DestinationsMauritius
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Open a bank account in Mauritius

⚠ CRSFully remoteNon-residents OKfrom £1,900

Who we work with

We work exclusively with Mauritian private banks. All of them allow remote opening. The exact minimum deposit is discussed individually; one bank has a fixed minimum of USD 500,000.

About this destination

Mauritius has established itself as one of the leading financial centres of Africa and the Indian Ocean. The country has a stable, well-regulated banking system with English-language service. The combination of low tax rates, political stability and modern financial law makes Mauritius an attractive choice for international entrepreneurs and investors.

Banking system

All figures are indicative and subject to change. Not investment advice.

Key banks
Mauritius Commercial Bank (MCB), SBM Bank Mauritius, AfrAsia Bank, Absa Bank Mauritius, Bank One, Standard Bank Mauritius
Credit rating
Moody's Baa3 (stable) / S&P BBB- (stable), as of 2025
Deposit guarantee
Deposits protected by the Bank of Mauritius Deposit Insurance Scheme (DIS) up to MUR 300,000 per depositor
Currency
Mauritian rupee (MUR), freely convertible, 1 EUR ≈ 49 MUR (April 2026)
Inflation
approx. 4.5% (2025/2026)
Deposit interest
Typical savings rates 2–5% p.a. on MUR accounts; USD/EUR accounts approx. 1–3% p.a.
Banking secrecy & CRS
Mauritius is a CRS participant and exchanges financial data automatically. Banking secrecy is enshrined in law but limited within the CRS framework.

Knowledge & background

Why bank outside the EU?

EU account registers, EAPO, bail-in risk and de-banking — the full picture.

How our service works: step by step

Five steps from order to activated account.

Declaring your offshore account: what you must report

CRS, FATCA and national reporting obligations explained clearly.

Bail-in explained: when your savings become bank capital

What the EU Bank Recovery and Resolution Directive means for depositors.

Questions first?

We'll tell you within 24 hours whether this destination fits your profile.

Quick overview

CRS status⚠ CRS
Minimum depositfrom USD 500,000 (private banks)
Remote openingFully remote
Non-residentsNon-residents OK
Service feefrom £1,900

Not sure if this fits? Free consultation →

Requirements note

Proof of address and phone number must come from the same country — and that must be a genuine residence, not a PO box address. Our Nomad Package sets up a recognised address in the Philippines, including all required documents. Fully remote, no travel required. Ready in 1–2 weeks.

What's included in our service

  • Personal bank introduction
  • Document preparation and review
  • Application coordination
  • Ongoing support until account is active
  • Compliance and AML guidance

All information is provided for general guidance only and does not constitute legal, tax, or financial advice. Regulations and bank policies change; always verify current requirements before proceeding.