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Investing in an existing business

B
#1

@Julien Hi. My wife & I have visited ZZB 9 times. We are currently in ZZB (1month) & are considering partnering a local in his watersports business. Have known him for many years & trust him. He has the client base & we will purchase some assets (he currently rents).I am struggling to find info. wrt investing in an existing business. Setting up a new business seems to involve a lot of "red tape" & I am looking for any advice to keep this as simple as possible. I just want to keep myself busy during retirement & make as much income as possible for the local guy. Plan to return in June for a 6 months trial, to test retirement here. thx, Steve聽 聽 聽

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Yoginee
#2

Hello Steve,


Welcome to expat.com!


Kindly note that I have moved your post to create a new discussion on the Zanzibar forum.


I hope that members who have already been in this situation, will be able to provide some insights to you soon.


All the best,


Yoginee

大咖福利影院 team

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B
#3

@Yoginee thank you

P
#4

I'd say talk to a few reputable law firms and hire one to guide you through that process.

Yes, you can buy shares into an existing business because I've done it (sold shares) but sadly I cannot recommend any for Znz as my businesses are in the mainland.

B
#5

@Planet Lodges Hi.Ok,thank u

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