Property Development Scheme (PDS)
EDB – Info – The Property Development Scheme (PDS) is one of the programmes approved by the Mauritian Government.
It is designed to facilitate the development and purchase of luxury properties by non-citizens in Mauritius.
This investment scheme now replaces the previous investment schemes*:
- Integrated Resort Scheme (IRS)
- Real Estate Scheme (RES)
You will find properties such as:
- Villas
- Penthouses
- Duplexes
- Apartments
The projects developed under this scheme offer exceptional luxury residential properties of high international standards, as well as high quality open spaces, high standard leisure and recreation facilities and day-to-day management services.
These residences offer services such as:
- Rental management
- Concierge services
- SPA
- Fitness
- Children’s club …
The tax advantages will allow you to invest in the best conditions:
- No property tax
- No land tax
- No capital gains tax in the event of resale.
- No inheritance tax
- No wealth tax
- Double taxation treaties with many countries.
When acquiring a residential property for a price of more than USD 375,000, a non-citizen is granted a residence permit for 10 years and as long as he or she holds the residential property.
The spouse and children under the age of 24 are also granted a residence permit.
Non-citizens who have a residence permit under the PDS will be exempted from an occupation or work permit to invest and work in Mauritius.
*With regard to the resale of property, previous investment schemes remain active.
Are you looking for a Villa or an Apartment to buy in one of these prestigious developments? Contact us