Legal considerations IRS

The Integrated Resort Scheme (IRS) has been created to generate more investment in Mauritius. It was also designed to facilitate the acquisition of residential properties in Mauritius by foreign nationals and companies.
An IRS is a project that encompasses the construction and sale of luxury residential units developed on areas exceeding 10 hectares and offering up-market facilities such as golf, restaurants etc.
These units must match a set of pre-defined criteria and must be approved by the Board of Investment (BOI) based in Mauritius.
Any foreign citizen who invests a minimum of 500,000 dollars US (excluding taxes) to acquire a property under the IRS scheme will be granted a residence permit in Mauritius.
For more information regarding legal issues linked to IRS projects, we invite you to visit the Board of Investment’s (BOI) website:

http://www.boimauritius.com/download/Guidelines-IRS.pdf

The advantages of acquiring a property under the IRS scheme in Mauritius:

  • IRS projects are limited and essentially aimed at purchase by foreigners

  • Those who acquire a property under the IRS scheme can benefit from fiscal advantages

  • Mauritius is a renowned destination, famous for the natural hospitality of its locals and the excellence of its hotel industry

  • Mauritius has a enjoyable climate all year round with temperatures ranging from 20 to 35 degrees

  • There are frequent daily flights between Mauritius and the main hubs of Europe, Middle East, Africa, Asia and Australia

  • Mauritius has developed a high standard of road networks and infrastructures

  • The range of sports and leisure facilities available in Mauritius is extensive : international golf courses, deep-sea fishing, water-skiing, sailing, windsurfing, tennis, kitesurf, horse riding, quad biking and nature walks

  • Mauritius enjoys political and economic stability