Additionally, Mauritius has made significant strides in the Fintech sector, as highlighted by its improved position in the GFCI 35 Fintech Index rankings. Mauritius, is now ranked 87th, moving from the 101st spot in March 2023. With a burgeoning ecosystem conducive to innovation and entrepreneurship, Mauritius is increasingly recognised as a hub for Fintech development and investment.

Mauritius, with its robust financial infrastructure and conducive business environment, has  secured prominent positions in the indices. The results of the GFCI 35 showcased Mauritius climbing the ranks, reflecting its continuous efforts to enhance its financial ecosystem and attract international investments. This achievement underscores the country’s commitment to fostering a thriving financial sector that promotes growth, Innovation, and sustainability.

As Mauritius advances in both the GFCI 35 and Fintech Index rankings, the country looks   forward to further collaboration with international partners, stakeholders, and investors to drive sustainable growth, promote financial inclusion, and harness the transformative   power of technology for the benefit of all.

Access the full communiqué: Here

The post 1. Mauritius ascends Global Financial Centres Index (GFCI 35) ranks, establishes firm footing as a premier financial destination. first appeared on Arch Global Consult.

A company can directly invest in an African country. However, there is no guarantee if that country changes the law, and there could be a threat to assets and investments. Routing the investment through Mauritius ensures the safety of the investment due to the trade agreements with various African countries.

Leveraging Mauritius’ expertise in finance and its established networks, Mauritius aims to explore avenues for enhancing investment flows into Africa, thereby       contributing to the economic development of the region. Mauritius and India share deep-rooted cultural and diplomatic ties, spanning generations, and the Mauritius International Financial Centre (IFC) played a pivotal role in India’s growth during the late 90s and early 2000s, continuing to serve as a key jurisdiction for structuring foreign investment into India. It    remains complementary to initiatives like GIFT City and other Indian IFCs. This multi-city visit highlights the potential for collaboration,   innovation, and prosperity be between our nations.

The mission aimed to facilitate elevated dialogues delving into prospective partnerships in key areas such as financial services, IT, and private markets, with a specific emphasis on discerning synergies and crafting frameworks for mutually advantageous cooperation. Aligning with the overarching goal of fostering shared prosperity, the  delegation will further explore opportunities to reinforce the India-Africa Corridor.

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The post 2. Mauritius most Suitable gateway for Indian investors to Africa first appeared on Arch Global Consult.

Mauritius boasts numerous benefits, such as a remarkable history of political stability, a cutting-edge infrastructure, and a robust dual legal system, among others.

Moreover, Mauritius offers an Occupation Permit (OP) that enables foreigners to live and work in the country. This permit serves as both a work and residence authorization. Individuals from abroad can apply for an Occupation Permit in one of three categories: as an investor, a professional, or a self-employed individual. Additionally, foreigners who are at least 50 years old have the option to retire in Mauritius by     obtaining a Residence Permit (RP) as a retired non-citizen.

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The post 3. Working and living in Mauritius first appeared on Arch Global Consult.

The collaboration between RuPay and UPI is expected to boost trade and tourism between Mauritius and India by providing a convenient and efficient payment solution for people and businesses. Furthermore, it will contribute to Mauritius’ transformation into an international financial center.

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The post 4. UPI payment services launched in Mauritius first appeared on Arch Global Consult.

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The post 5. Russia has decided to open up its Forex market to banks in Mauritius first appeared on Arch Global Consult.

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The post 6. Mauritius remains in adherence with all 40 FAFT recommendations. first appeared on Arch Global Consult.

Celebrating women’s emancipation and gender equality at Arch Global Consult Ltd, we marked this special day with great appreciation for the powerful women in the office, heartfelt message, and small gifts, capped off with a cake cutting ceremony. Here is to another year of being surrounded by empowering women.

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The post 7. Celebrating International Women’s Day at Arch Global Consult Ltd first appeared on Arch Global Consult.

Celebrating 56 Years of Independence: Arch Global Consult Ltd Joins Mauritius in Festivities

March 12th, 2024 – Mauritius marked its 56th Independence Day with resplendent fervor and patriotic zeal, and Arch Global Consult Ltd was at the heart of the vibrant celebrations. The jubilant occasion witnessed a mosaic of cultural exuberance, with the singing of patriotic anthems, lively dancing, and a profound embrace of Mauritian heritage.

As the nation rejoiced in its journey towards sovereignty, Arch Global Consult Ltd proudly participated in honoring this significant milestone. Amidst the festivities, our team immersed themselves in the rich tapestry of Mauritian culture, fostering unity and camaraderie amongst all.

“Cheers to another year of peace, justice, and liberty!” Arch Global Consult Ltd.

As we reflect on this momentous occasion, Arch Global Consult Ltd reaffirms its commitment to supporting Mauritius’s progress and prosperity. Here’s to many more years of shared success and collective pride. Happy Independence Day, Mauritius!

The post 8. Celebrating 56 Years of Independence at Arch Global Consult Ltd first appeared on Arch Global Consult.

In a compelling presentation, the Deputy CEO of EDB highlighted the secure and business-friendly attributes of the Mauritius IFC. They specifically drew attention to the appropriate company structures available for mining operators and emphasized the potential for establishing regional headquarters and treasury centers within Mauritius. Key points of emphasis revolved around Mauritius’ security measures, robust legal framework, advantageous tax policies, global market accessibility, financial expertise in compliance with international standards, and economic stability.

 Access the full communiqué HERE.

The post Exploring Investment Opportunities in Mining: EDB’s Presentation at Singapore Mining Day 2023 first appeared on Arch Global Consult.

By awarding Mauritius a BBB-/A-3 Outlook Stable rating, Standard and Poor has cemented the nation’s standing as the sole International Financial Centre in Africa with an investment-grade rating. Standard & Poor’s has acknowledged Mauritius as a significant player in the global financial arena, emphasizing its economic robustness. In a similar vein, Moody’s recognized the country’s substantial growth and fiscal advancements. These favorable developments represent a noteworthy enhancement in Mauritius’ financial position.

The Bank maintains its dedication to stimulating economic growth, ensuring stability, and fortifying resilience. It continues to collaborate with stakeholders through its Committee on International Developments to act in the best interests of the nation and its citizens.

Access the full communiqué HERE.

The post Standard & Poor’s maintains Mauritius’ “investment grade” standing, while Moody’s elevates the sovereign Scorecard-indicated outcome to Baa1-Baa3 first appeared on Arch Global Consult.