Mauritius’s star continues to shine, with total investable wealth on the island increasing by 67 per cent from 2015 to 2025, according to wealth intelligence group New World Wealth. It was the fastest-growing market in Africa over this period, in line with earlier predictions, and ranked sixth overall among Africa’s wealth markets. Growth in the centi-millionaire segment was over 150 per cent.
A recent report, released in collaboration with Mauritius Commercial Bank (MCB) and boutique investment advisory firm Stewards Investment Capital, highlights Mauritius as the wealthiest country in Africa on a per capita basis (USD 40 800), way ahead of South Africa (USD 11 700) in second place, highlighting the island’s strong financial health.
A growing high-net-worth population
Approximately 4 800 millionaires, or high-net-worth individuals (HNWIs), defined as having liquid wealth of USD 1 million or more, reside on the island as of June 2025. Of these, 14 are ultra-wealthy centi-millionaires.
Stability, governance and tax efficiency
There are several reasons for this, and they have remained consistent over the years. Mauritius appeals to HNWIs thanks to its thriving financial services sector, safety and security, and relatively low taxes.
“Ranked Africa’s most stable nation in 2025, Mauritius stands out for its strong governance and resilient economy,” says Mahen Abhimanu Kundasamy, CEO of the Economic Development Board of Mauritius. Commenting in the latest Expat Guide 2026 Edition, he says this stability reinforces the island’s appeal as a reliable long-term residence for expatriates, supported by government reforms designed to simplify access to residency.
“Mauritius aims to be a destination that adapts to every profile, from digital nomads seeking flexibility, to seasoned investors in search of opportunity, to retirees looking for a serene island lifestyle,” he adds.
A safe and globally connected financial centre
Mauritius is the safest country in Africa, according to the Global Peace Index. It also holds top spot in the Global Financial Centre Index 2025 (GFCI 38). The standard corporate tax is 15 per cent, while the top rate of the standard income tax is 20 per cent. There is no capital gains tax and no estate duty.
Strategically positioned, Mauritius serves as a convenient base for doing business across Southern and East Africa. France, South Africa, the UK and the UAE are among the countries investing heavily in the island, according to the Bank of Mauritius.
Lifestyle appeal and property investment
Investors can obtain automatic permanent residency by buying a home for at least USD 375 000 in the country, while the weather, lifestyle, and natural attractions provide further incentives. Mauritius is home to several bird species unique to the island, including the Mauritius Fody, the Mascarene Paradise Flycatcher and the iconic Mauritius Kestrel.
The island is also considered a global leader in eco-estate living, with world-class developments such as Anahita, Heritage Villas Valriche, Azuri, Mont Choisy, Erok, and One&Only Le Saint Geran Private Homes standing out in the well-developed luxury residential market. Mauritius also boasts a significant number of luxury hospitality hotel groups, including LUX* Resorts & Hotels, Beachcomber Resorts & Hotels, and Four Seasons.
With the national airline, Air Mauritius, flying direct to London, Paris, Dubai, Geneva and Cape Town, among other destinations, the island’s sunny shores and warm climes are within easy reach.
