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Ownership of clearly established and protected by the law of Egypt.
Once the property is registered in the name of the buyer, (s) he has the right to sell it, lease or transfer by inheritance. Also, the state will not pose any obstacles for the export of cash received from the sale of real estate in Egypt. There are no restrictions on the amount and any additional taxes and fees.
Laws protecting foreign ownership:
Law №230 (1996), "On the rights of foreign nationals to purchase real estate in the territory of Egypt."
Law number 8 "On guarantees of rules and development investments" from 11.05.1997, the
Head of the cabinet decree number 548 of 2005 "The procedure for acquiring real estate and obtaining residence permits for foreign nationals (not Egyptians)."


Comments   

0 #1 Ilse 2015-03-05 20:35
What a pity that you do not have the full text of decree number 548 in English. It would be interesting to see what it says exactly. What it si in common everybody knows. But i heard that different nationalities have different requirements

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