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Why Invest in Zanzibar
Zanzibar offers an excellent opportunity for long-term investment viability. Here are the top 11 reasons why you should invest in Zanzibar;
Peace and Tranquility
Zanzibar provides a tranquil and secure environment, bolstered by peaceful coexistence among our people and within our borders, which has enhanced our overall security mechanisms.
Economic and Political Stability
Our government devotes undivided attention to the development of a healthy economy for our country, and thus strives to ensure political stability.
Zanzibar is an ancient trading post that has benefited from its closeness to mainland Africa and its markets outside of Europe, Asia, North America, and beyond.
Zanzibar has access to a market of over 300 million people, and its membership with the East African Community (EAC), Southern African Development Community (SADC) Africa Continental Free Trade Area (AfCFTA), and Small Islands Development Economies (SIDEs) open more doors for opportunity.
As an archipelago of islands, Zanzibar has a plethora of resources on the land, sea, and more than 50 islets that can be used for investment services.
Exotic Leisure and Business Destination
Zanzibar is renowned for its captivating exotic yet business-friendly atmosphere.
Investment guarantees and Incentives
In both free economic zones and outside the free economic zone, Zanzibar offers lucrative incentives and guarantees.
Zanzibar allows 100% foreign ownership.
Predictable fiscal Regime Zanzibar’s fiscal policy is stable and predictable, and it emphasizes the necessity of businesses recovering investment expenses before paying corporate tax.
Zanzibar has straightforward policies, legal and institutional framework that is beneficial to investors.
One stop Center
Zanzibar investment facilitation operates as a one-stop-shop, ensuring the highest level of efficacy in the service delivery while keeping time and costs in mind.
Lucrative Incentive Package
Zanzibar Investment Promotion and Protection Authority Act offers lucrative package of incentives. It also provide amazing benefits and opportunities to strategic investors. For details view Incentives
Zanzibar offers a young and dynamic workforce. It also gives investors an opportunity to employ expatriates in key positions. The Zanzibar Investment Promotion Authority (ZIPA) is available to facilitate the engagement of local labour force as well as processing necessary documents for expatriate personnel.
Investment are well protected by law and international conventions. There will be no compulsory acquisition as stipulated in the Article 17 of Zanzibar Constitution. Zanzibar being a constituting part of the United Republic of Tanzania is a member of Multilateral Investment Guarantee Agency (MIGA) of the World Bank. Also, Tanzania is a signatory to the Convention of Recognition and Enforcement Arbitration Award, member of International Centre for Settlement of Investment Disputes (ICSID) and a member of African Trade Insurance Agency (ATIA).