Schools and housing

1)  As far as I understand, apartments (in a building of Ground + 2 floors) may be bought by non-citizens  for less than the amount of USD 375 000
- it could be that this concession was only made for Retired non-citizens - are any of the other forum members able to elaborate on this possibility for us ?

refer:
https://www.lexpressproperty.com/en/new … ng-in-g-2/
(the minimum entry amounts have been Reduced since this article)

https://www.lexpressproperty.com/en/new … gible.html



2)  Also the restrictions have been made less strict since June 2020 for non-residents, allowing them to rent apartments and also buy upto 2100 square metres of land for residential purposes in the 6 Smart Cities throughout Mauritius:

https://www.lexpressproperty.com/en/new … cheme.htmlhttps://www.lexpressproperty.com/en/new … ities-277/



3)  A third option would be to Rent for the first 3 years and, as I understand it, after receiving your "permanent" residence permit, you are allowed to buy a property which does NOT fall under one of the IRS, RES or PDS schemes (thus paying even less than the recenltly-reduced minimum of USD 375 000 - please correct me if my understanding of this is incorrect Expat Forumites.

sources:
https://www.expat.com/en/guide/africa/m … itius.htmlhttps://mauriceinvest.com/investing-in- … s/?lang=enhttps://businesstech.co.za/news/lifesty … mauritius/https://www.iol.co.za/personal-finance/ … s-49710058

Thank you. Much appreciated.

Ground +2 is for permit holder and the minimum value 6M MUR.

that is good news about the G+2 apartments

at MUR 6 million that is roughly one third of the
USD 375 000 minimum for other PDS, IRS and RES housing


read further:
https://www.estate-living.co.za/news/in … mauritius/

The Ground + 2 Scheme (G+2) permits non-citizens to buy apartments in building that are at least three storeys high (Ground plus two). The minimum purchase price for buying under this scheme is MUR 6 million (about R2.5 million or US$ 150,000).

I think you need to be a permit holder first to purchase ground +2

shen wei wrote:

I think you need to be a permit holder first to purchase ground +2

Incorrect
The R+2 is a real estate investment scheme in force since 2016. It comprises a condominium apartment, located in a building with at least two floors.  While it does not allow the acquirer to obtain a permanent residence or tax residence permit in Mauritius, the R+2 entitles the acquirer to a certificate of temporary Mauritian residence (up to 6 months).

What I mean is you need to be a permission holder before you require the property. Your contract will be reviewed by EDB and your permit is one of the documents to provide. Yes 6M to have a permit is a joke. Who will believe it?

Thanks all for your replies.