May 22, 2021

The authorisation from the Prime Minister Office to dispose of an immovable property by Non-Citizens

The main object of the non-citizens (property restriction) (Amendment) Bill is to amend the Non-Citizens (Property Restriction) Act to provide that a foundation, under the Foundations Act, which has a person who is not a citizen of Mauritius as a founder, a beneficial owner, an ultimate beneficial owner or a beneficiary, shall not hold, dispose of, purchase or otherwise acquire property without prior authorisation under the Act.

 

Following the enactment of the Non-Citizens (Property Restriction) (Amendment) Act 2021 on the 29th of April 2021, non-citizens who intend to dispose of an immovable property acquired under the following categories shall seek the authorisation from the Prime Minister’s Office (PMO):

 

  1. under the Integrated Resort Scheme (IRS), Real Estate Scheme (RES), Property Development Scheme (PDS), Smart City Scheme (SCS) or Invest Hotel Scheme (IHS);
  2. for business purposes;
  3. for residential use, an apartment located in a building of at least 2 floors above ground floor (G+2);
  4. for construction of residence on a plot of serviced land from a Smart City Company; or
  5. in a residential care home.

 

For more information, we invite you to contact the business development team on bd@mitcoworld.com or phone them on + 230 404 8000

 



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