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Mauritius: Taxes and Costs

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Last Updated: Aug 27, 2008

Rental income tax is moderate in Mauritius

INDIVIDUAL TAXATION

Nonresidents are taxed only on their income from sources in Mauritius. Nonresidents can own real property in Mauritius through the Permanent Resident Scheme (PRS).

INCOME TAX

As of 01 July 2008, a flat tax rate of 15% will be applied on all taxable income. The fiscal year in Mauritius runs from 01 July to 30 June.

RENTAL INCOME

All rental income of nonresidents is taxed at a flat rate of 15%, withheld by the tenant.

Any individual who owns more than one residence or owns a property costing more than MUR2 million (US$70,847), is now required to file an income tax return, irrespective of whether his income is taxable or not.

CAPITAL GAINS

No capital gains tax is levied in Mauritius.

PROPERTY TAX

National Residential Property Tax (NRPT)

This is a tax levied on residential properties in Mauritius. The tax base is the total surface area for residential land, or the floor area for flats and apartments.

NATIONAL RESIDENTIAL PROPERTY TAX

TAX BASE TAX, MUR (US$)
Per square metre of surface area of land MUR10 (US$0.35)
Per square metre of floor area of flats MUR30 (US$1.06)

 

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