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General Category => Off topic => Topic started by: Lamak on January 11, 2016, 09:21:10 pm

Title: Mauritius
Post by: Lamak on January 11, 2016, 09:21:10 pm

I've been thinking a lot about relocating to Mauritius .

Did anyone do that yet?

I was told that it has so much better tax laws than south africa...is this true?

Does Mauritius have its own stock exchange.

I love it there mainly for the people, weather, scenery and economic stability.

Any view are welcome

Title: Re: Mauritius
Post by: czc on January 12, 2016, 08:32:59 pm

I recall the taxes being great for companies (around 3%), I think hyprop is registered there?

Stock exchange of Mauritius - http://www.stockexchangeofmauritius.com/

Title: Re: Mauritius
Post by: Mr_Dividend on January 13, 2016, 08:38:31 am

Could move there tomorrow - if I had the cash. I like the people - chilled out, smart and ambitious. Think there is a flat 10% income tax? could be wrong. Rockcastle, atlantic leaf and and I think astoria are also listed there.

Title: Re: Mauritius
Post by: Lamak on January 13, 2016, 02:39:20 pm

Pity I need to sit in a chair to earn a living else I would be there. Property seems to be very expensive. I will start digging. I know that one can take dome money from here to take to Mauritius. That option seems to be good for preserving ones hard earned wages.  Thanks for the link. I will look into it.

Title: Re: Mauritius
Post by: Moneypenny on January 13, 2016, 02:43:50 pm

I'm booked there for Feb, can't wait. ;D  (I know-I know - it's a bit off-topic, forgive me I'm just excited.)

Title: Re: Mauritius
Post by: Lamak on January 13, 2016, 03:32:58 pm

I can go there anytime. I love it there. I'm just a rad bit jealous

Title: Re: Mauritius
Post by: Orca on January 13, 2016, 10:49:02 pm

Tax rate for residents is 15% on foreign or national income and no Capital Gains Tax. Dividends are capped at 10% by the DTA. It is not a tax haven.

Title: Re: Mauritius
Post by: BussoV6 on January 14, 2016, 08:29:02 am

I think foreigners have to buy a $500,000 property in designated developments to get residency.