What is an RES?

RES Concept : "Real Estate Scheme" said RES is the second regime under which a foreign national can invest. The statutory frame of RES is inspired by that of the IRS. He aims however at more reduced surfaces of development, 1 acre at least and not exceeding 10 hectares. Indication of prices for RES : A place of residence under the said regime RES is subject to no minimal price but does not confer the right to live in Mauritius. Residence Permit :The persons purchasing a place of residence RES can, if they wish it, make a demand of license of place of residence in conformance with the other capacities foreseen for that purpose, that is as investor, as professional employed Or established in his own account or still as pensioner wishing to live in Mauritius.