Mauritius of just 1.2 m people, is increasingly recognized as one of the leading African markets for foreign investors.
Recently there is a huge increase in the number of foreigners investing in the Indian Ocean island. The sudden rise in interest from expatriates is largely attributed to a relaxing of the laws relating to buying property on the island, which set a lower threshold of $500,000 for obtaining residency on the island.
By several measures Mauritius is already the leading African economy, with the highest GDP per capital of $25,700, according to New World Wealth report. The World Economic Forum also ranks Mauritius as the most competitive market in Africa and the country ranks 25th internationally in the World Bank’s table for the ease of doing business.
Mauritius has no Capital Gains Tax, dividends or inheritance tax and a universal tax rate of 15%.