The Permanent Residence scheme is attracting younger people, Le Mauricien newspaper reported, citing findings of real estate developers, specialized in the sale of properties to foreigners.
“A shift has taken place. Now we are seeing an increasing number of younger families coming to buy homes in Mauritius.”
The new buyers are in their forties with spouse and children: “They look at Mauritius as a viable place to do business from and to invest.”
The island is said to be popular among South African and French clients, especially with the USD 375,000 investment threshold now in force.
The newspaper said, over the last six months, there has been a “significant increase in demand and inquiry rate” coming from South Africans.