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the_expert

the_expert

Member

Mauritian citizen

Forum posts

21

About me

Mauritian

Registration: 12 April 2025

Activity

the_expert replied to a thread
last week
sharmaritachetty

South African expats tax obligations by sharmaritachetty

How are foreign residents taxed, how do South African expats manage their tax obligations to the South African Revenue Services.

the_expert

There is no inheritance, capital gains or wealth taxes in Mauritius. You are taxed only on your income derived in Mauritius and worldwide income remitted to Mauritius.For other queries, feel free to reach out to your tax adviser Read More

the_expert replied to a thread
2 weeks ago
Aum shakti Parashakti

Stocks shares and assets by Aum shakti Parashakti

How to earn via shares and stocks n assets with minimum investment as a housewife/ widow am 56 living in Mauritius 🇲🇺 How much is CDS account Is there financial literacy in Mauritius

the_expert

@Aum shakti Parashakti Hello. At this age, you should not invest in equities (shares) but in fixed income (bonds, bills, fixed deposit, etc) to generate cash for your living Read More

the_expert replied to a thread
2 weeks ago
mrtkiste

Jacaranda in Balaclava: good place to live? by mrtkiste

Hello everyone,I’m considering buying a house in the new Jacaranda development in Balaclava (northwest Mauritius) and would really appreciate some local insights.How is the area in general (beaches, surroundings, access to shops and ...

the_expert

Hello,I’m also from Balaclava and would highly recommend it. Jacaranda is just a 2-minute walk from the beach, located next to some of the island’s top 5-star hotels, and the beach is usually quiet and uncrowded.Weather-wise, it's sunny ... Read More

the_expert replied to a thread
3 weeks ago
RusselS

Allrisks Insurance by RusselS

Hi All,I am looking for a local insurer that offers allrisks cover and specified cover for bicycles and scuba diving gear. We rent a furnished house and are not looking for insurance that covers our landlord's items and buildings.All the quotes I ...

the_expert

Hi Russell,I understand that you need to insure your personal belongings. As such you will need a household insurance cover.I would suggest that you subscribe to any insurance through an insurance broker. For household insurance, I would suggest ... Read More

the_expert replied to a thread
last month
karibi

Currency Exchange GBP to MUR - Where can I get the best rate ? by karibi

I need to convert GBP from the UK to MUR for a land purchase. My question is, what is the most cost-effective solution? Normally, I would use somebody like Wise, but unfortunately, they don't support MUR. I assume I will get a better rate using a ...

the_expert

Hello.Contact your local bank and ask for a preferential rate for the conversion. If happy, book the deal and close the transaction Read More

the_expert replied to a thread
4 months ago
nicholasmound

Retirement permit and USD 18 000.00 by nicholasmound

Hi Everyone, very happy to have received our agreement in Principle. Please is anyone able to clarify the issue of the $18000 and a Mauritian bank account, when we come for the appointment for the issue of the permit.I know that a certified bank ...

the_expert

@External Yes. But there are representation being made and we cannot ascertain of anything Read More

the_expert replied to a thread
4 months ago
gordon081257

10-year retirement residence permits for British retirees by gordon081257

Good afternoon.A British couple of my acquaintance wish to emigrate to Mauritius. The (retired) husband's sole source of income is his state pension, almost £10,000p.a. Now the minimum annual guaranteed sume is USD18,000, about £13,200. ...

the_expert

@gordon081257 Exactly what I have mentioned Read More

the_expert replied to a thread
4 months ago
nicholasmound

Retirement permit and USD 18 000.00 by nicholasmound

Hi Everyone, very happy to have received our agreement in Principle. Please is anyone able to clarify the issue of the $18000 and a Mauritian bank account, when we come for the appointment for the issue of the permit.I know that a certified bank ...

the_expert

@KC_ Hello. You cannot say something like the budget was passed when you clearly have no idea on the right process. The minister of finance presented its income and expenditure for the forthcoming financial year in a speech. Now this speech has to ... Read More

the_expert replied to a thread
4 months ago
Lpeacock

Visas, business etc by Lpeacock

My family and I want to move to Mauritius in January. We have a fully online business which we want to move from the uk to Mauritius. Both my partner and I will draw an income from this business in Mauritius and live off this income. Which visa is ...

the_expert

@Gilbert Grant I do not understand how people who are not well versed in Mauritian law and especially not licensed to carry out any regulated activity, is allowed to post such kind of advertisements. Read More

the_expert replied to a thread
4 months ago
gordon081257

10-year retirement residence permits for British retirees by gordon081257

Good afternoon.A British couple of my acquaintance wish to emigrate to Mauritius. The (retired) husband's sole source of income is his state pension, almost £10,000p.a. Now the minimum annual guaranteed sume is USD18,000, about £13,200. ...

the_expert

@Tookays Hi. No one (including edb) knows what will be the criteria for residence permit until the amendment to the law is tabled at the National Assembly for vote. Read More

the_expert replied to a thread
4 months ago
JustinJamesBeckwith

MCB Private Banking, SBM, ABC Private Banking, Afrasia Bank by JustinJamesBeckwith

Does anybody have any feedback GOOD or BAD on their experience with MCB Private Banking, SBM, ABC or Afrasia and their investments and portfolios?Asking for a friend! :)

the_expert

Hello. Depends on what you require - is it only premium banking or wealth management? Read More

the_expert replied to a thread
4 months ago
AussieInMauritius

Is there someone here who is knowledgeable about automatic water pumps? by AussieInMauritius

My water pump is turning on too often (every 5-20 minutes) even if I am not using water. Is there anyone here who could check/repair/replace it for me? I would prefer someone who could actually do it. Referrals are hard to get hold of. Thanks.

the_expert

Alternatively you can add a pressure vessel to the system to reduce the load on the pump Read More

the_expert replied to a thread
4 months ago
myriamburri

Life and work by myriamburri

I want to stay forever in Mauritius but its difficult about work.. iam from Switzerland and just learn to be a secretary in office an secretary of lawyer. I now just want to make some airbnb for tourist, but i dont know how much its cost to build ...

the_expert

Hello. Non-citizen are not allowed to acquire immovable property anywhere in Mauritius save under some specific schemes like smart city, pds, etc etc. Once you acquire the property under those scheme, then you will receive a residence permit Read More

the_expert replied to a thread
4 months ago
Ceresiet

Mauritius Budget 2025-2026 by Ceresiet

The below summary was released today by Park Lane Properties. The new budget makes several changes to Taxes, Residency by non-Citizens, Retired non-Citizens, Premier Visa, Smart Coty Scheme and Ground + 2 scheme, Acquisition of Property by ...

the_expert

Hi all,This was just a speech. Advice can be given once the law is enacted and there is clarity on its wording and how the relevant authorities interpret it. Read More

the_expert replied to a thread
5 months ago
DonDanA

House Insurance by DonDanA

Hi our home is nearly completed in Albion! We now have to apply for an “Occupancy Certificate” from the district council. One of the documents needed is a home insurance. Can anyone recommend a company that does home insurance? Many ...

the_expert

Hi DonDana,Every insurer does home insurance but you can get a comprehensive one from swan or eagle if you go through city brokers. Read More