The Property Development Scheme (PDS) is a scheme replacing the IRS and RES, set up by the Mauritian authorities which allows a non-citizen to buy properties in Mauritius. Evaco Property offers new property developments under the PDS in Mauritius, with the legal framework VEFA, where the owner pays for their villas or apartments progressively.
Mauritius is ranked among the most economically successful countries in Africa. Its political and social stability attracts thousands of tourists and investors every year.
Due to the incentives introduced by the Mauritian government, investing in real estate in Mauritius is very advantageous. These include the Property Development Scheme (PDS), an investment scheme that now includes the Real Estate Scheme (RES), the Integrated Resort Scheme (IRS) and the Integrated Hotel Scheme (IHS).
Any PDS scheme must also provide commercial and leisure space within the complex and have day-to-day facilities such as security, maintenance and garden care.
Mauritius is a popular destination for tourists because of its beautiful white sandy beaches, tropical climate and many other attractions.
However, our island doesn’t attract only, many foreigners want to settle in Mauritius, either to work or simply to enjoy their retirement.
A foreigner is eligible to obtain a permanent residence permit if they invest an amount equal to or greater than $375,000 in the acquisition of a property through the PDS scheme.
For information on real estate development, residential or land permit, investment and business schemes, tax systems and new regulations, you may read more articles on the EDB website. (Economic Development Board).
You may also have more details on the Mauritian economy and its social background.