Mauritius island

Acquisition of a New Property in “Sale in Future State of Completion” (VEFA) by a Non-Citizen in Mauritius in 2024

Acquisition of a New Property in "Sale in Future State of Completion" (VEFA) by a Non-Citizen in 2024. 1. Property Development Scheme (PDS) Launched in 2015, the Property Development Scheme (PDS) allows non-residents to invest in real estate in Mauritius. The minimum investment amount for a PDS is USD 200,000. This amount should not be confused with the USD 375,000 required to obtain the residence...

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How can a foreigner live and work in Mauritius island?

Overview of the Mauritian Immigration and Employment System The Mauritian Immigration and Employment system is a set of policies and regulations governing the entry and employment of foreign nationals in the Republic of Mauritius. The system is administered by the Mauritius Immigration and Emigration Department (MIED). It is designed to ensure that all foreign nationals who seek to enter and work in...

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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.
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