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Introduction
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.
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