Invest in Mauritius
Acquisition of Property
The scheme allows the development of a mix of residences for sale to non-citizens, citizens, and members of the Mauritian Diaspora.
Terms and Conditions
The development of luxurious residential units, on freehold land of an extent of at least 0.4220 hectare (1 arpent) but not exceeding 21.105 hectares (50 arpents).
The development of at least six (6) residential properties of high standing.
These treaties often provide favorable tax treatment for investments routed through Mauritius, allowing investors to mitigate tax liabilities.
Eligibility Criteria
Mauritius is known for its ease of doing business. The government has taken steps to streamline bureaucratic processes, reduce red tape, and improve the overall business environment, making it attractive for investors.
The following persons may acquire a residential property from a PDS Company:
A natural person, whether a citizen of Mauritius, a non-citizen, or a member of the Mauritian Diaspora.
A company incorporated or registered under the Companies Act.
Acquiring property in Mauritius
Non-Citizens: Non-citizens of Mauritius, including foreigners, are subject to specific regulations when acquiring property in the country.
The Non-Citizens (Property Restriction) Act governs land ownership by non-citizens and imposes restrictions on the type and location of property they can acquire.
a. Integrated Resort Scheme (IRS): The IRS allows non-citizens to purchase luxury villas or apartments in pre-defined developments known as Integrated Resort Schemes.
These developments typically include amenities such as golf courses, marinas, and other leisure facilities.
b. Real Estate Scheme (RES): Similar to the IRS, the RES enables non-citizens to purchase residential units in specific developments approved by the government.
These developments are generally smaller-scale than IRS projects and focus on residential properties.
c. Invest Hotel Scheme (IHS): The IHS allows non-citizens to invest in hotel projects and acquire a room or suite in a hotel development.
Investors can benefit from rental income generated by their hotel room or suite.
d. Agricultural Land: Non-citizens are generally not allowed to acquire agricultural land in Mauritius unless they obtain approval from the Prime Minister's Office.
e. Residential Property: Non-citizens may also be allowed to acquire residential properties in specific designated areas, subject to certain conditions and restrictions.
Currency Stability:
Mauritius maintains a stable currency, the Mauritian Rupee (MUR), which is pegged to a basket of foreign currencies. Currency stability reduces the risk of exchange rate fluctuations for investors.
Political Stability
The country has a long history of political stability, which is crucial for maintaining investor confidence. Political stability reduces the risk associated with investments and provides a conducive environment for businesses to thrive.
Mauritius has a stable legal and regulatory framework, which provides confidence to investors. The country has well-established institutions and a robust legal system based on English common law.
Have any questions?
If you have any questions about the therapies, feel free to contact us.
Our office
5A Wellington Street
Rose Hill, Mauritius