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Investec Launches Mauritius Operation

by Philip Morton, Investors Offshore.com

11 December 2003


It emerged this week that Investec Trust (part of the Investec Group) will be establishing an operation in Mauritius.

According to reports, the office will offer a number of services to international clients, including the formation and administration of trusts, and the creation of both tax resident and non-tax resident Mauritan companies. However, it will also specialise in the development of financial planning opportunities in South Africa.

Speaking this week, CEO of Investec Trust, Robert Clifford announced that:

"Mauritius is an ideal location: not only is it positioned in a favourable time zone between Europe and Asia, but it also offers stability and beneficial local tax rules within a framework of structured yet transparent regulation."


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