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Simplified inheritance tax for foreigners

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Simplified inheritance tax for foreigners

Leading country in the Indian Ocean region

Mauritius has signed double taxation treaties with 44 countries worldwide, including 9 in Europe. Agreements are currently being negotiated with Greece and Spain.

Mauritius has risen in the Ease of Doing Business Index. In 2020, the country was ranked 13th out of 190 countries in the above index. With the presence of a major financial center, Mauritius is a pioneer in the Indian Ocean linking Africa, Europe, and Asia.

In addition to the wealth management opportunities offered by this international financial center, the Mauritian government has also established a special retirement program. This allows non-resident foreign retirees to reside in Mauritius with their dependents for a renewable period of 10 years.

Tax Benefits for Foreign Retirees

Mauritius remains a competitive and reliable jurisdiction for investment and estate planning. There are no capital gains, inheritance, or withholding taxes and offshore trusts are also exempt from forced heirship. This allows the owner to leave their money to whomever they choose. Finally, forced heirship rules in other countries are not enforced by Mauritian courts.

To apply for a pensioner’s permit, the applicant must be at least 50 years old. They must also agree to pay a monthly sum of EUR 1,500 into their future Mauritian account, which is equivalent to EUR 18,000 per year. These conditions are designed to ensure the financial viabi

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