Which property can a non-citizen acquire in Mauritius?
The acquisition of properties in Mauritius by non-citizens is principally dictated by the provisions of the Non-Citizen (Property Restrictions) Act 1975 (as amended) and the Economic Development Board Act 2017.
Non-citizens acquire properties in Mauritius for two main purposes:
- As a residence
- As an investment for business purposes
For acquisition of residential property
A non-citizen can acquire residential property falling under one of the following categories, with the prior approval of the Economic Development Board (EDB):
- A residential property, other than a bare land, forming part of a project which falls under the Property Development Scheme (PDS)
- A residential property, other than a bare land, forming part of a project which falls under the Integrated Resort Scheme (IRS)
- A residential property, other than a bare land, forming part of a project which falls under the Real Estate Scheme (RES)
- An apartment in a condominium development, of at least two floors above the ground floor (G+2), found on freehold land, provided that the acquisition price is at least Rs 6 million or its equivalent in any other hard convertible currency.
For acquisition of property for business purposes
In accordance with the Non-Citizen (Property Restrictions) Act 1975, a non-citizen can acquire an immovable property, a rights to immovable property or part of a building for business purposes, provided that he is registered as an investor (company) with the Economic Development Board (EDB) and that he obtains an authorisation from them to make the acquisition.
A non-citizen can also lease an immoveable property or part of a building for a period exceeding 20 years for business purposes provided that he is registered as an investor and that he obtains and authorisation from the EDB.
Authorisations are likely to be granted where the business activity is for:
- The development of high activity commercial use building including, but not limited to shopping mall, office building or warehouse, for own use, sale, rental or lease
- The development of residential properties under the Property Development Scheme and the Smart City Scheme
- Any other activity carried out for reward, gain, or profit, but excluding acquisition for resale, lease or rental of any bare land.
Three main permits issued by the Prime Minister’s Office can allow a non-citizen to live and work in Mauritius:
- A Residence Permit (RP); it allows a non-citizen to stay in Mauritius for a specified period and clearly specifies the conditions to which it is issued.
- An Occupation Permit (OP); it is a permit which allows a non-citizen, who is normally registered with the EDB as an investor, self-employed non-citizen or a professional, to work and live in Mauritius. It is normally provided for a maximum term of 3 years.
- A Permanent Residence Permit (PRP); it is a permit that allows an eligible non-citizen to work and/or live in Mauritius for a period of 10 years. It is renewable.