September 2021

MAURITIUS IS MAKING RESIDENCY EVEN MORE ATTRACTIVE FOR SOUTH AFRICANS On 10 September 2021, Mauritius officially reopened its borders to South Africans, ending the 18-month travel ban imposed on SA visitors. The Mauritius Tourism Promotion Authority (MTPA) openly welcomed South African tourists back to the Mauritius shores, which is a token of the relationship between […]

MAURITIUS REVENUE AUTHORITY DECLARES THAT FOREIGN TRUSTS ARE NO LONGER EXEMPT FROM PAYING TAX Recently the Mauritius Revenue Authority (“MRA”) announced by way of a Statement of Practice (“SOP”) that foreign trusts held in Mauritius will no longer be exempt from income taxes. This has caused a stir in local finance and investment circles because