Real Estate & Hospitality

The real estate development aims to make Mauritius a dynamic commercial and financial centre. The strategies at work consist of achieving the following three points:

  • A competitive economy with world-class infrastructure (housing, retail and lifestyle),
  • facilities and amenities to attract world-class players,
  • regional headquarters and multinationals;

A sustainable environment that can optimize land use, protect developments and preserve a high quality living environment; and
A high quality of life to anchor and attract talent to support the economy.

The development of a network of smart cities on the island is enabling Mauritius to reinvent itself, this time from an industrial country to a high-tech and service economy. Smart cities integrate clean residential, commercial, leisure and even industrial or research uses into “live-work-play” enclaves.

Investors also have the option of acquiring residential property as an asset class that is part of a rental pool agreement and hotel developments from management companies that are dynamic and leading with a portfolio of brands. class solutions that allow owners to maximize the value of their assets.

The development of good quality, reliable, sustainable and resilient infrastructure to support other economic sectors has opened up opportunities in the development of:

  • Smart Cities
  • Commercial and industrial parks
  • Retirement villages and senior living residence
  • Residential properties
  • Leisure and hotel facilities
  • Upscale business hotels
  • Facilities for the MICE market
  • Amusement and theme parks
  • Marina
  • Play complexes

6.7 %


10.5 %

GDP CONTRIBUTION (Real Estate & Construction)

  • The Smart Cities, revolving around the work, live and play concept, are large-scale mixed-use developments in cosmopolitan conurbations with smart technology and pioneering innovation at their core. The focus is to promote Mauritius as an intelligent, innovative and sustainable island through the development of self-sufficient cities offering integrated sustainable solutions and ensuring minimum wastage and maximum comfort for the long-term benefit of all citizens and the future generations irrespective of social and economic class. 

    Smart cities offer diversity in business locations for investments in education, health, R & D, biotechnology, financial, ICT, manufacturing, hospitality, energy, logistics, proptech and urban management solutions, retirement village, incubator, and green office buildings amongst others.

    A smart city company and a smart city developer is eligible for incentives including:

    1. Tax holiday of 8 years on specific activities
    2. Recover VAT on building and capital goods (Buildings and infrastructure)
    3. No customs duty on any dutiable goods, except furniture, for infrastructure and buildings
    4. No customs duty on furniture provided that value addition of at least 20% of the c.i.f value at import is carried out locally
    5. Accelerated annual allowance of 50% on energy-efficient equipment, noise control device, water-efficient plant/ machinery, rainwater harvesting equipment and system, etc
    6. Accelerated depreciation of 50% on machinery, equipment and construction of industrial premises dedicated to manufacturing activities

    Projects issued with a Smart City Certificate include :

    1. Mon Trésor Smart City Ltd
    2. Cap Tamarin Ltée
    3. Uniciti Ltd
    4. Moka City Ltd
    5. Mauritius Jinfei Economic Trade and Cooperation Zone Co. Ltd
    6. Beau Plan Development Ltd
    7. Mont Choisy Smart City Ltd
    8. Hermes Properties Ltd
    9. Yihai Investment Ltd
    10. Royal Saint Louis Development Ltd
    11. New Montebello Development Ltd
    12. Cote D’Or Data Technology Park Ltd
    13. Saint Felix Smart City Ltd
    14. Azuri Smart City Company Ltd
    15. Ferney Development Ltd
  • Blessed with sunshine all year round, as well as a coastline that is bathed by the warm waters of the Indian Ocean and spread over hundred kilometres, Mauritius remains the ‘place to be’. Ever since the promulgation of a more liberal property market, Mauritius has gained rising popularity with the internationally mobile community comprising HNWIs and influential business personalities. As such, non-citizens and expats are allowed to acquire residential property in Mauritius under schemes approved and managed by the Economic Development Board such as the:

    • Integrated Resort Scheme (IRS)
    • Real Estate Scheme (RES)
    • Property Development Scheme (PDS)
  • A foreigner also has the opportunity to acquire residential properties in existing projects, namely the Integrated Resort Scheme (IRS) and the Real Estate Scheme (RES). The non-citizen and dependents are eligible for a residence permit by virtue of the acquisition under the IRS, RES and PDS schemes when he has invested a minimum amount of USD 375,000. The owners may rent the property, become tax resident in Mauritius and face no restriction on the repatriation of funds or revenue raised from the sale or renting of the property.

    Non-citizens who have a residence permit under IRS/RES will be exempted from an Occupation or Work permit to invest and work in Mauritius.


  • The Invest Hotel Scheme has been set as an alternative financing mechanism where new hotel developers and existing hotel companies are allowed to sell hotel rooms to finance the construction of new hotels or refurbishment, reconstruction, alteration or upgrading of existing hotels.This scheme allows investors and individual guests to partake in the success of Mauritius’ thriving strategic hospitality sector by becoming an owner of exclusive hotel units located in Mauritius. It offers individual buyers all the facilities of exquisitely-furnished luxury resort hotel with amenities like F&B, fully serviced spas and fitness centres, resort-style pools with a promise of an income. The unit owner or any person on his behalf may use that unit for a total of 45 days in any period of 12 months. As well as enjoying the privilege of their hotel unit, each owner has the prospect of sharing in unexploited hotel returns and enjoy diversification benefits through lease back.

  • The Property Development Scheme (PDS), is one of the approved schemes, which has been designed to facilitate the development and subsequent purchase of luxurious properties by non-citizens in Mauritius.  To draw on opportunities from the PDS, property developers can also engage in comprehensive development of luxury villas and outstanding residential properties to the highest international standards together with high quality open spaces, high-class leisure and recreational facilities as well as day-to-day management services. On acquisition of residential property for a price exceeding USD 375,000, a non-citizen is granted a residence permit for so long as he/she holds the residential property. The spouse and children below the age of 24 are also granted a residence permit.

    Non-citizens who have a residence permit under PDS will be exempted from an Occupation or Work permit to invest and work in Mauritius.

    Click here to view the list of approved PDS projects

    Download the
    •    Guidelines for the Property Development Scheme
    •    Economic Development Board (Property Development Scheme) Regulations 2015

  • Local Apartments
    The Non-Citizens (Property Restriction) Act allows 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.

    Commercial Parks and Industrial Parks 
    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.

  • As announced in Budget 2021/22 and pursuant to Section 5(1)(ga) of the Immigration Act, a residence permit is now granted to the non-citizen upon acquisition of a residential property in a building of at least 2 floors above ground floor for an amount not lesser than USD 375,000 or its equivalent in any other freely convertible foreign or Mauritian currencies. The residence permit is valid for as long as the non-citizen remains the owner of the residential property under the G+2 scheme.

    •    Application form for Acquisition of Apartment
    •   Guidelines for Acquisiton of Appartments & Residency permit   

    • Hotels

      Hotel Development
      The crystal-clear blue waters, the glorious stretch of white coast, illustrious natural attractions, tropical climate and friendly multi-cultural population makes Mauritius the ideal destination for a relaxing and rejuvenating holiday. With a clear objective to transform Mauritius into an unbeatable island holiday destination, tourist arrivals will keep the growth momentum seen in the last 5 years whereby the number of arrivals grew from 965,441 in 2012 to 1,341,860 in 2017.  This growth would be achieved through extensive investment in world class infrastructure and attracting leading hotel operators in Mauritius. For those seeking to invest in this strategic growth sector, Mauritius is a highly rewarding destination with enormous potential.

      High Class Business Hotels
      On the route to Asia, not far from Africa, lies an island of opportunities named Mauritius. Our location makes us one of the best places to do business in the world, as we are at the heart of a golden triangle of opportunities between Asia, the Middle East and Africa. The Air Corridor connecting Africa and Asia and a dominant investment in advanced technologies has further cemented the country’s status as an empowered regional business and financial hub and a prime destination for MICE activities. This has propelled the existing business hotels to new heights and has opened significant scope for the growth of business tourism. Undeniably, the development of high-class business hotels is a highly lucrative area with untapped potentials.

    • Marina

      Mauritius is touted for its idyllic pristine lagoon, silky white sand and palm lined shores right along the expansive coastline. Mauritius stunning natural marine assets are drawcards to attract marine tourist and to further diversify the tourism offering. The development of luxurious residential units in Mauritius has witnessed a large number of high net worth individuals acquiring yachts and super yachts for their leisure activities. Given these, Mauritius has tremendous potential to become a haven for marine leisure activities especially for boaters who are always seeking new ‘marine playgrounds’ to sail on.

    • ECO Tourism

      Eco tourism and eco-friendly destinations have become catch phrases in the tourism industry.  With the ambition of government to smooth out tourism seasonality, new avenues in the eco-tourism sector are being explored.  Mauritius is endowed with multifaceted attractions such as mountains, parks, valleys, rivers, sandy beaches, glorious traditions, flora and fauna. The country thus offers fantastic opportunities for eco-tourism development in terms of chalet residences, hiking, trekking, quad biking, mountaineering, bird and dolphin watching. 

    • Medical Tourism

      Thanks to the quality and diversity of treatments available as well as the natural attractiveness of the island, Mauritius has flourished as a perfect alternative to combine leisure and healthcare. Patients benefit from varied medical specialties with cutting edge medical technology and pharmaceutical manufacturing similar to those of developed countries. Competitive medical prices, a safe judiciary framework as well as support from highly skilled multilingual professionals in specialised areas inspire confidence and give peace of mind to foreign patients. The idyllic sunny island also offers a particularly beneficial and comfortable set up for recovering patients.

    • Heritage and Cultural Tourism

      With its rich mixture of culture, Mauritius has the capacity to provide a rewarding and satisfying cultural experience to a wide range of tourists. Programs are underway to further conserve historical sites and areas alongside the development of interpretative centres and promotion of cultural activities. An interesting aspect of development possibilities for cultural tourism lies in the abundance and diversity of the culture in Mauritius. Historical buildings, colonial houses, bridges, architecture and traditional lifestyle can become original tourist attractions.

    • Gaming Resorts

      Hospitality and gaming consortia suitable for both business and leisure travellers comprising modern, state-of-the-art convention and exhibition facilities, casinos, themed attractions, entertainment & performance venues and recreational facilities.  Hotels and retail have the potential to create an industry for the domestic demand and a growing number of tourists.

    • Amusement Parks

      Amusement parks are some of the most popular tourist attractions throughout the world. In Mauritius there is an identified niche waiting to be filled for such attractions. With the increasing number of tourist arrivals, innovation is necessary for a constant rejuvenation of the existing tourist attractions. New tourist attractions such as amusement parks, reptile parks, zoos, safari, adventure parks, 3D and interactive animation parks, film attraction parks, aquarium and marine parks can be developed in the island

  • Smart City companies and developers are now starting to flesh out the concept of purpose-built luxury retirement-based communities. This comes in the wake of the recent law which will allow expatriates above 50 years to stay in and buy or rent purpose-built retirement residences. Senior living essentially refers to homes that cater to adults aged 50+ who are looking to live independently in a peer environment. Seniors who gravitate towards such housing options tend to have no major health issues and are active enough to take care of themselves. Such projects usually provide facilities for recreation and socialising, including a clubhouse, health club or gym, facility management services, focused on the needs of the elderly. The new law, which came into effect in May 2019, allows a non-citizen retiree to apply for a residence permit for himself/herself and his/her spouse or common law partner until such time the property is no longer owned or occupied by the retiree.

    The following fiscal incentives are being granted under the Scheme:

    • a 5-year income tax holiday to a foreign retiree issued with a residence permit under the scheme on pension income and other income remitted to Mauritius by himself/herself and his/her spouse or common law partner; and
    • to the promoter of a project:
    • a 5-year income tax holiday on profits generated;
    • exemption from customs duty on the importation of machinery, equipment, construction materials and other inputs including furniture in semi-knocked down form on the condition that at least 20% local value addition is incorporated therein; and

    In addition, standard VAT exemption granted in respect of a purpose-built building for a residential care home will apply. The new laws will encourage foreign investors who are attracted by our lifestyle, sun, security and first-class amenities an attractive option. The weather in Mauritius is conducive for 8 months a year even for people from colder climates, which is a major attraction for retirees around the world. Florida is a great example of how weather becomes a big factor in deciding where people would like to spend their retired lives. To benefit from the above, projects have to be approved under the Property Development Scheme (PDS) relating to senior living.

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