INVESTORS SPACE

Rwanda's real estate contributed 4% to the country's GDP in 2019.

The Kigali City Master Plan presents opportunities for sustainable land use, infrastructure development, and economic growth, with six identified cities for real estate, infrastructure, manufacturing, and agro-processing. The country aims to build 150,000 dwelling units per year to meet the demand of 5.5 million new units by 2050.

Tuza Assets offers investors the opportunity to partner in designing and preparing construction projects that align with Rwanda's real estate market.

Their projects adhere to the master plan and promote sustainability while contributing to the country's housing goals. Investors can diversify their portfolios and benefit from the growing real estate and construction sector while generating attractive returns on investment.

PROJECT PROPOSALS

INFORMAL SETTLEMENT UPGRADE

Strategic land parcels in Kigali will be made available to investors for various real estate development opportunities. The project is strongly supported by the GoR (Rwandan Government), with the aim of reducing the rate of informal settlements by 15% by 2024.

Development of 115 k–139 k units of housing for low-to-middle income households in 9 different districts in Rwanda. By 2032, at least 415,000 houses will need to be built, and ~70% is for low and middle-income communities. GDP per head growth in the last 15 years has grown on average at 9.2%, and Rwanda aims to reach middle-income status by 2032 at $1240 per head.

Following are incentives, Construction, and Real Estate projects are entitled to:

A registered investor is entitled to a flat accelerated depreciation rate of fifty percent (50%) for the first year for new or used assets if he/she meets the following criteria:
- Invest in business assets worth at least fifty thousand US dollars (USD 50,000) each; Construction projects worth at least one million eight hundred thousand United States dollars (USD 1,800,000);
- A registered investor shall not pay capital gains tax. However, income derived from the sale of commercial immovable property shall be included in the taxable income of the investor.
- Duty-Free importation of machinery and raw materials as per the East African Community Customs Management Act Regulation.
- The tax administration issues a Withholding Tax Certificate to avoid double taxation upon presentation.

Property Managers in Rwanda have been advising investors from all over the region, helping investors get higher returns (ROI) and have peace of mind at the same time. Based on our experience in the Rwandan fixed assets (such as real estate) market, our property management experts will help you with:

The best typlegal_issues_facilitatione of properties to invest in Rwanda
Which properties give higher returns on your investment
Location: Best areas for investment
Advice on building construction
Hunting properties on your behalf
Representing you among all parties: Other real estate agencies, notaries, advisers, contractors, builders, etc.
Remodeling and renewing
Property furnished
Ongoing Property Management offering peace of mind to the owner
Search and screen high-quality tenants
Point of contact for tenants
Online Owner Portal, providing you direct access to your property info: reports, tenants information, submit requests