Schiff Sovereign's Take on Mauritius
Mauritius is an East African island situated in the Indian Ocean. Outside of Covid times, its beaches, wildlife, and natural riches attract over a million tourists per year from all over the world.
Mauritius is generally well developed, safe, and boasts a decent quality passport – in stark difference to most of the other countries situated in Sub-Saharan Africa.
The majority of its population consists of people of Indian descent. Yet the country is located about 2,000 kilometers (1,200 mi) off the southeastern coast of the African continent. So it’s hard to say where exactly it “belongs” as a country.
It’s very remote, which probably nixes it off most Westerners’ lists as a place to live. The remoteness might, of course, render Mauritius attractive if you want to live off the radar. But with a million people living there, it’s not exactly sparsely populated.
In any case, Mauritius was one of the first countries to launch a Digital Nomad Visa program, allowing you to spend an entire year in the country as a foreigner.
Then, the island is also known as a low-tax offshore jurisdiction.
The country’s offshore sector is highly tied to the Indian economy. So if you are interested in investing in India (or Africa), a Mauritius company might make a lot of sense. Wealthy Indian nationals, in particular, use Mauritius to invest outside of India, so there’s a lot of both inbound and outbound Indian money flowing through Mauritius.
The country is also a reasonable banking jurisdiction. Its banks are well capitalized and liquid, and opening a bank account there remotely is still possible.
Mauritius is generally well developed, safe, and boasts a decent quality passport – in stark difference to most of the other countries situated in Sub-Saharan Africa.
The majority of its population consists of people of Indian descent. Yet the country is located about 2,000 kilometers (1,200 mi) off the southeastern coast of the African continent. So it’s hard to say where exactly it “belongs” as a country.
It’s very remote, which probably nixes it off most Westerners’ lists as a place to live. The remoteness might, of course, render Mauritius attractive if you want to live off the radar. But with a million people living there, it’s not exactly sparsely populated.
In any case, Mauritius was one of the first countries to launch a Digital Nomad Visa program, allowing you to spend an entire year in the country as a foreigner.
Then, the island is also known as a low-tax offshore jurisdiction.
The country’s offshore sector is highly tied to the Indian economy. So if you are interested in investing in India (or Africa), a Mauritius company might make a lot of sense. Wealthy Indian nationals, in particular, use Mauritius to invest outside of India, so there’s a lot of both inbound and outbound Indian money flowing through Mauritius.
The country is also a reasonable banking jurisdiction. Its banks are well capitalized and liquid, and opening a bank account there remotely is still possible.
