❓ Is there property tax in Mauritius?
No, Mauritius does not charge annual property or homeownership taxes, making it an incredibly attractive destination for property investors and retirees alike.
🏠 What you should know instead:
While there is no recurring property tax, there is a one-time Land Transfer Tax (sometimes referred to as a BOI tax) applied during the sale or purchase of a property.
💵 Land Transfer Tax Breakdown:
- Rate: 5% of the property's sale price
- When it's paid: At the time of acquisition (paid by the seller, although terms can be negotiated between buyer and seller)
- Applies to: Both citizens and non-citizens purchasing property in Mauritius
✅ Other Cost Considerations:
- Notary fees: Typically range between 1% – 2%
- Registration duty: Included in the transfer cost
- No capital gains tax or inheritance tax on property
🌴 Thinking of buying property in Mauritius?
Let Harcourts Offshore guide you through the purchase process—from site visits to final contracts—transparently and professionally.
