MATCO has been shortlisted in the International Investment Awards 2023 in the following category:

Excellence in Trust and Estate Planning

MATCO’s philosophy of trust and belief in forging long-term relationships, based on mutual commitment and trust in identifying and exploiting opportunities for financial growth, has been recognised with this nomination.

The International Investment Awards 2023, the 24th annual event, is regarded as the flagship awards event in international financial services and is the longest running event of their kind.

Congratulations to all the shortlisted candidates. The MATCO team looks forward to the official Awards ceremony on Thursday 12 October 2023 and the continuous support of all MATCO’s partners.

For any information on MATCO and its services, please do not hesitate to contact us at bd@matcotrust.com or on +230 403 7075.

With its competitive, broad-based economy, Mauritius is attracting considerable foreign investment and drawing high-net-worth individuals and families from around the globe.

According to the latest Africa Wealth Report, Mauritius is ranked among the top 10 wealthiest countries in Africa and is expected to experience the highest wealth growth rate at 75% over the next decade (to 2032). This will make it the fourth fastest growing country in the world over this period in millionaire growth percentage terms, after Vietnam, India and New Zealand.

The 2023 Africa Wealth Report is the continent’s annual benchmark for wealth research and is now in its 8th year, providing a comprehensive review of the wealth sector in Africa, including trends among HNWIs, the luxury market and wealth management.

Described as ‘Africa’s big success story’ and a ‘millionaire magnet’, Mauritius has grown to become a top investment destination in Africa and a hub for business as it is perfectly positioned between Asia and Europe.

To read the full report, click here.

Mauritius is the only African country to be classified as full democracy according to the latest Democracy Index report published by the Economic Intelligence Unit (EIU).

The report, titled Democracy Index 2022: Frontline democracy and the battle for Ukraine, examined the state of democracy across the world in 165 independent states in 2022. The Index is based on five categories: electoral process and pluralism, functioning of government, political participation, political culture and civil liberties. Based on its scores on a range of indicators within these categories, each country is then classified as one of four types of regimes: “full democracy”, “flawed democracy”, “hybrid regime” or “authoritarian regime”.

Mauritius was ranked among the 24 countries in the world considered as ‘full democracy’ and is the sole country to be classified as such in Africa with an overall score of 8.14 out of 10.

Click here to read the full report.

Great news!

Following the 22nd Council of Ministers meeting of the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG) on 2 September 2022, Mauritius was successfully upgraded on Recommendation 15 to ‘Largely Compliant’.

Mauritius is now compliant with all the 40 recommendations of the Financial Action Task Force (FATF).

This decision clearly demonstrates the commitment of the government and all stakeholders in ensuring that the country complies with all AML and CFT regulations and, as such, further strengthens Mauritius as a reputable international financial centre.

Click here to read the communique issued by the Ministry of Financial Services and Good Governance.

 

Mauritius ranks 1st in Sub-Saharan Africa and 28th globally on the Global Peace Index 2022.

The 16th edition of the Global Peace Index (GPI), published by the Institute for Economics & Peace, has classified Mauritius as the most peaceful country in the region. The GPI which ranks 163 independent states and territories according to their level of peacefulness, has ranked Mauritius as 28^th globally, an improvement over the previous year. This excellent classification by the GPI testifies to the conducive environment for business and leisure prevailing in the country, whether for the local people or foreign individuals.

If you are looking at relocating to Mauritius, get in touch with us and we will gladly assist.

Click here to view the 16^th Edition of the Global Peace Index.