Investing in Mauritius

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Mauritius at a glance

Mauritian economy has been registering a healthy average growth rate of 5.6 % during the last 4 years and has shown resilience during the crisis, with positive growth forecasts for 2009. The country has gone through major economic reforms to facilitate business in Mauritius, thus creating one of the most competitive fiscal platforms.

Some basic Macroeconomic indicators

 2005 2006  2007  2008 
 Real GDP Growth %

 2.3

 5.1

 5.4

 5.2

 GNI Per Capita (US $)  4314  4810  5576  6174
 Inflation rate FY, %  5.6  5.1  10.7  8.8
 Budget Deficit FY, % GDP  5.0  5.3  4.3  3.4
 Unemployment rate %  9.6  9.1  8.5  7.8

Mauritius has shown a strong ability to reinvent itself during the business cycles and this has been instrumental to its economic success;

  • In 2006, measures were introduced to radically change the country’s business landscape.
  • Business can be set up within 3 days through streamlining of processes, a system of ex-post control and silent agreement as well as an objective to move data and not people;
  • Mauritius has a vision to become a Global Platform for export of services with a world-class
    live, work and play environment.

The Mauritian workforce is young, well educated, bilingual (English/ French), skilled and productive. 23% of the population (1,272,040 in 2008) is aged between 20 to 34 years.
Professionals are trained locally as well as in reputed international universities in the UK, India, France and USA. Some 7,000 young professionals join the labour market on an annual basis. A policy decision to encourage world-class tertiary educational institutions to set up in Mauritius should further enhance availability of local competencies. Currently, the gross tertiary enrolment rate is at 41%. Government is taking action to increase this rate to 70% by 2013. In view to receiving refunds for MQA* approved training for their employees, a training levy of 1.5% on payroll is payable by companies.

Weather in Mauritius
Weather reports on Mauritius are available at the following website:
http://mbc.intnet.mu/meteo.htm

Electricity voltage

Weather reports on Mauritius are available at the following website:
mbc.intnet.mu/meteo.htm

Electricity voltage
Voltage is 220 volts.

What to wear (as a tourist)
In the winter months of June to September, carry some light woolens for the cool evenings. Visitors are requested to dress properly (no shorts, mini skirts) when visiting religious buildings and to remove shoes when entering mosques and temples.

Tipping
Tipping is not compulsory and is a gesture of appreciation from the guest.

What to wear (as a tourist)
In the winter months of June to September, carry some light woolens for the cool evenings. Visitors are requested to dress properly (no shorts, mini skirts) when visiting religious buildings and to remove shoes when entering mosques and temples.

For more information please click on the following link
http://www.investmauritius.com