Investing

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...

Mortgages for people aged 60 and over

Mortgages for people aged 60 and over

Nowadays, the age of 60 is no more considered as the age of retirement only, with people continuing to work until they are 70. It is no longer impossible to get a mortgage at the age of 60, provided you meet the financial requirements. It is illegal for a mortgage lender to reject your application because of your age. If you are retired or approaching retirement, you will need to provide evidence of a...

In these times of pandemic, Dubai is showing a strong will to attract investors from all over the world!

Dubai, is the first and largest city of the United Arab Emirates. Dubai is located in the Persian Gulf, it is the capital of the Emirate of Dubai, and has more than three million inhabitants. If we include the cities of Sharjah, Ajman and Umm al Qaiwain, themselves capitals of their respective emirates, it is an agglomeration that exceeded 3.1 million inhabitants in 2018. Dubai is also the country's...

Golden Visas In Europe: Residence And/Or Nationality By Investment

Golden visas allow foreign citizens to become residents or citizens of a country by investing large amounts of money. Several EU and Schengen countries offer a golden visa programme for wealthy foreign investors. The Golden Visa for Europe is a special type of visa or residence permit for wealthy foreign citizens. To obtain it, it is necessary to invest significant capital in the country.

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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.