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Rwanda · BNR + RSE

Investing in Rwanda

The three ways most Rwandans — at home and in the diaspora — build wealth through the public markets: government bonds, treasury bills and shares on the Rwanda Stock Exchange. Start with the one you're weighing.

Treasury Bonds

Lend to the government for 3 to 20 years, with interest taxed at just 5%.

From RWF 100,000 · 5% tax

Treasury Bills

Park cash for a year or less at a known return, bought at a discount to face value.

91–364 days · government-backed

Stocks (RSE)

Own a slice of listed companies and share in their dividends and growth.

Open to foreigners · gains tax-free

Earning a salary here? Work out your take-home with the Rwanda PAYE calculator.

Foreign & diaspora investors

Rwanda is the most open of the four markets. Foreign and diaspora investors can buy government securities and listed shares on the same terms as locals, there is no foreign-ownership cap and no exchange controls, and the Investment Code guarantees full repatriation of capital and profits. You can fund in Rwandan francs or wire USD or EUR to your broker. Each guide above spells out the steps, tax and repatriation rules for that asset.

Hold a few of these? See them as one number.

Tamias totals every treasury bond, bill and RSE share you own across Rwanda and East Africa, computes your true return after tax, and nudges you before each coupon, dividend and maturity.

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