FAQs
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Yes, it is safe to travel to the Zanzibar Islands. This is one of the safest African destinations, even for solo female travelers.
The Zanzibar Archipelago is part of Tanzania, which is one of the most stable African countries. Tanzania is ranked as the most peaceful country in East Africa, in fact.
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Money is being distributed on a quarterly basis.
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There is a policy called PVT that protect from politics, violence and terrorism. The insurance company is one of the most familiar from East Africa and owned by a British company. Among their clients are Melia, Golden Tulip and Zuri.
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Quarterly update will be sent out to all investor alongside the payments. At the end of each year a full financial report will be sent as well.
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In Zanzibar, land or hotels are registered in the land registry along with all associated partners. The land is leased from the Zanzibar government for an initial term of 33 years, with the option to extend the lease up to a maximum of 99 years. Monthly lease payments are notably low, making it an attractive investment opportunity.
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There is a local management company that appoints managers and supervises them.
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We are collaborating with Deloitte, a leading accounting firm, to ensure that the process is transparent, efficient, and professionally managed..
Land Purchase Tax: When purchasing land, the tax rate is 1–3%.
Hotel Purchase Tax: If buying an existing hotel (including the land), the tax rate is 10%.
Corporate Tax: The corporate tax rate is 25%.
Taxes on Returns:
Dividends: A 10% tax applies to dividend returns.
Capital Gains: A 20% tax applies to project capital gains.
Double Taxation: Zanzibar has agreements in place to prevent double taxation with other countries.
A K-1 will be provided to each investor by the end of each year.