My answer is a combination of three ingredients:
- Commonwealth heritage
- Neutral geographical location (free of international meddling)
- Other accidental geographical advantages
Mauritius is alsopart of the Commonwealth, which gives it a financial edge in tax haven (aside from being a hot tourist destinationtreaties and international banking, a stable democracywhere other Commonwealth and former Commonwealth countries are concerned. Its shared Commonwealth history also gives it the same shared cultural values, having a decent standard of livingthe same institutions, the same legal and having visa-free travel reciprocity withadministrative frameworks, the same shared official language, and a numberlot of the same shared wealth.
And at the same time, Mauritius is still a small independent country and it is so remote from other world powers and far enough away from African countries) that it's not threatened geographically by those other countries or those other world powers, nor does it threaten those others by its very location.
And in the end, it's not just those two things. Its unique geographical location makes it a unique nice tourist destination, but its proximity to Africa makes it also an ideal independent outpost and an ideal tax haven for international corporations wishing to transfer capital to and from Africa.
OFFSHORE SECRECY
Tax Haven Mauritius’ Rise Comes At The Rest Of Africa’s Expense
Companies are rushing to the island nation to benefit from secrecy and tax benefits.