About Real Estate Scheme
What is Real Estate Scheme (RES)?
The RES, an extension of the IRS, is a new scheme which has been introduced by the Government of Mauritius at beginning of December 2007 to allow the development of any mix of residences for sale mainly to non-citizens on freehold land of an extent of at least 1 arpent but not exceeding 10 hectares. The thinking behind the scheme is to let smaller land owners have a market share of the property development pie which was predominantly dominated by large sugar companies via the IRS development.
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