With an aim to attract hospitality investors from the Indian market, the Board of Investment (BOI), Mauritius, the official investment promotion agency of Mauritius government recently held an ‘Investors Roundtable Meet on Mauritius’ in the capital with certain hospitality players in India. During the meet, the board introduced Integrated Resort Scheme (combination of golf courses, hotels, health centres and villas) and Invest Hotel Scheme (buying hotels). This initiative has been undertaken in order to improve the economic condition in Mauritius. Dr Rama Sithanen, Vice Prime Minister and Minister of Finance and Economic Empowerment, Mauritius said that the Mauritius government has simplified taxation system and will not levy taxes on capital gains, there will be no restriction on foreign investment in the country, as well as will charge only 15 per cent corporate and personal income tax.
While revealing the target segments for tourism, apart from traditional products, |