UK Nationals based in the Cayman Islands seeking finance of £700,000 to assist with the purchase of two North London apartments on a buy to let basis.
The island of Mauritius covers an area of 1,865 square kilometres and is situated in aconvenient time zone (GMT +4) in the Indian Ocean. As well being sovereign and independent, it benefits from a peaceful environment, stable democratic government and an active population of 1.2 million inhabitants bilingual in English and French.
As Mauritius flourishes as an international financial centre, it is proving itself to be a competent and resourceful centre. The jurisdiction has carved a solid international reputation for the level of service of its qualified professionals; its user-friendly legislation governing companies and trusts; a fiscally attractive environment and, very importantly, for the quality of its regulation which is seen as firm but at the same time commercially friendly.
The financial system is endorsed by the World Bank and IMF and the country is NOT included in the FATF list of uncooperative jurisdictions. Furthermore, Mauritius has never been black-listed by the Organisation for Economic Co-operation and Development (OECD).
Being an important trading and commercial hub in the region, Mauritius has enjoyed a substantial economic growth averaging 5% for the past two decades. The centre has actively diversified its economy and revenue streams which is based on tourism, textile manufacturing, agriculture, financial services and Information & Communications Technology. Mauritius is recognized as a leading regional centre for offshore fund structuring and administration, for investment particularly in Indian, Asian, Middle East and African countries. The Companies and Securities Act and Rules permit establishment of open and closed ended schemes, retail, professional, hedge and venture capital funds. Unit trust and partnership schemes and foreign recognized schemes may be registered in Mauritius
Mauritius will grow by doing what it already does well and developing further added services and features.