The Mauritius Residence Permit by Property Investment Program allows investors to obtain a residence permit in Mauritius by investing in real estate through one of the approved investment schemes.
The program requires a minimum investment of USD 375,000 or MUR 6 million for a condominium with at least two floors above ground.
Right to stay in Mauritius as long as you remain the owner of the property.
The Integrated Resort Scheme (IRS)
Ready-made residential properties such as villas, townhouses, penthouses, apartments, duplexes, and services plots of land exceeding 10 hectares.
The Real Estate Scheme (RES)
Provides a range of living options, including villas, penthouses, duplexes, and apartments, situated in exclusive, small residential developments.
The Property Development Scheme (PDS)
Integrated projects of social benefit to the neighbouring community, subject to strict environmental controls, and focused on ecology.
The Invest Hotel Scheme (HIS)
New or existing hotel units where the investor has the right to stay and spend up to 45 days per year in the hotel.
The Smart City Scheme (SCS)
Environmentally friendly living, working, or recreational spaces that generate their own energy and water resources, provide cutting-edge connectivity, develop smart modern transportation, and reduce traffic congestion.
The Ground +2 Apartment Scheme (G+2)
Investment in a condominium of at least 2 floors above ground. The purchase price of an apartment should not be less than USD 135,000.
The Applicant receives the Mauritian Residence Permit.
With over 30 years of immigration experience, each of Harvey Law Group’s lawyers carefully studies each client’s needs, resources and determines the immigration solution that best aligns with our client’s vision and values.
To obtain a Mauritius Residence Permit by Property Investment, invest a minimum of USD 375,000 in specified schemes or USD 135,000 in a two-floor condominium.
Benefits of the Mauritius Residence Permit include permanent residency rights, work authorization without additional permits, family inclusion, a pathway to citizenship, favorable taxes, access to quality education, and a secure environment.
Investors can secure a Mauritius Residence Permit by purchasing property worth at least USD 375,000 or MUR 6 million in a condominium; this provides a clear path to residency as long as the property is owned.
Dependents eligible for inclusion in the Mauritius Residence Permit application are spouses, parents, and unmarried, financially dependent children of any age, including stepchildren and adopted children.
In Mauritius, rental income is subject to a 15% tax rate on the individual income.
Investments for the Mauritius Residence Permit must be made in US dollars or equivalent in any convertible foreign currency, funded from outside Mauritius through a reputable bank.
Opening a bank account in Mauritius is not mandatory for property purchase, but transferring funds directly to the notary is recommended.
Additional costs for real estate transactions in Mauritius include a 5% registration duty, notary fees, and a USD 500 application fee for the Economic Development Board’s letter of approval.
For a comprehensive list of documents needed to apply for a Mauritius Residence Permit, contact HLG directly.
