INTERNATIONAL INVESTMENT
THE TAX BENEFITS
OF MOVING TO MAURITIUS AND CYPRUS as compared with South Africa
Port Louis , Mauritius
60 R E L O C A T I O N
Just two years ago the International Monetary Fund ( IMF ) declared in a report that South Africans live in one of the 10 most heavily taxed countries in the world ( tax-to-GDP ratio ). Back in 2019 , the report highlighted that personal income taxes had increased by 125 % in just ten years .
Fortunately , South Africa is not the only sunny climate in which we can live – there are others that offer security , stability , and better tax rates . Here we compare Mauritius and Cyprus as alternatives for property investors .
Mauritius
Mauritius has become more than just a luxury holiday destination for honeymooners . It ’ s now a popular investment destination and financial hub offering attractive tax regimes and a stable economy , and has become very accessible to businesses as well as individuals .
Camara de Lobos , Madeira island , Portugal