For Kenyans residing abroad, acquiring land back home poses numerous challenges. Many have encountered losses due to deceptive family members, friends, and intermediaries who purport to assist in securing their dream property or investments.
Family Members / Friends
Relying on trust, some Kenyans abroad entrust their family members or friends with funds to purchase land for their future homes or investments. However, upon returning home, they are often met with disappointment—either the land wasn’t bought, it’s not in the agreed-upon location, or worse, it’s registered under the family member’s name instead of theirs.
Suggestions
If opting to involve family members:
- Engage a third party, such as a friend, real estate consultant, or lawyer.
- Ensure they follow the necessary procedures with the Ministry of Land.
- Insist that the land is registered in your name as per the title deeds.
- Consider sending funds to a bank account for accountability.
Real Estate Agents/Consultants
A safer route for land acquisition in Kenya is through reputable real estate agents.
Numerous real estate companies offer a variety of products, but caution is advised.
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Suggestions
- Deal exclusively with well-established real estate firms.
- Consider sending a trusted individual to inspect their offices.
- Prefer companies with local agents in your country of residence.
- Request a visit to the land you intend to purchase.
- Insist on a formal sales agreement between you and the company.
- Make payments directly to the company’s account and obtain a receipt.
By adhering to these precautions, Kenyans in the diaspora can mitigate the risks associated with land purchases and ensure a smoother and more secure investment process.
