Over 1,200,000 foreigners frequent Mauritius each for travel and investment reasons. The beauty of this East African country is that it enjoys good economic and political stability all year round. For this reason, the Immobilier Ile Maurice seems to keep thriving each year.
5 Reasons Immobilier Ile Maurice Thrives Regardless of External Factors
1. Favorable Tax Laws
Investors gravitate towards Mauritius as they have well-thought-out tax regimes for their businesspeople and investors. For example, property owners only pay a maximum tax of 15 percent on their rental income.
Developed countries like the US have a favorable tax bracket that go as high as 35 percent. As a result, investors pocket less money from the rental income they get each month.
2. a High Number of Visitors
Millions of people troop the country for vacation or investment purposes each year. Therefore, the demand for luxurious properties, including commercial houses, is relatively high.
3. Zero Inheritance Tax
Many people, including visitors, invest to secure their future and that of their children. However, inheritance tax may inhibit these dreams, especially for pricey assets. Fortunately, Mauritius does not charge any inheritance tax to any property owner.
4. Political Stability
A tycoon should consider buying a house for sale in Mauritius, as the country guarantees peace and stability. Therefore, they don’t have to worry about deadly political clashes during the poll season.
5. Highly Safe
Unlike most countries, Mauritius is relatively safe, thus cases of murder or destruction of property aren’t quite common. Further, the country’s judicial system is functional to convict all criminals to bring justice to the offended.
Therefore, investors can breathe easy as their properties are safe throughout the year.
Vital Amenities that Each House for Sale in Mauritius Has
All real estate properties in Mauritius contain essential facilities such as:
-
Washrooms
All human beings need to respond to the call of nature and freshen up periodically to be comfortable. For this reason, contractors always include an ablution when planning a house for their clients.
-
Bedrooms
Residential properties must have modern bedrooms with essential amenities such as hangers and power sockets.
-
Air conditioner
In Mauritius, temperatures can rise to over 35 degrees Celsius during the hot season. For this reason, contractors always budget for AC installation during house construction.
Closing Thought
Finally, Immobilier Ile Maurice keeps thriving as the economy is relatively stable. For this reason, the Mauritian rupee remains strong, ensuring that the property value keeps improving over the years.