Zanzibar, part of Tanzania, has introduced a real estate–based residency program offering flexible living options and tax advantages.
• Eligible property: residential, commercial, or raw land; non-residential purchases require approval. • Residency permit: no minimum stay, renewable while owning the property; covers main applicant, spouse, and up to four children under 20. • Government fees: $3,000 for the main applicant, $550 per additional family member. • Tax benefits: no tax on worldwide income, 50% reduction on local property capital gains and income tax, no withholding taxes. • Climate: average 26°C from December to March, suitable for winter stays and holiday homes. • Caveats: not intended for citizenship (dual citizenship not allowed); market and infrastructure are developing.
Takeaway: Zanzibar’s residency program is an affordable, flexible option for investors seeking a warm, non-correlated winter base with tax benefits, though citizenship and infrastructure limitations should be considered.
