Can I get a mortgage in Mauritius as a foreigner?
Direct Answer
Yes — foreign buyers can access mortgages from Mauritius banks, but lending is more conservative than in the UK or South Africa.
Mortgages for foreigners in Mauritius
Yes, foreign nationals can obtain mortgage financing. Main lenders: MCB, SBM, HSBC Mauritius, and Absa Mauritius.
Typical terms
- •**Loan-to-value:** 60–70% for non-residents; up to 80% for permit holders
- •**Currency:** MUR or USD loans available
- •**Term:** Up to 20–25 years
- •**Rate:** Variable, ~Bank of Mauritius base rate (4.5%) plus margin
Documents required
- •Passport and permit documentation
- •3–6 months bank statements
- •Proof of income (payslips or audited accounts)
- •Signed purchase agreement and property valuation
Alternative
Some PDS developers offer staged payment plans (30% on signing, 40% on milestones, 30% on completion) which can reduce the mortgage needed.
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