Benefits of investing in Mauritius properties

Posted by Groshan Fabiola
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Because of its geographical position, located on the east coast of Africa in the Indian Ocean, with great cultural background as a result of being both French and British colony, Mauritius is known for its ethnic and cultural diversity easy to be spotted, especially in Port Louis, the most restless city of the island. Taking into consideration the numerous advantages appreciated by tourists, like the amazing landscapes and crystal-clear waters, the economy of the city had increasingly grown and much to gain from tourism. This made international investors and especially rich people turn their eyes towards this corner of paradise, in which properties are cheaper in comparison with other luxury places of the world.

Mauritius has developed a finance industry and is now an international gateway between the growing markets of Africa and Asia. In this direction, local authorities have conceived a plan of economic growth, having as foundation real estate market. Currently a popular destination among investors who seek to place their money in houses and buy property in Mauritius, which then give it for rental. This planed boom in construction led to a prosperous industry of luxury tourism. New real estate projects have the sole aim to attract local investments from other parts of the world, who are interested in destinations other than the extremely popular. Moreover, the well-planned infrastructure and the political stability come to complete and thus increase the interest of foreign investors. The prices of a property in Mauritius for sale are far below the prices of other places with similar geographical advantages, such as Maldives. Of course there has to be mentioned the laws within this island, which happen to be extremely flexible and convenient for business. As mentioned earlier, the infrastructure makes its contribution to the finance industry; therefore, international flights occupy a leading position in Mauritius. Modern telecommunication facilities as well as international banks come to meet the foreign investments. Language is a big plus, due to the fact both English and French are international languages.

In the last couple of years, the island has embraced with open arms an increasing number of foreign businessperson interested in buying a piece of heaven in this corner of the world. The value added tax, having its great importance in business as well is very small and therefore they are far more interested in purchasing either properties or hectares of land. There are a series of conditions for the companies to fulfil but they are accessible after wall. Another plus of the operating mode of the business is that is international. So whenever speaking of benefits of investing in Mauritius properties, one can say they are numerous and excellent from various points of view. Both locals and foreign investors will benefit from doing business together. The island itself is a paradise on earth and tourists will be the most excited ones. They will have excellent conditions to enjoy and an unforgettable holiday.

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