Apartments and Parks
The Non-Citizens (Property Restriction) Act has been amended in December 2016 to allow foreigners to purchase apartments in condominium developments of at least two levels above ground (G+2) with the prior approval of the Economic Development Board, provided the purchase price of an apartment is not less than MUR 6 million or its equivalent in any other hard convertible foreign currency.
Mauritius’ unique advantages of strategic location, stable government, competitive workforce, pro-business environment and world class infrastructure make it an ideal launch pad to the African region. Mauritius is promoted as a destination for headquarters of prominent large multinational companies. As part of an outlook that aims to create synergies between the academic and economic world, Mauritius offers tremendous opportunities in the development of business parks, commercial parks, industrial parks and logistic parks, science parks, high-tech facilities offices and retail spaces.