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Property Development Scheme

Property Development Scheme

The Property Development Scheme (PDS), which has replaced the IRS and RES, allows the development of a mix of residences for sale to non-citizens, citizens and members of the Mauritian Diaspora.

The PDS provides the following:

  1. the development of luxurious residential units on freehold land of an extent of at least 0.4220 hectare (1 arpent) but not exceeding 21.105 hectares (50 arpents).
  2. the development of at least six (6) residential properties of high standing;
  3. high quality public spaces that helps promote social interaction and a sense of community;
  4. high-class leisure, commercial amenities and facilities intended to enhance the residential units;
  5. day-to-day management services to residents including security, maintenance, gardening, solid waste disposal and household services; and
  6. social contribution in terms of social amenities, community development and other facilities for the benefit of the community.

A non-citizen is eligible for a residence permit upon the purchase of a villa under the PDS scheme when he has invested more than USD 500,000 or its equivalent in any freely convertible foreign currency.

The PDS is also a demarcation from the IRS and RES in as much as it does not differentiate between small and big landowners and harmonizes the registration duty to a single rate of 5% instead of USD 70,000 on registration of a deed under IRS and USD 25,000 under RES. 

 Download the:

  • Guidelines for the Property Development Scheme
  • APPLICATION FORM FOR A PDS CERTIFICATE under the Investment Promotion Act 2000 and the Investment (Property Development Scheme) Regulations 2015
  • Investment Promotion (Property Development Scheme) Regulations 2015

 

Pro Immobilier Ltd
Pro Immobilier Ltee
Azuri Ocean & Golf Resort,
Celadon 27, Roches Noires,
Mauritius

Contact Us

proimmobilier@intnet.mu +230 4172639

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