To invest in real estate in Mauritius is to invest in a stable country offering interesting tax and valuation opportunities in a very dynamic economy, close to France, in an idyllic environment ! To this day, foreigners can freely acquire:
Reminder: The residence permit is available for an investment of more than 500 000 USD.
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The Property Development Scheme (PDS) now unifies all previous legal regimes, which remain for ongoing programs. The PDS makes it possible to develop projects on smaller surfaces, it is more precise and more favourable still to foreigners and allows a better combination of real estate development with the responsibility of real estate developers in social matters and the environmental integration of more ecological projects.
These two legal regimes governed the terms and conditions of real estate acquisition by foreigners for many years. The Real Estate Scheme (RES) relaxed the conditions of the previous Integrated Resort Scheme (IRS). They have been very successful and are at the origin of the strong development of luxury residential real estate in Mauritius accompanied by the associated economic development.
The possibility for foreign nationals resident or not in Mauritius to acquire one or more apartments in a ground floor+2 building results from a legal amendment recently voted in December 2016.
As an extension of commercial and professional real estate, the adoption of this amendment is part of the gradual opening of Mauritius to foreign investment, both recreational and rental.
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