Known for its breathtaking landscapes, iconic wildlife, and resilient spirit, Zimbabwe offers expats a unique and rewarding lifestyle in the heart of Southern Africa.
In this guide, we’ll walk you through everything you need to know about relocating to Zimbabwe from a personal tax perspective, including tax residency, income tax, special tax regimes and tax return obligations.
TaxPilot recommend that you organize your affairs in good time to get ahead and make the most of favorable tax treatment while making sure you’re meeting your tax return obligations.
Zimbabwe follows a territorial taxation model. You will pay tax on local sourced incomes only, irrespective of your resident status.
if you spend more than 182 days in Zimbabwe during the tax year.
Tax on property and share sales
Tax on value of owned assets
Tax on assets passed to heirs
Tax to contribute to state welfare
If you receive incomes overseas while you are living in the Zimbabwe, you may find that the source country, as a starting point, continues to tax the income.
Double taxation agreements may remove the source countriy’s taxing right and thus, enable you to receive incomes tax free globally.
At present, Zimbabwe has 19 double taxation agreements signed.
