Legacy Capital helps clients to structure their personal wealth to ensure that the family legacies are preserved and enriched through generations. The exceptionally affluent in Africa and Europe are on the look-out for a safe hub to domicile and grow part of their wealth, and Mauritius boasts all the attributes for being that hub, in terms of protection of property and assets, as well as having tax incentives on Family Offices.
Legacy Capital promotes both single and multi-family office schemes to its high net worth clients who can domicile a minimum of USD 5 million, and we also manage and structure their portfolio of securities through Mauritius.
A Family Office (FO) may be structured as a domestic entity or an entity holding a Global Business Category 1 Licence. It acts as the guardian of assets and financial affairs of the high net worth clients.
The income earned by a FO is exempted from taxes in Mauritius. However, in order to benefit from tax holidays:
- A single family office should employ at least 1 professional and have assets under management of more than USD 5 million
- On the other hand, for a multiple family office, the company should employ at least 3 professionals and have assets under management of more than USD 5 million for each family
At the same time, Legacy Capital promotes the immigration visas of Mauritius, which consist of a work and live permit delivered by the Board of Investment, as well as their eligibility to acquire high luxury residential properties.
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Legacy Capital is helping its esteemed clients worldwide to do business. If you have any questions about our service offerings, please email us using our contact form and our dedicated team will reply to your queries