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Win this luxury Z4 roadsterTo celebrate the launch of AfrAsia World MasterCard® Credit Card, we are offering youthe chance...
Editorial                                                 issue No.1                              Introducing      Real   ...
About Mauritius Nestled in the heart of the Indian Ocean, south of Africa and east of Mada- gascar, this dreamy isle sits ...
you-drop at Flacq‘s bustling open-air mar-                                                   ket, a vibrant and colorful m...
many experienced skippers and fishing boat          the pink pigeon, kestrels and rare forest trees.owners, such as Tamari...
House or St Aubin Colonial House, The Ruins        ed in settling. It was only rediscovered by theof Ballaclava or Martell...
CAP MALHEUREUX                        A Vendre /For sale- CM/A33 – Rs 12.5M En résidence RES à 50 mètres de la mer, 3 appa...
ECLAIRAGE          SECURITE           SECURITE         CHAUFFAGE          PISCINE           PISCINE            PISCINE    ...
FOR ALL YOUR AIR CONDITIONING                           INSTALLATION , MAINTENANCE & REPAIRSMOBILE : 729 33 38 | OFFICE : ...
Real Estate File What is the Integrated Resort Scheme (IRS)? The IRS is basically a project for the construc-        marin...
What is Invest Hotel Scheme(IHS)?The Invest Hotel Scheme (IHS) allows hotel       hold or leasehold land of more than 1 he...
OWN A                                   STEP INTO THE LIGHT WITH                                        YOUR OWN LUX* VILL...
MauritiusINDEX – LIST OF PARTNERS A-Z  1.	   Afraisia - Banking  2.	   Aircond365Ltd - Installation - Repairs - Maintenanc...
Pereybere                                                Grand Baie                                                 Pample...
Interview                                       for holiday usage and the other       the projects. My role is to be the  ...
Your IRS - RES - IHS expert                   Your Mauritius Luxury                        Investment Advisor             ...
INTERNATIONAL PAYMENTS                                                                   MAKE YOUR MONEY GO FURTHER       ...
Interview                    Tell us more about Island Premier and its services.                    When you talk about Ma...
Interview Expat blog: the valuable information tool for investors in Mauritius                                      “share...
www.expat-blog.comWould you like to invest in Mauritius?Expat blog is the exchange network designed for people livingor wi...
Mauritius from a different perspectiveYour ultimate holiday destination is also Africa’s foremost International Financial ...
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013
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Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013

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Welcome to our 1st issue of the Real Estate Mauritius - Property Investment Guide. Inside you will find the very best developments and service providers.

Published in: Real Estate

Real Estate Mauritius Property Investment Guide 2013 Issue Jan-Mar 2013

  1. 1. Win this luxury Z4 roadsterTo celebrate the launch of AfrAsia World MasterCard® Credit Card, we are offering youthe chance to win a BMW Z4 in our amazing lottery draw starting 1st November 2012to 28th February 2013.The new prestigious card opens up limitless opportunities for transforming andenhancing your lifestyle.We invite you to explore the many reasons to apply today for the AfrAsia WorldMasterCard® Credit Card.Exclusive. Private. Yours.(230) 208 5500 | afrasia@afrasiabank.com | www.afrasiabank.com | Mauritius – South Africa - Zimbabwe
  2. 2. Editorial issue No.1 Introducing Real Our first interview is with Mr Sacha Bouic from Elite Estate Mauritius Residences. Sacha is one the most experienced (REM) Property IRS/RES/IHS consultant in Mauritius since the Investment Guide schemes started in 2008. We also welcome Mr Mark 2013. This is our first O’Sullivan from Island Premier Traders FX who issue and we welcome can help with all your foreign exchange, money you and all our transfer and international payment requirements. partners. IPTFX was launched in 2009 and is one of the fastest growing foreign exchange dealers in the REM is your Real Indian Ocean. IPTFX have significant experience Estate Sales & in providing payment solutions for propertyMarketing Agency in Mauritius, a Staub Marketing investment in Mauritius. Our last interview withLtd product which was launched June 2012 to help Mr Julien Faliu of Expat Blog, gives us an overallreturning residents, foreigners and international overview about living in Mauritius from theinvestors find the very best property investment founder of the most active expatriates communityand related products and services available in on the world wide web.Mauritius. We hope you enjoy this first edition of the RealIf you are looking to invest in Mauritius, purchase Estate Mauritius Property Investment Guide.or rent a property, please visit our Real EstateMauritius website or contact one of our partners. Bienvenue à l’ile Maurice et a très bientôt,After building the online portal we are now pleased Sebastien STAUBto launch a printed version of Real Estate Mauritius. Founder of Real-Estate-Mauritius.comIt made sense to create a Property InvestmentGuide where local and international investors can A product of Staub Marketing Ltd • Director : Sebastien Staubview the very best products and services available • Design & Web development : Mataora (www.mataora.com) •to them. Inside this guide you will find only the Real Estate Mauritius ( Address : Hermitage, Ave King George,TOP 3 Real Estate Agencies, Property Developers, Floreal, Phone no: (230) 696 09 68 | 794 64 37, Email: info@real- estate-mauritius.com, Website: www.real-estate.mauritius.IRS/RES/IHS, Banks, Interior Designers, Homeware, com ) • Printed by T-Printers.Ltd (230) 233 25 00 •Hardware and services providers for your nextproperty investment in Mauritius. Disclaimer • All information and advice provided within the Real Estate Mauritius (REM) website, Property InvestmentInvestors and those looking to relocate to Mauritius Guide (PIG) is provided for general information purposescan view property for sale and newly developed only and does not constitute a legal contract between REM and any person or entity. • If you rely on the information oninvestment properties in Mauritius such as: IRS, RES this Site you are responsible for ensuring by direct contactand IHS. We have a real estate portfolio outlining with REM, its accuracy, currency or completeness. • The REMthe various schemes available to you. web site and PIG are subject to change without prior notice. Although every reasonable effort is made to present currentProperty developments in Mauritius offer the and accurate information, REM makes no guarantees of any kind and accepts no responsibilities for errors within thepotential for residency and tax advantages for non- content. • Any links to external Web sites or email addressesMauritian nationals. Mauritius has the advantage provided within the REM web site and PIG are provided as aof allowing properties to be used as holiday homes courtesy. They should not be construed as an endorsement byfor holiday rental. Within the guide you will find REM web site and PIG of the content or views of these sites,a detailed map with the geographical location of nor do they imply a relationship with the owner of that link. • All information and advice provided within the Real Estateeach our partners’ offices and retail outlets. You can Mauritius (REM) website, Property Investment Guide (PIG)also refer to the index section for more information. is provided for general information purposes only and does not constitute a legal contract between REM and any person or entity. • If you rely on the information on this Site you Real Estate Mauritius are responsible for ensuring by direct contact with REM, its accuracy, currency or completeness. • The REM web site and Rent - Buy - Holiday Rentals PIG are subject to change without prior notice. Although every reasonable effort is made to present current and accurate information, REM makes no guarantees of any kind and accepts no responsibilities for errors within the content.
  3. 3. About Mauritius Nestled in the heart of the Indian Ocean, south of Africa and east of Mada- gascar, this dreamy isle sits ideally between the Tropic of Capricorn and the equator, providing a perfect tropical climate all year round. Mauritius is the main island, from which the surfer’s paradise and with numerous, vast la- country derives its name. Of volcanic origin, goons to boot, there’s great it’s almost entirely surrounded by sheltering sailing, diving and fishing diversity, too. coral reefs. With hundreds of amazing passes There‘s no shortage of top spots, swells, la- with perfect waves, lefts and rights, short and goons or wind, but there has been a distinct long barrels and deep to hollow tubes, it’s a lack of information about all these things
  4. 4. you-drop at Flacq‘s bustling open-air mar- ket, a vibrant and colorful marketplace full of fresh local products at great value. The island’s home to countless bars and restau- rants. Check out the iconic Banana Bar in Grand Bay, which hosts both local and inter- national artists, from jazz to soul. In the mood for dancing? The numerous nightclubs offer a great atmosphere where you can boogie the night away to the sounds of House, Dance and RnB music played by top DJs. The island boasts some of the world‘s most beautiful private and public beaches, fringed by swaying palms and lapped by crystal- clear turquoise waters. Combine that with the magnificent, exotic sunsets and tropi- cal vegetation of the various game reserves, national parks, private hunting estates and colonial houses such as St Aubin and Eureka where honeymooners can make their dreams come true and you‘ve got a winning formula. Golf fan? Mauritius is fast earning a reputa- tion for being home to some of the world‘s most amazing golf courses. Its fantastic archi- tectural designs by big names such as Ernie Els and Bernhand Langer offer avid golfers a challenging game. But whatever your handi- cap, you‘ll find somewhere to suit your needs, whether you‘re aiming for a hole in one at- until now! This comprehensive guide ena- one of the top-class hotels or dodging thebles you to experience the range of stunning water hazards on the new Ile Aux Cerfs, you‘llspots on our beautiful island for yourself. love putting your way through the stunningTake the swells and gentle sea breezes, add settings that are simply unbeatable. Thethe impressive Indian Ocean climate, great Mauritius Open PGA attracts internationalcoral reefs, large lagoons and a handful of and local professionals and many a celebrityquality breaks and you have the perfect surf- has been spotted practicing their swing oning, windsurfing and kitesurfing destination. the island‘s championship courses.The Unique Mauritian Culture is a blend of Grand Bay is the place to head for catamaranIndian, Chinese and Creole sweetness and cruises and sailing boats. Blue Bay and Blackspices with an influencing European History, River offer amazing trips to nearby islandsin other words amazing local cuisine. Get a such as Coin De Mire, Ile Plate, Ile au Gabrieltaste for the magical mélange of influences and Ile aux Bennitier. Famous spots for snor-with a warm Dol Pourie, whether it’s on a keling and scuba diving include the famousstreet corner in Port Louis, from a delicious Silver Star wreck and the Cathedral underwa-hotel buffet or à la carte at a well-reputed ta- ter cave. Mauritius and Rodrigues offer someble d‘hôte in Chamarel. You‘ll find specialties of the world‘s best deep-sea fishing witheverywhere you go, all worth a try. Shop-til-
  5. 5. many experienced skippers and fishing boat the pink pigeon, kestrels and rare forest trees.owners, such as Tamarin local fishing legend, Photographers will love snapping away atJerome Moonsamy, aka Mr. Bull. Deep sea the Vanilla Reserve des Mascareignes, homefishing is possible off the East, North and to Nile Crocodiles.West coasts and the best operators are basedin Black River and Trou aux Biches. The bestmonths are the summer months (October toMay.) Mr. Dominique Theveneau offers fly-fishing and casting outings on reefs for in-dividuals or small groups. Not forgetting theMauritius Aquarium, home to 100‘s of tropi-cal aquatic life and fish.If the sea doesn‘t float your boat, there are nu-merous land-based pursuits to participate in.Choose from inland adventure tours, sight-seeing in four-wheeled drives, on mountainbikes or hiking (Yann De Maroussem from Ya-naventures is a great hiking enthusiast whoknows his way around the South), along witha wealth of other activities. The adventurousamong you should head to Yemen NaturePark for great quad bike riding and abseilingclose to the 3 Mamelles Mountains. The gamereserve of Domaine Du Chasseur offers fabu- If gardening‘s your thing, the Pamplemousselous panoramic views and sunsets, while the Garden is one of the oldest tropical gardensmagnificent Black River Gorges National Park in the world, bursting with exotic flowers andis home to wonderful wildlife, where bird- tropical trees. If architecture‘s your kick, youlovers can spy protected bird species such as won‘t be disappointed by the 1830 Eureka
  6. 6. House or St Aubin Colonial House, The Ruins ed in settling. It was only rediscovered by theof Ballaclava or Martello Tower, illustrating Portuguese in 1505, followed by the Dutch,intriguing history from early settlers. History who were believed to have caused the extinc-buffs shouldn‘t miss the modern sugarcane tion of the famous Dodo which is now the em-exhibition of L‘Aventure Du Sucre and the Salt blem of Mauritius. Then came the French, who lost out to the British, before independence“the country has attracted con- was attained in 1968. Since then, Mauritius has enjoyed a stable democracy with regular freesiderable foreign investment elections (every five years). Along with a posi-and has earned one of Africa’s tive human rights record, the country has at- tracted considerable foreign investment andhighest per capita incomes” has earned one of Africa’s highest per capita incomes. Due to poor weather in the last cou-Pans of Tamarin, for fascinating facts about ple of years, the declining sugar prices havethe slavery trade. Animal lovers can spend slowed economic growth, leading to somethe day with wild stags, tigers and monkeys protests over standards of living in the Creoleat Casela Bird Park, home to 140 bird species community, but tourism, textile and offshorefrom five other continents. Set in 25 hectares investments are the other major economicof tropical vegetation, consisting of a wide contributors and Mauritius is one of the fewvariety of palm trees, bamboos, eucalyptus countries which has been resilient throughoutand colorful exotic flowers such as the hibis- the global recession.cus and orchids, you‘ll enjoy a gorgeously-perfumed day.So, where do we all get this amazing history Invest in Mauritius with Real Estate Mauri-and mixed heritage from? Well, it all started tius – contact us by mail info@real-estate-back in the 10th century when the Arab navi- mauritius.com or call us +230 794 6437gators, already familiar with Mauritius, gave it Tel. 496 81 38the name of Dina Arobi but were not interest-
  7. 7. CAP MALHEUREUX A Vendre /For sale- CM/A33 – Rs 12.5M En résidence RES à 50 mètres de la mer, 3 appartements haut de gamme de 125m2 chacun, comprenant 2 c à c avec sdbs attenantes, salon, s à m, piscine et jardin communs. Route Royale, Pointe Aux Canonniers Tel: (230) 263 00 78 maclag@intnet.mu www.mclimmobilier.com
  8. 8. ECLAIRAGE SECURITE SECURITE CHAUFFAGE PISCINE PISCINE PISCINE PISCINE PRODUITS SERVICE DEUX MAGASINS D’ENTRETIEN D’ENTRETIEN A VOTRE SERVICE GRAND BAIE RIVIÈRE NOIREURITE CHAUFFAGECINE PISCINEVICE DEUX MAGASINSRETIEN A VOTRE SERVICE RIVIÈRE NOIRE Votre specialiste en piscine ! Venez visiter nos deux magasins PISCINE FILTRATION ECLAIRAGE SECURITE SECURITE CHAUFFAGE BIODESIGN MAGNAPOOL PISCINE PISCINE PISCINE PISCINE EQUIPMENTS EQUIPMENTS PRODUITS SERVICE DEUX MAGASINS AQUAGYM D’ENTRETIEN D’ENTRETIEN D’ENTRETIEN A VOTRE SERVICE Royal Rd, No1 Nautica Complex, Black River, Mauritius Tel: +230 4836262 • Cel: +230 4986978 Fax: +230 4835600 • Email: blaure.bpl@myt.mu Royal Rd, Grand Baie, Mauritius Tel / Fax: +230 2637412 Email: poolshopnorth.bpl@orange.mu www.bpl.mu
  9. 9. FOR ALL YOUR AIR CONDITIONING INSTALLATION , MAINTENANCE & REPAIRSMOBILE : 729 33 38 | OFFICE : 233 36 50 | FAX : 233 36 51 AIRCOND365@YMAIL.COM - 64 ROYAL GRNW PORT-LOUIS
  10. 10. Real Estate File What is the Integrated Resort Scheme (IRS)? The IRS is basically a project for the construc- marina and individual swimming pool, tion and sale of luxury villas to foreigners in nautical and other sport facilities, health an idyllic setting near the beautiful coastal and beauty centres, high class restaurants region of Mauritius. The acquisition of a villa amongst others. Maintenance, waste dispos- for residential purposes only by a foreigner al, gardening, security and other household under the Scheme will allow the foreigner services are also included. The extent of land and his family to reside in Mauritius as long in respect of each villa shall not exceed 1.25 as he holds the property. Villas sold under the arpents (0.5276 hectares). The villa can be scheme form part of a complex of luxury vil- acquired on the basis of a plan or during the las of international standard and high-class construction phase. facilities and amenities such as: golf course, What is Real Estate Scheme (RES)? Mauritius is renowned for his hospitality in- dustry with some of the best resort hotels in the world. With this in mind government has attracted foreign investment (FDI) by the in- troduction of several regulations to allow for- eigners to purchase real estate in Mauritius. The Real Estate Scheme (RES) provides: The RES, is a new scheme which has been introduced by the Government of Mauritius at beginning of December 2007 to allow the development of any mix of residences for sale mainly to non-citizens on freehold land of an extent of at least 1 arpent but not exceeding 10 hectares. The scheme must offer commercial and/or leisure ameni- ties in addition to the residential compo- nent. Individual sites should not exceed 1.25 arpents. There is no minimum value to purchase in the RES scheme yet on prop- erty which exceeds USD 500000 the buyer will be granted residency status once his purchase is approved by the government. Photo - Lux Island Resort
  11. 11. What is Invest Hotel Scheme(IHS)?The Invest Hotel Scheme (IHS) allows hotel hold or leasehold land of more than 1 hectaredevelopers to finance the development of a where unites, villas, suites or other parts ofhotel project by allowing them to sell villas, the hotel can be sold; that the buyers of a unitsuites, rooms or other components that form enters into a lease agreement by which thepart of hotel to individual buyers. property is leased back to the seller; and that the unit leased to the seller may be used andThe Invest Hotel Scheme (IHS) provides: occupied by the unit owner or any person on his behalf for a total of not more than 45 daysfor the development of a hotel on either free- in any period of 12 months. Photo - Azuri ORDER YOUR ADVERTISING IN THIS GUIDE Real Estate Mauritius CONTACT US : (230) 794 64 37 INFO@REAL-ESTATE-MAURITIUS.COM REAL-ESTATE-MAURITIUS.COM FACEBOOK.COM/REALESTATEMAURITIUS
  12. 12. OWN A STEP INTO THE LIGHT WITH YOUR OWN LUX* VILLA A projected net return of rental income at five percent per annum is also included asPRECIOUS part of the purchase. Along side this, ownersPIECE OF In December 2011, LUX* Resorts unveiled a fresh, new approach to island resort holidays enjoy 45 days a year at their property; with peace of mind that their villas works forPROPERTY with the launch of their show-stopping ‘Island Light’ concept. Lighter, brighter and them as part of the resort-managed rental programme.IN PARADISE pleasingly original, LUX* Resorts has done Beyond your front door, Mauritius awaits. away with the excess baggage to offer a newDesigned by Kelly Hoppen, Renowned as a paradise on earth, with kind of luxury with a heightened, moreLUX* has made the 12 Villas at turquoise sea, white sandy beaches andits flagship LUX* Belle Mare sensory touch: an authentic celebration of pristine lagoons, the island’s tropicalhotel available for sale. island living that’s as unconventional as it is landscape provides a natural playground, exhilarating. Now, for the first time, LUX* has whether you’re into hitting the heights with made the 12 Villas at its flagship LUX* Belle hiking or diving the coral-fringed submarine Mare available for sale, giving aficionados of world; or taking on some of the world’s best the new luxury the chance to own a precious golf courses, we have something exquisite piece of paradise. for you. Perched on the exquisite east coast of Mauritius, the Villas at LUX* Belle Mare are a collection of exclusive residences designed THE BENEFITS to provide the signature LUX* take on luxury AT A GLANCE: island living, in one of the most serene • Complimentary use of the villa locations in the world. Situated within the 45 nights a year, or swap at any five star LUX* Belle Mare resort, the Villas LUX* resorts merge traditional Mauritian style with • Minimum guaranteed R.O.I of 5% modern interiors designed by world per annum for the first 10 years renowned interior designer, Kelly Hoppen. • 20% discount on food and beverages during the stay Available through the Invest-Hotel Scheme, the Villas benefit from all the ameneties of • Starting from $ 850k for a beachside villa their resort setting. Amazing beach front location, mouth-watering cuisine, the LUX* • US $ loan set up via our partnerTo unlock your door to island living, AfrAsia Bank (up to 60% of theLUX* style, call +230 208 8558/38, Me spa, private and personalised 24h butler investment)email murray.adair@iorec.com service, all form part of your villa experience.or visit luxvillasmauritius.com
  13. 13. MauritiusINDEX – LIST OF PARTNERS A-Z 1. Afraisia - Banking 2. Aircond365Ltd - Installation - Repairs - Maintenance 3. Albert Trading – Homeware / Lights 4. Ailleurs et Demeures – Homeware / Furniture 5. Azuri - IRS 6. Blue Bay Properties - East Coast Real Estate 7. BPL – International – Pool Maintenance 8. Cuisinnella – Modern Kitchen 9. DeLaHaye Interiors – Interior Designer 10. Elite Residences – 1st Interview IRS/RES/IHS Expert 11. Expat Blog – Interview Expats Living in Mauritius 12. Falcon Outdoor Kitchens – The BBQ experience 13. Hestia Real Agent – West Coast Real Estate Agent 14. Island Premier FX Traders Ltd – 2nd Interview Forex Exchange 15. L’Avenue – High End Floreal Apartments 16. Le Meritt Elipsis - Luxury Residential Units 17. Les Terrace Marina - RES 18. Les Villas De St Felix -RES 19. Lux Island Resort – IHS 20. MCL Immobilier – North Real Estate Agent 21. Meubles Des Iles – Homeware / Furniture 22. Mont Choisy Shopping Centre - Grand Bay 23. Ruisseau Créoles - Black River 24. Safari Lodge - RES 25. Schmidt – High End Kitchen
  14. 14. Pereybere Grand Baie Pamplemousses Port Louis Trou d’Eau Douce Bagatelle (Moka)Flic en Flac Curepipe Black River Mahebourg Le Morne St Felix
  15. 15. Interview for holiday usage and the other the projects. My role is to be the for relocation. IRS/ IHS projects investor’s trusted advisor from tend to attract more the holiday the start of the process to the fi- buyers and RES more those who nal transaction. Given that I work are seeking to relocate in Mauri- with most of the projects, I will tius more permanently. guide the investor in his decision process at no extra cost. I do give Why foreigners should consid- my personal opinion as per their er investing in Mauritius? choice of lifestyle and daily re- Besides the fiscal and political quirements. Should the investor advantages, I think that the life- decide to invest, I will walk him Elite Residences - style element that is very impor- through the entire process. My Sacha Bouic tant when living here. When you services go even beyond the real see what is happening in many estate sphere. I connect them How did you get in the Real countries we have to consider us with the right legal, and financial Estate Business? lucky to be living in such a great advisors and can even arrange (Smile) it was not planned at all. and peaceful country. There are an interior designer for their villa After 15 years in Sales & Market- many business opportunities; should they want some person- ing in the FMCG business, I want- Mauritius is developing very fast alized touch to their new prop- ed a new challenge in an emerg- in the financial, real estate and erty investment. These are some ing sector. I was called in for an ITC sectors. Our key geographi- services I offer, just to name a interview to join Playground cal location plays an important few examples. I do lay much em- which was the Sales & Marketing role for those who are doing phasis on the service element arm for the Anahita IRS and I was business across Europe - Africa and I am always prepared to go accepted as sales executive. This - India - Asia. And we have an that extra mile to show my cli- is where it all began. educated mutli-cultural bi-lin- ents that I care for them. Service gual population which makes it is key in this business. Why did you select to become easier for those who only speaks an IRS/RES/IHS consultant? one language. Which element do you enjoy When I felt the first signs of the most about your job? economic down turn in 2008, I What is the best investment I really enjoy the human contact, decided that it was time to move property on the Island and meeting new people (buyers on. With the rich experience why? and sellers) and even though it in this sector, I felt that there It all depends on budget and can be very emotional. I like the was a niche to explore. So, how you plan to use your resi- fact that I open new horizons to I set up my company, Elite dence. There are projects offer- an investor and offer a portfolio Residences which is a “one stop ing rental pools on programs of opportunities to those who shop” solution for investors where you can get recurrent rev- are seeking a new home. And of considering purchasing real enue with short term rentals. In course making a sale always put estate in Mauritius. My portfolio terms of capital appreciate there a smile on my face. I regret that I consists of world class IRS, RES is more to gain for properties on had not had the opportunity to and IHS properties and projects. the coast as only 2% is freehold. come into this line of work ear- My role is to advise potential Each project has a unique prod- lier in my career. investor as which is the best uct offering. It depends where project suited for their lifestyle you want to live, how far from Any last words to our readers? needs and requirements. I then the main cities. We have many I wish to thank you for reading guide them through all the legal great projects to offer our clients my interview and visiting my processes as their facilitator. and it all comes down to their website. I look forward in receiv- needs again. ing your enquiries and please do Why are foreigners investing refer where you saw this adver- in IRS –RES- IHS projects? What is the added value in tisement in your email/phones Well, it all depends on why you contacting you and the team calls. Simply refer Real Estate are investing; there are really two at Elite Residences? Mauritius (REM). Have a great main reasons why you would As an independent consultant, year this 2013, it wasn’t the End consider investing. One; being I am totally unbiased for any of of the World after all.
  16. 16. Your IRS - RES - IHS expert Your Mauritius Luxury Investment Advisor Buying property in a foreign country can be tricky and if you go directly to a project you might have seen they will do everything to sell themselves to you. It takes time to go around and see the various projects and whilst on vacation you are more stressed than relaxed. Elite Residences LtdDESIGN BY MATAORA.COM 1st Floor, lAntiquaire Bld Corner Emile Sauzier/Virgile Naz St, Curepipe, Mauritius. Mob: (230) 423 0340 Tel: (230) 698 5000 Fax: (230) 698 5000 Email: bouics@eliteresidences-mauritius.com Skype: bouics website : www.eliteresidences-mauritius.com
  17. 17. INTERNATIONAL PAYMENTS MAKE YOUR MONEY GO FURTHER Island Premier Traders FX are the Indian Oceans leading international payments spe- cialist. Headquartered in Mauritius with the largest non-bank dealing floor in the region. Our treasury team can save you money and time when it comes to making or re- ceiving international payments. • Investing IRS/RES • Repatriating Salaries • Property Transactions • Global Business Payments We constantly provide superior rates of exchange and a swift delivery of funds.You will also benefit from • Dedicated Account Manager • Daily Market Updates Island Premier Traders FX LTD is licensed as a foreign exchange dealer by the Bank of Mauritiusto carry out foreign exchange business in accordance with section 14 of the banking act 200410th Floor, Tower 1, NeXTeracom Cybercity Ebene, Mauritius Tel: (+230) 468 1139/40/41 | Fax: (+230) 468 1138 | W: www.iptfx.com
  18. 18. Interview Tell us more about Island Premier and its services. When you talk about Mauritius the image one conjures up is of idyllic sun kissed beaches, honeymooners and tourists. While this still is very much the image Mauritius likes to portray, what many people do not realise is that Mauritius is also a significant interna- tional financial centre (IFC ).Due to its stable political situation and trusted regulatory environment Mauritius in the past 10 years has created a vibrant offshore sector structuring double tax agree- ments with over 19 countries allowing global businesses to head- quarter in Mauritius and take advantage of operating in a low tax jurisdiction. The growth has also seen global banks such as Barclays ,HSBC, also choose Mauritius as their headquarters for the region and the ex- plosive growth of Africa has seen Mauritius position itself as “The Gateway to Africa”, something very much in evidence as the conti- nent looks to grow in the next 15 years. ‘‘Island Premier Traders FX Ltd is licensed as a foreign exchange dealer by the Bank of Mauritius” The government has also have created the IRS/RES scheme to al- low foreigners to purchase property and also take advantage of residency and low tax incentives. This is allowing entrepreneurs to use the island as a base for their global busineees.The opening of the new airport will bring much needed flight capacity and new destinations to connect to and the ideal time zone between Eu- rope and Asia means Mauritius really is a great location from which to transact global businesses and structure investments. When you look compare the situation in Europe which for many years will struggle to get anything like a normal economic enviroment,and even in the US where unemployment is at his- torical all time high and interest rates at an all time low, the flow Island Premier - of global investment capital is having to look towards Africa as the Mark O’Sullivan path to growth in the next 5 years. Mauritius is expected to grow its economy in the region of 4.2 % in 2013 with the only real threat continues to be its historic trade links with a depressed european economy. Mauritius has proved it can change from an export lead economy dependent on sugar and textiles to a credible services lead fi- nancial centre and adapt to the changing needs of a fast moving global economy. Mark O’Sullivan CEO Island Premier Group www.ipgml.com
  19. 19. Interview Expat blog: the valuable information tool for investors in Mauritius “share your expat experience - the living Looking for investment oppor- abroad website, by expats, for expats” tunities in Mauritius? Wonder- ing where to find useful info to help you in your project? Expat blog is the place to get informa- tion and benefit from the unique experience of those who already settled in Mauritius. Meet Julien Faliu, the founder of expat-blog. com. What’s Expat blog? Expat blog is the exchange net- work dedicated to expats and life abroad. The website was created to help expats whether they would like to go abroad or they are already settled. Expat blog offers them a place to find unique information based on sharing experiences with other people in the same situation. Expat Blog - Mr. Julien Faliu What kind of information living or wishing to live in the get in touch with other investors do you find on Expat blog? country. and expatriates. On expat-blog.com, you will find all the information you need to How Expat blog can be useful Join Expat blog on help you in your expatriation to investors and potential in- www.expat-blog.com! project, from the beginning to vestors in Mauritius? your daily life in your new coun- As Expat blog is a valuable try. We help people at each stage source of information, investors of their expatriation: before they and potential investors will find leave, once they arrive and when the information they need to they go back home. help them in their project: re- The information available cov- quirements to buy a property, ers all the aspects of expat life: formalities, business opportuni- formalities, housing, job, health, ties… It will also help them to education… People will find all get a more precise idea of how they need for their expat day-to- is life in Mauritius and therefore day life. consider all the aspects of the country before deciding to in- How many members do you vest here. have? As the website is participative, Expat blog has 580 000 mem- they can share their ideas or ask bers from all over the world. questions to the other members. Mauritius is one of the most ac- And for the ones deciding to tive destinations on the website, settle there, Expat blog will also with more than 7 500 members help them to meet people and
  20. 20. www.expat-blog.comWould you like to invest in Mauritius?Expat blog is the exchange network designed for people livingor wishing to live abroad. It is the place to get information and bigbenprod.combenefit from the unique experience of those who already settledin Mauritius. Graphic designFind all the information you need for your investment project inMauritius!Join us on expat-blog.com
  21. 21. Mauritius from a different perspectiveYour ultimate holiday destination is also Africa’s foremost International Financial Centre.From private banking and wealth structuring to investment advice and property finance, AfrAsiaBank delivers a tailored banking proposition crafted for high net worth clients whether for thedevelopment or purchase of Integrated Resort Schemes (IRS) and Real Estate Schemes (RES).Private Banking & Wealth Management Corporate & Investemt Banking International Banking Awarded ‘Best Private Bank for Super Affluent, Mauritius 2012’(230) 208 5500 | afrasia@afrasiabank.com | www.afrasiabank.com | Mauritius – South Africa - Zimbabwe

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