There are several programs approved and managed by the Economic Development Board (EDB) in Mauritius which allow non-Mauritian citizens to acquire property:

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Integrated Resort Scheme (IRS), Real Estate Scheme (RES) and Property Development Schemes (PDS)

The IRS and the RES, now replaced by the PDS, are real estate operations comprising high-end residences often including facilities such as a gym, a communal swimming pool, offices, spas and/or restaurants and bars. The most prestigious programs mainly include the championship golf course and access to the sea. A Mauritian residence permit is applicable when purchasing a property from one of these programs if the purchase price is a minimum of USD 375,000 or its equivalent in any freely convertible foreign currency. Owners can rent the property, become tax residents in Mauritius and are not subject to any restrictions on the repatriation of funds or income generated from the sale. or rental of the property.

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Smart program City

Built around the concept of work, life and leisure and focusing on the development of self-sufficient cities, the Smart City program enables non-citizens to acquire residential properties, including villas, townhouses, apartments and duplexes.

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Ground+2 Apartments 

Apartments in buildings with two levels above ground (R+2) are also accessible to expatriates with the prior agreement of the EDB. The purchase price must exceed MUR 6 million or its equivalent in any other convertible foreign currency.

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Residency permit

If the price of an apartment is over US$375,000 or its equivalent in any ofaims convertible, a residence permit is applicable.

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Tax benefits include:

Corporation tax: 15% Income tax

(personal tax): 15%

No withholding tax on dividends (*conditions apply)

Free repatriation of profits, dividends and capital

Land transfer tax: 5%

No capital gains tax on the resale of a property

No property tax No inheritance tax on property

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