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In early 2017 the Mauritian government changed the Non-Citizens (Property Restriction) Act so that foreign investors can now buy apartments outside of the pre-existing foreign buyer-designated IRS, RES and PDS developments. This is especially beneficial to South African property investors, as investing in the IRS, RES and PDS developments is significantly more expensive than the […]
by Sebastien Staub 
by Sebastien Staub 
Property Development Scheme: Amendments Further to the announcement made in the 2016/2017 Budget Speech, the Investment Promotion (Property Development Scheme) Regulations 2015 have been amended as follows: (i) the maximum size limit of 50 arpents has been removed (ii) the requirement to sell at least 25 percent of residential units to Mauritian buyers has been […]
by Sebastien Staub 
Smart Mauritius – Building Intelligent, Innovative and Sustainable Cities of the future The Smart City Scheme is an ambitious economic development programme aimed at consolidating the Mauritian international business and financial hub by creating ideal conditions for working, living and spurring investment through the development of smart cities across the island. The development of smart […]
by Sebastien Staub 
To further open the economy, the Non-citizens (Property Restriction) Act has been amended to allow non-citizens, registered with the BOI, to acquire apartments and business spaces in buildings, subject to security clearances. Acquiring a property for business purposes Non-citizens can acquire or lease immovable property for business purposes. The Non-Citizens (Property Restriction) Act regulates foreign […]
by Sebastien Staub 
Dear Homes Subscribers & Partners, It is the time of the year to wish you a Merry & Happy 2017. If you have not got your WIN A HOME TICKET, you still can. The new draw will be conducted on the 16th Jan at MTC. HURRY, you have until today the 31st December to buy […]
by Sebastien Staub 
The new Budget measures that will impact positively the Mauritius real estate sector: THE NEW REGISTRATION DUTIES Exemption for a Mauritian acquiring a newly built dwelling costing less than Rs.6 million on land which is not on Pas Géométriques or within an Integrated Resort Scheme, Real Estate Scheme, Property Development Scheme or Hotel Invest Scheme […]
by Sebastien Staub 
