Hi I am Suman. Shifting to Mauritius for Investing Shortly

Hi,

The first things to do would be to find out about the conditions imposed on expats for investing in Mauritius and come over here on a tourist visa for a prospection visit and for a market study.

Except outdoor advertising, the two other activities are heavily regulated as regards foreign investment.  The domestic market for Personal Security is quite tight - there are many pseudo security companies to provide this type of service. Still, depending on what you're trying to offer, you might get some nice business (Corporates, VIPs, Casinos, etc.)

It could be interesting if you have international contacts or affiliations, and from there cater for the security of VIPs visiting Mauritius.

Real Estate is heavily regulated and there's not much a foreigner can benefit from. There is limited land surface which restricts offers and business.  Unless you have large scale development plans.

It will be interesting to learn more from you.

Hi

Whenever you are in Mauritius , message me as I know most of the Indians in the Armed forces based in Mauritius, I can introduce you to them. For relocation ideas, Nadeem who has responded to your e-mail , is an expert in that field. I am sure he will give you the right guidance.

Cheers and all the best
Terence

Hi Suman,

Dont you worry mate when you'll here dont hesitate to contact me and yes Terence (he is very helpful guy. I have also few friend from Indian Navy so will introduce you as well.. I'm also accompanied with my wife and 3 and half old daughter here...

dont hesitate to PM me if case you have specific questions, happy to help.

cheers
Sumeet

Hi Kaviraj. Thank you. I was in Mauritius from 9-16th Jun. But I do need much more information so decide which direction to tread on...
Regards

Hi Nadeem, Thank you. Do you have any more information on outdoor advertising ?
And how easy is it to initiate a transportation providing business to tourist ? Not in terms of business but in terms of permissions and approvals ?

Look forward to interact more on these subject and on relocation as suggested by Terence.

Regards

Hi Terence, thank you. We too had come to visit Mauritius as tourists.....we just fell in love. Will need your giudance to make the move from here to there.
Still contemplating which vertical to peruse....but am open to new ventures too. Look forward to hear more from you.
As a starter just a simple question which will be the best place to stay on rent if we are looking for some place which is beach facing and is in a relatively quite region.

Cheers

Hi Sumeet thank you for responding. You have been moving around quite a bit. Look forward to hear from you. I will definately take your and Terence's help to meet others from the Defence Fraternity.
I will be troubling all of you with more question....please bear with me.

Regards

Hi,

Honestly speaking, personal security and real estate are complicated ventures. It is very difficult for foreigners to indulge in real estate activities as there are legislation preventing non-citizens from getting involved in purchasing of land or properties. You would either have to partner with a local company or request for authorization from the Prime Minister which can cost a bunch of money and time. Even through this, there is a very low probability that you will get what you want. Even in the case of a joint-venture, you will have to inject in the billions as local real estate companies already have big investment portfolios.

Personal security is heavily regulated and there are already way too many local firms engaged in the business. Either way, I don't think foreign players are allowed in this field.

That leaves you with outdoor advertising which I do not know too well. Hope someone will be able to provide you with a better insight.

As a personal advice (you can take it or ignore, up to you), if you really want to take the plunge, everything that has got to do with entertainment, partying, and nightlife will do in Mauritius as there is a huge demand for that. Cheers!

As for your question regarding renting a location, you will need an Occupation Permit to stay longer than on a tourist Visa. And to obtain an Occupation Permit, you will have to invest, or set up your own shop, or find yourself a good job.
However, this is another discussion.

Regards

Hello,

[moderated : advertising is not allowed]

Virendra Polodoo, PGCHE

hello my friend. Am yassir a police officer. A small advice the best clinic for health problem is apollo bramwell. As soon you settle in mauritius do contact the hospital and insurance for health. It will benefit you a lots

Hi Suman,

Happy to hear that you have fell in love with Mauritius!

I think that Grand-Bay or pereyber will be the best place for you if you are looking for a quit environment and a place which is near the beach.

I can help you to find a good place if you are interested.


Look forward to hear from you.

[moderated: Please post in the Housing in Mauritius section. Thanks.]

Hi

why not contact the BOI- Board of Investment? They might guide you into which might be the best option.

Hello. I can help u invest in real estate, contact me on [moderated]

Hi  SAMEEM1

An introduction may be?

Can you give some details about how you can help in investing in real estate?

Regards,

David.

u can invest in buying lands.

It has already been mentioned before...foreigners cannot buy land except for very large projects and this with special authorization from the Prime Minister's office after years of consultation. This is crystal clear on the Govt's website and land legislature.

What this guy need is a proper business plan with the required capital and a meeting with the BOI.

Thank you Yassir...will keep this in mind.
Regards

Thank you Sendy, please do forward your no to me.

Regards
Suman

Thank you for your advice. They cannot help me in everything right. I believe they have some threshold level....i am keeping my options open....

Thanks Kaviraj as always...
Regards
Suman

Hi Sameem can you give me more details....?

Regards
Suman

SAMEEM1 wrote:

u can invest in buying lands.

Since when is a FOREIGNER allowed to buy land(s) (sic) in Mauritius?
When was the Land Acquisition Act amended ? Would appreciate your insight if you do know all the rules and regulations, w/o mentioning land Act with T&Cs of the PMO?

It's not Land acquisition Act! It's the Non-Citizens (Property Restrictions) Act.

The danger with discussion forums is that anybody can write anything.  Like always, I'll ask foreigners to really check official laws and authorities before taking any advice from non-professionals.  Some people try to give advice just to be helpful but sorry, sometimes it dangerous and really put people and their investments at risk.  People, if you are not u're, please do not venture in counseling, mostly in matters pertaining to foreign investment and relocation.

No! You can't invest in real estate...

Hi Suman,

for your personal projects, you should be consulting BOI before investing in any type of real estate.

As for your wife, i'll advise you go on myjob.mu, a lot of vacancy in hotel industry actually (Sofitel etc..)

for your daughter, you've got IPS in the north or Clavis in Moka.

Cheers

Joelle

Thank you so much...:-)

Hi

I am a Human Resource Director for an international group.  i have also been Group Human Resource Manager for a group of hotels in Mauritius.  i think i can help for a job for your wife and finding a bungalow.  i have one bungalow which has never been rented but i would like now to find expatriate for rental as i have two sons studying abroad.

Regards

Brinda

Hi Brinda,

Thank you for replying. My wife suggests that I too should pick up a job as it is a new country.
If you send a test mail on the following id , I will send both our CVs to you.

sumanmajumder77@yahoo.co.in

Regards
Suman

So Suman, Are you already here or still thinking 

I think main problem for Indians who coming to Mauritius for job - they dont know French

Thats really doesnt matter, its same like other expats moving to India or any other country without knowin the language,.. what really matters is you must know English

sumeetrana_81 wrote:

Thats really doesnt matter, its same like other expats moving to India or any other country without knowin the language,.. what really matters is you must know English

it is really matter if you taking a job, especially in hotels.

Hi Suman

I am not sure when you posted this ad.  But I have just joined so I am replying to your quest.

My house is 2 years old and I want to sell or rent my property. This is the details

Sale is for 9 Million MUR or Rental at Rs55,000 per month including Gardner & Pool Cleaner

4 Bedrooms (3 upstairs) 1 downstairs,
TV Room,
2 bathrooms
Open plan kitchen, dining & lounge
Laundry
Wooden stairs
Patio
Outside kitchen
Pool & pump
Front & back garden
Water Tank & pump
Air Cons & Fans
Carport
Balcony all the way on 1 side of the house
View of Sea from balcony
Perfect view of Coucher du Soleil

I can send you photos if you so wish, send me your email address.

Regards
Jacquie

hi Jacquie

Unless your property is in IRS or RES scheme, no foreigner can buy it.  Rental is not restricted by Law, so this is the appropriate option for foreigners.

All the best

@ Jacquie > Please note that the offer in Summan is quite old.

For housing offers, it would be best if you can post them here : Housing in Mauritius section.

Thank you

Priscilla 

Hi,

Ok, thank you so much for letting me know.  I have put it up in the housing section.

Have a great day
Regards
Jacquie 

Moderated by Christine
Reason: off topic + please do not copy paste same post everywhere