investment

Real Estate Acquisition Reform in Mauritius, What Non-Citizens Need to Know !

Introduction: Mauritius is implementing significant changes to its real estate acquisition rules for non-citizens. A new legislation, named the NCPR Act, redefines the opportunities and restrictions for property purchases by non-citizens in the country. Summary of the NCPR Act: The NCPR Act strictly governs the conditions under which non-citizens can purchase real estate in Mauritius. The key points...

Mauritius Best Places To Work Remotely

Mauritius has been named one of the best places to work remotely in 2024

If you could work from abroad while enjoying the country's assets in your free time, would you take the plunge? At least that's what the latest Work From Wherever Index advises: "Swap gray cityscapes for olive groves, sunsets over the sea or bustling metropolises. Let our index show you which countries are best for remote work and travel experiences." This ranking, counts 111 countries, selected...

Mortgages for people aged 60 and over

Mortgages for people aged 60 and over

Nowadays, the age of 60 is no more considered as the age of retirement only, with people continuing to work until they are 70. It is no longer impossible to get a mortgage at the age of 60, provided you meet the financial requirements. It is illegal for a mortgage lender to reject your application because of your age. If you are retired or approaching retirement, you will need to provide evidence of a...

These citizens in exile because they no longer recognise France.

In exile because they no longer recognise France.

These citizens who love their country but find themselves caught between the choice to stay or to leave, because they no longer recognise the country of their youth or the one their parents often spoke of. There is a growing concern among these citizens between the aggressions, burglaries, incivilities, trafficking, rise of communitarianism, and the "fracture of society", and some people prefer to...

Mauritius ranks as the happiest country in Africa

Mauritius ranks as the happiest country in Africa

Statistical analysis was used to determine the happiest countries by the United Nations Sustainable Development Solutions Network. The report ranks 146 countries according to their overall well-being, from the happiest to the most unhappy. Professor Christopher Barrington-Leigh of McGill University in Quebec also contributed to the report as a researcher, saying in a statement that the World Happiness...

Mauritius is ranked sixth in the list of the ten best places to retire

Mauritius is ranked 6th in the list of 10 best places to retire

Just like every year, "Retraite sans frontières" establishes a ranking of the best places to retire in 2022. In order to establish this ranking, the founder of the website, Paul Delahoutre, took into account 12 different factors such as the cost of living, real estate value, medical care, cultural heritage and gastronomy among others. In addition, more than 100 retirees responded to a questionnaire aimed...

Good news for Mauritius: Mauritius has been removed from the FATF’s grey list after implementing enhanced AML/CFT measures.

The Financial Action Task Force (FATF) has confirmed the removal of Mauritius from its list of jurisdictions under enhanced scrutiny due to strategic AML/CFT deficiencies This is great news for Mauritius and will help ensure that the country continues to play a key role in facilitating foreign direct investment on the African continent.

Mauritius, a sanctuary for retirees and for those who wish to change their life!

Expatriate in Mauritius for a few years, our dream had become reality!We lived and worked on an island far from the megacities, an island where time had stopped despite an obvious willingness of the Government to open the country to foreign investments.  When you arrive in Mauritius, you have this strange feeling of quietude and well-being and you are surprised by the clarity and brightness of the azure...

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Particular Case
The Regulatory Sandbox License (RSL) allows an investor to undertake a commercial activity for which there is no legal structure or suitable regulations under Mauritius' existing legislation. The RSL will be provided by the Economic Development Board to qualifying firms that want to invest in innovative projects for a fixed amount of time under a set of agreed upon terms and conditions.

Eligibility
Any investor with an innovative concept for which there is no legal framework or sufficient measures to cover its materialization can submit a full application for the issuance of an RSL. The applicant must be able to demonstrate the creative character of the project on a local, regional or global scale.