Incentives & Schemes

Invest Hotel Scheme (IHS)

Aim of Scheme

The Invest Hotel Scheme (IHS) allows hotel developers to finance the development of a hotel project by allowing them to sell villas, suites, rooms or other components that form part of the hotel to individual buyers

 

Terms and Conditions

The Integrated Resort Scheme provides:

  • For the development of a hotel on either freehold or leasehold land of more than 1 hectare where units, villas, suites or other parts of the hotel can be sold;
  • Buyer of a unit enters into a lease agreement by which the property is leased back to the seller
  • Unit leased to the seller may be used and occupied by the unit owner or any person on his behalf for a total of not more than 45 days in any period of 12 months. 

 

Eligibility for acquisition of unit or other parts of a hotel

The following persons may acquire a residential property from a RES Company: 

  • A non-citizen of Mauritius
  • A citizen of Mauritius
  • A company registered as a foreign company under the Companies Act 2001 
  • A company incorporated under the Companies Act 2001
  • A société, where its deed of formation is deposited with the Registrar of Companies
  • A trust, where the trusteeship services are provided by a qualified trustee licenced by the Financial Services Commission

 

Investment in acquisition of a unit

For stand alone villa

  • The amount of investment in the acquisition of a stand alone villa should not to be less than US$500,000 (excluding taxes) or its equivalent in any freely convertible currency.
  • For units other than stand alone villa – No minimum investment required to acquire such units.



SUPPORT AGENCY
Board of Investment
10th Floor, One Cathedral Square Building
16, Jules Koenig Street
Port-Louis 11328
Tel: +230 203 3800
Fax: +230 208 2924
Email: contact@investmauritius.com
Website: www.investmauritius.com

Australia

June 1995
Australian Chamber of Commerce and Industry (ACCI)

China

April 1997
China Council for the Promotion of International Trade (CCPIT) - Beijing
China International Economic and Trade Arbitration Commission - Shanghai
November 1998
CCPIT Guangdong Sub-Council
September 2008
CCPIT Qingdao
May 2007
CCPIT Qingdao

Austria

September 2014
Austrian Federal Economic Chamber

France

September 1996
l’Assemblée des Chambres Françaises de Commerce et d’Industrie (ACFCI)

India

November 1985
Federation of Indian Chambers of Commerce and Industry (FICCI)
May 1996
Confederation of Indian Industry (CII)
June 1995
Tamil Nadu Chamber of Commerce and Industry
January 2004
India International Trade Center
May 2004
Seafood Exporters Association of India
October 2005
Seafood Exporters Association of India

Kenya

January 2011
The Kenya National Chamber of Commerce and Industry (KNCCI)

Madagascar

November 2004
Fédération des Chambres de Commerce, d’Industrie, d’Artisanat et d’Agriculture de Madagascar

Malaysia

August 1994
The National Chamber of Commerce and Industry of Malaysia
June 2005
Malaysian Associated Indian Chambers of Commerce and Industry

Mozambique

September 2012
Chamber of Commerce of Mozambique)

Pakistan

October 2004
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI)

Russia

May 2007
Chamber of Commerce and Industry of the Russian Federation

Sri Lanka

May 2004
National Chamber of Commerce of Sri Lanka

Tanzania

January 2011
The Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA)

Thailand

August 2004
The Federation of Thai Industries (F.T.I)
February 2013
TUSKON

Turkey

August 2014
DEIK (Foreign Economic Relations Board)
TOBB (The Union of Chambers and Commodity Exchanges of Turkey)

Réunion

June 1995
Chambre of Commerce and d’Industrie de la Réunion
March 2002
L’Association pour le Développement Industriel de la Réunion

Seychelles

November 2005
Seychelles Chamber of Commerce and Industry
April 2014
Seychelles Chamber of Commerce and Industry

Djibouti

August 2008
Chamber of Commerce of Djibouti

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  • Invest Hotel Scheme (IHS)
  • Invest Hotel Scheme (IHS)