Foreign Demand for Luxury Real Estate in Mauritius Surges

Foreign demand for luxury properties continues unabated in Mauritius, an Indian Ocean island nation known for its long stretches of white-sand beaches, blue lagoons and an absence of capital gains and inheritance taxes.

Foreign direct investment in Mauritius’ real estate industry climbed 13% to almost 24 billion rupees ($530 million) in 2024, according to preliminary estimates published by the Port Louis-based Bank of Mauritius. Acquisitions of properties including luxury villas and apartments totaled 18.6 billion rupees — up from 13.9 billion rupees in 2023.