prime property

South African property enthusiasts can sidestep heavy local taxes by investing in holiday homes in Mauritius, and gain the added bonus of permanent residency.

South African property enthusiasts can sidestep heavy local taxes by investing in holiday homes in Mauritius, and gain the added bonus of permanent residency.

A Mauritian property development, Villa Valriche, is promising real estate investors 288 villas overlooking the ocean and two golf courses in the Domaine de Bel Ombre region for a bargain.

The initiative was opened up to international buyers in 2002. The project applies to purchases over $500000 (about R3,9million) on mass developments. - Zweli Mokgata

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