Whats a good tax free investent for 1 year?

Are there any tax free investments that I could hold for a year? So I could do something else with the money after one year and not have to pay capital gains tax.

Municipal bonds are tax free. Other than that I'm not aware of any tax free investments.

Even if you invest offshore you're still liable for tax in your home country.

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Muni bonds, but they mostly benefit those that are in the 33% tax bracket or higher. Still, a solid investment.

Yes, there are investment opportunities that do not attract tax. One of those investments is stock exchange. When you buy stock/shares at any of the stock exchange and sell it even if after one year or more or less the profit which is known as capital gain is tax free.
However dividends are subject to withholding tax of 5% in Kenya and varied from country to country.

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