What is a G+2 development?
Category Buyer's Guide
The G+2 allows foreigners to invest in a condominium apartment in a building with at least two floors. The selling price must not be less than MUR6 million (or the equivalent in another currency). This legislation allows noncitizens with or without an occupational permit to invest in more than one luxury apartment and they are also able to rent it out.
For any purchase above USD375,000 (or the equivalent amount in another currency) a noncitizen may apply to the EDB for permanent residency encompassing the spouse, dependent children, and parents.
Author Buying property in Mauritius
Published 11 Dec 2020 / Views -