Why Invest in Mauritius?
Why Invest in Mauritius?
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.
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 Investment Guide Download
Mauritius being a diverse and multicultural nation of 1.3 million people, offers a range of investment opportunities in different sectors.
Its ease of doing business ranking and stable governance creates the perfect business climate possible.
314Bn - TOTAL EXPORT (RS) GOODS & SERVICES (2022)
+7.8% - REAL GDP GROWTH RATE (2022)
Mauritius in Figures and Key Reports
Mauritius is amongst the top 20 countries in the world for ease of doing business and has over the years consolidated its leadership position in Sub Saharan Africa. This acknowledgement by the World Bank confirms that Mauritius remains a competitive and attractive jurisdiction for the international investors’ community. To further streamline processes and facilitate ease of doing business in Mauritius, the Economic Development Board, in collaboration with the European Union have officially launched the National Electronic Licensing System (NELS) on Thursday 28th March 2019.
The main objective of implementing a National Electronic Licensing System is to offer a single point of entry for application, payment and determination of business-related licences and permits.
As part of the reforms underway, a Business Process Reengineering exercise is being carried out to streamline processes for the determination of 140 business-related licenses and permits across 14 ministries. The setting up of NELS reaffirms the commitment of the Government to enhance our technological capabilities in addressing regulatory challenges.
Quality of Life
Mauritius topped the Mercer's Quality of Life Index as the African country with the best quality of life in 2019. 39 factors ranging from socio-cultural environment, to quality of schools and accomodation were taken into consideration in the index. According to World Happiness Report 2022, Mauritius is still the highest-ranking African Nation.
A vibrant culture, unique & exquisite lifestyle
Mauritius offers a quality lifestyle which combines comfort with luxury, modernity with cultural traditions, work with leisure. Mauritius is open to attract new talents, skills and technology. Foreign nationals wishing to invest, work, live and retire in Mauritius may explore various avenues either through the Occupation Permit, the Residence Permit or the Permanent Residence Permit.
Smart City Projects
The smart city projects scattered across the island are set to transform rural and urban landscape of Mauritius as we pursue our transformative journey and modern and better infrastructure. Numerous projects under mixed used development are conceived and implemented by private sector operators. They offer a powerful magnet to increase the flow of investment, creation of jobs and bring latest technology to our shores under the live, work and play concept.
Trade and Investment in Mauritius links
