Mauritius: living an island lifestyle at its best

Though relatively smaller, island-nations like Mauritius offer many things big. Firstly, living in Mauritius offers a nature’s bounty that stands out amongst the world’s best.

Head-to-head with the islands of bigger countries, Mauritius emerged No. 6 in the world’s 2020 best-island ratings. This ranking also showed Mauritius as one of just three island-nations in the roster. (Sri Lanka and Anguilla are the two other island-countries rated tops in the popular, New York-based magazine Travel + Leisure.)

The island-nations’ natural setting allows for a lifestyle less stressful than that typically associated with large, urbanised countries. An island’s laid-back environment thus provides more plentiful opportunities for leisure and time with the family.

Replicating big-league growth

Although island life typically rolls easy, you can grow a career or build wealth within an island’s economy. Small island-nations can do as well (or even surpass) bigger countries in terms of economic development, one study suggests.

Authors Shahid Yusuf and Kaoru Nabeshima expounded on this premise in their book Some Small Countries Do It Better. One growth recipe they examined was that of the island-nation of Singapore, a winning formula that Mauritius has been ably replicating.

Island economies, like Mauritius, typically have limited local resources. For this reason, these island nations formulate programmes to attract expat talents and foreign investors.

Foreigners’ incentives liberalised further

Significantly, Mauritius has further liberalised its policies to attract foreigners qualified to contribute to growing the country’s economy. Noncitizen can now be granted an occupation permit (OP) if a minimum of USD50,000 is transferred in the bank account of the company under which the application is made.

There is a range of price points too by which foreigners could buy a residence in Mauritius. The choices start from the easier price levels of G+2 apartments up to the luxury villas of the Integrated Resort Scheme. Two other programmes allow foreigners to purchase residences on the island: the Real Estate Scheme and the Property Development Scheme.

Furthermore, professionals with an OP are also now allowed to invest in the country without any shareholding restriction. Foreign retirees living in Mauritius with a residence permit can likewise avail of this same privilege.

There are many more ways to benefit from island-living in Mauritius, especially with a property purchase. Book an appointment with a 2Futures consultant for deeper insights on the joys of owning a property on the island.

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