Acquiring a property for business purposes
The Non-Citizens (Property Restriction) Act regulates foreign ownership of land and buildings. It applies to everyone who is not a citizen of Mauritius.
A non-citizen, with an authorisation from the Board of Investment, can acquire or lease an immovable property for business purposes.
The immovable property can be acquired by a company, trust or partnership or by the non-citizen’s own name.
Authorisations are granted where the business activity is for:
(a) the development of high activity commercial use building including, but not limited to, shopping mall, office building or warehouse, for own use, sale, rental or lease;
(b) the development of residential properties developed under the Property Development Scheme; and
(c) any other activity carried out for reward, gain or profit but excluding the acquisition for resale or lease or rental of any bare land or serviced land.