An attractive and thriving place for business with an incomparable art de vivre, Mauritius is the perfect home to the citizen of the world. The island is often referred internationally as the “Star and Key of the Indian Ocean”. “Star” for its strategic location on the network of air and sea routes between Asia, Europe and Africa and “Key” as an international financial hub of excellence that ‘unlocks’ business opportunities and access to the African continent.
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Mauritius has the most enabling and appealing business environment in the the sub-Saharan African region. Politically stable and fully secured, the island enforces a strong independent hybrid judiciary system based on the French Code Civil and the British legal System. It has strong public and private supporting and collaborative institutions and a working democracy with a free press. Mauritius ranked among the 21 countries considered as “Full Democracy” by the Economist Intelligence Unit in 2022 and is the only country in Africa to be considered as such.
Local labour force is bilingual, often trilingual with English and French being the main languages used together with the native creole. The rate of literacy is about 93%. The opening up of the economy has had a favourable impact on the growth rate of the country with increased transfer of technology, knowledge, talents and capital. In its pursuit to become a high-income economy, Mauritius is actively encouraging foreign talents, know-how and investment into the country.
Whether you are an investor, a professional, a self-employed or a retired non-citizen, there are a number of compelling reasons to consider Mauritius as your location for doing business and living. Foreign nationals wishing to work, live or retire in Mauritius may explore various avenues either through the Occupation Permit, the Residence Permit or the Permanent Residence Permit.
Mauritius has signed and ratified more than 50 Double Taxation Avoidance Agreements (DTAA) to date with leading developed and emerging economies around the globe, thus offering a wide range of fiscal benefits and enabling efficient tax planning. Mauritius is a well position platform for investment and doing business in Africa, Middle East and Asia and is also internationally recognized for its governance framework, ease of doing business and investor friendly environment.
• Recognized IFC of Substance
• Sound legal and regulatory framework
• Economic and political stability
• Presence of International Banks and Audit firms
• Ease of doing business and investor friendliness
• Absence of Foreign Exchange Control
• Highly qualified and bi-lingual professionals and workforce (in English and French)
• Network of Investment Promotion and Protection Agreements
• Network of Double Taxation Avoidance Agreements
• Member of Regional Trading Blocs (Southern African Development Community; Common Market of Eastern and Southern Africa; Indian Ocean Commission, Indian Ocean Rim as well as qualifies for benefits under AGOA and EPA for the US and EU markets respectively)
• 15% maximum tax rate for corporates and individuals
• Low cost administration and support staff
• Mauritian Constitution is based on the Westminster model and is part of the British Commonwealth ,with English -derived laws.
• Beneficial trade links with India, China, South Africa and the United States of America
Work and Live in Mauritius
Whether you are an investor, a professional, a self-employed or a retired non-citizen, there are a number of compelling reasons to consider Mauritius as your location for doing business and living. Foreign nationals wishing to work, live or retire in Mauritius may explore various avenues either through the Occupation Permit, the Residence Permit or the Permanent Residence Permit.
Residency in Mauritius
With its warmth, secure and tropical climate, Mauritius is the place to live. If you want to work, retire, invest, or just relax, Mauritius is the place to be. Choosing to live in Mauritius will give access to multiple benefits including tax regimes, political and social stability, multiculturalism, extensive air access and many others.
For more information on work and live in Mauritius please visit www.edbmauritius.org