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Turning east and west for wealth planning

Mauritius has used India, China and various African countries for investing, and trusts are now being used by clients from mature European markets as well, says Yuvraj Juwaheer

10 April 2014

Mauritius has a well-diversified and structured economy and has successfully emerged as a reliable international financial services centre over the past two decades. It has fully collaborated with the Organisation for Economic Co-operation and Development (OECD) and is positively assessed and appraised by the Financial Action Task Force, the International Monetary Fund and the World Bank.

Having made striding efforts and met international regulatory requirements, it is increasingly being used for collective investment schemes in India, China and various African countries. It continues to record good economic growth even with the worldwide slowdown. And Forbes’ eighth annual survey, released in December, shows Mauritius as the only African country among the top 40 economies worldwide for doing business.

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