Construction

Real Estate Acquisition Reform in Mauritius, What Non-Citizens Need to Know !

Introduction: Mauritius is implementing significant changes to its real estate acquisition rules for non-citizens. A new legislation, named the NCPR Act, redefines the opportunities and restrictions for property purchases by non-citizens in the country. Summary of the NCPR Act: The NCPR Act strictly governs the conditions under which non-citizens can purchase real estate in Mauritius. The key points...

How do you explain the dazzling success of the JLSK Group in Mauritius and why it has become the preferred agency of South Africans and French people?

"The JLSK Group: Unrivaled Success in Mauritius Island, Preferred by South Africans and European People Alike!" The History and Growth of JLSK Group in Mauritius Since its creation in 2002, the JLSK Group has become a major player in the economy of the United Arab Emirates (UAE). The group, founded by its Chairman and CEO, Mr Benaudis James Simon, has grown from a small family business to a commercial...

Mauritius Best Places To Work Remotely

Mauritius has been named one of the best places to work remotely in 2022

If you could work from abroad while enjoying the country's assets in your free time, would you take the plunge? At least that's what the latest Work From Wherever Index advises: "Swap gray cityscapes for olive groves, sunsets over the sea or bustling metropolises. Let our index show you which countries are best for remote work and travel experiences." This ranking, counts 111 countries, selected...

What is the procedure for acquiring a new off-plan property in Mauritius for a foreigner?

Overview of the VEFA Process for Buying an Off-Plan Property in Mauritius Mauritius is an increasingly popular destination for off-plan property investment. The process of buying an off-plan property in Mauritius can be complex, so it is important to understand the steps involved in the VEFA process. The VEFA process stands for Vente en État Futur d’Achèvement, which translates to Sale in Future...

Real Estate Agency Mauritius

Working with a Real Estate Agency in Mauritius

Benefits of Working with a Real Estate Agency in Mauritius The benefits of working with a real estate agency in Mauritius are plentiful. From helping you find the perfect property for your needs to providing valuable advice and guidance throughout the entire process, a real estate agency can be an invaluable asset. Here are just a few of the advantages of working with a real estate agency in...

What are the methods for valuing real estate assets in Mauritius island?

What Are the Most Popular Valuation Methods Used in Mauritius? In Mauritius, five of the most popular valuation methods used are the Comparable Sales Approach, Cost Approach, Income Approach, Market Value Approach, and Discounted Cash Flow Analysis. The Comparable Sales Approach is a popular method used for valuing immovable property, such as land and buildings. It is based on the principle of...

RES Mauritius

Where are located the best real estate developments for foreigners in Mauritius under the Real Estate Scheme (RES)?

Where are located the Best Real Estate Development for Foreigners in Mauritius Under the RES Mauritius is an island paradise filled with stunning beaches, lush rainforests, and crystal clear waters. It's no wonder that it's become a popular destination for foreign property investors. With the introduction of the Real Estate Scheme (RES) in 2018, it has become even easier for foreigners to invest in the...

Real estate Mauritius

What type of property should you invest in the North of Mauritius and which are the best residences that JLSK Group could advise you on?

The Benefits of Investing in Property in the North of Mauritius Investing in property in the north of Mauritius offers a number of advantages that can be beneficial for those considering purchasing property in this region. Firstly, the north of Mauritius is known for its stunning natural beauty. With its picturesque beaches, lush forests, and stunning mountain views, the area is a popular tourist...

Property Manager in Mauritius

An Overview of Property Management in Mauritius

Understanding the Professional Responsibilities of a Property Manager. Mauritius is a tropical island nation located off the southeast coast of Africa in the Indian Ocean. It is a popular tourist destination known for its beautiful beaches, diverse culture, and vibrant economy. Property management is an important sector of the Mauritian economy, with property managers playing a key role in ensuring that...

Real Estate Advisor Mauritius

Working With A Real Estate Advisor In Mauritius

The Benefits Of Working With A Real Estate Advisor In Mauritius When looking to buy, sell or rent real estate in Mauritius, working with a real estate advisor can provide numerous benefits. A real estate advisor is a professional who provides advice and assistance in relation to all aspects of real estate transactions. They are well-versed in the local market and have access to a wealth of resources that...

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Particular Case
The Regulatory Sandbox License (RSL) allows an investor to undertake a commercial activity for which there is no legal structure or suitable regulations under Mauritius' existing legislation. The RSL will be provided by the Economic Development Board to qualifying firms that want to invest in innovative projects for a fixed amount of time under a set of agreed upon terms and conditions.

Eligibility
Any investor with an innovative concept for which there is no legal framework or sufficient measures to cover its materialization can submit a full application for the issuance of an RSL. The applicant must be able to demonstrate the creative character of the project on a local, regional or global scale.