I'm moving to Mauritius next month (mid-June) and wish to take my car over from the UK. I have never been to Mauritius before, but I am in the process of applying for my Mauritius passport as I am Mauritian by descent (mother).
I have read on this MRA webpage that returning citizens only have to pay 15% excise duty and 15% VAT on importing a car regardless of age or size (30% total tax).
However, I've also read on another forum (info-mauritius.com/forum/mauritius-forum-english/car-import-t8924.html) that the value is calculated using the formula:
Retail Market Price * 0.75 reduced by 9% for the first month of use and 1% for each subsequent month up to a maximum of 56%
My car is Porsche Cayman S and the Parkers Guide retail value is £44,328. This means it would be valued at 44% of this which is £19,504. 30% of this is £5851. Does that really mean I would have to pay £5851 in tax just to import my car into Mauritius?? This seems extortionate. Or have I got my information wrong (I hope)?
I've heard that I can pay even less if I have owned the car for more than three years, but I can't find any information on this.
Any advice would be greatly appreciated.