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Labrish
Nyuuz
How to set up a REIT in Zimbabwe
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[QUOTE="Nehanda, post: 28353, member: 2262"] Zimbabwe allows you to start real estate investment trusts under rules made back in 1998 and updated in 2019. These investments help people buy property together instead of alone. You can create two main types - a trust with units or a company that sells shares. Both let regular people invest money in buildings across the country. These property investments focus on different areas depending on what buildings they buy. Some trusts build new properties from scratch, while others mix different types of buildings together. You can find trusts that only buy healthcare buildings, office spaces, shopping centers, or apartment complexes. Each type gives investors money from specific kinds of real estate. The government watches these investments carefully through the Securities Exchange Commission. Every trust must follow strict rules to operate legally. Your investment group needs to appear on an official exchange where people trade shares. The buildings must make actual income for investors. At least 80% of the money earned must come directly from real estate. These trusts must give investors 80% of their taxable income as dividends each year. After the first year, every trust needs at least 100 different shareholders. No five people can control the entire investment by themselves. These rules help protect everyday investors who put their money into Zimbabwe's buildings and development projects. [/QUOTE]
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Nyuuz
How to set up a REIT in Zimbabwe
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