Investing in Mauritius Property Investing in Mauritius Property | Page 7

INVESTOR ADVANTAGES
Mauritius is situated in the south-west of the Indian
Ocean, about 800 km east of Madagascar. It has an area
of approximately 1,865 km2 and is densely populated,
with approximately 1.3 million inhabitants. The island has
maintained one of the developing world’s most successful
democracies and has enjoyed years of constitutional order
since it gained independence in 1968.
INFASTRUCTURE AND CONNECTIVITY
•
•
•
•
•
A reliable and expanding logistics platform with
modern infrastructure
A well-maintained road network
An efficient port with deep-water quays
An international airport with a modern terminal, and
an airport city catering for high-value cargo
Connectivity: Mauritius is connected with the global
business by submarine fibre optic cables: SAFE and
LION.
FISCAL INCENTIVES
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Income tax, corporate tax and VAT at a harmonized rate
of 15%
Tax-free dividends
No capital gains tax
No inheritance tax
Foreign tax credit of 80%
No land conversion tax payable for non- residential
components under the SMART CITY SCHEME
A 5- year tax holiday for a company offering Global
Treasury Activities - A 5- year tax holiday for Overseas
Family Office
A 5- year tax holiday for Investment Bank
A 5- year tax holiday for International Law Firms
offering Global Legal Advisory Services
A 5- year tax holiday for a company offering asset and
fund management services and managing a minimum
asset base of USD 100 million
A 8- year tax holiday for Regional Headquarters
A 8- year tax holiday under the SMART CITY SCHEME
A 10- year exemption from income tax on all income,
inclusive of income from external sources, under the
Mauritian Diaspora Scheme
Exemption from payment of income tax on income
derived by a non-citizen, investing not less than USD
25 million
BUSINESS ENVIRONMENT
Mauritius’ political stability, transparent regulatory system
and sound governance frameworks underpin its economic
resilience. Ranked 15th on the Index of Economic Freedom,
the country has compelling attributes for companies to
expand in Mauritius and the region.
Mauritius offers:
• Seamless and transparent process for the issuance of
permits and authorisations
• No minimum capital requirement for the incorporation
of a company
• Incorporation of a company within 1 working day
• Protection of buyers and security of assets
• Rule of law and political stability
• Relaxed visa requirement
OTHER ADVANTAGES
•
•
•
•
•
•
•
•
•
•
•
Any non-citizen acquiring a residential unit above
USD 500,000 under the approved schemes is eligible
to a residence permit
A non-citizen having held a residence permit for
a minimum period of 2 years and having made an
investment over USD 5 million may apply for Mauritian
citizenship
Possibility for a retired person to acquire life rights
under the Smart City Scheme
Recognised as the most peaceful country in the sub-
Saharan Africa
Multilingual pool of qualified professionals in all
fields of business
Time zone allowing round-the-clock global
transactions
Renowned primary, secondary and tertiary institutions
No restriction on rental or resale of residential units
Well-regulated and transparent jurisdiction
Trusted International Financial Centre
100% foreign ownership
DOING BUSINESS IN MAURITIUS
In the latest report (Doing Business 2018) published by the
World Bank Group International Financing Corporation,
Mauritius ranks highest in doing business in Africa and
outclasses European nations such as France ranked 31st,
Switzerland 33rd and Italy ranked 46th and countries such
as South Africa 82nd .
Globally, Mauritius ranks 25th among 190 countries.
Also Mauritius ranks 40th in starting a business, 33rd in
protecting investors, 27th in enforc ing contracts and 5th
in paying taxes.
Mauritius also ranks 1st out of 53 states for its quality
of governance (2017 Ibrahim Index of Governance in
Africa) The non-bank financial sector includes institutions
involved in Insurance & Pensions, Capital Market
operations, Leasing & Credit Finance as well as Global
Business activities.