Mauritius residency-by-investment

The popular Mauritius Residency-by-Investment programme offers permanent residency for the whole family with property purchases of USD 375k or more.

Benefits

• A simple, efficient and uncomplicated process to indefinite permanent residency
• The process can be completed in as little as six to eight months
• The programme can cover investors, their spouses, children under the age of 24 years as well as parents and/or parents-in-law
• No physical presence requirement
• No annual minimum stay requirement to maintain residency status

Qualifying criteria

There are currently four different qualifying real estate investment schemes available to investors:

• Minimum property investment of USD 375,000 in a project within the Integrated Resort Scheme (IRS) – existing IRS projects usually compromise of a variety of luxury residential properties, such as villas, townhouses, penthouses, apartments, duplexes and serviced plots of land, which are attached to a leisure and/or commercial space such as a golf course, a marina a restaurant, or a boathouse.
• Minimum property investment of USD 375,000 in a project within the Real Estate Scheme (RES) – RES projects are typically smaller than IRS projects and must be on a freehold land (less than 10 hectares) and usually also compromise of luxury residential properties such as villas, penthouses, duplexes and apartments.
• Minimum property investment of USD 375,000 in a project within the Real Development Scheme (PDS) – the PDS is more flexible than both the IRS and the RES in terms of size and type of property. It was designed to bring greater social and economic benefits to localised communities. Projects and properties within the PDS are subject to strict environmental and ecological impact regulations.
• Minimum property investment of USD 375,000 in a project within the Smart City Scheme (SCS) – SCS projects comprise residential units such as villas, penthouses, duplexes, and apartments within any of the Smart Cities. The Smart City concept was designed to promote a balance of work, life and play. Smart Cities consist of large-scale mixed-use developments in cosmopolitan urban areas with smart technology, state of the art connectivity, smart modern transportation options and pioneering innovation at their core. Residential estates offer substantial and environmentally friendly living.

There are no restrictions as to property usage, so it is possible to enjoy leisure use of the property, opt for short-term rentals or put a long-term tenant in place. It is important to note that when you sell the property, you will lose your residency status.

We are standing by to assist you with all aspects of your property purchase from finding the best real estate investment possible to compliment your portfolio, applying for residency, understanding tax implications, externalising funds as well as your generational wealth strategy.