Understanding the New USD 750,000 Rule for Non-Citizen Property Buyers
Mauritius continues to attract international investors thanks to its exceptional lifestyle, political and economic stability, attractive tax environment, and the opportunity to obtain a Residence Permit through qualifying real estate investments.
However, since December 2024, the financing rules applicable to non-citizen property buyers have changed significantly.
Many investors still believe that a large portion of a property purchase can be financed through a mortgage from a Mauritian bank. In reality, the conditions have evolved, and understanding them is essential before starting your property investment journey.
Can International Investors Still Obtain a Mortgage in Mauritius?
Yes.
Non-citizens can still apply for financing from Mauritian banks when purchasing eligible properties under approved schemes such as:
- Property Development Scheme (PDS)
- Smart City Scheme (SCS)
- Integrated Resort Scheme (IRS)
- Real Estate Scheme (RES)
- Invest Hotel Scheme (IHS)
However, financing conditions have been modified to ensure continued inflows of foreign currency into the Mauritian economy.
What Changed in December 2024?
Under the new regulations, the first USD 750,000 of the purchase price of a property acquired by a non-citizen under an approved scheme must be funded through monies transferred from abroad.
Mauritian banks may then finance the portion of the purchase price exceeding this threshold, subject to their standard credit assessment procedures and approval criteria.
In practical terms, local financing remains available, but only for the amount exceeding the first USD 750,000.
Important: The First USD 750,000 Does Not Necessarily Have to Come from Personal Savings
This is one of the most misunderstood aspects of the new regulations.
The rules do not require the first USD 750,000 to come exclusively from the investor's personal savings.
They simply require that the funds be transferred from abroad.
These funds may originate from:
- Personal savings
- The sale of a property
- Investment portfolios
- An inheritance
- Financing obtained from a bank in the investor's country of residence
The key requirement is that the funds originate from outside Mauritius and are transferred into the country.
Financing Scenarios
The table below illustrates how the current regulations apply in practice:
| Property Price | Funds to be Transferred from Abroad | Potential Mauritian Bank Financing* |
|---|---|---|
| USD 500,000 | USD 500,000 | Not applicable |
| USD 750,000 | USD 750,000 | Not applicable |
| USD 900,000 | USD 750,000 | Up to USD 150,000 |
| USD 1,500,000 | USD 750,000 | Up to USD 750,000 |
*Subject to bank approval, lending criteria and applicable regulations.
Why Was This Measure Introduced?
The primary objective of this reform is to ensure that property acquisitions by international investors continue to generate foreign currency inflows into Mauritius.
It also provides a clearer framework for the use of local bank financing in property transactions involving non-citizens.
For investors, this means that financial planning has become even more important before embarking on a real estate project.
Does This Affect Eligibility for a Residence Permit?
No.
The conditions for obtaining a Mauritian Residence Permit through property investment remain unchanged.
Subject to the regulations in force at the time of application, the purchase of a qualifying property with a minimum value of USD 375,000 still allows an international investor to apply for a Residence Permit.
The permit may also extend to the investor's spouse and dependent children, in accordance with the applicable regulations.
Key Takeaways for Investors
Before starting your property search in Mauritius, it is advisable to:
- Define your overall investment budget.
- Identify the source of the funds to be used for the acquisition.
- Assess your financing options with your bank or a Mauritian banking institution.
- Work with experienced real estate professionals who understand the regulations applicable to international investors.
Proper preparation can help avoid delays and ensure a smoother acquisition process.
Frequently Asked Questions
Can international investors still obtain a mortgage in Mauritius?
Yes. Mauritian banks may still finance non-citizen buyers, but only on the portion of the purchase price exceeding USD 750,000 and subject to credit approval.
Does the first USD 750,000 have to come from my personal savings?
No. The funds simply need to be transferred from abroad. They may come from personal savings, the sale of an asset, investments, or financing obtained outside Mauritius.
Does this rule apply to all property purchases by non-citizens?
The rule applies to acquisitions made under approved schemes such as PDS, Smart City, IRS, RES and IHS developments.
Can I still obtain a Residence Permit through property investment?
Yes. The acquisition of a qualifying property valued at a minimum of USD 375,000 still allows investors to apply for a Residence Permit under the current regulations.
Conclusion
Mauritius remains a preferred destination for international investors seeking to acquire real estate in a stable, attractive and tax-efficient environment.
While financing regulations have evolved since December 2024, access to mortgage financing has not disappeared. The new rules simply require that the first USD 750,000 of the purchase price be funded through monies transferred from abroad.
Understanding these requirements from the outset will help you plan your investment with confidence and focus on opportunities that genuinely match your financial profile.
Looking for Property in Mauritius?
Patrick Ramade – MY IMMO Mauritius
📞 WhatsApp: +230 52 55 10 44
🌐 https://myimmomauritius.com
Discover our selection of villas, apartments, penthouses, townhouses and investment properties available to international buyers throughout Mauritius.
Article by Patrick Ramade My Immo ltd, published on 23 May 2026 on My Immo Mauritius.
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