Mauritius has become one of the most attractive destinations in the Indian Ocean for international property investors. Over the past two decades, the government has introduced a series of structured investment schemes that allow foreign nationals to purchase freehold property on the island, enjoy an exceptional lifestyle, and in many cases, secure long-term residency rights.
At STE Luxury Estate, we guide our clients through every step of this process. Below is an overview of the main schemes available to foreign investors: IRS, RES, IHS and PDS.
IRS – Integrated Resort Scheme
The Integrated Resort Scheme was designed to open the door to high-end freehold real estate for non-citizens. Under this scheme, investors can acquire luxury villas or premium apartments located within private resort developments, typically starting from an investment of USD 375,000.
Properties under the IRS are usually part of larger residential resorts offering a full suite of lifestyle amenities — think golf courses, fine dining, wellness spas and private beach access. In addition to the purchase price, buyers are required to settle a government registration duty of USD 70,000.
One of the most compelling advantages of the IRS is that it opens the path to a Permanent Residence Permit for the buyer and their immediate family, making it a popular choice among investors seeking both a home and a long-term base in Mauritius.
RES – Real Estate Scheme
The Real Estate Scheme offers a more flexible entry point for foreign buyers looking to own property outright. RES developments are generally built on smaller land parcels, ranging from roughly 4,220 m² up to 10 hectares, making them ideal for boutique residential projects.
As with the IRS, investors whose purchase exceeds USD 375,000 also become eligible for a Permanent Residence Permit, giving them the right to live in Mauritius for as long as they retain ownership of the property.
IHS – Integrated Hotel Scheme
The Integrated Hotel Scheme allows investors to purchase units within a hotel development on a freehold basis — whether that’s a room, suite, apartment or standalone villa. This scheme is particularly attractive to those interested in a hospitality-linked investment with potential rental returns through the hotel’s management structure.
It’s worth noting that, unlike the IRS and RES, the IHS does not carry residency benefits for the buyer.
PDS – Property Development Scheme
The Property Development Scheme was introduced as a modernised framework that effectively consolidates and replaces the IRS and RES for new developments. It is open not only to foreign investors but also to Mauritian citizens and members of the Mauritian diaspora.
The PDS reflects a stronger regulatory approach from the authorities, placing greater emphasis on environmental responsibility and positive integration with surrounding communities. Buyers benefit from living in secure, well-managed developments, and just as with the earlier schemes, a Permanent Residence Permit is granted when the property’s value exceeds USD 375,000.
Why This Matters for Investors
Together, these schemes have transformed Mauritius into a genuine option for global investors — combining freehold ownership, a favourable tax environment, and a clear pathway to residency, all within a politically stable, English- and French-speaking island nation known for its natural beauty and quality of life.
Whether you’re drawn to a resort villa under the IRS, a private residence through the RES, or a modern PDS development, the right choice depends on your investment goals, lifestyle preferences and residency needs.
Looking to invest in Mauritius property? At STE Luxury Estate, our team can help you navigate these schemes, identify the right property, and manage the process from start to finish. [Get in touch with us today] to explore current opportunities.
