Knowing the investment potential that Mauritius offers to foreigners, the government of Mauritius created an investment promotion agency, otherwise known as the Mauritius Board of Investment (BOI). The task of this division is to mandate investment into Mauritius, as well as promote doing business and encourage live-work opportunities within the country.
It was reported in May 2016, that the BOI was planning to open a Johannesburg office in the near future. Niramala Mahadeo-Jeetah from the BOI shared with MoneyWeb, “The objective of opening up the office, together with the Ministry of Foreign Affairs, is to create more visibility about Mauritius, about the investment opportunities that it provides and how best the Board of Investment can facilitate investment in Mauritius.”
It has been noted that Mauritius counts South Africa as one of the main regional markets, especially as 21.7% of the property investment market in Mauritius comes from South Africa. It has been estimated that South Africans make up one fifth of the foreign direct investment in Mauritius. Having the BOI set up an office in Johannesburg, gives South Africans the upper hand in identifying investment opportunities in Mauritius, along with advice on means of creating businesses and relocating to Mauritius.
Invest in Mauritius, a Rainmaker Marketing initiative, is working with the Mauritius Board of Investment to help South Africans further understand and identify investment opportunities through property purchasing, along with other investment initiatives.
For more information about the Mauritius Board of Investment: http://www.investmauritius.
