Why Sell Through Destination Mauritius?
Expert KYC Support
- Full compliance assistance for seamless transactions
Global Buyer Network
- Access to international investors seeking Mauritius properties
Tax Optimization
- Maximize your returns with expert tax planning
Secure Transactions
- Full regulatory compliance and transparent processes
Seller Tax Obligations & Benefits
Great News for Sellers: Mauritius offers one of the world's most favorable tax environments for property sellers with NO capital gains tax on residential property sales!
Land Transfer Tax - 5%
Standard Rate: 5% of property value (paid by seller)
Foreign Sellers (EDB schemes): Higher of 10% or 30% of capital gains
Capital Gains Tax - 0%
Residential Property: NO capital gains tax on property sales
Benefit: Keep 100% of your capital appreciation
Property Tax - 0%
Annual Property Tax: None - Mauritius has no annual property taxes
Advantage: Lower holding costs compared to other jurisdictions
Inheritance Tax - 0%
Estate Planning: No inheritance tax in Mauritius
Benefit: Smooth wealth transfer to heirs
2025 Tax Updates for Sellers
New Registration Duty: Non-citizen buyers now pay 10% registration duty (up from 5%)
Enhanced Land Transfer Tax: Foreign sellers of EDB scheme properties pay higher of 10% of sale price or 30% of capital gains
Impact: Higher buyer costs may affect pricing strategies - our team helps you navigate this
Seller Process Timeline
Step 1: Property Valuation & Market Analysis
Professional valuation and competitive market analysis by Destination Mauritius
Step 2: KYC Documentation Preparation
Compile all required seller documents based on your entity type
Step 3: Marketing & Buyer Identification
Professional marketing campaign targeting qualified international buyers
Step 4: Preliminary Agreement (Promise of Sale)
Negotiate terms and sign preliminary agreement with certified notary
Step 5: EDB Notification & Approval
Submit Notice of Sale to EDB and assist buyer with their approval process
Step 6: Final Deed of Sale
Complete transaction at notary office with full documentation and fund transfer
Required Seller Documentation by Entity Type
- Valid passport or national ID (certified copies)
- Proof of residential address (utility bill less than 3 months old)
- Birth certificate (certified true copy)
- Marriage certificate (if applicable, certified true copy)
- Title Deed proving ownership of the property
- Recent passport-size photographs
- Tax Identification Number (TIN) certificate
- Bank account details for sale proceeds transfer
- Declaration of source of funds (when property was acquired)
- Certificate of incorporation
- Business Registration Card (current)
- VAT Registration Certificate
- Constitution and Memorandum of Association
- Current list of directors and shareholders
- Board resolution authorizing the property sale
- Special resolution if required by company constitution
- Title Deed in company name
- Company bank account details
- Recent financial statements (audited if required)
- Tax compliance certificate
- Personal KYC documents for all directors and UBOs
- Certificate of incorporation in home jurisdiction
- Certificate of registration as foreign company in Mauritius
- Legal opinion on authority to transact
- Apostilled/legalized corporate documents
- All documents required for Mauritian companies
- Tax residency certificate from home jurisdiction
- Compliance certificates from home jurisdiction
- Trust Deed or Foundation Charter (certified copy)
- Certificate of registration (if applicable)
- Trustee resolutions authorizing sale
- Declaration identifying all beneficiaries and settlors
- Trustee authorization and powers documentation
- KYC documents for all trustees, protectors, and beneficiaries
- Title Deed in trust/foundation name
- Bank account details for proceeds
Property-Specific Requirements
- EDB acquisition approval (original)
- Notice of Sale letter to EDB
- Non-Objection Certificate from EDB
- Property development agreement
- Compliance certificate from developer
- Any relevant scheme documentation
- Clear title deed
- Survey plan and building permit
- Municipal rates and taxes clearance
- Utilities clearance certificates
- Building compliance certificate
- Property insurance documents
Financial & Legal Obligations
Bank & Mortgage Clearance
- Mortgaged Properties: Obtain clearance letter from financing bank
- Outstanding Loans: Coordinate loan settlement through notary escrow
- Charges: Clear all fixed and floating charges against property
- Bank Documentation: Provide official discharge of security documents
1. Notary Fees
Rate: ~1.15% of property value + 15% VAT
Covers: Document preparation, registration, legal compliance
2. Agency Commission
Destination Mauritius: Competitive rates (typically absorbed by developer)
Service: Full-service marketing and transaction management
3. EDB Processing Fee
Notice of Sale: Administrative fee for EDB notification
Compliance: Required for all EDB scheme properties
AML/CFT Compliance for Sellers
Enhanced due diligence for high-value transactions and foreign entities
Maintain transaction records for minimum 7 years post-sale
Full compliance with FATF standards and local regulations
Post-Sale Considerations
Tax Planning
- No capital gains tax on residential property
- Reinvestment opportunities in Mauritius
- Double taxation treaty benefits
- Estate planning advantages
Investment Opportunities
- Reinvest in new development projects
- Diversify into commercial real estate
- Explore offshore investment structures
- Consider Mauritius business opportunities
Why Choose Destination Mauritius for Your Sale?
Expert pricing strategy and global marketing reach
Streamlined KYC and transaction management
Access to qualified buyers worldwide
Track record of successful high-value sales