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Ground +2 Scheme - G+2

The Non-Citizens (Property Restriction) Act allows foreigners to purchase apartments in condominium developments of at least two levels above ground (G+2) with government approval. A luxury apartment investment here will cost at least MUR6 million or its equivalent in any other freely convertible foreign currency, while a purchase of a minimum of USD375,000 allows the buyer to become eligible for a Mauritian Residence Permit. This legislation allows noncitizens with or without an occupational permit to invest in more than one luxury apartment. They are also able to rent it out.

See also

IRS Projects
RES Projects
PDS Projects
Local Projects
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