Vistra has opened a new office in Mauritius to target the growing opportunities in the region and in particular in the African and Indian markets. Vistra (Mauritius) Limited opened on 02 April, following the granting of a licence to operate as a Mauritius management company by the local regulatory authority.
Vistra believes Mauritius offers an excellent gateway for clients seeking investment structuring solutions for African markets, given the continent’s vast natural resource wealth and rapidly growing economies. At the same time, Vistra believes having a Mauritius base will offer significant opportunities to target inbound and outbound investments in the Indian economy, one of the fastest growing and most vibrant in the world.
Demand for corporate structuring solutions is expected to come from a range of countries, as interest in the African and Indian markets is global. In particular, Vistra is expecting to win business from clients in the USA, Europe, South Africa, Southeast Asia, India, Africa, Middle East and Australia. The group already has a network of 22 offices across many of these locations, so its existing network of intermediary partners and clients are anticipated to contribute a major flow of referrals.
Commenting on the new office opening Bart Deconinck (pictured), Executive Chairman, says: “This latest addition to the Vistra network of worldwide offices will give us an important base from which we will be able to serve the needs of clients looking for corporate structuring solutions in two of the world’s most dynamic economic regions.”
Oliver Hoyng, Director, says: “Within the Vistra group, our own research has told us that there will be significant interest in our new Mauritius office from existing as well as new clients. We will tap into and meet this demand, as we can now significantly broaden the range and scope of services we are able to offer clients. As well as providing corporate services solutions, we are looking forward to exploiting the rapidly growing local market for international wealth planning opportunities in the region too.”