Can foreigner nationals own property in Egypt?
Yes, foreigners can buy properties in Egypt
Why do you want to invest in Sharm El Sheikh?
-Sharm el-Sheikh has its own international airport so getting there is easy -The cost of living is low - A land of great contrast, where ancient and modern life exists side by side - Sharm el-Sheikh has 2 Championship golf courses - Rental demand is always high especially in complexes - Sharm el-Sheikh is one of the best places in the world for diving & the world’s 4th most popular tourist destination. - 100% guaranteed Sunshine all year around * And here are some benefits for buying a property in Sharm: - Tax breaks (no stamp duty) - No capital gain on resale / No sales tax - Tax benefits (extremely low taxes) - Banks: easy to open accounts and transfer funds 0% tax on bank interest - You don’t need a visa to buy a property, but you must have a visa to live here
How long will it take for the registration to be finalized?
The registration will take between 6 – 12 months
How much are the service/arrangement fees when I purchase a property?
1.5% of the purchase price. We do not charge the purchaser when buying in Developments owned.
If you have any questions feel free to Contact us