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Home»Business»How new US remittance tax is threatening property investments in Kenya
Business

How new US remittance tax is threatening property investments in Kenya

By By Peter MuiruriJuly 17, 2025No Comments1 Min Read
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How new US remittance tax is threatening property investments in Kenya
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Workers at Affordable housing at Lumumba in Kisumu city, traders taking opportunities that are cropping up from the project. [Michael Mute, Standard]

Kenya’s real estate sector could be staring at another shock following the American government’s move to tax diaspora remittances.

The move follows the signing into law of President Donald Trump’s “One Big Beautiful Bill” on July 4, 2025.

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Kenya’s real estate sector could be staring at another shock following the American government’s move to tax
diaspora remittances
.

Follow the The Standard
channel
on WhatsApp

Published Date: 2025-07-17 06:00:00
Author:
By Peter Muiruri
Source: The Standard
By Peter Muiruri

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