Acquisition or Rental of Property in Mauritius

PurchaserSeller

Prospective purchasers of property in Mauritius must meet one of the following requirements:
1)  Be of Mauritian Nationality.
2) Be married to a Mauritian on the basis of a joint settlement of property.
3) Invest a sum of $500,000(American Dollars) in the Mauritian Economy.
(See more details)

Fees incurred by the purchaser:

MCL Immobilier Fees: 2% of the total transaction + 15% VAT
Notary Fees:
   2% on the first Rs 250,000.-
   1.5% on the next Rs 500,000.-
   1% on the next Rs 1,000,000.-
   0.5% on the balance.
   (All above plus 15% VAT)
Registration Fees: 5% on declared value of the property.
Additional fees for State Owned Land: 10% State Land Tax

Documents required by the notary:
• Photo (passport size)
• Identity card (photocopy) (if Mauritian national)
• Birth Certificate
• Marriage Certificate
• Divorce Certificate (if appropriate)
• Address
• Occupation

Fees incurred by the vendor:

MCL Immobilier Fees:
2% on the total transaction + 15% VAT

Notary Fees: None
Transfer Fees:
a)  The vendor pays 5% of “Land Transfer Tax” on the declared value, if he has owned this asset for more than 5 years.
b)  The vendor pays 10% of “Land Transfer Tax” on the declared value, if he has owned this asset for less than 5 years.
c)   Additional Fees for State Owned Land: 10%

Documents required by the notary:
• Photo (passport size)
• Identity card (photocopy) (if a Mauritian national)
• Birth Certificate
• Marriage Certificate
• Divorce Certificate (if appropriate)
• Clearance Certificate (contact the Municipality)
• Sewerage Certificate (waste water authority)
• Site Plan or Location Plan
• Title deed and co-ownership document (if appropriate)
• Letter of clearance from the syndicate (if appropriate)
• A letter proving erasure of any charges on the property

Fees incurred for rentals

MCL Immobilier Fees: (Payable by the landlord and the tenant at time of signature of contract)
   • Contract for less than 1 year: 10% of total rent + VAT
   • Contract for 1 year and over: 1 month's rent + VAT