Thanks to its decades of steady economic growth and business-friendly policies, Mauritius has become a popular destination for foreign investments.
According to recent reports, Africa Wealth Report 2023 by Henley & Partners, the growth projections for Mauritius are strong. The country is expected to experience wealth growth of 75% over the next decade (to 2032), making it the fourth fastest growing country in the world over this period in millionaire growth. It shows that Mauritius is one of the fastest-growing economies on the continent and a top choice for global investors.
Investing in Mauritius comes with several tax advantages, including a low corporate tax with personal tax rate and access to a network of double taxation avoidance agreements. This makes the country an attractive destination for investors.
The country is politically and economically stable, has a skilled labour force, a low unemployment rate and a competitive and well-diversified economy. Mauritius is part of international organisations such as the World Trade Organisation, La Francophonie and the Commonwealth.
The time zone (GMT +4 ) is also convenient for conducting business if you relocate to Mauritius.
The government has invested heavily in improving roads, telecommunications and Internet access throughout the country, making it easier to do business here. The airport and port can easily handle cargo and passenger traffic, and there are daily connections to the rest of the world.
Mauritius has one of the highest literacy rates in Africa and has a young, well-educated, bilingual workforce. Training in Mauritius is available, tailored to specific business needs.
Mauritius is the perfect place to create a new lifestyle. With its beautiful beaches and breathtaking nature, it is easy to create an ideal balance between work and life.
When asking yourself, ‘why invest in Mauritius?’ there are several key factors to consider. For individuals considering a lifestyle change, leisure, safety, healthcare, education, and climate are likely important considerations. Economic stability, air connectivity, digital access, banking convenience and ease of doing business are critical decision factors for those looking to invest for business reasons.
Investing in Mauritius is a great way to diversify your portfolio and gain exposure to a growing economy. Buying selected properties, investing in the stock market or starting a business are just some of the investment options. You can also relocate to Mauritius through various investment channels.