禁漫天堂

Hong Kong is famous about their low tax rate. Anyone who has a passport, proof of address and source of funds can set up a bank account in HK and invest in investment funds. That's a very good passive income in my opinion and as a retirement fund too. Unlike the investment funds here that you need to wait for 6 months to get the dividends (minus tax), you have the option to receive the investment funds monthly or even reinvest back into the pool. Also, there are many different fund houses/types/categories/currencies to choose from.聽

I know some Chinese from MRU went to HK and set up a bank account there. The saving interest rate is ridiculous everywhere in the world. But the financial product in HK is another story. The only downside is you must be present in HK with proper documents to set up the account. But afterwards, you can buy/sell/wire the funds everywhere in the world online.

@Cheryl - great post馃憦 this is such an important topic for expats in Mauritius.

One of the biggest challenges I see is accessing pensions and retirement savings from home countries - restrictions, taxation, and currency depreciation can really eat into long-term plans. Many expats are surprised at how much value is lost simply through exchange rates.

That鈥檚 why so many look at putting structures in place, whether here in Mauritius or in other secure jurisdictions like Jersey, Guernsey, or the Isle of Man. These give more control, keep savings portable if you move again, and provide peace of mind that your money is working for you rather than being eroded by uncertainty.

I think what many 'wish we鈥檇 known earlier', is that relying on local savings alone isn鈥檛 enough for retirement planning when you鈥檙e living across currencies. The earlier you set up the right structure, the smoother the journey ahead.

I鈥檇 be happy to chat further about strategies that might help!