What is an Integrated Resort Scheme (IRS)?

In 2002, the Mauritian government, in collaboration with the Economic Development Board (EDB) launched a luxury residential programme aiming to attract foreign investment: the Integrated Resort Scheme (IRS). The scheme gives the opportunity to foreigners to buy a freehold property in Mauritius within an integrated residential development with a minimum investment of USD 500,000 (excluding taxes). IRS developments abide by certain guidelines:


• Minimum of 10 hectares residential estate
• High-class leisure, commercial amenities and facilities
• Management services (security, maintenance…)
• Social contribution to neighbouring communities


Upon investing in such real estate programme, property owners are entitled to a residence permit as well as the Mauritian tax resident status (when residing on the territory for a minimum of 183 days per year). Today, all new real estate projects opened to foreign investors are developed under the Property Development Scheme (PDS) which has replaced the IRS and RES.