Living on a "Paradise Island" has never been easier.

Thank you for selecting Mauritius and Rodrigues Islands for your next Tropical Property Lifestyle Investment.

We specialise in Integrated Resort scheme (IRS) and Real Estate Scheme (RES) both of these are lifestyle properties investments available in Mauritius, please continue to read to see how we can make this Lifestyle a Permanent Dream.

Have you ever dreamt of growing old on a Tropical Island and own your very piece of paradise, a villa maybe? Sounds too good to be true? Well not really, Santosha Guides provide unique Lifestyle Investments Consultation and Business Services with regards to your future property investment in Mauritius. Since 2007 the Mauritian Government has been offering Permanent Residencies in Mauritius through the purchase of IRS (Integrated Resort Scheme) villa prices starts from USD$550,000.

Our Services

SANTOSHA GUIDES is now on the 1st page of Google.com, Google.com.au & Google.mu for the following keywords:

• Lifestyle Property Investment Indian Ocean Islands
• Lifestyle Property Investment Mauritius
• Lifestyle Property Mauritius
  
• Mauritius Lifetyle Invesment
• Mauritius Lifestyle Property

Secure your projects and lifetyle investment with SANTOSHA GUIDES.

A unique advantage of investing in Mauritius properties is the residency that comes with these IRS/RES.

Santosha Guides offers a personalised service, meeting and greeting you at your resort, viewing the properties on offer, selecting the most appropriate and suitable to tailor your daily needs. Our team at Santosha Guides is great at making a business meeting an enjoyable and memorable day. We organise with the right developer, a straight forward meeting with off plan viewings and a quick on-site visits. The ease of the Lifestyle Investments is a call away. Send your interests to This e-mail address is being protected from spambots. You need JavaScript enabled to view it . Our business manager will be touch in regards to all your questions and will organise the initial meeting, the bank transfer papers, the notary and lawyers cost to be involved once you agree on a Lifestyle Investments purchase.

Please contact our This e-mail address is being protected from spambots. You need JavaScript enabled to view it to secure your dream home and your chance to live on a paradise island.

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What is the Integrated Resort Scheme (IRS)?

The IRS is basically a project for the construction and sale of luxury villas to foreigners in an idyllic setting near the beautiful coastal region of Mauritius. The acquisition of a villa for residential purposes only by a foreigner under the Scheme will allow the foreigner and his family to reside in Mauritius as long as he holds the property.

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The Luxury Villas

Villas sold under the scheme form part of a complex of luxury villas of international standing with facilities including: golf course, marina and individual swimming pool, nautical and other sport facilities, health centre, catering. Maintenance, waste disposal, gardening, security and other household services are also included.

The extent of land in respect of each villa shall not exceed 1.25 arpents (0.5276 hectares). The villa can be acquired on the basis of a plan or during the construction phase.

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Residence Permit under IRS

The acquisition of a villa under the Scheme shall grant 'resident status' to the investor, his spouse and dependants. A residence permit granted under the IRS shall remain in force until such time as the non-citizen holds immovable property in Mauritius under the scheme. Application for Residence Permit shall be made at the time of applying for IRS.

Cost of a luxury villa

A minimum investment of USD$500,000 is required in the investment of a luxury villa. Out of the USD$500,000, the sum of USD$70,000 shall be extracted as payment of a fixed duty (Land Registration Duty) to the Government of Mauritius.

Who can apply to buy a villa under IRS?

Any one of the following can apply under the Scheme:

1. Non-citizen of Mauritius (including his spouse and dependants);
2. A foreign company under the Companies Act (of Mauritius) 2001;
3. A citizen of Mauritius;
4. A company incorporated under the Companies Act 2001.

Selling back of immovable property

Possible provided written notice is given to the Board of Investment 30 days prior to the sale. 'Resident status' will be lost on selling back the villa.

Investment incentives under IRS

The IRS is basically a project for the construction of luxury villas of international standing with high class amenities and facilities. This involves substantial investments and thus various investment incentives are available for companies endowed with an investment certificate under the Scheme:

1. Buyer pays fixed rate registration duty of USD$70,000 (or sum equivalent in MUR if natives or local company).
2. No authorisation from the Prime Minister's Office is required for acquisition of immovable property by non-citizens or companies registered as foreign companies under Companies Act.

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What is the Real Estate Scheme (RES)

The Real Estate Scheme (RES) is essentially a slimmed down version of the Integrated Resort Scheme (IRS) that has made such an impact on the Mauritian property market in the last two years. The thinking behind the scheme is to let smaller land owners have a share of the property development pie.  IRS development has been dominated by the large sugar companies. The benefit for investors is that RES property will be more affordable than IRS property.

Key Features:

•    Non Mauritians may purchase the property
•    The project property size must be between 1 Arpent (about 1 acre) and 10 Hectares
•    Must be freehold land - this rules out any beach front property that is usually government
owned and leased.
•    The scheme must offer commercial and leisure amenities in addition to residential.
•    The scheme must provide day to day support services such as solid waste disposal, security,
maintenance, gardening and household services
•    Only small land owners who have owned the land for at least 5 years may apply for an RES permit. 
This land owner should not own more than 10 hectares in total in Mauritius.
•    Individual sites should not exceed 1.25 arpents (about 1.25 acres).
•    There is no minimum investment value (IRS has a minimum of USD 500 000)
•    Payment for purchases off-plan shall be in installments according to construction progress.
•    The first purchaser pays registration duty of $25 000.
•    Re-sales require the purchaser to pay land transfer tax of 5% on the property value plus the
registration duty of $25,000.

USEFUL LINKS:

http://www.the-chiefexecutive.com/contractors/corporate-location/boi/

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