Overview of Real Estate Taxation in Kenya Why Taxes Matter: Real Estate Taxation in Kenya can significantly affect the profitability of a real estate investment. For instance, purchasing property entails stamp duty costs, holding property may incur annual rates, and any rental income or sale proceeds could be taxed. Proper planning and compliance with the Kenya Revenue Authority (KRA) and other...
Kenya
Land Tenure Categories in Kenya Land tenure in Kenya is governed by the Constitution of Kenya (2010), which classifies all land as public, community, or private—each with distinct legal rights and obligations. The main categories of land ownership are defined as follows: Public Land: Land owned by the government for public use or environmental protection. This includes things like...
Kenya Real Estate Investment: Overview of the Land Tenure System Kenya Real Estate Investment opportunities are shaped significantly by the country's legal framework, which classifies land into public, community, and private categories. Freehold tenure grants the owner absolute ownership of the land for life (with minimal restrictions on use), whereas leasehold tenure confers rights to use land...