Destination: Mauritius

or The art of living in the tropics

Current Node

Mauritius in a few words

Total surface area: 2,040 km2

Population: 1.3 million

Languages: French, English & Creole

Climate: Tropical

Employment rate: 92%

GDP growth rate: 4%

GDP per capita (PPP-based): $ 21,600

Currency: Mauritian rupee

Extensive flight connectivity: Served by more than 20 major airlines

  • Mauritius in a few words
Current Node

About Mauritius

Mauritius, your own corner of paradise

Named after the Dutch prince Maurice van Nassau, Mauritius has an area of 1,865 km2 and measures at its largest points 65 km long and 45 km wide. Its population is a little over 1.3 million and its capital Port Louis. A republic since 1992, Mauritius is the most prosperous of the Indian Ocean islands and the countries of the African continent. One of its secrets is top-range tourism, respectful of the environment.

Known as the star and key of the Indian Ocean, Mauritius has achieved a remarkably successful economic performance, moving from the status of developing country to that of a newly industrialised country. It has brought about significant structural changes over the past thirty years in order to adapt to the conditions of a modern economy. Originally an agricultural economy relying solely on sugar cane cultivation, the country set out to diversify its economy by developing sectors such as textiles, tourism and financial services. As a result of the economic stability thus achieved, the island has become a hub for the African and Asian regions.

In 2010 Joseph Stiglitz, the Nobel laureate in Economics, highlighted the way the country faced up to the world financial crisis, describing it as a “Mauritian miracle”. In 2017 the growth rate of the Mauritian economy was 4%. The banking sector is particularly well developed with 21, of which 5 local banks, 10 foreign-owned subsidiaries, 1 is a joint venture, 4 are branches of foreign banks and 1 is licensed as a private bank. Two local banks, the Mauritius Commercial Bank and the State Bank of Mauritius, dominate the market but subsidiaries of the big international banks such as Barclays Bank, the HSBC, the Standard Chartered Bank and the Deutsche Bank are also present. Mauritius also has a stock exchange, the Stock Exchange of Mauritius (SEM).

To reshape its economy and prepare for the future, the Mauritian government intends to attract a maximum of foreign investment to the country. Advantages include:

  • A favourable tax regime
  • Thriving banking and offshore centres
  • An emerging country with advanced IT and telecommunication facilities
  • A minimal time-zone difference from the main European capitals
     
Current Node

Ideal climate and amazing landscapes

The island has a tropical climate with a mild and dry winter season from May to November and temperatures varying between 17°C and 25°C. Summer is warm and humid from November to May with temperatures between 27°C and 33°C.

It is a great place to live all year round!

Current Node

A stable political system and a flourishing economy

With a stable political system, an economy with positive growth for over 25 years and a strategic geographical position at the heart of the Indian Ocean, Mauritius has become a privileged destination for foreign investors, but also, since the implementation of schemes such as the Integrated Resort Scheme (IRS) and Smart City, a favorite place for well-to-do foreign owners seeking an exclusive lifestyle.

Mauritius takes pride in being one of the rare multicultural countries with an exemplary climate of social harmony.

Independent since 1968, the country respects freedom of expression and religion, among others, and remains a safe destination. It is also the most prosperous country of the Indian Ocean and among the most flourishing in Africa. Its institutions are modelled on the British (Westminster) parliamentary system with a government elected every five years and headed by a prime minister.

In recent years it has fine-tuned its legislative framework so as to boost economic development within the country but also to open it up to the rest of the world.

An anti-money laundering law has been put in place to favour economic development while at the same time guaranteeing observance of the rules of transparency, good governance and ethical standards. The legal framework concerning economic development is a combination of British law and the French Code Napoléon.

 

Current Node

A premier destination

Thanks to its political and social stability, Mauritius can pride itself on being a country with favourable conditions for living, doing business and investing.

The country is ranked 1st in Africa in various international indices, including:

  • World Bank Doing Business Report 2018 | 25th worldwide
  • Global Competitiveness Index 2017-2018 | 45th worldwide
  • Mo Ibrahim Index of African Governance 2017
  • Democracy Index 2017 (Economist Intelligence Unit) | 16th in the world
  • Economic Freedom of the World Index 2017 (Fraser Institute) | 7th worldwide
  • Social Progress Index 2017 | 39th worldwide

 

Current Node

Cultural and Religious Diversity

A land of contrasts and of a thousand and one smiles, the country draws its special charm from its culturally diverse, peaceful society which often receives international acclaim.

Mauritian of European, African, Indian and Chinese origin live in harmony on this island, practicing as main religions Christianity, Hinduism, Islam and Buddhism.

Independent since 1968, Mauritius is a democratic country where human rights are entrenched in the constitution.

Current Node

Modern and reliable infrastructures

Mauritius possesses good infrastructures and modern information and telecommunication facilities.

Thanks to international financing, the country is continuing to develop its  infrastructures.

  • A modern and well-developed internal and international communications network
  • A well-maintained road network covering most of the country
  • A modern port - a hub for the region
  • Air and sea connection with numerous capitals, towns and countries
  • High frequency cable connection, fixed and 3G mobile telephone network
     
Current Node

The infinite blue sea and so much more

So much more than an island with idyllically beautiful beaches, Mauritius offers a range of activities, including:

  • A wide selection of restaurants
  • An array of retail shopping centres with leading local and global brands
  • Plenty of watersports
  • A variety of outdoors activities
  • A diversity of sights, landmarks and museums
  • No fewer than 12 golf courses
  • A rich cultural events calendar
Current Node

Some main places of interest in Mauritius

  • North North

    Discover the north
    • the-chateau-de-labourdonais

    The Château de Labourdonnais

     

    In Mapou, at the heart of a fertile orchard, stands the Château de Labourdonnais. Visit its famous restaurant, La Table du Château, as well as the Rhumerie des Mascareignes. Magnificent endemic plants and a wide variety of exotic trees grow in its beautiful tropical gardens.

    L’Aventure du Sucre

     

    The “sugar museum”, set up in an old factory, tells the story of sugar cane, demonstrating how the sugar is extracted and showing the part it has played in Mauritian history in an interactive way. Those with a sweet tooth can also taste the succulent varieties of sugar.

    • The pamplemousses botanical garden

    The Pamplemousses Botanical Garden

     

    The oldest botanical garden in the southern hemisphere is found in Pamplemousses, a village a few kilometers from Port Louis. It was created in the 18th century by Pierre Poivre. There rare botanical treasures such as the famous giant water lilies, natives of Amazonia can be found.

    • Mauritius islands

    The islands

    Off the north coast, six peaceful and protected islets, including Flat Island, Coin de Mire and Ile d’Ambre are not to be missed during trips out to sea. 

  • South South

    Discover the south
    • Grand Port and Mahébourg

    Grand Port and Mahébourg

    Known for the famous battle of Grand Port which opposed the French and the English in 1810 during the Napoleonic wars, Mahébourg is a little village full of charm and character. You can visit the naval museum, stop at the local market or enjoy a stroll along the waterfront.

    • La Route du The

    La Route du The

    The Tea Route goes back over the story of tea which was introduced here in 1765 and reveals the secrets of its production. The bonus is a stop for lunch at Domaine des Aubineaux, a superb period colonial house.

    • The Rhumerie de Chamarel

    The Rhumerie de Chamarel

    Perched at a height of 300m in a fertile valley, the Rhumerie de Chamarel produces one of the best agricultural rums of Mauritius. The guided visit, aesthetically presented, is a complete touristic experience with its detailed account of the distillation process and the production of agricultural rum.

    • seven colored earths

    The earth of seven colours- Chamarel

    The earth of seven colours, the result of a very rare geological phenomenon, is one of the most popular sites for visitors to Mauritius. Dunes of earth of very different colours  from red to purple, passing through shades of brown, violet, green, yellow and blue never mingle with each other, no matter what the climatic or meteorological conditions. When you visit, don’t forget to call at Le Chamarel restaurant. It has recently been renovated and has splendid panoramic views over the lagoon.

  • East East

    Discover the east
    • Ile aux Cerfs

    Ile aux Cerfs

    This little bit of paradise is one of the main attractions of Mauritius. With an area of 100 hectares, it has magnificent beaches edging a turquoise lagoon.

  • West West

    Discover the west
    • The lagoon of the west

    The lagoon of the west

    This lagoon is one of the finest in Mauritius, ideal for sea sports. Amateurs come from around the world to the big local clubs to try their luck fishing marlin (from November to April), shark or tuna. The Ile aux Bénitiers with its crystal-clear waters protected by the coral reef is a delight for swimmers and snorkelers. Every morning you can watch the dolphins cavort in complete freedom.

    • Le Morne

    Le Morne Brabant

    Le Morne Brabant Mountain, a UNESCO World Heritage site is 556 metres high and covers a surface area of 12 hectares. In the old days it was a place of refuge for slaves who had run away from their plantations in the 18th and 19th centuries.

    • The Black River Gorges

    The Black River Gorges

    One of the biggest nature reserves in Mauritius covering an area of 6754 hectares. Picnic areas, walking trails and spectacular views make it well worth a visit.

© 2018 Live in Mauritius, by Mauritius Sotheby’s International Realty. All rights reserved.