LIFE AND STYLE
Zanzibar copies Mauritius to lure expats with tax residency visa
The island state of Zanzibar is “looking for a bite of the action” after Mauritius introduced a Premium Long-Stay Visa for prospective investors.
The International Investment reported that Zanzibar has recently launched a new tax and residency programme to encourage expats to invest in the island off Tanzania’s coast.
Real estate buyers are being offered a range of investor incentives and will be able to get residency without being a citizen.
Mauritius is offering a Premium Travel Visa for foreign nationals who intend to stay in Mauritius for a maximum period of one year as a tourist, retiree or a professional, and is willing to come with his/her family and carry out his/her business or work remotely from Mauritius.