Mauritius has established specific laws and regulations governing foreign land and property ownership. Mauritius has been relatively open to foreign investment, including in the real estate sector. However, it's important to understand the legal framework and potential capital control implications when considering property investments in Mauritius. Here are some key points to consider:

1. Land Tenure System:

   • Mauritius has a system of land tenure that includes both freehold and leasehold properties. Most land in Mauritius is under the leasehold system.

2. Foreign Ownership of Land:

   • Foreign individuals and entities can generally own both residential and commercial properties in Mauritius. They can acquire leasehold rights for property, but freehold ownership is typically not available to foreigners, with certain exceptions.

3. Property Purchase Process:

   • The acquisition of property in Mauritius often involves obtaining approval from the Economic Development Board (EDB), especially for transactions involving foreigners.

4. Capital Control Implications:

   • Mauritius has foreign exchange controls in place, which can affect the repatriation of funds from property transactions. The Bank of Mauritius oversees foreign exchange regulations.
   • Foreign investors may face restrictions on transferring sale proceeds and rental income out of the country, and the process may involve documentation and approvals.

5. Legal Advice and Due Diligence:

   • Legal advice and due diligence are essential when investing in Mauritian real estate to ensure compliance with local laws and regulations and to manage potential risks.

6. Investment Promotion:

   • Mauritius has actively promoted foreign investment, including in the real estate sector. Investors may find incentives and programs designed to attract foreign capital.

7. Land Rights and Titles:

   • In Mauritius, land rights and titles are well-established and secure. Property rights are typically well-protected under the law.

8. Lease Terms and Duration:

   • Leasehold arrangements are common for foreign investors, and the duration of these leases can vary. Lease agreements should be carefully negotiated and documented.

It's important to stay informed about any changes in Mauritian laws and regulations, as well as any updates to capital control policies and foreign exchange regulations. Consulting with legal professionals, financial institutions, and relevant government authorities for the most up-to-date information is advisable when considering real estate investments in Mauritius. Be aware of the specific limitations and conditions associated with foreign property ownership, and ensure that you are in compliance with local laws and regulations to facilitate the acquisition and repatriation of funds.