Tanzania

For the global high net worth investor considering a second residence, Tanzania captivates with economic potential, strategic significance, and cultural diversity. From the bustling streets of Dar es Salaam to the serene shores of Zanzibar, the real estate market flourishes. Government incentives for foreign investors enhance the attraction, presenting opportunities for residency amid a vibrant fusion of tradition and modern development.

TANZANIA CITIZENSHIP INVESTMENT

Tanzania presently lacks a structured citizenship by investment initiative, indicating the absence of a formal programme allowing individuals to acquire citizenship through direct financial investment. Citizenship acquisition in Tanzania follows conventional legal processes, without specific provisions for obtaining it through economic contributions.

TANZANIA RESIDENCY INVESTMENT

Tanzania extends residence permits to foreign investors seeking to invest in the country. A Residence Permit Class A is available for individuals intending to reside in Tanzania and participate in trade, business, professions, agriculture, animal husbandry, mineral prospecting, or manufacturing. Additionally, a Class B permit is offered to foreigners with specialized qualifications or skills, particularly in technically demanding occupations not easily found in the local labour market. Tanzania does not offer a typical Golden Visa programme, like those offered by several countries in Europe, such as the Spanish Golden Visa programme. 

TANZANIA PASSPORT STRENGTH AND RANKING

La Vida’s Global Passport Ranking places Tanzania at 136, indicating a moderate level of global travel access for Tanzanian passport holders. Introducing a second citizenship program could potentially grant foreign investors visa-free entry to 35.2% of countries, constituting 15% of global travel destinations. These nations include Singapore, Vanuatu, Hong Kong and all five Caribbean countries offering citizenship by investment