26 Apr 2024
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Investing in Mauritius
Stable Economic Environment
Mauritius is a rare example of social peace and unity in a multi-cultural society.
Mauritius is also a safe place to live - Mauritians enjoy freedom of expression and of religion. There is also freedom of the press with the presence of dozens of dailies and weeklies.
Mauritius has also enjoyed healthy political stability ever since its independence in 1968. The Government is democratically elected every 5 years.
The present government is set to take the country into yet another leap into its future. It has considerably opened its market to foreign investment and the island is currently experiencing huge growth in property, tele-communications and financial services.
The result is that Mauritius is emerging as an economic powerhouse in the Indian Ocean. Politically stable and well governed, Mauritius won the first annual Ibrahim Index of African Governance. ”Doing Business 2013” ranked Mauritius as the number one African country in terms of ease of doing business and 20th worldwide.
The Mauritius Advantage
- Favourable time zone (GMT +4)
- Attractive fiscal policies
- 34 active Double Taxation Avoidance Treaties (DTAs)
- No exchange controls
- An efficient banking system
- A stock exchange opened to foreign investors
- Reliable and modern infrastructure - roads and IT networks
- New open Air Access policies - consolidating ties with emerging economies in China, India and Russia
- Efficient telecommunications system ( connected to SAFE fibre optic network)
- Availability of qualified labour force - bilingual in English and French. Mauritius has the highest literacy rate in Africa.
- Occupation residence permits granted in three days
Mauritius Tax Information
Investors who purchase freehold property in Mauritius are entitled to utilize the favorable fiscal environment and low tax rates offered by Mauritius and to benefit from the double taxation treaties the country has signed with 34 other countries. Mauritius is one of the best administered economies in Africa and offers an ideal environment in which to do business. This is partly due to the level of taxation, with a flat corporate tax rate of %15 and tax residents in Mauritius are also subject to a flat rate of %15 on income earned or otherwise repatriated to Mauritius.
Key Tax Benefits - A Tax Haven
- Double taxation avoidance treaties with 34 countries
- 15% corporate and individual tax rate
- Low Capital Gains and Inheritance Tax
- No tax on repatriation of dividends and capital
- No import duty on material and equipment required for IRS and RES projects
- Buyers qualify for Permanent Residency.
Investment Pack Rental Pool
As the owner of a freehold property of RES Projects in Mauritius you are offered the opportunity to participate in a rental pool.
If you decide to participate, income from the rental pool is expected to cover levies, in addition to the possibility of earning a meaningful return on your property.
You can rest in the knowledge that your property pays for itself and will likely provide excellent capital appreciation when you sell in years to come. Enquire ASAP about special offers we have on various RES Projects. Perfect for residency or investment benefits.
Help on Financial & Legal Aspects Regarding My Purchase?
Mauritius has numerous reputable firms in the Financial Services Sector that provide this service. We can provide you a Full assistance in this regard and we can assist in arranging an appointment with banks and notaries.
