Blog

Mauritius Budget 2021 changes for expats relocating to, and investing in Mauritius

There have been a number of measures announced in the latest budget on 11 June 2021. Not all of the measures make it into law in the precise way they are drafted in the bill, or at all. The obvious example from last year is spouses being able to work which was announced in last year’s budget and was never enacted into law.

2021 – A seismic shift in the Mauritius tax landscape

Today we have a fascinating article from Caoilfhionn van der Walt from our African tax partner Regan van Rooy (RvR) about the impending cessation of the grandfathering provisions for GBC 1s and 2s. The article covers the changes, the options and how to move forward. There are thousands of Mauritian offshore companies that need to…

Mauritius and COVID-19

We are frequently asked by our clients around the world as to the situation in Mauritius. We go through succinctly below the restrictions that there are in place, how COVID has affected business in Mauritius, and where the opportunities in Mauritius currently are. Unfortunately Mauritius has just entered a 2 week lockdown as of 10.03.21 with several cases on the island.

The New Premium Travel Visa in Mauritius

With no more than a handful of organic COVID cases over the last 7 months, Mauritius has faced the difficult decision as to how to open up the borders, whilst keeping the country safe. It has maintained its cautious approach and promoted an interesting option for those remote-working individuals or retirees that just want a year (renewable) in a country where there is no…

Good news for Expats in Mauritius

The Mauritius Budget 2020 has arrived and the good news for expats is that it is going to be much easier to move to Mauritius, to live and work here, and to stay here for longer. There is a potentially large pothole in the road if the Solidarity Levy is applicable to non-Mauritian residents but at face value it is not for now. The first thing that must be borne in mind is that some measures announced in Mauritian…

Manufacturing in Mauritius and the incentives to export and trade from Mauritius

Mauritius is an established manufacturing hub, nestled conveniently on the trade route between Europe, Asia and Africa. The two main products dominating this industry in Mauritius over the last few decades were textiles and sugar. In recent years the offering has become more diversified and a multitude of…

Bank Accounts in Mauritius

It looks like COVID-19 did not disrupt the banking, financial and offshore sectors in Mauritius too much. Although the virus spread has was contained in Mauritius, the economic ramifications of the global shutdown are not to be underestimated. Our aim with this article is to say what can be set-up remotely during the lockdown, what options there are in terms of Mauritius bank accounts and…

Our simple Guide to Residency and Permits in Mauritius

Mauritius has a very diverse ecosystem and is proving a very popular place to relocate to and retire. It is still considered by some across the globe as a honeymoon destination. However, a substantial financial services industry with a focus on FinTech, and bustling real estate opportunities means that there are many business and investment opportunities…

Formation of Offshore Companies in Mauritius

We have attempted to provide some information on what options people have for company formation and registering businesses in Mauritius, including both offshore companies and domestic companies. We try and go through a few of the benefits of the jurisdiction, the different options there are, and points to consider along the way. This is neither…

Beware of the South African expat tax!

SA expats will need to make some decisions on their financial future as a tax of up to 45% looms on the horizon through a change in the law. As the founders at TBI are from the UK and based in Mauritius, many of our friends and clients are from SA and have been looking for guidance.