Rs 152 Billion of FDI stock from the property market in Mauritius

admin August 28, 2024

The real estate sector in Mauritius has consistently attracted significant foreign direct investment (FDI) over the years. According to the Economic Development Board (EDB), real estate activities accounted for 47% of the country’s total FDI stock between 2006 and 2023, amounting to an impressive Rs 152 billion.

Residential schemes: a key driver of FDI growth

A major portion of this investment has been driven by residential schemes like IRS, RES, IHS, PDS, SCS, and G+2. These schemes contributed 70% of the real estate FDI, totaling Rs 107 billion. From 2006 to 2023, residential schemes alone represented 33% of the overall FDI stock in Mauritius.

Source : EDB Mauritius

FDI growth and the role of real estate

Since 2015, the real estate sector has continuously secured a larger share of Mauritius’ FDI inflows. This rise is linked to the introduction of more residential schemes that have attracted global investors. In 2023, FDI in Mauritius hit a record Rs 37 billion, with Rs 14 billion attributed to residential schemes and a peak Rs 21 billion from overall real estate activities.

The property market’s ongoing appeal 

The property market remains a powerful magnet for international investors. As the demand for luxury residential properties increases, Mauritius is reinforcing its status as a top investment destination.

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