notary. Pay balance of purchase price. Receive keys and title deed.
Frequently Asked Questions
Can Australian citizens buy property in Mauritius?
Yes. Australian citizens can buy property in Mauritius through the PDS scheme with a minimum investment of USD 375,000. This qualifies for a residence permit. No restrictions on foreign ownership for PDS properties.
How do Australian buyers finance property in Mauritius?
Australian buyers can finance through Mauritian banks (MCB, SBM) with up to 70% LTV, Australian mortgage providers with international portfolios, or cash purchases. Currency risk can be managed through forward contracts.
What are the tax implications for Australians buying in Mauritius?
Australian residents must report worldwide income to the ATO. Mauritius has no capital gains tax, but rental income may be taxable in Australia. The Australia-Mauritius tax treaty helps avoid double taxation.
Ready to Buy Property in Mauritius?
Our team specializes in helping Australian buyers navigate the Mauritius property market. Get expert advice on financing, legal process, and the best properties for your needs.