Mauritius Residence by Investment Program

Category: Mauritius Real Estate

The Mauritius Residence by Investment Programme is a way for foreign individuals to acquire residence status in the island nation of Mauritius. This programme allows individuals to become residents within two to six months by investing in the nation's real estate market. The programme is ranked 10th on the Global Residence Programmes Index.

Benefits of the programme include the ability to rent out the investment property, residence for the whole family, and access to an international education system. Additionally, Mauritius offers a safe, secure environment with a tropical climate year-round, political and economic stability, and is considered one of the top 20 countries in the world for ease of doing business.

To qualify for the programme, individuals must invest in one of four main real estate projects: the Integrated Resort Scheme (IRS), the Real Estate Scheme (RES), the Property Development Scheme (PDS), and the Smart City Scheme (SCS). These schemes require a minimum investment value of $375,000 and are subject to specific requirements regarding land area, environmental impact, and community benefit.

Alternatively, individuals may qualify for permanent residence through other options such as being a shareholder or director of a company in Mauritius, being employed in Mauritius by contract, being self-employed in the services sector, or being a retired non-citizen over the age of 50. Each of these options have specific investment requirements, such as an initial transfer of funds or a minimum salary, and have a 10-year initial residence period.The Mauritius Residence by Investment Programme is an efficient way for high-net-worth individuals and families to acquire residence status in Mauritius by investing in the nation’s real estate market. The programme is ranked 10th out of 24 programmes on the Global Residence Programmes Index and offers a range of benefits such as the opportunity to rent out the investment property, residence for the whole family, political and social stability. Ease of doing business, and a sophisticated financial centre.

To qualify for the programme, applicants must invest in one of four main real estate projects: the Integrated Resort Scheme (IRS), Real Estate Scheme (RES), Property Development Scheme (PDS), or Smart City Scheme (SCS). The smallest value for each of these projects is $375,000. Additionally, there are several other options for obtaining residence in Mauritius such as investing in a company in Mauritius, starting an innovative business, or being a self-employed professional.

The requirements for the programme vary depending on the specific investment option chosen. but generally include proof of funds, a background check, and the completion of all necessary documentation. The application process can take two to six months. Overall, the Mauritius Residence by Investment Programme provides a possible pathway for foreign investors to stay in the island nation and benefit from its many advantages.

In summary, the Mauritius Residence by Investment Programme allows foreign individuals to acquire residence status in the country by investing in its real estate market. The programme has a ranking of 10th out of 24 on the Global Residence Programmes Index and offers a wide range of benefits such as the ability to rent out the investment property, residence for the whole family, a safe and secure environment, international schools and universities, political, social and economic stability and ease of doing business. The main investment options available under the programme include the Integrated Resort Scheme (IRS), Real Estate Scheme (RES), Property Development Scheme (PDS) and Smart City Scheme (SCS), with a minimum investment value of $375,000. Alternative investment options for 20-year permanent residence also exist for general investors, high-technology investors, innovative start-up investors, professional investors, self-employed investors, and retired non-citizen investors.

As with any investment opportunity, it is important to consult a professional before making any decisions, and to also verify information regarding rules, regulations, and laws in relation to investment and residence programmes in Mauritius to make sure it matches with current regulations and laws.

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Karen Thornalley

2023-01-11 07:21:34

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