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Buying property in Mauritius
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Non-nationals are allowed to acquire residential property in Mauritius under
special schemes known as the Integrated Resort Scheme (IRS) and the Real Estate
Scheme (RES) respectively. Properties under the IRS are offered for sale at a
minimum legal price of US $ 500,000 and the acquirer of an IRS property is
automatically granted a residence permit.
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Comparatively, a residential property bought within a RES development does not
have to comply with a minimum price. However, acquiring a property under the
RES does not confer permanent residency. Acquirers of a residence under the RES
may wish to apply for residency under any of the 4 existing conditions: as an
investor, as a professional, as a self-employed, or as a retired non-citizen.
More information on buying property in Mauritius as a non-national can be
obtained from the Hospitality & Property Development Cluster of the Board
of Investment at: hp@investmauritius.com
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