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Following the political transition in November 2024, the new government of Mauritius introduced regulatory changes to enhance the transparency and economic alignment of property transactions under the IRS, RES, IHS, PDS, and SCS schemes. Effective 13 December 2024, non-citizens acquiring residential properties must now pay 85% of the purchase price in Mauritius rupees, with the remaining 15% in either foreign currency or Mauritius rupees. These measures aim to strengthen the local economy while ensuring compliance with international financial standards.
Invest in Mauritius
13 January 2025