Mauritian developments 'have expatriate benefits'

26/02/09 18:47

People can enjoy expatriate benefits in Mauritius if they own property in one of the government's Integrated Resorts Schemes (IRS), according to villasvalriche.com.

Purchasing a home in an IRS will provide automatic residency to foreign freehold property owners and their dependants, which will grant an expatriate a number of economic advantages.

Financial benefits will include low income tax levels, no capital gains tax and no inheritance tax.

Villas Valriche, a Mauritian residential property development company, claims that the country has a stable economy, an ideal year round climate and is easily accessible by frequent flights.

The business also stated that Mauritius is one of the safest tourist destinations in the world but it is recommended that expatriate take out international health insurance in case of emergencies or accidents.

Furthermore, the organisation promotes Mauritius as an ideal country to move abroad to as it claims it tops numerous surveys for both business and quality of life.

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