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.