Challenges of Buying Land in Kenya: What You Need to Know скачать в хорошем качестве

Challenges of Buying Land in Kenya: What You Need to Know

Are you thinking about investing in land in Kenya or considering a move to Africa? In this insightful clip, EYL dives deep into the realities and challenges of purchasing property in Kenya, featuring candid insights from Kelis, who shares her personal journey of buying 150 acres (and counting!) in the country. Kelis opens up about why she chose Kenya out of all African nations, highlighting the importance of aligning personal needs with the country's culture, laws, and lifestyle. Learn why Kenya kept drawing her back, and how it checked all the boxes for a new beginning for her and her family. As Kelis recounts her experience, you'll discover the step-by-step process of acquiring land as a foreigner, busting myths and addressing common fears—like getting swindled or not knowing local laws. She emphasizes the critical role of having a trustworthy local lawyer and shares how a recommendation from a real estate agent led her to an honest and reputable legal advisor who protected her interests. The clip details key stages of land acquisition in Kenya: Setting up a KRA PIN (tax registration) Forming a business entity and obtaining a work permit Opening a Kenyan bank account and transferring a significant investment sum (sometimes upwards of $100,000) just to get started Navigating title searches and legal paperwork (which are handled differently from the U.S., such as depositing funds into a lawyer's account instead of escrow) The option (and pitfalls) of securing a mortgage in Kenya, plus sky-high interest rates and extra complications for non-citizens Kelis discusses the emotional journey, sharing both the excitement and the panic that comes with making such a big move. Adaptation for her family—especially her teenage son—was a challenge at first, but ultimately, it resulted in finding community, opportunities (like joining the National Kenya swimming team!), and a sense of belonging. Whether you're curious about the technicalities of investing, want to avoid common pitfalls, or simply want to hear an inspiring story of building a new life abroad, this EYL clip is packed with real talk, practical advice, and empowering lessons for anyone considering buying land in Kenya. *Key Highlights:* Why Kenya stood out among African countries Step-by-step land purchase process for foreigners Unique legal and financial requirements in Kenya The importance of local connections and hiring reputable professionals Honest look at adaptation and settling down as an expat family Don’t miss out on this must-watch conversation—a real roadmap for anyone interested in African investment or an international lifestyle shift! *Hashtags:* #EYL #Kenya #LandInvestment #RealEstate #MovingToAfrica #Kelis #PropertyPurchase #ExpatLife #AfricaInvestment #FinancialFreedom --- Like, comment, and subscribe for more eye-opening discussions, and let us know your questions about moving or investing abroad!