08 June 2011

Investment property opportunity in Mauritius

In 2002 the Mauritian Government took the decision to open the market for buying property to foreign buyers on a restricted basis through a project Integrated Resort scheme (IRS). The IRS which permits the construction and sale of Luxurious villas in particular locations.

Under this scheme Outsiders are permitted to buy a property with a minimum investment of $500, 000. Once you have acquired a property, you, your spouse and family are granted resident status as long as you own your property.

Tourism in Mauritius is thriving and with a great demand for holiday apartments the expected rental yield for such prestigious property are promising.

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