The special report on Mauritius highlights the country’s inherent strengths that shape a resilient and forward-looking economy, making it a go-to destination for cross-border investments, an ideal location for doing business and a sought-after hub for lifestyle and tourism.
Positioned as a gateway to Africa, Mauritius has a dynamic economic environment which thrives on a strategic geographic positioning, a talented workforce, investor-friendly policies, regulatory excellence–all within a setting that offers an exceptional quality of life, from pristine beaches to world-class leisure, culture, and gastronomy.
As of July 2024, Mauritius had a population of 1,259,509 and recorded a real GDP growth rate of 5.1% for the year. The country benefits from a robust framework of bilateral agreements, with 53 Double Taxation Avoidance Agreements and 44 Investment Promotion and Protection Agreements, strengthening its appeal as an investment hub. Located in the GMT+4 time zone, Mauritius offers a highly favorable tax regime, and is free from capital gains tax, estate duty, and inheritance tax.
Consistently ranked first in Africa across multiple global indices, including the Good Government Index, Global Innovation Index and Global Peace Index, Mauritius stands out for its stability, strong governance, and investor-friendly environment.
One of the key drivers of the region’s economic renaissance is the Mauritius International Financial Centre. Strategically positioned at the crossroads of Africa and Asia, it has evolved into a vital bridge connecting the financial markets of the East and West, while serving as a gateway for trade, investment and capital flows into Africa.
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The report features valuable insights from government leaders, industry experts, and key players working together to accelerate the diversification of economic pillars, fuelling the next wave of growth and transformation for a sustainable Mauritius, a country that nurtures ideas, drives growth and champions aspirations.
Ministry of Financial Services and Economic Planning | CIEL | Dentons | Mauritius Commercial Bank (MCB) | Stewards Investment Capital | 2Futures
Key Contributors
Ministry of Finance | Ministry of Tourism | Accenture | African Leadership University | MITCO | Oak Group | Peach Payments | Standard Chartered Bank (Mauritius) | TDB Group | Trident Trust
Collaborators
Contentify | Think Interactive | GDC Photos
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A Meaningful Mauritius – In the Words of Key Leaders
“Our financial sector’s capacity to adapt and innovate is central to Mauritius’ success as an International Financial Centre. By embracing digitalization and sustainability, we continue to be a beacon of resilience and opportunity for investors.”–Dr Jyoti Jeetun, Minister of Financial Services and Economic Planning
“As Mauritius continues to strengthen its position as a key business enabler between Africa and the world, its evolution as an IFC will be focused on facilitating higher capital flows into Africa, the expansion into specialized financial services like fintech, digital assets, and sustainable finance and the adoption of advanced technologies, alongside reinforcing cybersecurity.”–Thierry Hebraud, CEO of Mauritius Commercial Bank
“Mauritius stands as a beacon of stability, transparency, and opportunity in an ever-changing global investment landscape. For investors looking to harness the growth potential of Africa, Mauritius has a unique proposition, that of being both a springboard to the African continent and a final destination.”–Priscilla Balgobin-Bhoyrul, Senior Partner & Chairperson of Dentons Mauritius
“Mauritius provides a robust regulatory framework, a prime strategic location, and a highly attractive investment climate, all of which are instrumental in driving growth and attracting global partners.”–Group Chief Executive Guillaume Dalais of CIEL
“Mauritius is drawing increasing interest from African investors, particularly those looking to secure permanent residency through real estate. With a minimum property purchase of USD 375,000, investors and their families can obtain residency, making it an attractive option for those seeking stability and long-term opportunities.”–Junaid Salehmohamed, Chief Executive Officer of 2Futures
“The Mauritius International Financial Centre remains instrumental in bridging global markets, offering a stable, well-regulated, and business-friendly environment for international investors. Leveraging the advantages of the Mauritius IFC, we work toward shaping a ‘Meaningful Mauritius’– one that nurtures financial excellence, innovation, and lasting impact.” –Bilal Adam, Chief Executive Officer of Stewards Investment Capital
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