Invest better in Mauritius: The Glossary
There is no shortage of investment opportunities in real estate projects. Although very attractive, they can sometimes be confusing, but don’t panic! We’re here to help you see more clearly, and choose the investment that best suits your vision.
VEFA- Sale in Future State of Completion
An investment plan allowing the acquisition of a property that is to be built or that is currently under construction. The Economic Development Board recommends choosing only VEFA properties with a future completion guarantee (GFA).
SCS- Smart City Scheme
An investment plan allowing foreign buyers to obtain a residence permit in Mauritius through the purchase of a property worth USD 375,000 or more. The assets under this plan are all certified. They also benefit from a smart and holistic urbanization plan (combining residences, commercial spaces, living spaces and office spaces in a single place that promotes soft mobility).
PDS- Property Development Scheme
An investment plan allowing foreign buyers, Mauritians and the Mauritian diaspora to acquire a luxurious property like an apartment, villa or penthouse, accompanied by various services including concierge facilities.
MDS- Mauritian Diaspora Scheme
An investment plan to attract investors from the Mauritian diaspora around the world through various benefits and exemptions for properties under SCS or PDS. In addition to obtaining permanent resident status, there are certain advantages, including exemption from certain taxes, and registration fees for the first property purchased upon their return (among others).
Yield v/s return
Both formulas calculate the profits of an investment. The yield refers to the income generated, separate from the principal. It is generally calculated as a percentage. In comparison, the return on investment includes capital and all associated interest.
