What Property can I buy as a Foreigner in Mauritius
Villas for Sale in Mauritius: Everything You Should Know Before Buying Property
If you're considering investing in property in Mauritius, the Property Development Scheme (PDS) offers an attractive route. This initiative, which has evolved from the earlier IRS and RES schemes, provides an inclusive environment for both local and international buyers, including members of the Mauritian diaspora. Under the PDS, developers are encouraged to create high-end residential properties that cater to a luxurious lifestyle, featuring amenities like golf courses, spas, and exclusive beach access, fostering a sense of community and social interaction.
What Can You Buy? Exploring Property Types and Eligibility
As a foreigner, you have the opportunity to purchase various types of residences under the PDS, including villas, apartments, penthouses, and duplexes. These properties come without a minimum price restriction, making them accessible to a broader audience. To be eligible for purchase under the PDS, you could be an individual, a company registered under the Companies Act, a society, a limited partnership, or a trust, all adhering to local regulatory frameworks.
Benefits of Investing in a PDS Property
Investing more than USD 375,000 in a PDS property not only secures you a luxurious home but also grants you a residence permit, allowing you and your family (spouse and children under 24) to enjoy living in Mauritius. This residency extends as long as you hold the property, with added benefits like an exemption from obtaining an occupational or work permit for investment and work purposes in Mauritius.
How Property Finder Mauritius Can Assist You
At Property Finder Mauritius, we pride ourselves on offering personalised, high-quality real estate services. Whether you're looking for villas for sale in Mauritius or need guidance on navigating the PDS, our expert team is here to assist you every step of the way. Explore our listings and detailed information at propertyfinder.mu. Contact: karen
Proudly Promoting Mauritius:
PROPERTY FINDER LTD
Unit 8, London Way, Shopping Centre, Black River
+230 460 4170
Proudly Promoting Mauritius:
We are delighted to work together to promote Mauritius's beauty and opportunities.
Our websites, Mauritius Life, Veri Global, and Property Finder, are committed to providing valuable information, resources, and services related to Mauritius, its culture, economy, real estate, and more.
Please explore our websites to discover Mauritius's rich cultural heritage, breathtaking beaches, thriving economy, top-notch real estate listings, investment administration, and knowledge. Together, we aim to showcase the best of Mauritius and assist you in making informed decisions about living, investing, and experiencing all that this beautiful island has to offer.
Comments