Kenya investors have turned to Zanzibar as a new investment destination following the opening up of the island’s economy to foreign investors.
According to German Real Estate Firm CPS Kenyan investors amount to 30 percent of investors betting on the island.
“We are seeing a lot of interest from Kenyans who want to invest in the island, Kenya is currently the third largest investor after Tanzanian locals in first place followed by UAE,” said Sebastian Dietzold, Chief Executive CPS.
The firm set up operations in the Kenyan market, to offer investment opportunities for real estate projects in Zanzibar.
The Zanzibar based firm is also targeting Kenyan investors seeking to expand their investment portfolios to buy into its current projects Fumba Town and The Soul in Zanzibar, with backing from the Government of Zanzibar which aims to increase private investments into the islands.
“Fumba Town is the first big project we have in the East African region, and we are here to promote Zanzibar as an investment destination for Kenyans, with very attractive properties, high return on investment and appreciation of capital. We offer low starting prices, which are hard to find in Kenya, investing into a booming economy which is very investment friendly,” he added.
Fumba Town is a modern spacious cosmopolitan community located in the tropical island of Zanzibar. It is a combination of beautiful, equitable homes within a carefully designed masterplan creating safe, green and family-friendly communities.
Further CPS is developing the residential resort ‘The Soul’ on the East Coast of Zanzibar, one of the most attractive tourism spots on the island and famous worldwide as a kite surfing destination. The Soul offers holiday apartments which can be managed on a serviced apartment scheme, generating high returns for its investors.
Zanzibar has seen a strong development as a highly attractive tourism destination with growth rates of 15 percent and above each year. Additionally, Zanzibar’s Urban West Region is experiencing a strong population growth with over 6 percent per annum, creating a huge demand in the housing sector.
In July, the government of Zanzibar, announced a new tax and residency programme for foreigners seeking to live and invest in the island.
The new investor programme, allows real estate investors to acquire a residency permit as an investor, meaning the party will be allowed to live in Zanzibar as a non-citizen.They are also not required to live in Zanzibar permanently.
New tax and residency benefits for real estate buyers include; No Income tax on worldwide income and wealth, Resident permit for VILLA buyer plus Partner and up to four children under 20 years of age, First buyer pays only 50 percent of normal capital gains on sale of unit, at 5 percent instead of 10 percent, Foreign ownership allowed ,Income tax is halved only on local income- 15 percent instead of 30 percent, applicable to foreigners only.
Business investors wanting to invest in ventures such as restaurants, bars, watersports and retail operations will receive similar benefits as real estate investors through approved “Strategic Investment” projects only.
887536 807214I believe one of your commercials caused my internet browser to resize, you may nicely want to put that on your blacklist. 131865
338981 11037There is noticeably a bundle to recognize about this. I assume you produced specific good points in functions also. 840469
421725 144395Sweet internet website , super style , genuinely clean and utilize genial . 968552
519979 261222I would like to see much more posts like this!.. Excellent weblog btw! reis Subscribed.. 148412
buy cialis online generic tadalafil 20mg india
stromectol covid 19 buy ivermectin online
https://stromectolgf.com/# ivermectin buy australia
stromectol for sale buy stromectol canada
pain meds online without doctor prescription prescription drugs
https://drwithoutdoctorprescription.online/# buy prescription drugs online without
pet meds without vet prescription pet antibiotics without vet prescription
cialis soft tabs cialis pills
how to get prescription drugs without doctor prescription drugs online without doctor
mexican pharmacy without prescription pain medications without a prescription
https://drwithoutdoctorprescription.com/# buy prescription drugs online without
https://sildenafilmg.online/# viagra amazon
viagra from india 100mg viagra
viagra cost best over the counter viagra
https://sildenafilmg.com/ order viagra online
viagra without a doctor prescription viagra shop
https://sildenafilmg.online/# viagra 100mg price
viagra for men viagra cost per pill
where to buy viagra viagra shop
when will viagra be generic generic viagra walmart
best place to buy generic viagra online viagra
can you buy doxycycline over the counter usa doxycycline generic price
prednisone for sale no prescription prednisone 30 mg coupon
zithromax cost australia where can i buy zithromax capsules
doxycycline 100mg tablet brand name doxy 100
buy prednisone from canada prednisone medicine
https://doxycyclineforsale.life/# buy doxycycline without rx
zithromax 500 mg lowest price online zithromax coupon
amoxicillin 500 mg brand name where to buy amoxicillin
metformin where to get metformin 50 1000 mg
https://buylasix.icu/# furosemide 40 mg
https://buytadalafil.men/# how much is tadalafil
https://buylipitor.store/# lipitor 20mg
https://buylasix.icu/# furosemida 40 mg
https://cipro.best/# ciprofloxacin
neurontin 600 mg tablet medication neurontin 300 mg
https://cipro.best/# where can i buy cipro online
buy ciprofloxacin over the counter п»їcipro generic
https://erectionpills.best/# new ed treatments
https://diflucan.icu/# diflucan online australia
diflucan 1 where to buy diflucan for sale
diflucan gel diflucan pill otc
buy prescription drugs from canada cheap buy prescription drugs
neurontin cost in singapore order neurontin
buy prescription drugs without doctor canada ed drugs
https://cipro.best/# cipro for sale
diflucan 200 mg over the counter diflucan india
best pills for ed cures for ed
https://cipro.best/# ciprofloxacin generic
https://withoutprescription.store/# prescription meds without the prescriptions
neurontin 300 mg price neurontin 150 mg
diflucan 100 mg tab can you diflucan over the counter
ciprofloxacin generic buy generic ciprofloxacin
https://withoutprescription.store/# best online canadian pharmacy
ivermectin uk coronavirus order stromectol over the counter
impotence treatment top rated ed pills
doxycycline doxycycline
clomid male clomid coupon
clomid 100mg for sale clomid coupon
erectile dysfunction drug compare ed drugs
ed meds best ed treatment
https://edpills.best/# cures for ed
erectile dysfunction treatments non prescription erection pills
https://clomidonline.icu/# clomid
cheap doxycycline doxycycline
best ed pill best ed drug
how can i order prescription drugs without a doctor best pill for ed
top erection pills buy erection pills
https://clomidonline.icu/# buy clomid
ivermectin cream cost stromectol for sale
generic ivermectin buy stromectol
https://clomidonline.icu/# clomid 100mg for sale
stromectol 12 mg tablets stromectol 3mg tablets
stromectol 3 mg tablets price stromectol 12 mg tablets
ivermectin orally stromectol 12 mg tablets
stromectol for humans for sale stromectol 12 mg tablets
https://stromectoltrust.com/# stromectol 12 mg tablets
how to buy stromectol stromectol
https://stromectoltrust.com/# stromectol 3 mg tablets price
stromectol 3 mg tablets price stromectol 3 mg tablets price
stromectol 3mg tablets stromectol 12 mg tablets
treatment for erectile dysfunction online drugs
https://pharmacyizi.com/# natural ed treatments
https://pharmacyizi.com/# prescription drugs online without doctor
drug pharmacy buy prescription drugs
https://pharmacyizi.com/# natural ed remedies
https://pharmacyizi.com/# shots for ed
https://pharmacyizi.com/# over the counter ed medication
online meds for ed medications online
cheap erectile dysfunction pills natural ed drugs
https://pharmacyizi.com/# prescription drugs without doctor approval
https://pharmacyizi.com/# pills for ed
https://pharmacyizi.com/# vitality ed pills
https://pharmacyizi.com/# is ed reversible
https://erectionpills.shop/# medications for ed
best rx pharmacy online canadian pharmacy no scripts
https://canadiandrugs.best/# canadian online drugstore
pet antibiotics without vet prescription best non prescription ed pills
https://onlinepharmacy.men/# online pharmacy delivery dubai
ed treatment review top erection pills
https://erectionpills.shop/# cures for ed
erectile dysfunction pills ed meds online without doctor prescription
canadian pharmacy without prescription Promethazine
https://onlinepharmacy.men/# canadian pharmacy without prescription
canadian pharmacies online canadian pharmacy online
https://erectionpills.shop/# ed dysfunction treatment
ed pills best ed drug
https://onlinepharmacy.men/# compare pharmacy prices
Ginette-35 Malegra DXT
https://allpharm.store/# Bystolic
canada ed drugs best online canadian pharmacy
https://onlinepharmacy.men/# specialty pharmacy
https://onlinepharmacy.men/# canadian pharmacy cialis 20mg
https://canadiandrugs.best/# non prescription ed drugs
Avalide canadian pharcharmy onlinecanadian online pharmacy
Requip order medicine online
https://canadiandrugs.best/# ed meds online without doctor prescription
pharmacy coupons discount pharmacy online
how to get prescription drugs without doctor prescription drugs online
https://erectionpills.shop/# best ed treatment pills
cost of stromectol how to buy stromectol
ivermectin for cat ear mites stromectol covid
http://stromectolbestprice.com/# how fast does ivermectin work
stromectol 12mg online stromectol dosage for scabies
pour on ivermectin for cats can i buy ivermectin in mexico
https://stromectolbestprice.com/# how much ivermectin to give a dog
stromectol 3 mg tablets price ivermectin (stromectol).
erectile dysfunction pills best natural ed treatment
prescription drugs online without cheap erectile dysfunction
Right now it looks like BlogEngine is the top blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?