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Real Estate Acquisition Reform in Mauritius, What Non-Citizens Need to Know !

Introduction: Mauritius is implementing significant changes to its real estate acquisition rules for non-citizens. A new legislation, named the NCPR Act, redefines the opportunities and restrictions for property purchases by non-citizens in the country. Summary of the NCPR Act: The NCPR Act strictly governs the conditions under which non-citizens can purchase real estate in Mauritius. The key points...

Residency By Property Acquisition, PDS

Property Development Scheme (PDS) The Property Development Scheme (PDS) is one of the programmes approved by the Mauritian Government. It is designed to facilitate the development and purchase of luxury properties by non-citizens in Mauritius. This investment scheme now replaces the previous investment schemes*: Integrated Resort Scheme (IRS) Real Estate Scheme (RES) You will find...

Mauritius Best Places To Work Remotely

Mauritius has been named one of the best places to work remotely in 2024

If you could work from abroad while enjoying the country's assets in your free time, would you take the plunge? At least that's what the latest Work From Wherever Index advises: "Swap gray cityscapes for olive groves, sunsets over the sea or bustling metropolises. Let our index show you which countries are best for remote work and travel experiences." This ranking, counts 111 countries, selected...

Mortgages for people aged 60 and over

Mortgages for people aged 60 and over

Nowadays, the age of 60 is no more considered as the age of retirement only, with people continuing to work until they are 70. It is no longer impossible to get a mortgage at the age of 60, provided you meet the financial requirements. It is illegal for a mortgage lender to reject your application because of your age. If you are retired or approaching retirement, you will need to provide evidence of a...

Masks will no longer be mandatory in Mauritius!

Masks will no longer be mandatory in Mauritius!

We have been waiting for this announcement for so long!According to the latest update from the Prime Minister's office, new sanitary protocols have been put in place and will be effective from 1 July 2022.Firstly, masks will no longer be mandatory in public places. Although it is recommended for people over 60, vulnerable people with health complications, people with respiratory problems and in crowded...

Mauritius ranks as the happiest country in Africa

Mauritius ranks as the happiest country in Africa

Statistical analysis was used to determine the happiest countries by the United Nations Sustainable Development Solutions Network. The report ranks 146 countries according to their overall well-being, from the happiest to the most unhappy. Professor Christopher Barrington-Leigh of McGill University in Quebec also contributed to the report as a researcher, saying in a statement that the World Happiness...

Mauritius waives the day 5 antigen test to make your holiday easier.

Mauritius waives the day 5 antigen test

For a more relaxing holiday, Mauritius waives the fifth day antigen test which applies mainly to fully vaccinated travelers staying at hotels and other tourist accommodations across the island - Such as B&B’s, guesthouses and villas. After the PCR test is done before the vacationers flight and upon their arrival in Mauritius (day 0), there is no need to be tested unless symptomatic. By doing...

Crystal Rock, Le Morne, Mauritius

Mauritius has lifted its travel ban on South Africa

The travel ban for South Africans has been lifted in Mauritius, according to the government. The Mauritius Tourism Promotion Authority (MTPA) said in a statement that Mauritius' Covid-19 travel restrictions on South Africa, Botswana, Eswatini, Lesotho, Malawi, Mozambique, Namibia, Zambia and Zimbabwe will be lifted on Friday, January 7, 2022, allowing commercial travel between the nations to...

Residency By Property Acquisition In Mauritius, Ground+2 Apartment

They are large-scale mixed-use developments in cosmopolitan conurbations, with smart technologies and pioneering innovations at their core. The residential developments are part of an integrated master plan that promotes sustainable and happier living, with plenty of space and opportunity for innovation-driven businesses and multiple recreational amenities, while living next door.

Health Coronavirus France Airport

France Announces New Travel Restrictions

The French government has announced new travel restrictions that will enter into force on Saturday (December 4, 2021). Alongside France's green-orange-red classification scheme for countries according to their coronavirus epidemiological situation, the government also introduced a new list marked by "scarlet red" that includes ten southern African countries. Only travel for compelling...

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Particular Case
The Regulatory Sandbox License (RSL) allows an investor to undertake a commercial activity for which there is no legal structure or suitable regulations under Mauritius' existing legislation. The RSL will be provided by the Economic Development Board to qualifying firms that want to invest in innovative projects for a fixed amount of time under a set of agreed upon terms and conditions.

Eligibility
Any investor with an innovative concept for which there is no legal framework or sufficient measures to cover its materialization can submit a full application for the issuance of an RSL. The applicant must be able to demonstrate the creative character of the project on a local, regional or global scale.