IRS & RES
A foreigner also has the opportunity to acquire residential properties under existing schemes, namely the Integrated Resort Scheme (IRS) and the Real Estate Scheme (RES). The non-citizen and his/her dependents can obtain a residence permit under the IRS, RES and PDS acquisition when they have invested a minimum amount of USD 375,000. Owners may rent the property, become tax residents in Mauritius and have no restrictions on repatriation of funds or income from the sale or rental of the property.
Non-citizens holding a residence permit under the IRS/RES will be exempted from occupancy or work permits to invest and work in Mauritius.