The Seychelles is an archipelago of 115 islands in the Indian Ocean, off East Africa. It’s home to numerous beaches, coral reefs and nature reserves, as well as rare animals such as giant Aldabra tortoises. Mahé, a hub for visiting the other islands, is home to capital Victoria. It also has the mountain rainforests of Morne Seychellois National Park and beaches, including Beau Vallon and Anse Takamaka.

The medium-term economic outlook is positive. Real GDP is projected to grow 4.6% in 2021 and 5.8% in 2022 as economic activity increases and tourist arrivals rebound. Investor confidence is likely to be strengthened by the smooth transition to a new leadership after the opposition won in the October 2020 elections, which bodes well for the country’s medium-term economic outlook and its ability to sustain its recently acquired high-income status. The fiscal and current account deficits are projected to narrow to 1.0% and 31.1% respectively in 2021 and to 1.3% and 27.9% in 2022. Insufficient economic diversification and vulnerability to external shocks (more than 25% of GDP comes from tourism) and climate change pose the main risk to the outlook.

Reasons to invest in Seychelles:

  • Located in the heart of the Indian Ocean with excellent air connectivity to major hubs in the Middle East, Europe, Africa and Asia.
  • The main population is situated outside the cyclonic belt.
  • Favourable time zone of GMT+4.
  • Temperature ranges from 25-32 degrees Celsius throughout the year.
  • 96% literacy rate with increasingly educated and skilled workforce.
    Politically and economically stable environment.
  • A growing economy with expanding opportunities in Fisheries, Agriculture, Real Estate, Adventure Tourism, ICT and Energy.
  • Fiscal incentives for investments in the Tourism, Agriculture, Energy and Fisheries sector.
  • 1st in Africa and 27th in the world on the Corruptions Perceptions Index 2019.
  • 2nd Highest GDP per Capita in Africa.
  • Offers a world class financial centre with no foreign exchange restrictions.
  • Ranked 3rd for the Mo Ibrahim Index of African Governance.
  • 1st in Africa on the Human Development Index (2019).

Download Resources

  • Seychelles_Promoting_Technology__Innovation.pdf pdf (6685kb) [ download ]

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