With its rich history and mix of various cultural traditions, Mauritius offers a privileged country in which to live and/or holiday.
In pursuing a high-income economy, Mauritius has actively encouraged foreign talents, knowledge and investments, translating into numerous compelling reasons to consider Mauritius as a business or leisure location.
Non-Mauritian nationals wishing to live, work or retire to Mauritius may explore various avenues via the occupation permit, residence permit or permanent residence permit. They can also acquire eligibility via acquiring property in Mauritius under prescribed conditions.
The local currency is the Mauritian rupee and with historically safe capital returns on investments, the country’s numerous property opportunities are highly regarded by investors. The government recently introduced the Property Development Scheme (PDS) that ensures foreigners have the ability to acquire Mauritian permanent residency by investing in property developments.
The PDS presents an offshore property investment opportunity for sound value in growth that is further complemented by favourable taxation benefits; the country’s emergence as a global business hub and its appeal as one of the world’s finest leisure destinations.
The PDS allows for developing a mix of residences with the programme designed to facilitate non-citizens acquire residential property in Mauritius. It is an integrated project with social dimensions benefiting the neighbouring community and allowing for the development and sale of high-standing residential units mainly to foreigners.
The PDS allows for the development of luxurious residential units on freehold land between 0.422 hectares and 21.105 hectares; high quality public spaces promoting social interaction and a sense of community; high class leisure and commercial amenities and facilities to enhance the residential units; day-to-day management services to residents including security, maintenance, gardening, solid waste disposal and household services as well as social contribution via social amenities, community development and other facilities.
