Tanzania proposes law changes to encourage diaspora investment
Published: 14/Juil/2024
Source: The East African
By APOLINARI TAIRO
Targeting more foreign investments, the Tanzania government has proposed amendment of its laws to grant special status to Tanzanians in diaspora, to set up business in key priority economic sectors.
Relaxing its prohibitive laws and legislations, the government has tabled to Parliament for debate, Miscellaneous Amendments Bill 2024, which seeks to grant special status to Tanzanians living in other countries to set up business back home.
The proposed amendments to immigration laws are set to grant inheritance rights and investment incentives to Tanzanians living in other countries through the Diaspora Tanzanite card.
Read further: https://www.theeastafrican.co.ke/tea/business/tanzania-proposes-law-to-encourage-diaspora-investment-4689138