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Mauritius Wants to Ride a Wealth Boom Out of Its Tax Haven Reputation
The island nation is seeking to capitalize on its wealth boom by courting family offices, wealth managers and fintech firms as part of a broader push to diversify its economy.
Mauritius is emerging as one of the world’s fastest-growing wealth markets, with its millionaire population projected to double by 2033. Now, the island nation is working to harness the boom — and shed its reputation as a tax haven.
The new government, in office since November, is courting family offices, wealth managers and fintech firms as it looks to diversify the $14.6 billion economy beyond tourism and real estate.