Strategically located in the Indian Ocean and endowed with stunning scenery, a pleasant year-round climate, a welcoming people and high standards of healthcare and international schooling, Mauritius remains a premier destination for a primary or holiday residence. Ranked first on various performance indices in Africa and acknowledged worldwide for its strong economy and stable political system, the country has positioned itself as the main regional and African platform for banking and financial services.
In order to encourage foreign direct investment in the real estate sector, the Mauritian government has implemented different laws since 2002 : Integrated Resort Scheme (IRS), Real Estate Scheme (RES), Property Development Scheme (PDS) and GF+2 (ground floor + 2) and Smart City. These different laws enable to acquire freehold property in Mauritius Island. If the selling price exceeds USD 375,000, the investor can get a permanent residence permit. The investor can enjoy fiscal advantages, whether he remains fiscal resident in his country of origin or he becomes Mauritian fiscal resident (if he stays at least 183 days per year in Mauritius Island).