Cayman Islands beats Mauritius! FDI into India surges to $2.1 billion

“The lower cost of operations and lower compliance requirements makes Cayman Islands more attractive. There has been dip in FDI inflows from Mauritius & Singapore and Cayman Islands with lower operating cost is increasingly replacing the same. Increasing regulations and cost of operations in Singapore and grey listing of Mauritius is an additional factor leading to investments being routed through Cayman Islands. Increase by nearly 300 per cent of FDI from Cayman Islands would keep the taxman in India on their toes,” says Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors LLP.