Zambia

NOTE: 2022 Update here: 2022 Budget Changes on Rental Income Taxation 14th February 2018 Issued by Topsy Sikalinda Corporate Communications Manager Zambia Revenue Authority (ZRA) ZRA CALLS ON ALL TENANTS AND LANLORDS TO REGISTER FOR WITHHOLDING TAX ON RENTAL INCOME The Zambia Revenue Authority (ZRA) has given an opportunity to all landlords and tenants that are not registered and are not...

6 Compelling Reasons to Choose Real Estate Agents from the Zambia Institute of Estate Agents (ZIEA) - Continued... Reason 5: We Understand the Zambian Real Estate Market and Learn from Key Players Why Should You Use a Real Estate Agent? So, you've made up your mind to dedicate sufficient time to prioritize the sale or rental marketing of your property and the related activities. But do you possess an...

Reason 3: Simplifying Property Buying in Zambia Purchasing property is a complex process in many parts of the world, and Zambia is no exception. Without proper guidance, buyers can encounter numerous challenges and face the risk of investing in properties without proper due diligence. In this article, we explore how using a real estate agent registered with the Zambia Institute of Estate Agents (ZIEA) can...

When engaging in property transactions in Zambia, one common question arises: Who pays the property transfer tax? In this article, we will provide clear definitions and explanations to help you understand this aspect of real estate transactions. Defining Property and Property Transfer Tax: In Zambia, property refers to any land, including buildings and additions made to or on the land at the time of...

NOTE: 2022 Update here; 2022 Budget Changes on Rental Income Taxation Understanding and complying with tax obligations is crucial to avoid potential legal troubles. The Zambia Revenue Authority (ZRA) has been actively working to increase public awareness and compliance regarding various tax obligations, including the Withholding Tax on rental income. In this article, we will simplify the concept of...

When it comes to increasing property values, certain features like a remodelled bathroom or a desirable neighbourhood are well-known. However, some additional factors and circumstances can influence property values in ways you may not have considered. In this article, we will explore some of these often-overlooked elements and their impact on property valuation. Neighbours and Surroundings: The appeal...

Acceptance An offeree's consent to enter into a contract and be bound by the terms of the offer. Appreciation An increase in the value of a property due to changes in market conditions or other causes. The opposite of depreciation. Assessed value The valuation placed on a property by a public tax assessor for purposes of taxation. Assessment The process of placing a value on property for the strict purpose...

Welcome to the BCA Properties website! We are excited to introduce you to BCA Properties, Zambia's leading and innovative real estate company. Our goal is to exceed your expectations by providing client-focused services and tailor-made solutions to meet your specific needs. At BCA Properties, we believe in collaboration and actively seek partnerships with all stakeholders in the real estate sector. If you...

Are you ready to mark your calendar for the highly anticipated 2017 Zambia International Property Expo (ZIPExpo 2017)? This remarkable event brings together industry leaders who will provide valuable insights into the latest global innovations that are shaping the real estate landscape. At ZIPExpo 2017, you can expect to connect with a diverse range of professionals, including developers, banks, government...

SPEECH OF THE PRESIDENT OF THE ZAMBIA INSTITUTE OF ESTATE AGENTS (ZIEA) ON THE OCCASION OF THE SIGNING OF THE MEMORANDUM OF UNDERSTANDING BY THE ZIEA, THE ZAMBIA POLICE (ZP) AND THE NATIONAL PROSECUTION AUTHORITY (NPA) FOR THE CURBING OF ILLEGAL ESTATE AGENTS IN ZAMBIA HELD AT THE GOVERNMENT COMPLEX ON 9TH MAY 2017. The Inspector General of Police The Director of Public Prosecutions All senior officers...