Beating Mauritius
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February 23, 2021Low cost of setting up funds and compliance are also big pull factors. “Lower cost of operations and compliance requirements make Cayman Islands attractive. There has been a dip in FDI from Mauritius and Singapore and Cayman Islands, with its low operating cost, is increasingly replacing the two,” says Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors LLP. Increasing regulations and costs in Singapore and grey-listing of Mauritius have been key triggers for the rise of Cayman Islands.