Buying property in Mauritius

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. 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. Non-nationals holding a permanent residence permit are allowed to buy property freely over the whole island. 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: hpd@investmauritius.com