How wealth tax works in Mauritius
Mauritius does not impose a general annual net wealth, net worth or broad asset tax on individuals. Owning cash, securities, company shares, crypto assets or foreign investments is not itself an annual Mauritian wealth-tax event.
Asset income can still be taxable. Interest, rent, dividends received under the relevant rules, business income and gains treated as ordinary income can enter the income-tax base, especially for a resident individual or resident company.
Property has specific exceptions. Campement site tax ranges from MUR 2 to MUR 6 per square metre in specified zones, and campement tax is 0.5% of open-market value after deducting campement site tax, subject to a sole-residence exemption for qualifying property below MUR 5 million.
The absence of wealth tax also does not remove transaction costs. Registration duty, land-transfer tax, taxes on state-land leasehold rights, VAT and company-share transfer rules can apply when property or property-owning structures change hands.
Mauritius has no broad local income tax imposed by urban or district councils, but owners and businesses should still check the exact property category, local charges and any non-tax regulatory fees.
Tax rates at a glance
- Net wealth tax
- 0%No general levy
- Net worth tax
- 0%
- Annual asset tax
- 0% in general
- Campement site tax
- MUR 2-6 per m²
- Campement tax
- 0.5% in defined cases
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
InvestorsFamily officesExpatsFoundersHigh earners
Watch out for
- No wealth tax is not the same as no tax on wealth. Income from assets, property transactions, campement taxes and tax in another country can all create a liability.
- Property-owning companies do not automatically avoid property duties. Share transfers can be caught when a company holds immovable property or the transaction changes control.
- A Mauritian address or bank account does not by itself change residence, source or beneficial-ownership analysis. Keep the ownership and tax-residence records consistent.
Frequently asked questions
Does Mauritius have a wealth tax?
No. Mauritius does not levy a general annual net wealth or net worth tax on individuals. Specific property taxes and duties can still apply to campements, transfers and other defined assets.
Are foreign assets taxed in Mauritius?
Not simply because they are owned. Income produced by those assets can be taxable under the resident foreign-income and remittance rules, and the country where the assets or owner are located may impose its own tax.
Is there an annual property tax in Mauritius?
There is no broad annual property tax on all homes, but campement site tax and campement tax apply in defined cases. Property transfers can also trigger registration duty and land-transfer tax.