Download FMC Properties APK latest version Free for Android
| Version | 1.1.1 |
| Update | 2 years ago |
| Size | 6.69 MB (7,012,608 bytes) |
| Developer | urs host |
| Category | Apps, House & Home |
| Package Name | mu.fmcproperties |
| OS | 4.1 and up |
FMC Properties APPLICATION description
FMC PROPERTIES REAL ESTATE AGENCY
FMC Properties comprises of young and dynamic professionals with a strong experience in the Mauritian Real Estate market. Our agents are always available and keen to help you reach your property investment goal and acquisition target. We are always ready to assist and attend to your needs. See complete offering and different Property Development Schemes (PDS) currently available on the Mauritian market.
The Advantages of PDS and investing in Mauritius
There are many great reasons to invest in Mauritius under the Property Development Scheme. If your property has a value of USD 500,000 or more, you are automatically eligible for a Residence Permit, as are your spouse, and children under 24 years of age. As a resident you are free to come and go as you please (although, to be considered a ‘tax resident’ for tax purposes, you need to be in Mauritius for a minimum of 183 days per calendar year). You also have the option of letting your property using a number of reputable real estate agents, who will find tenants and manage the rental of your property while you are away, whether for the whole year, or part thereof. You will benefit from the favorable 15% flat rate of tax rate for both companies and individuals, as well as a registration fee of just 5% on real estate transactions. There is no tax on capital gains if the property is sold, no withholding taxes on interest and dividends, exemption from customs duties on equipment and free repatriation of profits, dividends and capital. For French buyers, their investment is not included in the wealth tax calculation (ISF) and there is no general social contribution (CSG), property or housing tax. Due to the double taxation treaty agreement with France, should income be generated from property rental, this will be taxed in Mauritius at just 15%.
The Advantages of PDS and investing in Mauritius
There are many great reasons to invest in Mauritius under the Property Development Scheme. If your property has a value of USD 500,000 or more, you are automatically eligible for a Residence Permit, as are your spouse, and children under 24 years of age. As a resident you are free to come and go as you please (although, to be considered a ‘tax resident’ for tax purposes, you need to be in Mauritius for a minimum of 183 days per calendar year). You also have the option of letting your property using a number of reputable real estate agents, who will find tenants and manage the rental of your property while you are away, whether for the whole year, or part thereof. You will benefit from the favorable 15% flat rate of tax rate for both companies and individuals, as well as a registration fee of just 5% on real estate transactions. There is no tax on capital gains if the property is sold, no withholding taxes on interest and dividends, exemption from customs duties on equipment and free repatriation of profits, dividends and capital. For French buyers, their investment is not included in the wealth tax calculation (ISF) and there is no general social contribution (CSG), property or housing tax. Due to the double taxation treaty agreement with France, should income be generated from property rental, this will be taxed in Mauritius at just 15%.
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