3 Tips to buying property in Zambia Last month we introduced you to Gloria Zimba who has been living in the UK for 15 years with her husband and two sons. They have actively been investing in property back home and what fascinated me about Gloria is that she has such a positive story! Usually, […]
How to Buy land in Zambia without getting Swindled Gloria Zimba has been living in the UK for 15 years with her husband and two sons. They have actively been investing in property back home and what fascinated me about Gloria is that she has such a positive story! Usually, Zambians in the diaspora have […]
While in the diaspora, you may occasionally think of investing back home through buying property and land. The huge error you might be making though, is believing that you still have years to decide what to do and come up with a plan to do it. Perhaps you’re thinking you’ll buy property as you approach […]
Last month we had our first tweet chat on how to deal with difficult tenants. We co-hosted the chat with Modern Refinement who are seasoned property managers. The response was fantastic, showing us this is clearly an area that you want to know about. There’s a lot of information that we couldn’t fit into 280 […]
The other night I went to a business cocktail and as per usual for these events, the host gave a speech which started with a brief run down of the current economic climate in Zambia; depreciation of the kwacha, lack of liquidity, slower than expected growth, government debt, drought, re-introduction of load shedding etc etc. […]
YOUR PERSONAL REPRESENTATIVE As a Zambian living abroad, you may find that you need to sign important documents relating to a property you want to purchase or sell at home. Of course, documents can be couriered back and forth but the costs of this can add up as well as the time. Another option that […]
This month, we’ve decided to feature a query we got through our website to discuss a very important issue – customary land. Is it a bargain or does it turn out to be headache in the long run? “I need your urgent help/advice on this matter. I bought land in 10 miles which is under […]
This is a two part article on Property Transfer Tax, an important tax that is applicable to property transactions. Last month we covered part 1 of this series. Last month we introduced property transfer tax (PTT) as a tax that applies to the sale of property. It is currently 5% of the value of the […]
This is a two part article on Property Transfer Tax, an important tax that is applicable to property transactions. What is Property Transfer Tax (PTT)? Whenever property is being bought and sold, the tax authorities – in our case Zambia Revenue Authority (ZRA) – demand a certain payment of tax known as Property Transfer Tax […]
In this day and age, you hear everyone talking about going green. Green structures are now the preferred choice around the world. In Zambia, the government and the private sector have launched the Zambia Green Building Association. The association serves as a platform for the whole of the Zambian property and building construction industry to […]