Following the budgetary measure put forward in the 2014 Budget speech, entities possessing a GBL licence (Global Business Licence Category 1) are now allowed to buy real estate properties in Mauritius if they fall under the Integrated Resort Scheme (IRS) and Real Estate Scheme (RES). Thanks to this measure, the Mauritian authorities aim at attracting more investment within the luxury residential real estate segment.
Written By Dany Gowsee
