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Situated in the ‘Golden Triangle’ connecting Asia, Africa and Australia, Mauritius is the converging point of global civilizations – a place where one can feel the cosmopolitan pulse of the world.

WHY MAURITIUS?

  • Impressive track record, political stability and more than 3 decades of sustained economic   growth
  • Secure investment location with established rule of law
  • Freest and most business-friendly country in Africa
  • Peaceful, multiethnic with a unique lifestyle in a blend of cultures
  • Flexible, bilingual (English/French) and skilled   workforce
  • Investment-friendly regulatory regime
  • Open to foreign investors and talents
  • Ocean State with one of the largest Exclusive Economic Zones in the world
  • Preferential market access to Africa, Europe and the USA
  • State-of-the-art infrastructure
  • Convenient time zone (GMT +4)

 

Hospitality & Property Development

Mauritius has successfully positioned itself on the international scene as a renowned up-market tourist destination.

One of the measures announced in the 2015/2016 budget was the restructuring of the Integrated Resort Scheme (IRS) and Real Estate Scheme (RES). As a result, the Investment Promotion Act has been amended through the Finance (Miscellaneous Provisions) Act 2015.

The Investment Promotion Act makes provision for the introduction of a Smart City Scheme (SCS) and a Property Development Scheme (PDS). The two new schemes will be administered by the BOI (Board Of Investment) under a new set of Regulations. Government will come up with a clear roadmap and guidelines for the development of these projects that will be prescribed shortly.

The Smart City Scheme (SCS) will promote targeted economic activities while at the same time consolidation the industrial and service base and an economic diversification path the promotion and uphold ecological sustainable development.

The Property Development Scheme (PDS) will attract investment from abroad by allowing non-citizens to acquire residential properties under the Scheme.

Letter of approvals or certificates issued to companies to develop an IRS or RES project will continue to remain in force. Non-citizens acquiring immovable property under IRS or RES, for more than USD 500,000 or its equivalent, will still be eligible to apply for a residence permit.

For more informations please visit : www.investmauritius.com or contact our office in Mauritius : +230 5768 7355. Backone International – Bowen Square, Dr Ferriere Street – Port Louis – Mauritius.