There are numerous reasons to buy land in Mauritius: professional expatriation or retirement, investing with a view to moving in in later years or for leasing, tax benefits … the PDS programmes are the only means for foreigners to purchase real estate in full ownership in Mauritius today.
The purchaser automatically gains the status of permanent resident if the purchased real estate costs 500,000 USD or more, as is the case at Mythic Grand Gaube. Permanent residency is also applicable to the spouse and children up to 24 years old. Permanent residency is directly linked to the real estate. In case of resale, the permanent resident status is attributed to the next purchaser.