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By Gavin Butchart*
More and more South Africans are eyeing property investment and relocation to Mauritius as the island continues to introduce changes to make it an attractive investment and residence choice, against the backdrop of the collapse of property investments on home soil.
Mauritius started to relax restrictions with a phased approach and opened its borders last week to vaccinated travellers (for now, excluding South Africans) and will open further from October 2021 to fully vaccinated travellers, subject to a negative PCR test 72 hours prior to boarding, welcoming holiday makers, residents, investors and travellers back to the island.
Unlike the local market, where property values have largely stagnated and declined in many regions, in 2018 property prices in Mauritius were 133% higher than in 2010 and continue to grow.
The recent 2021/2022 annual budget presented by Dr. the Hon. Renganaden…