Mauritius’ Integrated Resort Scheme (IRS) stands as a beacon for high-net-worth individuals seeking to invest in luxurious residential properties nestled within integrated resort developments that boast world-class amenities. These developments feature exclusive villas built to international standards, complete with facilities like golf courses, marinas, private swimming pools, catering services, various sports facilities, and health centers—all within the confines of the integrated resort area.

Key eligibility criteria under the IRS ensure that the scheme targets substantial investments in premium residential real estate. To qualify, non-citizens must commit a minimum investment of USD 500,000 towards acquiring immovable property for residence, including land not exceeding 0.5276 hectares (5,275 square meters). This investment amount must be transferred in USD through a reputable bank listed in the Banking Almanac, recognized by the Bank of Mauritius.

Investments can be made at different stages: during planning, construction, or upon completion, under legal provisions such as “vente à terme” or “vente en l’état futur d’achèvement” (VEFA).

A primary incentive of the IRS is the grant of resident status to the non-citizen acquiring the property, along with their spouse and dependents. This residency remains valid as long as the property under the IRS scheme is held, offering long-term residential benefits to investors and their families.

Moreover, the IRS imposes a fixed duty of USD 70,000 payable upon the registration of the immovable property. This duty is included within the USD 500,000 minimum investment requirement, providing clarity and predictability regarding financial obligations associated with property acquisition under the scheme.

The IRS not only attracts foreign investment into Mauritius but also elevates the island’s appeal as a premier destination for luxury living and leisure. By integrating residential properties with top-tier amenities and services, Mauritius positions itself as a preferred choice for discerning investors seeking a blend of luxury, exclusivity, and a favorable lifestyle environment.

Furthermore, the IRS contributes significantly to Mauritius’ real estate sector and broader economy by generating employment opportunities and driving demand for ancillary services in hospitality, leisure, and infrastructure development.

In conclusion, Mauritius’ Integrated Resort Scheme offers a robust framework for non-citizens to acquire prestigious residential properties within integrated resort developments. This is supported by attractive incentives such as residency status and clear financial obligations, promoting foreign investment and bolstering Mauritius’ global reputation as a top destination for high-net-worth individuals seeking luxury living amidst stunning natural beauty and world-class amenities.