Mauritius

Tax advantages

• 0% capital gains tax and no inheritance tax, facilitating wealth transfer.
• Corporate tax capped at 15% with effective rates as low as 3% for GBCs under partial exemption regimes.
• No withholding tax on dividends, interest, and royalties for non-residents.
• Extensive double taxation treaty network with 46 countries, including major African, Asian, and European economies.
• No wealth tax or estate duty, preserving capital for future generations.

Tax disadvantages

• Value-added tax (VAT) of 15% applies to most goods and services, increasing living costs.
• Solidarity levy of 25% on high-income individuals (annual income above MUR 3 million) may affect resident HNWIs.
• Customs duties on imported luxury items (e.g., cars, electronics) can be significant.

Residency advantages

• Multiple pathways to residency, including the Occupation Permit (for professionals), Investor Permit (minimum USD 375,000 investment), and the new Premium Visa for remote workers.
• No minimum stay requirement for the Premium Visa, allowing flexible residence without physical presence.
• Permanent residence available after three years of holding an Occupation or Investor Permit, with a path to citizenship after five years.
• Spouse and dependents included in the application, with access to international schools and healthcare.
• Stable, English-speaking environment with a strong rule of law and respect for property rights.

Residency disadvantages

• Residency permits are tied to specific conditions (e.g., employment, investment), requiring ongoing compliance.
• Citizenship by investment is not available; naturalization requires five years of residence and language proficiency.
• Limited access to local labor market for permit holders; work rights are restricted to the sponsoring employer or business.

Living quality

Mauritius offers a high standard of living with a tropical climate (average 25°C), stunning beaches, and a safe, low-crime environment. The healthcare system is modern, with both public and private hospitals, and international schools follow British, French, and IB curricula. Infrastructure is well-developed, including reliable internet, roads, and utilities. The island's multicultural society ensures a rich culinary and cultural scene, with ample opportunities for outdoor activities such as golf, diving, and hiking.

Best for

• Mauritius is ideal for HNWIs seeking a tax-efficient base for international business, investment, or wealth management, particularly those with interests in Africa, Asia, or Europe. It suits entrepreneurs, family offices, and retirees who value a high quality of life, political stability, and a sophisticated financial ecosystem. The island is also attractive for those looking to structure global assets through trusts, foundations, and GBCs.