Incentives & Schemes

Property Development Scheme (PDS)

Aim of Scheme 

The scheme, replacing the IRS and RES, allows the development of a mix of residences for sale to non-citizens, citizens and members of the Mauritian Diaspora.

Terms and Conditions

The Property Development Scheme provides for:
1. The development of luxurious residential units, on freehold land of an extent of at least 0.4220 hectare (1 arpent) but not exceeding 21.105 hectares (50 arpents).
2. The development of at least six (6) residential properties of high standing.
3. High quality public spaces that helps promote social interaction and a sense of community
4. High-class leisure, commercial amenities and facilities intended to enhance the residential units
5. Day-to-day management services to residents including security, maintenance, gardening, solid waste disposal and household services; and
6. Social contribution in terms of social amenities, community development and other facilities for the benefit of the community.

Eligibility Criteria

The following persons may acquire a residential property from a PDS Company:
(a) A natural person, whether a citizen of Mauritius, a non-citizen or a member of the Mauritian Diaspora
(b) A company incorporated or registered under the Companies Act
(c) A société, where its deed of formation is deposited with the Registrar of Companies
(d) A limited partnership under the Limited Partnerships Act
(e) A trust, where the trusteeship services are provided by a qualified trustee; or
(f) Foundation under the Foundations Act.

Type of Property

An IRS Company may provide the following type of residential properties:
• Luxury villa with attending services and amenities
• Luxury apartment with attending services and amenities
• Penthouse with attending services and amenities
• Other similar properties used, or available for use, as residence with attending services or amenities

Extent of Property

The extent of land in respect of each residential property, other than for an apartment or a penthouse, is developed on land not exceeding 5,176 square metres (1A25P) excluding common areas. 

Cost of Property

There is no restriction on the minimum price for the acquisition of a residential property under PDS.

Commercial and Leisure Amenities

Under the Scheme, the promoters must make provisions for setting up of high-class leisure and commercial amenities and facilities intended to enhance the residential units and shall be accessible to the community.

Promoters should ensure to promote inclusiveness through high quality public spaces within the development .The commercial/leisure component must be commensurate to the scale of the proposed development. 

Support Agency/ies:

Board of Investment
10th Floor, One Cathedral Square Building
16, Jules Koenig Street
Port-Louis 11328
Republic of Mauritius
T: +230 203 3800
F: + 230 208 2924
E: contact@investmauritius.com
W: www.investmauritius.com