How to secure your residency permit and enjoy exclusive tax benefits by purchasing properties in Zanzibar.
The Zanzibar Residency Scheme
In a bid to attract foreign investment, the government of Zanzibar rolled out an official Residency by Investment (Golden Visa) program in 2021. Under this scheme, any foreign buyer investing in properties inside approved real estate projects becomes eligible for legal residency permits.
This visa extends to the main investor's spouse and dependent children under the age of 18, allowing families to relocate, work, and live in Zanzibar long-term.
ZIPA Tax Incentives
Besides residency, Zanzibar boasts one of the most competitive tax regimes for property owners in Africa, designed to maximize your net return on investment.
Exclusive Tax Relief for Foreign Buyers:
No Capital Gains Tax: Enjoy 0% capital gains tax on the sale of your property asset.
Reduced Income Tax: Benefit from a flat 15% income tax rate on rental revenues.
No Withholding Tax: Zero withholding tax on dividends and repatriation of funds.
Exemption on Duties: Zero import duties on construction materials for approved projects.
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