Incentives & Schemes

Smart City Scheme (SCS)

Aim of Scheme

The aim of a Smart City project  is to create working, living and leisure space that will be environment-friendly; aim at generating its own resources in terms of energy and water; provide for state of the art connectivity; provide smart modern transportation; and reduce traffic congestion.

Terms and Conditions

The Smart City Scheme provides:
1. For the development of luxurious residential units of international standing on freehold land of a minimum of 1 arpent but not more than 10 hectares (23.69 arpents).
2. Commercial facilities and leisure amenities attached to the residential units developed under the scheme.
3. Day-to-day management services to the residents such as security, maintenance, gardening, solid waste disposal and household services.
4. A project under RES shall have at least 6 residential units

Eligibility Criteria for development under RES

1. Only small landowners who own land of an extent of at least 1 arpent but not exceeding 10 hectares in aggregate shall be allowed to implement a project under the RES.
2. The small landowner shall not have any direct or indirect interest in land where the total extent of land exceeds 10 hectares in the aggregate in Mauritius in any company, societe, trusts or any other body corporate or incorporate or by taking the total extent of land owned by his/her spouse and/or dependants of less than 24 years.
3. Any small landowner owning at least 1 arpent can group his land with other qualifying small landowners for a project provided that the lands are contiguous and the total real estate development area for the RES project does not exceed 10 hectares.
4. The small landowner or group of landowners shall provide a written declaration duly made by a notary public in Mauritius giving the total extent of land owned by him together with any direct or indirect interest in land he may have
5. The RES project shall be implemented by a company incorporated in Mauritius where the small landowner or group of small landowners shall be shareholder(s) in the RES company equivalent to at least the value of the land brought in the RES Company.
6. The small landowner or group of landowners shall retain shares in the RES Company until at least 1 year after completion of the project.
7. A project shall be considered as being completed on delivery of all residential units to the buyers.
8. A non citizen is not allowed to acquire land to develop a RES project but can partner with a Mauritian land owner for a RES project.

Eligibility for acquisition of residential prorerty

The following persons may acquire a residential property from a RES Company:
(a) A non -citizen of Mauritius
(b) A citizen of Mauritius
(c) A company registered as a foreign company under the Companies Act 2001 (d) A company incorporated under the Companies Act 2001
(e) A société, where its deed of formation is deposited with the Registrar of Companies
(f) A trust, where the trusteeship services are provided by a qualified trustee licenced by the Financial Services Commission

Support Agency/ies:

Board of Investment
10th Floor, One Cathedral Square Building
16, Jules Koenig Street
Port-Louis 11328
Republic of Mauritius
T: +230 203 3800
F: + 230 208 2924
E: contact@investmauritius.com
W: www.investmauritius.com