Mauritius: Property Development Scheme Investment Visa
People who purchase a residential or investment property worth at least $375,000 are eligible for Mauritius’s Property Development Scheme (PDS), which includes a 20-year Residence Permit.
Benefits (6 bullets)
- 20-year residence permit
- Relatively low cost of investment
- Easily bring family (including parents)
- Path to Permanent Residence
- Low tax rate and protection from double taxation
Introduction
The tropical island nation of Mauritius is well-known for its striking multicolored sand dunes, beautiful nature, and outdoor activities like scuba and golf. Located off the coast of Africa and Madagascar, Mauritius has a diverse and welcoming culture combining African, Asian, Indian, and French elements.
The PDS suits both large developers and individuals buying a residence (see these detailed guidelines). Mauritius also welcomes many kinds of investors with a wide range of schemes, some granting a Residence Permit, tax advantages, or other incentives.
Internet Speed
Fixed broadband: 20.32 Mbps download/10.89 Mbps upload
Mobile: 25.14 Mbps download/11.09 Mbps upload
Cost of living
No. 52 globally
Financial Requirements
Investment options start at $375,000.
Fees
$0
Application Process
Most countries don’t need a visa to enter Mauritius. If your country has visa-free entry, you can apply for the Residence Permit and PDS from within Mauritius after buying a property.
Attaining the PDS is a complicated process that can include property purchase, site visits, development planning, permitting, and coordination with local authorities.
In general, the application steps are:
- Submit your documents (offline application)
- Complete a site visit by Economic Development Board
- Receive letter of approval from EDB
- Receive any necessary permits and licenses
- Receive PDS Certificate
Documents Required
Personal documents required for Residence Permit (for individuals):
- Application form
- Authenticated copy of passport
- Authenticated copy of birth certificate
- Certificate of morality
- Medical letter
- 2 passport photos
- Similar documents are required for spouse or any dependents
For the PDS:
- Application form
- Depending on your situation, required documents can be extensive and may include a business plan, certificate of incorporation, details of stakeholders, title deed, site plans, artistic rendering, proof of funds, and a Social Impact Assessment