Kenyans abroad set to get incentives for investment



Business Daily | by Edwin Mutai


Kenyans living in the diaspora will get special incentives, including wealth protection to encourage them invest back home if Parliament enacts a new Bill into law.

The Kenya Citizenship and Immigration (Amendment) Bill, 2020, requires Foreign Affairs Cabinet secretary to craft a voluntary savings scheme for Kenyans living abroad.

If passed into law, the Bill, currently before the Senate will open the window for Kenyans in the diaspora to form associations and voluntarily contribute to a saving scheme…

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