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Understanding Property Development Scheme (PDS) in Mauritius
As a as an investor, It is essential to understand all aspects of the real estate market before to venture in a investment. This article focuses on the Property Development Scheme or PDS in Mauritius.
What is Property? Development Scheme (PDS)?
The Property Development Scheme (PDS), which replaced the Integrated Resort Scheme (IRS) and Real Estate Scheme (RES), was introduced by the government Mauritian in 2016. This is a program that allows foreigners to invest in luxury real estate in Mauritius.
Characteristics of the PDS
Here is some some Goals characteristics from the diagram of development Mauritius real estate:
- Allows the non-citizens, to Mauritian citizens and members of the diaspora Mauritian to buy a property in Mauritius.
- There is no amount investment minimum imposed on foreigners for acquisition of a property under the PDS.
- The program involves the costs of residences of more than Rs 6 million, or approximately 150 000 dollars Americans, designed to attract foreign buyers.
- The PDS allows developers to sell units to potential buyers even before the costs is not finished.
- Non-citizen buyers who have invested more than 375 000 dollars in a property residential will benefit also a Mauritian residence permit.
Advantages of Property Development Scheme (PDS)
- One of the main advantages is that there is no of obligation minimal investment for foreign buyers, making the plan attractive to all types of investors.
- The PDS offers a unique opportunity for those looking to invest in foreign property to take advantage of the many benefits Mauritius has to offer, including its tropical climate, security, political stability and economic, and its Infrastructure first class.
- The residences constructed within the framework of the PDS are often equipped of facilities high-end facilities, such as health clubs, swimming pools and tennis courts, among others.
In short, the Property Development Scheme (PDS) is an excellent opportunity for investors foreigners looking to acquire real estate in Mauritius. It offers a wide range of flexibility and many advantages which, combined with the unique charm of the island, make the PDS an option investment real estate attractive.
1. What is Property? Development Scheme (PDS)?
The Property Development Scheme (PDS) is a program introduced by the government Mauritian in 2016 which allows foreigners to invest in real estate luxury in Mauritius. It replaced the Integrated Resort Scheme (IRS) and the Real Estate Scheme (RES).
2. Who can invest in Property Development Scheme (PDS)?
The PDS allows the non-citizens, to Mauritian citizens and members of the diaspora Mauritian to buy a property in Mauritius. There is no amount investment minimum imposed on foreigners for acquisition of a property under the PDS.
3. What are the advantages of Property? Development Scheme (PDS)?
The PDS has several advantages. For example, there is no of obligation minimal investment for foreign buyers, making the plan attractive to all types of investors. Furthermore, it offers a unique opportunity for those looking to invest in foreign property to take advantage of the many benefits Mauritius has to offer, including its tropical climate, security, political stability and economic, and its Infrastructure first class.
4. What is the minimum price of housing under the PDS?
The program involves the costs of residences of more than Rs 6 million, or approximately 150 000 dollars Americans, designed to attract foreign buyers. Non-citizen buyers who have invested more than 375 000 dollars in a property residential will benefit also a Mauritian residence permit.
5. What does it include? usually a PDS residence?
The residences constructed within the framework of the PDS are often equipped of facilities high-end facilities, such as health clubs, swimming pools and tennis courts, among others.
Analysis of your needs and criteria
We engage in dialogue with you to understand precisely your preferences in terms of accommodation, including size, location, amenities and much more to help you find the perfect accommodation in Mauritius.
Accommodation search
We are conducting a search depth on the real estate market to identify homes that correspondent best to your criteria and which correspondent to your requirements.
Physical or remote visit
Whether in person or remotely, we ensure that you have a clear picture of the accommodation. We provide videos or organize tours in vision conference for those who cannot move.
Reports
After each visit, we will provide a detailed housing report, including informations on the place, the amenities, security, nuisances potential and more.
Signing of the lease
We are at your side during the signing of the lease, ensuring that all the details are checked and respect your interests. We can also help you conclude the lease remotely if necessary.
Opening of public utility contracts
We assist you in the opening water contracts, electricity, from the internet, etc., so that your new home is entirely operational upon your arrival.
Handing over the keys
On the day of your arrival, if necessary, we can give you back personally the keys to your new home.
Lots of shopping
At your request, we can also do the shopping for you before your arrival. This way, you can settle in comfortably right from the start.
Support in all the steps of expatriation in Mauritius
At Expatriation-Maurice, we offer you full support throughout your process expatriation in Mauritius. We take care of all the complex tasks, allowing you to focus on the appreciation of your new life.
Obtaining a permit or visa to live and work long term
We help you navigate through the complex process obtaining visas and permits, thus facilitating your long-term stay in Mauritius.
To find accommodation
Our experts real estate will help you find the ideal accommodation that meets your expectations and your budget.
steps administrative
We you let's accompany also in all the procedures administrative industries to ensure to facilitate your installation on the island.
Assistance with opening and creating a bank account company
Whether you want to open a bank account or start your own business in Mauritius, our team is here to help you every step of the way.
Find a vehicle
We also help you find the right vehicle for your needs and lifestyle.
Assistance to moving
Our experts in moving can take care of all tasks related to your move, ensuring you a smooth transition to your new life in Mauritius.
Airport pick-up
To ensure you are welcomed warm, We also offer an airport pick-up service upon your arrival in Mauritius.
Schooling of children
If you are moving with your family, we can help you find the best schooling solutions for your children.
Obtaining permits import for your pets
If you plan to take your pets with you, we can help you obtain permits import required.
Help for the informations this article
If you need more of information visit regarding what we have discussed in this article, do not hesitate to contact us. We are at your disposal to answer all your questions.
