New Law Amendment, Foreigners can Invest in Tanzania Real Estate
Great news! Tanzania has approved a new residence permit law for real estate investors like you, Resident Permit CLASS A - C 11.
Here are the requirements for buyers in special investment zones, such as the Fumba Town Development Project:
1. Police clearance from your home country or place of residence.
2. A recommendation or qualification letter from either the Zanzibar Investment Promotion Authority (for Zanzibar) or the Tanzania Investment Centre (for the mainland).
3. Proof that the property you’re buying is worth at least USD $100,000 ( both for properties purchased from resales and the off-plan sold ones, that come with flexible installment payment plans).
4. Certificate of occupancy or title deed for one or more properties within this price range.
See the ammended immigration PDF
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Take a look at our ready-to-move-in options here: https://hamiahapa.co.tz/projects/
