Rich South Africans moving to seaside village known as Africa’s “Boere Monaco”
- Black River in Mauritius recorded a 120% increase in its dollar-millionaire population over the past decade.
- The area is attracting wealthy South Africans due to its favourable financial, tax, and business environment, as well as lower crime rates and foreign-exchange controls.
- Mauritius is now considered a major destination for South African expats, with many relocating to the island for its stable environment and opportunities for investment and business.
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