MAURITIUS How I Live: Relocating to Mauritius

How a move to Mauritius enabled a high-flying tech executive to swap the rat-race for sunshine time with his young family and new business opportunities.

MAURITIUS

How I Live: Relocating to Mauritius

How a move to Mauritius enabled a high-flying tech executive to swap the rat-race for sunshine time with his young family and new business opportunities.

Relocating to Mauritius -Athena Journal

43 year-old father of two, Thomas, spent much of his career as a top executive at technology giant, Apple, based between London and Paris.  Last year, he swapped the rat-race for sunshine and family-time when he bought a property in Mauritius.  

Why did you move?

The quality of life – if you have kids, it’s a no brainer.  It’s a much simpler, healthier way of living than we were able to give them than in either London or Paris.  The tax incentives definitely help, but it’s the lifestyle that was the primary pull.  The quality of life for Europeans coming with the wealth of the Euro or Pounds is much better than back home. 

How has your family adapted?

My daughter, who is 7, does a lot of outdoor activities, like horse-riding, tennis, and dance – she goes to a very good English school.  My son is 3 and he must be the happiest man on the planet! He spends his time between the garden and the beach.  It’s wonderful to be able to have full-time help around the house, so both my wife and I have more time to do other things.  She works part-time as a psychologist and I have a lot more time to do the things I love, like playing tennis and spending time with my kids. 

How have you approached the property market? 

Buying property in Mauritius is the quickest option to permanent residency.  We invested in a 3-bedroom property in a RES development that we chose to rent out.  It’s a lovely development of 18 apartments that overlooks Tamarin Bay – it isn’t directly on the beach but you can see the sea all the time, and the building is well-positioned and very well-designed.  For 3 bedroom, 3 bathrooms, a small garden, terrace, living room and study, we paid 575,000 euros.  We get with an average yield of 3.5%, which is not bad. 

Where do you live?

We chose to rent a larger place in the north with a bigger garden.  We hesitated between the North and the South-West, you can good schools near both, but the north is a bit more lively and more culturally diverse.  We have always lived in the centre of London and Paris, so as this is already a big change for us, we decided that being part of the local community was the better option!

What is the lifestyle like?

Of course, its much quieter than London - you don’t go to the opera and see U2 play every other day, but we were ready for that.  We still go to the theatre often, but it’s the out-door activities that make up for it  - taking the kids snorkeling, going boating with friends, everything here relates to the sea.  We’ve made a lot of new friends – young families from Europe who have done a similar thing to us, as well as some lovely locals. 

What is the work culture like?

Much of big business in Mauritius is family run, over-seen by a handful of large family groups.  Thankfully, they tend to be very forward thinking and are set on cementing Mauritius’ position as a hub for international businesses looking to expand into Africa, which is a tough market to crack.  There are lots of off-shore companies here and it’s a growing hub for BPO [Business Process Outsourcing], so there are a lot of opportunities where foreign people can add value and find work. 

Where do you work?

I am a board member of 2 companies here that belong to Mauritian families.  They have brought me onboard to help with business development and strategy.   As the economy is growing at around 6% p.a, there’s a lot to be done and you can really make your mark here, much more than in Europe or the US. 

What would your advice be for people looking to relocate to Mauritius?

Make sure you are moving for lifestyle, rather than just tax reasons.  It’s a big change, so it needs to be part of a long-term plan. 

Secondly, when you buy property, its gives you the right to live in Mauritius, but not to work.  This is an additional process, where you need to prove your worth through submitting a business plan and showing diplomas and qualifications, as well as bringing in 35,000 USD per person into the country.  Its good to be aware of this and start the process ahead of the move if you want to start working as soon as you arrive. 

Interested in exploring how relocating could benefit you and your family? Talk to one of our destination experts or browse our buying guide.

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