Introduction

Le Morne The beautiful island of Mauritius, with its tropical climate and the genuine hospitality of its 1.2 million people, has attracted discerning visitors and investors for generations. As one of the strongest economies in Africa, with a bilingual workforce (French and English, plus Hindi or Cantonese) and a long tradition of private entrepreneurship, Mauritius is an attractive location for investors especially in the Hospitality & Property Development sector.

The general attitude of the population to non-citizens is most welcoming and government is giving full support to investment initiatives in the hospitality and property development industry. As per the Travel & Tourism Competitiveness Report 2007, Mauritius offers unparalleled choice for housing, healthcare and schools. The island offers extensive private healthcare facilities. Schools include government-run and private British and French schools.

Mauritius is poised for significant changes in the next 10 years as wide-ranging infrastructure projects come to the fore and developments flourish in the real estate and hospitality sectors. Over the last couple of years Mauritius has reengineered its Hospitality & Property Development sector. The country has opened up acquisition of freehold property to foreigners and this has resulted in a burst of new transactions in the real estate market accompanied by an influx of foreign capital.