Real Estate Scheme (RES) in Mauritius

Mauritius offers another avenue for foreign investors to gain residency through the Real Estate Scheme (RES). RES projects offer luxurious residential properties in smaller, exclusive developments that still maintain the high standards of living found in larger luxury estates.

Key Features of RES Property Acquisition

• Eligible Properties: Villas, penthouses, duplexes, and apartments.
• Minimum Investment: USD 375,000.
• Residency for Dependents: Investors, along with their spouse and dependents, can qualify for residence permits through property ownership.

Benefits of RES Property Ownership

1. Residency Permit: Foreigners who purchase property in an RES project for at least USD 375,000 are eligible for a residence permit, including for their dependents.
2. Work and Investment Freedom: Non-citizens with a residence permit under RES are exempt from the need for an additional Occupation or Work Permit, allowing them to freely invest and work in Mauritius.
3. Tax Residency: Property owners under RES may apply for tax residency in Mauritius, offering the potential for advantageous tax benefits.
4. Rental Income and Fund Repatriation: Property owners are free to rent their properties and repatriate funds or revenue raised from selling or renting the property without restrictions.

The Real Estate Scheme (RES) offers a more intimate, luxurious living environment, while still providing the same benefits of residency, investment, and lifestyle in Mauritius.

Disclaimer:

The information provided in this article is for general informational purposes only. While efforts have been made to ensure the accuracy and reliability of the information, Mauritius.com makes no guarantees as to its completeness or accuracy.