Rssb Rwanda Website
Home / Domestic Tax Services / RSSB Tax Services. Registration & De-registration Income Tax and Incentives Pay as you Earn Electronic Billing Machine RSSB Consumption Tax. Republic of Rwanda - Rwanda Revenue Authority. Rwanda Social Security Board (RSSB) is the best service provider. The insurance and pensions body also scooped the best insurance services provider accolade during the awards organised by The ServiceMag, a quarterly publication that carries out the annual customer satisfaction survey.
Rssb Rwanda Website
In 2008, RSSB, working with City of Kigali, resettled 250 households from the Lower Kiyovu, which was a shanty suburb of Kigali with spontaneously erected houses, to give room for the development of high-end commercial buildings as provided in the Kigali City Master Plan. In the then slummy lower Kiyovu, families that lived in one-room muddy house, were resettled in Batsinda estate, developed by the RSSB, many of who, for the first time in their lives, came to proudly own houses; two-bedrooms, sitting room, store, kitchen, bathroom and toilet. The purpose built homes were offered for sale at 3.5 million Rwandan Francs ($4,300) each, affordable thanks to a 50 percent government subsidy.
New residents could pay in installments and would be granted titles once they were complete. Batsinda was the first affordable housing program of its kind in Kigali.
With its well-ordered gridiron layout and comfortable hillside homes, the village offered its residents the chance of a new life away from the hustle and bustle of the city. Other Housing Projects It’s not only in Batsinda that RSSB has directed efforts for providing affordable housing to Rwandans. Eric Gasana, the RSSB Director of Investment says RSSB is one of the major investment institutions in the real estate sector in Rwanda today, having been in the trade since 2002.
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Other housing programs, that include high-end commercial and residential houses, have, too, been given a good amount of consideration. RSSB has initiated and developed about 4 housing projects in the past and currently in the process of establishing partnerships with other experienced developers to put up about 3 major projects of high end, middle income and low cost housing “In the last 15 years, RSSB has engaged in both commercial and residential real estate development in Rwanda.
About 1200 residential housing units have been constructed and sold with categories ranging from high end to social housing” says Gasana. “Given the impressive growth in the real estate market and backed by the high demand for decent housing, RSSB will continue to actively participate in housing development not only for attractive returns but also be part and parcel of housing development in Rwanda” he says. Vision City project is the biggest housing project in Rwanda to date. It is a high-end residential and commercial development.
It is the flagship project from the country’s largest real estate developer Ultimate Developers Ltd and has more than 504 units, ranging from luxury villas and apartments. It will be built in four phases over a period of eight years, with phase one already completed. In addition to residential housing, the development also has a town center, which will serve as the commercial hub of the estate. The residential and town center facilities will both have Wi-Fi internet connection. The facilities include commercial facilities, restaurants, office complex, a luxury three-star hotel and convention center. K3g full movie 123movies. According to the City Master plan, at least 43,436 social houses and 186,163 affordable houses are required annually by 2022, reflecting 54 per cent housing demand. Gasana says that geographically RSSB investments cover the whole country, in almost all the districts in especially real estate sector. “RSSB is looking forward to putting contributors’ interests at the forefront when it comes to pricing the houses.
RSSB have invested in real estate in the last twenty years in a number of projects” says Gasana. RSSB efforts are in tandem with meeting housing targets where affordable housing development to support urbanization, expected to reach 35% by 2020, is a high-level priority. From 2007 to-date, major focus has been directed towards the development of office accommodation, where commercial buildings to accommodate district branches have been erected and at the same time rent the rest of the space to interested tenants According to Gasana, some of the completed projects include Vision City (504 units), Umucyo Estate (122 units), Vision 2020 (300 units) and Batsinda I (250 units), 7 pension plazas in Districts and Grand Pension plaza in the city not forgetting 50 Kacyiru Executive Apartments, Kacyiru Estates.