Prices of IRS in Mauritius

Published on the

According to the law governing the sale of IRS in Mauritius, the minimum selling price of an IRS unit is 500 000 USD (370 000 euros). Registration duty payable by purchaser
is fixed at 70 000 USD (approximately 52 000 euros) or 5% of the value of the property. whichever is the higher.

Mauritian Residence Permit
On acquisition of an IRS unit in Mauritius, the buyer is automatically granted a Mauritian permanent residence permit, so is his (her) spouse and any dependents. The residence permit granted under the IRS system will remain valid for as long as the holder maintains ownership of the property.

Who can buy an IRS unit in Mauritius ?

  • An investor (including his/her spouse and dependents)
  • A foreign company incorporated under the Companies Act 2001
  • A Mauritian citizen
  • A company incorporated under the Companies Act 2001
  • A society of persons of which the act of constitution will have been deposited with "Registrar of Companies"
  • A "trust" whose trustee is duly authorized by "Financial Services Commission"
  1. The concept of IRS
  2. Prices of IRS in Mauritius
  3. Administrative and legal procedures for the acquisition of an IRS unit
  4. Our tips to purchase IRS

More Articles in : Invest

Our Files

Buying an IRS

You are a foreigner who has heard a lot about Mauritius and you wish to settle in the country? It is now possible: you just have to buy an IRS (...)

Buying a RES

If like many other foreigners you have been so charmed by Mauritius Island that you are willing to settle there, you may opt for the Real Estate (...)

Buying an IHS

Invest Hotel Scheme has been designed to enable property developers to sell hotel rooms, villas, suites or any other part of a hotel to (...)

Buying a PDS

This publication contains guidance for promoters who want to develop a project under the Property Development Scheme (PDS). These guidelines are (...)

The Smart City Scheme

Mauritius is now turning towards the Smart City concept. Despite the fact that there is no universally accepted definition of the term Smart (...)

Buying in G+2

The Non-Citizens (Property Restriction) Act has been amended in December 2016 to allow foreigners to purchase apartments in condominium (...)