Real Estate Scheme
The Government of Mauritius introduced the "Real Estate Scheme" (RES) at the end of 2007 in order to promote and encourage foreigners to purchase freehold property in Mauritius. The scheme is designed to facilitate investment whilst at the same time not being detrimental to the existing local property market. This scheme also has particular benefits of lower entry price point and better tax advantages than the earlier schemes (IRS) introduced by the Government. The scheme also opens the route to residency in Mauritius, subject to application through a number of simple prescribed routes.
Any non-citizen, foreign controlled company or trust wishing to buy property in Mauritius under this scheme only has to go through a simple application process to the Board of Investment. Our multi-lingual team is here to help you with these few simple steps.
It is indeed refreshing that the Government makes the process to owning a property in Mauritius such a welcoming experience with a minimum of bureaucracy.
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