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Jacobs said that the island boasts excellent private schools, reputable banking systems, regulatory certainty, technology-driven government systems, as well as an efficient and linear tax system. “The effective tax rate of 15% for individuals are well below those applicable to South Africa and other countries. A significant difference is that Mauritian residents are only taxed to the extent of the money that they bring into the country. “These financial incentives, combined with the close proximity to South Africa, will likely see more people moving to Mauritius in the future." first published by businesstech.co.za Business 

More South Africans are looking to move to Mauritius

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  Staff Report The Mauritian government has made changes to investment thresholds, the extension of work, residence, retirement permits, and attractive property acquisition options. This has led to renewed interest in the country from South Africans who are looking at Mauritius as a permanent destination, says Marisa Jacobs, director at advisory service, Xpatweb. “Skilled professionals and business owners with families in South Africa are taking note of finance minister Renganaden Padayachy’s changes and adjustments for foreigners. “It is now easier to buy property, work, as well as retire on the…

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