invest in mauritius

Why and How to Invest in Mauritius: A Practical Guide

Foreigners can invest in Mauritius by buying property, setting up a company, or investing in a business activity. These options offer benefits such as tax savings, legal protection, and a stable economy, making Mauritius a top choice for investors. Some investments also come with an added benefit of permanent residence. For instance, buying property through an approved scheme makes you eligible for a residence permit, valid as long as you own the property. Also, applying for an investor permit through setting up a company gives you 10 years with the possibility of renewal under certain conditions.

Mauritius is also known as one of the freest and most business-friendly countries in Africa. In the 2023 Index of Economic Freedom, it ranked 1st in sub-Saharan Africa and 30th in the world. The Global Innovation Index 2023 also placed Mauritius as the top country in sub-Saharan Africa for the second year in a row, ranking 52nd worldwide.

Why Invest in Mauritius?

Mauritius has positioned itself as a prime destination for investment due to several reasons:

  1. Stable Economy: Mauritius enjoys a stable and growing economy, supported by key sectors such as tourism, financial services, and ICT. The government’s pro-business policies are designed to attract foreign investment, making it easier for investors to grow their ventures.

  2. Favourable Tax Structure: Mauritius offers an attractive tax environment, with no capital gains tax, no inheritance tax, and a corporate tax rate of 15%. Additionally, Mauritius has Double Taxation Avoidance Agreements (DTAAs) with many countries, providing further tax benefits for international investors.

  3. Political Stability and Legal Security: Mauritius is known for its political stability and strong legal framework, which adhere to international standards. This ensures that investments are protected, offering peace of mind to investors who choose to invest in Mauritius.

  4. Strategic Location: Mauritius is strategically located at the crossroads of Africa and Asia, providing investors with easy access to emerging markets. Its modern infrastructure, including ports and an international airport, enhances connectivity and facilitates global trade.

How To Invest In Mauritius?

Real Estate Investment

One of the most popular ways to invest in Mauritius is through real estate. The island offers a variety of opportunities, from high-end residential properties to commercial real estate, all within regulated schemes like the Property Development Scheme (PDS). Whether you are looking at luxury villas or apartments, investing in some real estate often comes with the added benefit of getting residency. More on Mauritius real estate here.

The Mauritian government has opened up more avenues for foreigners to invest in real estate. For instance, you can now buy an apartment for as low as MUR 6 million in certain developments. Investing in a property worth at least USD 375,000 in approved schemes can grant you a residence permit, making it easier to live and work in Mauritius without the need for additional permits. This residence permit will then be valid as long as you own the property. Foreigners can also invest in properties outside the approved schemes provided that it is at least USD 500,000. To learn more about the rules of buying property in Mauritius, click here.

Investor Permit

For entrepreneurs and businesses looking to invest in Mauritius, the investor permit of 10 years is a great option. This permit is particularly appealing because it ties directly into Mauritius’s welcoming tax regime. With no capital gains tax, no inheritance tax, a maximum flat 15% corporate tax rate with no tax on dividends, you can maximise your investment returns while ensuring legal security and ease of doing business.

To invest in Mauritius through this avenue, you need to invest at least USD 50,000 in a Mauritian company. After 3 years of holding an investor permit, you can then apply for a 20-year permanent residence permit. You must also have generated a gross annual income of at least MUR 15 million for the 3 years preceding the application. Read more here.

Setting up a company

Mauritius is also an attractive destination for setting up a business. The process is straightforward, with structures like the Global Business License (GBL) and Authorised Company (AC) being popular among international investors. These entities are ideal for businesses engaged in global trade, investment holding, and financial services, allowing you to take full advantage of Mauritius’s double taxation agreements with multiple countries. More on setting up a company here.

Investing in Mauritius by setting up a company comes with several advantages, including access to a skilled workforce, modern infrastructure, and a business-friendly regulatory environment. Additionally, the island’s strategic location between Africa and Asia makes it an ideal hub for expanding into emerging markets.

Business Investment

Foreigners can also invest in Mauritius by putting in a minimum of USD 375,000 in a qualifying business activity. This will give the investors a 20-year residence permit which also offers the flexibility to work and engage in business activities without needing separate permits. These business activities include but are not limited to: agro-based industry, audio-visual, cinema and communication, banking, construction, education, tourism and warehousing. Read more here.

Investment in Financial Services

Mauritius has established itself as a financial hub in the Indian Ocean, offering a wide range of investment opportunities in banking, insurance, and fund management. The financial services sector is well-regulated, providing a secure environment for investors looking to diversify their portfolios.

Investing in Mauritius’s financial services can be highly profitable, thanks to the country’s robust legal framework and international reputation. Whether you are interested in setting up a fund or investing in securities, Mauritius provides the stability and regulatory oversight necessary to protect your investments.

 

Common Questions About Investing in Mauritius

How much to invest in Mauritius to get residency?

To get residency in Mauritius, you need to invest at least USD 375,000 in a qualifying business or real estate. This investment not only grants you residency but also allows you to take advantage of Mauritius’s favourable tax environment and high quality of life.

Are foreigners allowed to buy property in Mauritius?

Yes, foreigners can buy property in Mauritius, but there are specific schemes you must follow, such as the Property Development Scheme (PDS) or the Smart City Scheme. Buying property under these schemes, particularly those worth USD 375,000 or more, can also provide residency benefits.

How can I invest my money in Mauritius?

You can invest in Mauritius through several channels, including real estate, business activities, financial services, and company formation. Each of these options offers unique benefits, such as tax incentives, residency opportunities, and access to emerging markets, making Mauritius a highly attractive investment destination.

What are the business opportunities for foreigners in Mauritius?

Mauritius offers numerous business opportunities, particularly in sectors like tourism, financial services, real estate, and technology. The island’s pro-business policies and strategic location make it an ideal place for foreign entrepreneurs to establish and grow their ventures.

 

How we can help

TBI Mauritius is a team of immigration consultants and relocation advisors. With over 10 years in the relocation industry, we specialise in relocation services. We can assist in applying for the Investor Visa, business management services, company formation services, property investment and management services, among others. Our services extend to document verification, liaison with authorities, securing licenses, and connecting you with partners and service providers such as, management companies and real estate agents.

 

What TBI Business Advisors can do for you:
  • We will have a Zoom/ Teams call or email exchange to understand your requirements.
  • We can assist with the finding and purchasing of property, and setting up of an entity to purchase through.
  • TBI will advise on the appropriate permit or visa for moving to Mauritius.
  • We will send a detailed proposal with clear costs, timeframes and explanations.
  • We will assemble the documents and make the application on your behalf.
  • If you need assistance with setting up companies whether as an investor or just creating a business here.
  • We can assist with relocation tasks such as helping with schools, accommodation, insurance, choosing locations.
  • The directors can act as Commissioner for Oaths.
  • We can assist with other business advice and can bring in law firms as and when required.

Please contact us via our website, via email to info@tbimauritius.com or via the form below.

While every effort is made to ensure that the information given is accurate, the information on this site does not contain legal, tax or any other professional advice. We accept no responsibility or liability due to any information or representation, whether accurate or not, relied upon in the contents. It is an information guide to provide the reader with a useful general, but basic understanding of the different considerations. You must seek local legal, tax or other professional advice before relying on the contents of this site.