An obvious pro is a relatively low flat tax of 15% which is the same for personal and company income. No obligatory social and health insurance levies.
two years ago I discussed this with local lawyer oriented to expats and their taxation
Yes, it seems only good for retired people over 50.
ability to receive citizenship after 2 years
Out of curiosity, are you from Europe?
What about real estate? I could not find anything much interesting and prices are quite high. It seems that all the decent options are inside resorts.
it's worth noting that you can become tax resident immediately - it's allegedly enough to register yourself as a self-employed person in Mauritius - beware of very limited number of DTTs Maurities has signed with other countries though
Seychelles are way way more expensive and way too small for permanent stay
there are several restriction regarding ownership of properties - you can google the rules easily - long story short a foreigner can own a house only in gated communities and locations approved by the government and you end up in a prison like area behind the wall and electric fence (for you own protection of course 😉)
exactly. and this at a 3x cost for getting something similar as locals.
Enough for me to rule out Mauritius as a possible place to live
no wonder... I'm pretty curious where you'll end up though - any short list of candidates to share?
About any (extended) Caribbean country from Bermuda to Aruba has its pros and cons.
yes europe.my friends moved from luxembourg to mauritius and you are right i would not buy any RE in mauritius.
2 years with investment
your properties as a non citizen are limited correct even it changed a bit now but you are not limited in renting and security in mauritius is good which doesn't mean you can't live in a closed community if you wish
Because Dubai is an Islamic dictatorship in the desert, built by slaves, run by psychos, completely fake, with a horrible climate, a hub for money laundering, drug and arms trafficking.
exactly
