Private Client Services in Mauritius
Mauritius is a well-established offshore financial centre that offers a range of private client services to high net worth individuals. These services provide customized financial solutions designed to meet the unique needs and goals of each client. Enterslice offers various private client services to its clients in Mauritius and helps them achieve financial success.
- Wealth Management
Wealth management services in Mauritius are designed to help high net worth individuals manage their wealth effectively. Enterslice will assign a wealth management advisor to work with you to understand your financial goals, risk tolerance, and investment preferences. Based on this information, we will develop a customized investment strategy designed to meet your individual needs. The aim of wealth management is to help you maximize your wealth and achieve your financial goals over the long term.
- Investment Advisory
Investment advisory services offered by Enterslice in Mauritius provide expert guidance on a range of investment options, including stocks, bonds, real estate, and alternative investments. An investment advisor will work with you to understand your financial goals and risk tolerance and help you make informed investment decisions. They will also provide regular updates and advice to help you stay on track and achieve your financial goals.
- Estate Planning
Enterslice offers Estate planning services in Mauritius that help you plan for the future and ensure that your assets are distributed according to your wishes. Estate planning services can include trusts, wills, and powers of attorney, and can help you protect your wealth and secure your legacy. Estate planning can also help you minimize your tax liability and ensure that your assets are passed on to your heirs in the most tax-efficient manner possible.
- Tax Planning
Tax planning services provided by Enterslice assist you in minimizing your tax liability and maximizing your wealth. A tax planning advisor will work with you to understand your financial situation and provide tailored recommendations to help you reduce your tax bill and increase your wealth. Tax planning can include strategies such as tax-efficient investing, tax-efficient retirement planning, and tax-efficient estate planning.
- Trust Services
Enterslice provides its clients trust services in Mauritius for a secure and flexible way to manage your assets and protect your wealth. Trust services can include irrevocable trusts, charitable trusts, and spendthrift trusts, and can help you achieve your financial goals and protect your legacy. Trusts can also provide additional privacy and security for your assets and can help you minimize your tax liability.
- Corporate Services
Corporate services are also offered by Enterslice providing customized solutions for businesses and organizations in Mauritius. Corporate services can include company formation, corporate structure optimization, and corporate governance, and can help you achieve your business goals and maximize the chances of your success. Corporate services can also help you reduce your tax liability and minimize the administrative burden of running a business.
- Retirement Planning
Retirement planning services offered by Enterslice will help you prepare for your golden years and ensure a comfortable retirement. A retirement planning advisor will work with you to understand your financial situation and provide customized recommendations to help you achieve your retirement goals. Retirement planning can include strategies such as tax-efficient retirement planning, investment planning, and estate planning.
Enterslice offers comprehensive financial solutions designed to meet the unique needs and goals of high net worth individuals. Whether you are looking to manage your wealth, plan for your future, reduce your tax liability, or achieve your business goals, private client services in Mauritius can help you achieve financial success.
Benefits of availing Private Client Services in Mauritius
There are a number of benefits associated with availing private client services in Mauritius:
- Personalized attention: Private client services offer a dedicated relationship manager to provide customized financial solutions and support according to the needs of your business.
- Customized financial planning: Private client services can provide personalized financial planning and investment advice based on the specific needs and goals of high net worth individuals and families.
- Range of investment options: Private client services can offer a wider range of investment options, including access to exclusive investment opportunities not available to the general public.
- Tax planning: Private client services can assist with tax planning and optimization, helping to minimize tax liabilities and maximize wealth.
- Estate planning: Private client services can help with estate planning, including succession planning and wealth transfer, to ensure the smooth transfer of assets to future generations.
- Confidentiality: Private client services have policies in place to protect the confidentiality of client information and assets.
- Convenient access: Private client services can provide clients with convenient access to financial information and investment portfolios, often through online platforms and mobile apps.
Immigration and Residency in Mauritius
Mauritius, as an immigration destination, does not spring up naturally when you consider immigration. However, one must take into consideration the benefits that most traditional destinations do not offer. One such benefit is the time of Mauritius, which is GMT+4, making Mauritius a feasible destination to work in Asian, African and European markets while being based in Mauritius.
Mauritian currency is also cheaper compared to other popular immigration destinations, and Mauritian Rupee is not a strong currency when compared to South African Rand, Indian Rupee, USD, Pound, Euro etc., which gives you significant spending power. Further, Mauritius has significantly lower income tax rates compared to other popular immigration destinations. Following are the ways one can claim permanent residency in Mauritius:
- Residency by way of Investment
If a non-citizen makes an investment under a Property Development Scheme where the government encourages the development and sale of a mix of residences to non-citizens or if a non-citizen makes an investment of USD 375,000 in a qualifying business, then he becomes eligible to apply for a permanent Residence permit in Mauritius.
- Residency by way of Occupation
Those foreign nationals that do not have an amount of USD 375,000 to invest in a business can adopt an alternative route via an occupation permit. Those people who wish to work and reside in Mauritius can do so under one of the three categories i.e. investor, self-employed and professional.
- Residency by way of Profession
Another alternative route for obtaining residency in Mauritius is by way of profession where foreign nationals employed in Mauritius under a contract of employment can obtain an Occupation permit provided they are earning a basic salary of at least MUR 60,000 (approximately USD 1500). However, the salary criteria for professionals employed in the pharmaceutical, BPO, ICT and food processing sectors is reduced to a minimum of MUR 30,000 (approximately USD 750).
- Residency by way of Retirement
Apart from the abovementioned three options, there is also an alternative to obtaining residency by way of retirement where a retired foreign national can apply for a residency permit for an initial period of ten years. For this, the applicant has to make an initial transfer of at least USD 1,500 or an equivalent currency in a freely convertible foreign currency to his/her local bank account in Mauritius at the time of issuance of the permit. Top of Form
The team of Consultants at Enterslice consists of lawyers, chartered accountants, foundation, trust and company administrators who will assist you in developing and implementing solutions that comply with the legal and regulatory requirements. Enterslice offers full administration services both for families and individuals in single or multiple jurisdictions.