Can I buy property in Mauritius
Category Frequently Asked Questions
The Economic Development Board - Mauritius (EDB) has implemented a number of incentives for noncitizens and people from outside of Mauritius to invest in real estate on the island. The original Integrated Resort Scheme (IRS) and the Real Estate Scheme have been replaced by the current Property Development Scheme (PDS) (RES).
A Foreigner will be entitled to a Permanent Residence Permit should they purchase a property in any one of these Schemes for at least $375,000.
In addition to this, a Foreigner may, with government approval, purchase apartments in condominium buildings with at least two stories above ground (G+2) under the Non-Citizens (Property Restriction) Act. The minimum investment for a luxury apartment in Mauritius is MUR6 million, or its equivalent in any other currency that is freely convertible.
Author: Morne Vorster
