'Narains Luxury Properties' is proud & delighted to represent 'Marquee Ocean Front Luxury Home' options for sale in Mauritius. We have created a unique rapport with the owners/developers in Mauritius to assist them in reaching out to the 'Global Indians' & Indians living within India. NLPI is perhaps the only Luxury Property Brokerage Firm in India marketing such unique properties in Mauritius.

The government of Mauritius has launched in its 2015 budget ‘13 mega projects'. These projects include bringing the concept of smart city to eight different regions across the country along with another five high- tech manufacturing and information-based industrial zone, also coined as ‘Technopoles’. The main aim to this development is to promote and ease the Mauritian lifestyle, create jobs and bring a boost to the construction sector. These cities will be designed to be environmental friendly and will produce their electricity while making an efficient use of water and smart modern transportation to ease the crisis of traffic congestion the country currently faces.

The regions that were selected for these projects are: The Omnicane airport city in the south-east, St Félix Village in the south, The Médine Integrated Park in the west, Roches Noires in the north-east, The Azuri Phase 2 project in the north, The Terra project in the north, The Highlands City in the center, The Richeterre Project in the vicinity of Port Louis. The 5 ‘Technopoles’ will be located at Highlands, Rose Belle, Flacq, Rivière du Rempart and Bambous. These projects will exploit roughly up to 7,000 acres of land and will required an investment of approximately 120 billion Mauritian rupees (about 3.5 billion USD), to be essentially drawn from private and foreign investments. The Omnicane Mont Tresor Airport City will extend over 400 hectares of land near the airport of Mauritius. It aims at the developing the movement of airport activities with the African continent and the rest of the world while pressing on green energy.

Religion Hinduism is the primary religion in Mauritius with around 52% identifying as Hindu. Christians make up about 28% of the population (26% Catholic, 2% Protestant). 16.6% of residents are Muslim. Work and Resident Visas are easy to get. Tourist Visa is absolutely free by Mauritius Government and available on arrival to Indian Origin folks. With direct flights options from India and many other countries, Mauritius is centrally located and poised to grow in years to come in a Democratic environment unlike UAE.

As of 1 July 2022, the rate of 10% is now applicable to annual net income not exceeding MUR 700,000. An individual deriving annual net income between MUR 700,000 and MUR 975,000 will now be taxed at 12.5%. Net income derived above MUR 975,000 will be taxed at 15%.

• China-Mauritius free trade agreement and preferential trade agreement with India

• Double Taxation Avoidance Agreements with 46 countries

• No inheritance tax

• No capital gains tax

• No tax on dividends

• 15% corporation tax

• 15% income tax

• No restriction on repatriation of capital

• No foreign exchange controls

Through 'The Economic Board of Mauritius' (EDB) we are fortunate to have been introduced to Chetan Narain and his son Abir. Although we missed meeting him in person during his visits to Mauritius in the months of March & May 2023, we have benefited from several Zoom meetings

to review the overall approach and consider them to be a valuable part of our developing team.

Mr Narain is a seasoned property expert and clearly has the ability to                        Martin Brage

bring significant value to Mauritius. This is through his strategic thinking and strong contact base.

We are now planning a series of roadshows in India to help promote Mauritius to the Indian market.

Here's a link to our Project - https://www.curzonmauritius.com/curzon-smart-city