Rwanda's New Capital Gains Tax was recently legislated by the Rwandan Government implementing a new 29% Capital Gains Tax on profits from property sales which has brought substantial changes in the real estate landscape. This legislative change, signed into law on September 5, 2023, aims to regulate profits from property sales. In addition It introduces a new financial consideration for...
If you're considering this step, you've probably wondered how to navigate the process and what documents are necessary for approval when it comes to buying a house or an apartment in Rwanda. In this comprehensive guide, we'll walk you through the steps and requirements to get a mortgage in Rwanda, combining both old and new information to provide you with a complete picture. Understanding Mortgages in...
Welcome to Kigali, Rwanda! Navigating a new city can be a daunting task, especially when you're unfamiliar with the local services and amenities. To help you settle in and make the most of your time in Kigali, we've compiled a comprehensive guide to essential services and resources available in the city. Here is a detailed overview: Transportation Services: A. Yego Cabs: Yego Innovision Ltd offers...
Getting around in Kigali can be tough if you don’t know where to start. In this Neighborhood guide, we'll walk you through some of the city's most vibrant neighborhoods and their unique features, helping you make an informed decision about where to live or invest. Kigali's real estate scene has something for everyone, whether you're aiming for the top tier or a more budget-friendly slice of urban...
Whether you plan to get married, relocate to Kigali, or seek real estate investment opportunities, purchasing a property in the vibrant city of Kigali is a fulfilling journey. Essential tips for buying a house in Kigali can make this process smoother and more rewarding. Buying real estate can bring significant changes to your life, and certain properties have the potential to be passed down through...
This is probably one of the questions that we get asked the most. The simple answer to this is: Yes! You can buy property in Rwanda even if you don’t have Rwandan citizenship. It is actually very simple and fast. Below we describe the process of transferring ownership of a property in Rwanda. For foreigners, residents, and Rwandan citizens alike, the process remains largely identical. The only...
By Akash Ladha, Managing Partner of ALCPA – A leading Audit & Advisory Firm in Kigali. ALCPA is happy to provide you with more information and answer questions you may have. You can contact ALCPA on +250-787-200-784 or team@alcpaltd.com. Rwanda's real estate and property market attract a considerable amount of domestic and foreign investment. If you are planning to invest in...
As a small, landlocked country in East Africa, Rwanda might not be the first place that comes to mind when you think about ex-pat destinations. But in recent years, the country has become an increasingly popular choice for expats looking to start a new life abroad. Here are just a few of the reasons why expats love moving to Rwanda:1. The scenery is breathtaking: With its lush green hills, sparkling...
Are you looking for retail space in Kigali, Rwanda? You’re in luck! This guide will provide you with an overview of the options available for both renting and buying retail space in the city. Whether you’re a small business owner wanting to set up shop or a larger corporation looking to expand, this guide has all the information you need to make an informed decision. Let’s get started! Renting vs...
Rwanda has seen a surge in commercial real estate development in recent years, with many new buildings and projects popping up across the country. This growth is being driven by a number of factors, including a thriving economy, a growing population, and increased foreign investment. One of the key drivers of the commercial real estate market in Rwanda is the country's strong economic growth. Over the...