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14/05/24

Qualifying factors to apply for residency or citizenship on basis of property investment.. Mauritius



Minimum Investment required to buy property

 

In order to be allowed to purchase property in Mauritius, a South African or indeed any foreign buyer must follow the procedure described above. Within certain designated projects, the purchase price must be of at least 375,000 U.S. dollars, And will carry an automatic right to permanent residence in Mauritius for the buyer, his spouse, his children up to the age of 24, and even his parents. The requirements for citizenship are much more complex and onerous and depend a lot on administrative discretion. Within G+2 apartment projects, the minimum purchase price must be 6 million Rupees, i.e. approximately 150,000 U.S. dollars – however at this price there is no automatic right of residence attached.

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