Are you a landlord in Zambia? It's crucial to understand your tax obligations when it comes to rental income. Rental income is subject to taxation in Zambia, and compliance is essential to avoid penalties. In this comprehensive guide, we'll walk you through everything you need to know about rental income tax in Zambia. Understanding Rental Income Tax in Zambia: Rental income tax refers to the tax...
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As the year unfolds, it's crucial to set goals in various aspects of our lives, including education, career, and business. However, one area that should not be overlooked is real estate. Why? Because real estate not only serves as a foundation for financial freedom but also provides a sense of security and leverage. As you embark on defining your goals for the year, take a moment to ponder key questions:...
Recently the Zambia Revenue Authority (ZRA), officially announced and clarified the applicable changes to tax on rental income following the adoption of the 2022 National Budget by Parliament in late December 2021. The announcement on the 12th of January by the ZRA was followed by a number of well-planned informational sessions including a Facebook Live presentation and a Zoom webinar among others. This short article is a summary of these comprehensive informational sessions to serve as a short guide...
Preparing for a Successful Open House If you’ve recently put your home on the market or plan to do so soon, your realtor may have recommended hosting an open house. Make sure to consult with your realtor to determine the best way to stage your home—on the inside and the outside. Here are some tips on how to host a successful open house. Inside your home When potential buyers visit open houses, they...
In our Guest Blog Post by Jamie Moulton from Just Property, you’ll get 14 vital tips to keep in mind when buying your first investment property. 14 Tips When Buying Your First Investment Property Buying your first investment property is a daunting and overwhelming process on its own. And diving right into it without having the required knowledge will cost you a lot of time and money. Which is why we...
Choosing the Right Property Manager: A Comprehensive Guide Finding the perfect property manager for your investment property is crucial for the success of your investment. With property managers available in various segments of the market, it's essential to identify the right fit for both you and your property. Here are some quick tips to help you make the right choice: 1. Check Compliance and...
Invest in International Real Estate Today - with BCA Properties Editor’s Note (Updated 2025):This article was originally published in 2020. For the most up‑to‑date insights and opportunities, read our latest guide: https://bcaproperties.com/blog/dubai-property-investment-guide/ 👉 Dubai Property Investment 2025: Why Investors Choose Dubai Invest in International Real Estate today with BCA...
Simplified Guide to Buying Property in Zambia When it comes to buying property in Zambia, the process can be simple and hassle-free if you follow the proper procedures and ensure all loopholes are checked. Whether you're interested in purchasing land, farms, houses, or any other investment property, the process doesn't have to be complicated. By laying out everything in a written agreement and adhering...
What is an Exchange Rate and What Does It Mean? The exchange rate is defined as “the value of one nation's currency versus the currency of another nation or economic zone.” For example, the value of US $1 is the equivalent of K13.29* (Zambian Kwacha). Exchange rates change day to day, and for anyone traveling or working abroad, the exchange rate can have significant impact on your living expenses and...
Money Management Strategies For Those Working Overseas Managing your finances while living abroad can be challenging. Overseas workers often find their personal wealth suspended across borders, with bank accounts in different countries and income in different currencies. Taxes, transaction fees, currency conversions, and restrictions around opening a bank account are common headaches an overseas worker...