Service

Real Estate & Property Development Scheme (PDS)

Mauritius offers several approved channels through which non-citizens can invest in real estate, including the flagship Property Development Scheme (PDS) alongside IRS, RES, Smart City and G+2 apartments. We help clients understand options, structure acquisitions and meet every requirement.

Real estate advisory

Residential Property Schemes for Non-Citizens

  • Integrated Resort Scheme (IRS): luxury properties in resort developments; Residence Permit on qualifying purchases
  • Real Estate Scheme (RES): smaller developments; no minimum purchase price; Residence Permit for purchases of USD 375,000 or more
  • Smart City Scheme: mixed-use developments; Residence Permit on qualifying purchases
  • Ground Plus Two (G+2) Apartments: qualifying developments outside approved schemes, subject to a minimum purchase price

For the dedicated PDS route, see Property Development Scheme (PDS); for holding vehicles and permits, see Company Formation, Expatriate Services and Tax Advisory.

Our Real Estate Advisory Services

  • Overview and comparison of available property acquisition schemes for non-citizen investors
  • Structuring advice: individual ownership, company vehicle, trust, or foundation
  • Company incorporation or trust establishment for property-holding structures
  • EDB Residence Permit application support for qualifying property acquisitions
  • Liaison with notaries, legal counsel, and property developers
  • Ongoing corporate administration for property-holding companies
  • MRA tax compliance for rental income and property-related obligations
  • Advice on foreign exchange repatriation
  • Guidance on permanent residency pathways following qualifying property investments

Mauritius property market performance has been resilient, with PDS and IRS properties in particular demonstrating stable long-term capital appreciation.

Property Development Scheme (PDS)

Introduced in 2015 to replace and consolidate earlier frameworks, the PDS governs the development and sale of high-standard residential properties in approved projects subject to approval and oversight by the Economic Development Board (EDB).

Fideco provides advisory and administrative support across the PDS process from structuring the acquisition (including through companies, trusts, or foundations) through to the EDB application, permit processing, and ongoing management obligations.

What We Offer for PDS Acquisitions

  • Advisory on eligible PDS developments and the acquisition process for non-citizens
  • Structuring advice: acquisition through an individual, company, trust, foundation, or limited partnership
  • Establishment of the appropriate holding vehicle: company incorporation or trust setup (where required)
  • Trusteeship services for PDS properties held through a qualifying trust
  • Guidance on Residence Permit eligibility automatically triggered for purchases exceeding USD 375,000
  • Coordination with the EDB for Residence Permit applications linked to PDS acquisitions
  • Advisory on dependent Residence Permits for spouses and children under 24
  • Liaison with notaries, developers, and legal counsel throughout the acquisition process
  • Post-acquisition administration: company secretarial, tax compliance, and MRA filings for the holding entity
  • Guidance on VEFA contracts and payment milestone management
  • Advice on resale procedures and EDB notification requirements

Non-citizen buyers who acquire a PDS property for USD 375,000 or more receive a Residence Permit valid for the duration of their ownership. Registration duty is harmonised at a flat rate of 5%.