Service

Property Development Scheme (PDS)

Mauritius' flagship residential property programme for foreign investors — a regulated pathway for non-citizens to own freehold property and, in many cases, obtain a Residence Permit linked to ownership.

Property development scheme

Overview

Introduced in 2015 to replace and consolidate earlier frameworks, the PDS governs the development and sale of high-standard residential properties in approved projects subject to approval and oversight by the Economic Development Board (EDB).

Fideco provides advisory and administrative support across the PDS process — from structuring the acquisition (including through companies, trusts, or foundations) through to the EDB application, permit processing, and ongoing management obligations.

What We Offer

  • Advisory on eligible PDS developments and the acquisition process for non-citizens
  • Structuring advice: acquisition through an individual, company, trust, foundation, or limited partnership
  • Establishment of the appropriate holding vehicle: company incorporation or trust setup (where required)
  • Trusteeship services for PDS properties held through a qualifying trust
  • Guidance on Residence Permit eligibility — automatically triggered for purchases exceeding USD 375,000
  • Coordination with the EDB for Residence Permit applications linked to PDS acquisitions
  • Advisory on dependent Residence Permits for spouses and children under 24
  • Liaison with notaries, developers, and legal counsel throughout the acquisition process
  • Post-acquisition administration: company secretarial, tax compliance, and MRA filings for the holding entity
  • Guidance on VEFA contracts and payment milestone management
  • Advice on resale procedures and EDB notification requirements

Key PDS Facts

Non-citizen buyers who acquire a PDS property for USD 375,000 or more receive a Residence Permit valid for the duration of their ownership. Registration duty is harmonised at a flat rate of 5%.