real estate & construction
The objective of the Finance Bill is to provide for the implementation of measures announced in the Budget Speech 2021-2022. This note summarises its key proposals, which will be debated and voted at the National Assembly in the coming weeks. It aims to provide a basic understanding of the proposed measures that are relevant to
As in other countries, the sale and purchase of immovable properties in Mauritius is facilitated through real estate agents. However, until recently, the agency sector was wholly unsupervised, which meant that anyone could act or hold themselves out as an agent and consequently be paid a percentage (usually 2%) of the sale price by both
This note follows our document dated 11 May 2020, which summarised the main provisions that were proposed to be introduced through the COVID-19 (Miscellaneous Provisions) Bill. While the Bill was introduced in the National Assembly on 13 May 2020, it was passed with certain amendments made to it on 15 May 2020.
In this update note,