PDS Property (2015)

8/09/15

The Property Development Scheme (PDS) has replaced since August 2015 the IRS and RES schemes. The programme is designed to facilitate the acquisition of residential property by non-citizens in Mauritius. The PDS is basically an integrated project with social dimensions for the benefit of the neighbouring community and allows for the development and sale of high standing residential units mainly to foreigners. At least 25% of the residential properties developed under PDS must be sold to (...)

Apartments

21/01/13

Buy an apartment in a Ground + 2 complex
UPDATE 20 DECEMBER 2016 The Non-Citizens (Property Restriction) Act has been amended on 20 December 2016 to allow foreigners to purchase apartments in condominium developments of at least two levels above ground (G+2) with the prior approval of the Board of Investment. The amount payable for the acquisition of an apartment must not be less than Rs 6 million or its equivalent in any other freely convertible foreign currency. Any non-citizen, with or (...)

RES property

21/01/13

buy a RES property
Real Estate Scheme (RES) properties are usually smaller residential developments (they can only be built on land areas ranging between 4,220 and 100,000 m2), which can be sold at no minimum price. The acquisition of a RES property will not entitle you to a residence permit, unless you purchase a RES property worth at least US$ 500,000. You will find a variety of property types within this scheme (individual villas, duplexes, apartments…) in various regions (coastal (...)

IRS property

21/01/13

buy an IRS property
Integrated Resort Scheme (IRS) properties can be found within large resorts (golf estate, marina,…) mostly on coastal regions (North, West , South and East coasts) and offer a variety of luxury and high-end freehold property types : apartments, duplexes or individual villas, sold at not less than US$ 500,000 by law. They offer luxury facilities to the residents. These may include a golf course, a marina, nautical and other sport facilities, shops, restaurants, wellness (...)

An international affiliate member of:

  • http://www.leadingre.com/
  • Luxury Portfolio/