Emerging Land Use Trends: Marketing Insights for Legal Professionals Zambia is going through a major urban development. Land use is changing to adapt to new circumstances as a result of the population's rapid growth and the expansion of metropolitan areas like Lusaka, Ndola, and Kitwe. The land use landscape is growing increasingly complex due to factors like the emergence of informal settlements and...

BCA Properties Joins Global Real Estate Network Immobilium BCA Properties is proud to announce its partnership with Immobilium, a globally recognised real estate franchise operating in over 55 countries. This partnership marks a strategic step in connecting Zambia’s real estate opportunities to a global investment audience. Why Immobilium? Immobilium is not your typical real estate brand. It’s a...

Why Zambia Needs a Progressive Property Transfer Tax: A Fairer Approach to Real Estate Buying property is a significant milestone, but the current flat 8% property transfer tax in Zambia can make this dream feel out of reach for many. Whether you’re a first-time buyer or a seasoned investor, understanding how this tax impacts your investment is crucial. We believe in making real estate accessible and...

Understanding Rental Income Tax in Zambia: A Practical Guide for Landlords Rental income tax is an important area of tax compliance for landlords in Zambia. Navigating tax regulations can be challenging, but understanding rental income tax is vital for protecting your investment. In this article, we explain what rental income is, how it is taxed, who is liable, and the steps required for timely filing and...

Impact of the Property Transfer Tax Amendment on Zambia’s Property Market The Property Transfer Tax (Amendment) Act, 2024, effective 1st January 2025, introduces notable changes to Zambia’s property market. With the transfer tax rate increased to 8% of the realised value for land transactions, these updates are set to influence property investment and transactions. Here’s a closer look at how this...

How Ride-Hailing Platforms Like Yango Are Transforming Zambia’s Real Estate Market As Zambia continues to urbanise, the rise of ride-hailing platforms like Yango and Bolt is not only transforming transportation but also reshaping the real estate landscape. These services are changing how Zambians think about location, property development, and investment opportunities. For property owners, developers,...

Key Features of Property Insurance In the world of insurance, home insurance policies are often one of the most comprehensive ones. Typically, a home insurance policy will provide all-round protection which covers you, your house, your family members and also any liability which may arise. The case may not be so with other types of policies like auto insurance policies which only cover third party...

Property Insurance for Your Property in Zambia Property insurance is an insurance product that provides coverage for a building structure(s) and its contents against natural or manmade calamities. The coverage provided by the property insurance is not fixed and often varies depending on the type of insurance taken and the needs of the consumer. To begin with, property insurance is essentially...

Ministry of Lands Urges Compliance with New Land Administration System Lusaka, Zambia - August 13th, 2024 – The Ministry of Lands and Natural Resources is urging the public, both in Zambia and abroad, to comply with the legal requirements for land administration. Following the introduction of the Zambia Integrated Land Administration System (ZILAS) on May 17th, 2023, the Ministry has made significant...

Bank of Zambia Draft Currency Regulations 2024: Impact on Real Estate and Economy The Bank of Zambia announced its draft Currency Regulations for 2024, aiming to combat dollarization and strengthen the Kwacha's status as the sole legal tender for domestic transactions in Zambia. The regulations are open for public consultation and seek to address concerns around dollarization, which could undermine the...