Are there any restrictions or limitations with respect to exchange control?
There are no restrictions on currency and capital exchange in Mauritius.
The government of Mauritius abolished foreign exchange control by suspending the Foreign Exchange Control Act in 1994 in order to enable free repatriation of capital. Consequently, no approval is required for the repatriation of profits, dividends, and capital gains earned by a foreign investor in Mauritius. A foreign investor faces no legal obstacles when transferring profits made in Mauritius or divesting its assets in Mauritius and returning to its home country.
Originally produced by Juristconsult Chambers for DLA Piper.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.