Local incorporation is required for foreign ownership of land not for business purposes.
"Article 2: Definitions
In this Law, the following terms have the following meanings: [...]
30º foreigner: an individual without Rwandan nationality, individuals who co-own land, a company, an international organisation or cooperative, with legal personality from a foreign country. 
[...]
Chapter I: GENERAL PROVISIONS
Article 6: Right to freehold
A Rwandan is entitled to freehold tenure.
A Presidential Order may, for exceptional circumstances of strategic national interest, approve grant of a freehold title to a foreigner. 
Private individual's land subject to freehold cannot exceed two (2) hectares per person unless an Order of the Minister authorises otherwise.
An order of the Minister determines categories of lands subject to freehold, modalities of acquisition of freehold, requirements for granting freehold and compliance requirements for the freehold holder.
[...]
CHAPTER II: LAND TENURE AND REGISTRATION
Section One: Modalities of land tenure and certification of land rights
Article 9: Modalities of land tenure
A person who acquired land through inheritance, succession, purchase, donation, exchange, land sharing or legal grant by competent authorities, owns it in accordance with one of the following tenure modalities:
(1) emphyteutic lease;
(2) freehold.
Article 10: Land allocation, period of emphyteutic lease and land concession
Without prejudice to provisions of Article 9 of this Law, lands are allocated by the State in form of emphyteutic lease and land concession.
The emphyteutic lease and land concession period does not exceed ninety-nine (99) years which may be renewed.
When the emphyteutic lease period expires, the lease period for a Rwandan is renewed automatically.
A Prime Minister's Order determines modalities for land allocation and acquisition, emphyteutic lease, State land concession and lease, the exact duration of emphyteutic lease and State land concession and lease and its renewal.
Article 11: Concession on a State land
A State land may be subject to concession for:
(1) improvement of social welfare of the population;
(2) strategic investment.
A concessionaire of a State land signs a land concession and acquires a concession title in accordance with the requirements determined by a Prime Minister's Order.
The term of land concession depends on the nature of the project and the land use but cannot exceed forty-nine (49) years.
[...]
Article 16: Foreigner's rights on land 
Without prejudice to provisions of Articles 6, 10, 11 and 12 of this Law, a foreigner has rights to:  1º an emphyteutic lease;   2º a land concession.  
The rights referred to under Paragraph One of this Article are only allocated for investment.  
A Presidential Order may determine other modalities of land possession by a foreigner.  [...]" (LAW N° 27/2021 OF GOVERNING LAND)
LAW N° 27/2021 OF GOVERNING LAND
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