Buying process

In most cases, the buying process is similar to buying a property off-plan (selling in the future completion) in France:

– During an acquisition of a property in Mauritius as non-resident, you must make a request to close the Board Of Investment (BOI) via the project proponent on which you invest (provide a sum of 10 000 MUR 220 €).

– This application is accompanied by a copy of your passport and the recommendation of your bank called “Know Your Customer”.

– At the same time you can proceed with the signing of the booking contract with various suspensive clauses.

– Once done you need to transfer the deposit (5% or 10% of the total) in the escrow account in your name in a Mauritian bank within 7 days.

– You can make the loan application for the acquisition of your property if necessary

– Once the authorization to acquire given by the BOI can proceed to the signing of the deed of sale – (. 5% deposit included) payment of 25% or 30% of the total price

– The payment schedule is based on the progress of work as follows (on a 25% data to the signing of the deed)

– 10% – completed foundations

– 35% – setting out of water

– 25% – completion of the building / villas or property – 5% – keys

Of course, our experts assist you in all your efforts.