Residency By Property Acquisition, RES

Atlantis Luxury Villa - RES Residence in Grand Bay, Mauritius - Apartment for Sale in Mauritius - Access to Foreigner - Permit of Residency

Real Estate Scheme (RES)

EDB – Info – As part of the luxury residential offer in Mauritius, the RES (Real Estate Scheme) projects propose different types of residences:

  • Villas
  • Penthouses
  • Duplexes
  • Apartments

All located in exclusive residential developments on a human scale.

A foreigner can acquire a residential property in the existing RES projects and will be eligible for a residence permit for himself and his dependents if he has invested a minimum amount of $375,000 USD to acquire the property.

Owners can rent the property, become tax residents in Mauritius and are not subject to any restrictions on repatriation of funds or income from the sale or rental of the property.

These residences offer services such as:

  • Rental Management
  • Concierge services
  • SPA
  • Fitness
  • Kids Club …

Tax advantages will allow you to invest in the best conditions:

  • No property tax
  • No land tax
  • No tax on the capital gain in case of resale
  • No inheritance tax
  • No wealth tax
  • Double taxation treaties with many countries.

Non-citizens who have a residence permit under the RES will be exempted from an occupation or work permit to invest and work in Mauritius.

What are the RES in Mauritius?

  • Balinea: North
  • Cape Bay: North
  • Casasola 1: North
  • Port Chambly: West
  • Chamarel: West
  • Residence de Piment: West
  • Tamarin Villas: West
  • Les Villas Athena: North
  • Blue Cottage: West
  • Coral Residence: South
  • Le Domaine des Alizées: North
  • The Northern Apartments: North
  • Casasola 2: North
  • La Tourelle: West
  • Les Terrasses de Martello: West
  • Les Villas de Cascavelle: West
  • Villas La Laurada: West
  • Element Bay 1: North
  • La Palmeraie Luxury: North
  • West Island Resort: West
  • Be Cose: North
  • Mon Ile Luxury: West
  • Tahitia: North
  • City View: Central
  • Jardins de Fragrances: North
  • Le Clos du Littoral: North
  • Naturêva: North
  • Carlos Bay: West
  • Trinidad Villas: North
  • M’Bote: North
  • Royal Park: West
  • Cap Tropical: West
  • Atlantis Luxury Villa: North
  • Artamon Villa: North
  • Pearl Residence: West
  • Villa Royale: North
  • Choisy Les Bains: North
  • Perle de Pereybere: North
  • Residence De Martello: West
  • Edenrock: North
  • Les Domes d’Albion: West
  • Tropica Baie: North
  • Aventurine: North
  • Hawaia Villas: North
  • Villas Intemporelles: North
  • La Plantation Marguery: West
  • Manta Cove: West
  • Rock View: North
  • Avalon: Central
  • Ki Residence: North
  • Ki Apartments: North

Are you looking for a Villa or an Apartment to buy in one of these prestigious developments?  Contact us

IRS, PDS, RES, IHS, Smart City
www.jlsk-group.com, Luxury Real Estate Portal

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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.