Mauritius:
Investing In Mauritius – Exchange Control
13 January 2017
Juristconsult Chambers
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Are there any restrictions or limitations with respect
to exchange control?
There are no restrictions on currency and capital exchange in
Mauritius.
The government of Mauritius abolished foreign exchange control
by suspending the Foreign Exchange Control Act in 1994 in order to
enable free repatriation of capital. Consequently, no approval is
required for the repatriation of profits, dividends, and capital
gains earned by a foreign investor in Mauritius. A foreign investor
faces no legal obstacles when transferring profits made in
Mauritius or divesting its assets in Mauritius and returning to its
home country.
Originally produced by Juristconsult Chambers for DLA
Piper.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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