Mauritius welcomes investment and embraces business. Globally recognised as a safe, stable and easy environment to conduct business, Mauritius is a great place to invest, work, live and retire, with future ready infrastructure, global connectivity and world class talent.
Invest in a project of at least Rs 500 million and take advantage of incentives, rebates, exemptions and preferential rates.
Leverage on our unparallel preferential market access to 68% of the world’s population and benefits from a panoply of Free Trade Agreements.
Mauritius’ residence program allows foreign nationals to make a real estate investment into the country and apply for a residence permit to live, work, and retire in Mauritius.
Live and work remotely from Mauritius and experience a long stay or retire in a picture-perfect tropical paradise.
Leverage on our unparallel preferential market access to 68% of the world’s population and benefits from a panoply of Free Trade Agreements.
The Creative Industry, promoted by the Economic Development Board is a growing sector of the economy with a GDP contribution of 3.5%. The vision of for the sector is to enable an ecosystem around the creative industry with the capacity to double the GDP contribution. The government has in recent years announced implicit cultural policies and measures as well as a series of incentives to support the expansion of business operations as a way to enhance substantive and value-added economic activities in Mauritius.
Several financial assistance schemes are currently made available by the government to local artists in the form of grants supporting film productions as well as funding to participate in international shows and events.
The Mauritius International Art Fair (MIAF) held in August 2019 has attracted some 120 artists from 45 countries. The main aim of this event was to propel Mauritius as a cultural hub on the global map, thus developing a new segment of cultural tourism as well as educating the business community about the value of art as an investment asset class.
To give a boost to local artist, EDB has also launched the EDB art gallery where emerging artists are given the opportunity to exhibit their artwork. Investors visiting the office are encouraged to purchase the artworks. Today there are more than 490 artists registered with the National Arts Gallery.
Several financial incentives schemes are currently made available by the government to local artists in the form of grants supporting film productions as well as funding to participate in international shows and events. This includes the following but not limited to:
The objective of NAF is to contribute to the funding of creative arts projects, schemes and events to empower artists and arts organizations in the different fields of arts and culture.
The Film Assistance is scheme is the provision of financial assistance up to a ceiling of Rs 100,000 to eligible local producers through the production of clip/ Music Video/ Short Film/ Documentary/ Long Film with a view to boosting up the local film industry.
Mauritius Film Development Corporation (MFDC) in collaboration with the Economic Development Board (EDB) and the Ministry of Arts and Cultural Heritage (MACH) has introduced the Mauritius Film Development Corporation (MFDC) Film Grant to support independent local filmmakers to a maximum grant of 2 Million on approved projects.
The Film Rebate Scheme is managed by the Economic Development Board. Local and Foreign film producer can benefit from 30% up to 40% of rebate on Qualifying Production Expenditures incurred in Mauritius for a production.
The SME refund scheme is managed by the Economic Development Board. The Participation in International Fairs SME Refund Scheme has been set up by the Government to finance the participation of Small and Medium Enterprises (SMEs) in international fairs. The scheme also applies to the creative industries.
The Economic Development Board is engaging actions to ensures the long-term development of arts business and influence the overall attractiveness of the creative sector. Key emphasis will be laid on Art and Finance with the view to develop Art as an asset class for investment.
An online commercial platform incorporating NFT’s will be launched in 2023 for emerging and well-established artists to exhibit, promote, share, and sell their art works to the wider international art-centric dealers, collectors and galleries.
Through a panoply of schemes and unique incentives offered, EDB Mauritius supports the expansion and growth of business operations as a way to enhance substantive and value-added economic activities in Mauritius.
Medew Holdings Ltd
Setting up in Mauritius means joining a long list of world-class businesses that have chosen our country as their regional base of operations. These exceptional businesses include: