Investment Policy Monitor
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
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Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
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- Mauritius - The disposal of properties by foreigners now requires prior approval
Mauritius
The disposal of properties by foreigners now requires prior approval
29 Apr 2021On 29 April 2021, the Non-Citizens Property Restriction Amendment Act 2021 (the Amendment Act) entered into force, which widens the ambit of the Non-Citizens Property Restriction Act 1975 (the Act). The 1975 Act provides that non-citizens (both individuals and legal entities) who wish to hold, purchase or otherwise acquire a property shall obtain prior authorisation from the Prime Minister’s Office (PMO).
The Amendment Act has broadened the ambit of the 1975 Act by providing, inter alia, that a disposal of property by a non-citizen (whether to a citizen or a non-citizen of Mauritius) requires the prior approval of the PMO. The definition of the term “dispose of” includes the burdening of a property with a mortgage or charge.
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Type:
- Entry and establishment (Access to land)
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Industry:
- Services (Real estate activities)
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Sources:
- Mauritius Assembly, THE NON-CITIZENS (PROPERTY RESTRICTION) (AMENDMENT) BILL, https://mauritiusassembly.govmu.org/Documents/Bills/intro/2021/bill0621.pdf, 23 Apr 2021
- JDSupra, Changes in legislative framework regulating acquisition/disposition of properties in Mauritius by foreigners , https://www.jdsupra.com/legalnews/changes-in-legislative-framework-9012896/?origin=CEG&utm_source=CEG&utm_medium=email&utm_campaign=CustomEmailDigest&utm_term=jds-article&utm_content=article-link, 11 May 2021
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.