The Invest Hotel Scheme has been implemented by the Mauritian authorities to allow hotel promoters to sell hotel rooms, villas, suites or any other part of a hotel to foreign individual buyers. The IHS unit is managed by hotel group in charge of the hotel complex. The owner of the IHS unit is not granted a residence permit but receives a property deed ensuring him a good return on investment from the rental of the room. He is also granted free annual overnight stays within the hotel complex.
Who is eligible to buy an IHS unit in Mauritius ?
1. a citizen of Mauritius
2. a non-citizen
3. a company incorporated in Mauritius
4. a société (partnership) registered with the Registrar of Companies
5. a trust managed by a trustee licensed by the Financial Services Commission
Required investment for an IHS unit ?
• No minimum investment on acquisition of a room, suite or other part of the hotel
• Minimum investment of US$ 500, 000 for a stand alone villa
Source : wikipedia.com / lexpressproperty.com
Written By
Dany Gowsee
