The financial sector, major factor of the Mauritian economy

Mauritius Island is an ideal destination for tax optimisation projects: Mauritius offers many benefits:
An integral part of the Mauritian economy, the share of the Mauritian financial sector is estimated at 12 percent of the gross domestic product (GDP) of the country, just behind the almighty tourism sector.

Mauritius is today the second largest foreign investor in India (Times Of India – Foreign Direct Investments share).

With a flexible jurisdiction and an advantageous tax system, Mauritius attracts an exponential number of Western investors. The acquisition of a permit of residence or a work permit is made easier for foreigners who benefit an administration that is entirely dedicated to them: the Mauritius Board Of Investment (BOI). Mauritius real estate, materialised by the Integrated Resort Scheme (IRS), also helps promote the coming of foreigners through the purchase of luxury villas, whose investments are legally deductible from the french wealth tax.

Three types of work permits, allowing fail-overs of tax residence are offered: the investor permit requires a contribution of $ 100,000 on the Mauritian territory, self-employed status (self-employed) demand proof of possession of $ 35,000 on a local personal account and employee status (professional Occupation Permit) requires the collection of a monthly salary of 1600 euros (60,000 rupees).

Opportunity for the Mauritian economy

The arrival of investors foreigners boosted job creation and GDP of the country. It is also often synonym of local pay, foreigners being accustomed to highest remunerations in their countries.