The National Budget of Mauritius for 2021-22 was presented on 11 June. Read the highlights below :
IRS / RES sales
The Government of Mauritius has decided to bring down registration duty on the purchase of an Integrated Resort Scheme (IRS) residential property to improve the competitiveness of foreign investment and create a more level playing field with the island’s other real estate schemes. The new amount payable will be 5% of the net selling price up to $70,000. To help you make the most of this opportunity, Heritage Villas Valriche has reduced the price of a selection of its last remaining plots from $420,000 to $367,500. There’s never been a better time to invest in a great location.
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