Published on and written by Cyril Jarnias
Choosing Tropical Retirement in Seychelles
Choosing tropical retirement is a dream come true for many senior expatriates, and Seychelles ranks among the most sought-after destinations for this purpose. This small island paradise offers not only pristine beaches but also an exceptional living environment for those looking to invest wisely.
In this article, we explore the most promising investment opportunities in this idyllic archipelago, highlighting key sectors and accommodation options that guarantee a serene and inspiring retirement.
Whether you’re drawn to real estate in Mahé, eco-investments in Praslin, or micro-enterprises in La Digue, Seychelles presents unparalleled potential to transform your golden years into a continuous escape in the heart of the Indian Ocean.
Seychelles: A Paradise for European Retirees
Seychelles increasingly attracts European retirees through a unique combination of natural, economic, and practical advantages.
Pleasant Tropical Climate
- Average temperatures between 24°C and 32°C year-round.
- Low risk of major cyclones.
- Preserved natural environment: paradise beaches, turquoise lagoons, lush forests.
High Quality of Life
- Welcoming population, multicultural and peaceful society.
- Low crime rate compared to other island destinations.
- Relaxed lifestyle conducive to well-being.
Political Stability
Politically stable country for several decades.
Modern and secure banking system; protection of foreign investments.
Advantageous Tax System for Foreign Retirees
- Progressive tax rate on local income: 0% to 15%.
- Complete exemption on income generated abroad (including pensions received outside the country).
- Simplified procedures for business creation or wealth management through International Business Companies (IBC).
Real Estate Investment Opportunities
Seychelles offers an attractive real estate market for foreign investors:
| Property Type | Characteristics | Indicative Price |
|---|---|---|
| Seaside Villa | Panoramic view, direct beach access | From ~€500,000 |
| Residential Apartment | Secure residences with services | ~€250,000–700,000 |
| Private Complex Property | Enhanced security, private clubs | >€800,000 |
Key strengths:
- Possible investments in waterfront properties or high-end residential complexes.
- Tax incentives for certain real estate projects related to tourism or senior residences.
Vibrant Local Culture
Creole-European-African-Indian fusion: rich gastronomy, colorful local festivals.
Official languages: French, English, and Seychellois Creole facilitating European integration.
Senior-Friendly Medical Infrastructure
- Modern private clinics accessible mainly on Mahé
- Good general level of routine care
- Possible medical evacuations to Dubai or Réunion for complex conditions
Retiree-Friendly Transportation Facilities
- International airport served by direct flights to Europe/Africa/Asia
- Regular ferries between main islands (Mahé – Praslin – La Digue)
- Adequate road network on inhabited islands
Daily Cost Comparison with Other Popular Destinations
| Item | Seychelles | Portugal | Mauritius |
|---|---|---|---|
| 2-Bedroom Apartment Rent Downtown/Month | ~€1,200 | ~€900 | ~€850 |
| Average Restaurant Meal | ~€25 | ~€15 | ~€12 |
| Private Doctor Consultation | ~€60–80 | ~€40–50 | ~€35–50 |
Costs are generally higher than in Portugal or Mauritius but remain offset by favorable taxation and exceptional environmental quality.
In Summary
Seychelles combines ideal year-round climate, recognized political stability, gentle tax regime for expatriates/foreign retirees, and multiple real estate opportunities directly bordering the Indian Ocean paradise – all enhanced by a warm cosmopolitan culture suited to modern European expectations.
Good to Know:
Seychelles is an ideal destination for European retirees thanks to its pleasant, sunny tropical climate year-round. The country offers exceptional quality of life, supported by reassuring political stability and a tax system that exempts foreign retirees from income tax. Real estate investment opportunities are numerous, with seaside properties and secure residential complexes. The local culture, welcoming and rich in traditions, adds to the charm of living here. Healthcare infrastructure is well-developed, and transportation facilities facilitate mobility. Compared to other popular retirement destinations, the cost of living in Seychelles remains competitive, particularly regarding food, leisure activities, and medical services.
Best Seychelles Cities for Seniors
Important quality of life criteria for seniors in Seychelles:
- Accessibility of healthcare services
- Safety and social stability
- Controlled cost of living
- Age-appropriate activities and leisure
- Access to suitable housing or real estate investment
Infrastructure and specific services for retirees in Seychelles cities:
| City | Medical Services | Transportation | Housing / Senior Residences | Leisure & Social Life |
|---|---|---|---|---|
| Victoria | Main hospital, medical centers, free care for citizens | Free public transport for retirees | Public residences, housing assistance | Senior clubs, public gardens |
| Anse Royale | Local health centers | Regular buses | Beach proximity/adapted housing | Gentle water activities |
| Beau Vallon | Quick access to main medical facilities | Active bus lines | Tourist real estate offerings (possible investment) | Local market, walks |
Available social assistance and state programs:
- Lifetime pension guaranteed from age 60.
- Pension fund secured by regular actuarial reviews.
- Free hospital care and medication for all citizens.
- Public home care service (nurse carers), state-funded.
- Nine residences dedicated to vulnerable or isolated elderly persons.
Real estate investment opportunities:
Coastal regions like Beau Vallon or Anse Royale offer highly sought-after residences with sea views. Foreigners can invest under certain conditions in specific real estate programs; this attracts senior clients looking to combine seasonal rental profitability with year-round peaceful surroundings.
“We chose Victoria for its safety, proximity to French-speaking doctors, year-round temperate climate, and easy access to daily services,” testify Jacques & Mireille R., retirees settled since 2022.
“In Beau Vallon we enjoy the local market every morning before a walk on the beach. The monthly cost remains reasonable thanks to our permanent resident status,” explains Monique T., Franco-Mauritian retiree.
Recent senior quality of life rankings (examples based on local evaluations):
| City | Health/Accessibility | Safety | Overall Cost | Leisure/Social Integration |
|---|---|---|---|---|
| Victoria | ★★★★☆ | ★★★★★ | ★★★☆☆ | ★★★★☆ |
| Beau Vallon | ★★★★☆ | ★★★★☆ | ★★★☆☆ | ★★★★☆ |
| Anse Royale | ★★★★☆ | ★★★★★ | ★★★★☆ | ★★★☆☆ |
The entire territory offers a healthy, stable, and secure environment conducive to senior well-being while maintaining a high level of integration through local associations. Public policies supporting aging in place also strongly contribute to this perceived quality.
Good to Know:
In Seychelles, Mahé is often favored by seniors for its proximity to excellent healthcare facilities and enhanced security, offering reassuring quality of life. Its modern infrastructure includes adapted housing and leisure activities such as golf and hiking. Victoria, although more expensive, attracts retirees through its cosmopolitan atmosphere and numerous cultural opportunities. On Praslin Island, the quieter setting and slightly lower living costs appeal to those seeking peaceful retirement, while La Digue Island is praised for its serene island lifestyle, although healthcare services are more limited. Real estate investment opportunities, particularly in Praslin, are numerous with expanding senior residential projects. Expatriates highlight in their testimonials the warm welcome from locals and facilitated integration thanks to the English language. A recent survey ranked Praslin as an attractive destination for retirees, with positive evaluations for its natural environment and developing infrastructure.
Investing in Seychelles Real Estate for Retirement
Seychelles attracts retirement real estate investors through a set of unique advantages:
- Pleasant tropical climate year-round
- Political stability and constantly growing economy
- Exceptional quality of life in preserved natural environment (beaches, lagoons, biodiversity)
- Modern infrastructure (healthcare, education, transportation)
- Dynamic tourism market ensuring strong rental demand
Available Real Estate Types:
- Seaside apartments with direct beach access
- Luxury villas with private pool and panoramic ocean view
- Renovated traditional Creole houses
- Buildable land in sought-after areas
| Property Type | Average Price (USD) | Potential Rental Yield |
|---|---|---|
| Seaside Apartment | 350,000 – 600,000 | 6–8% |
| High-End Villa | 700,000 – +2 million | Up to 8% |
Popular Investment Locations:
- Mahé: Economic and administrative center, renowned beaches like Beau Vallon.
- Praslin: More peaceful setting, close to major tourist attractions.
- La Digue: Authentic island highly prized for its exclusive ambiance.
Legal and Financial Aspects for Foreigners:
- Acquisition possible through “Property Holding Scheme” or prior government approval.
- Stamp duty: approximately 5% of purchase price.
- Additional tax (“sanction tax”): approximately 1.5%.
- Land registration fees: ~1%.
- Rental income taxed at only 15%.
- No wealth tax, no real estate capital gains tax; no inheritance duties.
Eligibility:
- Foreigners can acquire properties under specific conditions (government-approved project).
- Tax residency accessible after significant real estate investment.
Tax Benefits for Expatriate Retirees:
Complete absence of property or housing tax; exemption on capital gains upon resale; no local taxation on worldwide income nor inheritance tax if Seychelles tax resident; tax treaties often allowing avoidance of double taxation.
Services Facilitating New Resident Integration:
- Specialized international real estate agencies French/English speaking
- Banking services adapted to non-residents
- Local administrative and legal assistance (specialized notaries)
- Active French-speaking/expatriate community networks
Current Seychelles Real Estate Market Trends:
The market is driven by growing land scarcity supporting continuous price appreciation in sought-after coastal areas. Supply is turning toward high-end to attract wealthy international clients seeking asset security and exceptional environmental quality.
Seychelles thus offers a privileged tax framework, reassuring stability, and unparalleled lifestyle — all arguments placing this archipelago among leading destinations for peacefully investing your retirement in the sun.
Good to Know:
Investing in Seychelles real estate for retirement is attractive due to its tropical climate, political stability, and exceptional quality of life. Retirees can choose between seaside apartments or luxury villas, with average prices ranging from €350,000 to €1.5 million, depending on location and property size. Expatriates must consider local regulations, such as purchase restrictions for non-residents and real estate transaction taxes, often around 6%. Tax benefits are sometimes available, including exemptions on income and wealth taxes. To facilitate their settlement, expatriates benefit from integration and property ownership support services. Mahé, Praslin, and La Digue are among popular investment destinations, benefiting from stable market trends and growing demand for sea-view residences.
Enjoying Affordable Living Costs in Seychelles
The cost of living in Seychelles attracts some senior expatriates seeking quality of life, although prices are generally higher than elsewhere. The Creole ambiance, tropical climate, and local friendliness often compensate for a monthly budget higher than other destinations.
Average Monthly Budget for Comfortable Living (2025):
| Expense | Estimated Cost (€) | Detail |
|---|---|---|
| Housing | 800 – 1,300 | 2-3 room apartment |
| Food | 500 – 700 | For two people |
| Healthcare & Insurance | 200 – 300 | Routine care; possible evacuation |
| Transportation | 200 – 300 | Local buses, vehicle rental or purchase |
| Leisure & Outings | 300 – 400 | Restaurants, activities |
Recommended total: approximately €2,700 per month for comfortable lifestyle.
Comparison with Other Popular Retirement Destinations:
| Destination | Average Monthly Budget (€) |
|---|---|
| Seychelles | ≈2,700 |
| Portugal | ≈1,500–2,000 |
| Thailand | ≈1,200–1,600 |
Rents in Seychelles are on average 11.7% cheaper than in France, but the rest of the cost of living is approximately 13.5% higher. In Lisbon or Chiang Mai for example, it’s possible to obtain similar services with a budget at least 30% lower.
Healthcare Services and Senior Options:
- The public system offers basic free coverage.
- Specialized care may require travel abroad.
- Recommended to subscribe to adapted international health insurance.
- For minor or stable chronic conditions, local services are deemed satisfactory by several retirees settled on Mahé.
Food and Transportation:
- Imported food is expensive; prioritizing local fresh products allows savings.
- Public transportation is affordable (buses), but some prefer renting or buying a small electric car for more freedom.
Tax Exemptions & Financial Advantages:
- No specific automatic tax exemption for foreign seniors exists; however,
- No wealth tax nor inheritance tax
- Non-resident retirees can optimize their taxation according to bilateral agreements
Practical advice: Several expatriates recommend the “retired person” resident status which facilitates opening bank accounts in strong currencies as well as certain local administrative procedures.
“The peaceful pace of the islands allowed me to slow down after my stressful career. I spend more than in Portugal where I lived before… but here I enjoy the lagoon from my balcony every day” (Jean-Pierre R., French retiree in Praslin)
“Useful tip: shopping at the local market at opening not only allows substantial savings but also friendly encounters with Seychellois” (Marie-Anne P., former nurse settled in Mahé)
Practical Tips for Comfortable Living on a Fixed Budget:
- Prioritize housing outside ultra-touristic zones
- Favor home cooking and fresh market products
- Use public transportation
- Anticipate possible medical expenses through robust insurance
The Seychelles experience especially appeals to those who prioritize exceptional natural setting, year-round temperate climate, and relaxed multicultural ambiance — despite overall costs higher than other renowned tropical paradises.
Good to Know:
Seychelles stands out for its moderate cost of living that appeals to senior expatriates, with apartment rents in affordable suburbs around $700 per month, well below those in the Caribbean or Southern Europe. Public healthcare services are free for residents, significantly reducing medical expenses compared to the United States or Australia. Local markets offer fresh and affordable products, constituting an economical alternative to supermarkets. Public transportation is efficient and inexpensive, avoiding the need for a personal vehicle. Furthermore, retirees can benefit from advantageous tax exemptions, typically allowing tax-free pension transfers, helping to live comfortably on a fixed budget. For example, one retiree reports that their monthly budget of approximately $1500 includes all basic expenses. To optimize your budget, it’s advised to participate in the local community to access reduced-price services, while enjoying a peaceful and exotic living environment.
Disclaimer: The information provided on this website is for informational purposes only and does not constitute financial, legal, or professional advice. We encourage you to consult qualified experts before making any investment, real estate, or expatriation decisions. Although we strive to maintain up-to-date and accurate information, we do not guarantee the completeness, accuracy, or timeliness of the proposed content. As investment and expatriation involve risks, we disclaim any liability for potential losses or damages arising from the use of this site. Your use of this site confirms your acceptance of these terms and your understanding of the associated risks.
Cyril Jarnias is an independent expert in international wealth management with over 20 years of experience. As an expatriate himself, he is dedicated to helping individuals and business leaders build, protect, and pass on their wealth with complete peace of mind.
On his website, cyriljarnias.com, he shares his expertise on international real estate, offshore company formation, and expatriation.
Thanks to his expertise, he offers sound advice to optimize his clients' wealth management. Cyril Jarnias is also recognized for his appearances in many prestigious media outlets such as BFM Business, les Français de l’étranger, Le Figaro, Les Echos, and Mieux vivre votre argent, where he shares his knowledge and know-how in wealth management.
