Real estate investment

Real estate investment is one of the secured investments to build a lasting legacy and protect its financial security. To promote foreign investment in Mauritian real estate, the Mauritian government has implemented the PDS (Property Development Scheme), RES (Real Estate Scheme) and IRS (Integrated Resort Scheme) systems.

RES, IRS and PDS real estate projects are intended to foreign nationals and Mauritian citizens wishing to acquire various types of residential property such as buying: a house for retirement; a secondary residence; a villa; or an apartment, under favorable conditions to real estate investment and allowing them under certain circumstances to obtain the residence permit.

In Mauritius, the real estate sector open to foreign investment remains one of the most reliable and profitable in obtaining a permanent residence in Mauritius. The acquisition of a villa, apartment or penthouse in Mauritius worth more than 500 000 US Dollars under the RES or IRS scheme gives these owners access in full ownership and ensures in the procurement of a permanent residence for the purchaser and his family.

For those who wish to benefit from the status of tax resident and enjoy all the privileges of Mauritian taxation, it is compulsory to live in Mauritius 183 days a year (6 months + 1 day).

According to the tax convention, property in Mauritius is exempted from the property computation of a French tax resident and does not need to be declared under the ISF.

In Mauritius, the purchasing process of a new accommodation complies with the purchase of a property in VEFA in France.