India Today – New Delhi August 6, 2021 – Mauritius is trying to lure prospective international homebuyers to their island. The country launched its Integrated Resort Scheme in the early 2000s which allows foreign investors to legally own property on the island.
Craving for a vacation to Mauritius? Well, how about owning a villa in the paradise island? Sounds lucrative, no? In that case, we have good news. Mauritius is trying to lure prospective international homebuyers to their island.
CEO of the Mauritius Economic Development Board, Ken Poonoosamy said that Mauritius has been courting international homebuyers since the early 2000s after the country launched its Integrated Resort Scheme.
The policy allows foreign investors to legally own property on the island, according to a report in CNN travel.
The scheme has helped bring around USD 3 billion-dollar worth of investment to this island located off the coast of Madagascar.
The legislation has recently been updated and it specifies the types of properties that can be sold and developed.
International luxury resort brands and development groups have started construction on the island in the anticipation of future prospects.
From one-bedroom villas to sprawling estates, these companies will offer you a slice of the good life on this paradise island.
Mauritius has opened its doors to vaccinated travellers from all across the world. Vaccinated travellers can stay in one of their certified COVID-19 hotels and make the most of their time in the island nation.
From October onwards, there will be a full reopening of the island and travellers can enjoy an unrestricted stay in Mauritius provided they are fully vaccinated and have a negative PCR test 72 hours prior to boarding.
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