Egypt

No, in Egypt, it is not required to present a prenuptial agreement or obtain the spouse’s consent to purchase a property. Property can be acquired by one individual regardless of their marital status. However, it is advisable to consult a local lawyer to ensure that the transaction complies with local regulations.

A tax identification number in Egypt is primarily needed when renting out property, conducting business, or selling real estate. It may also be required when opening a bank account or conducting high-value financial transactions.

You can obtain a tax identification number at the local tax office. Required documents typically include a passport, the property purchase agreement, or another document proving ownership. In some cases, this process can be handled by a legal representative or local lawyer.

To open a bank account in Egypt, visit the bank of your choice and provide your passport, proof of address (e.g., a utility bill), and possibly your tax ID number. Some banks may also require a local phone number and a bank reference from your home country. The process is relatively straightforward and can be completed in a few days.

Yes, Egyptian banks may request documentation proving the origin of your funds, especially for large transactions such as property purchases. This could include income statements or financial certificates.

The property register can be checked at the local real estate office or regional court where property records are maintained. This process can be done personally or through a lawyer who can obtain certified documents confirming the legal status of the property.

The property purchase tax in Egypt typically ranges from 2% to 3% of the property’s value. Additional administrative and notarial fees may apply, depending on the location and value of the property.

Finishing standards vary, from basic shell & core condition to fully finished and furnished apartments. Developers often offer multiple finishing packages that can be customized to your needs.

To apply for a mortgage loan in Egypt, visit a local bank and submit your passport, income documentation, and preliminary property purchase agreement. The bank will assess your creditworthiness and the value of the property before making a decision.

Agent commissions in Egypt typically range from 2% to 5% of the transaction value. The exact amount depends on the property’s location, value, and individual agreements. Commissions are often negotiable for larger transactions or bulk purchases.

To obtain a license for short-term vacation rentals, you must register the property with local authorities and receive permission to operate. This includes submitting the property deed, technical documents, and safety compliance certifications. A local tourism tax may also be applicable.

Annual property tax in Egypt is about 10–15% of rental income or the property’s commercial value. If the property is used for personal residential purposes, the tax is significantly lower or may not apply at all.

To apply for a mortgage in Egypt, you will need:
– A valid passport
– Proof of income
– Preliminary purchase agreement
– Tax identification number
– Proof of address

Banks may also require a property valuation and documents confirming the property’s legal status.

Yes, there is such a risk, although reputable developers usually complete their projects on time. That’s why it is important to check the developer’s track record, ask for references, and hire a lawyer to help protect your interests in the contract.

The keys are usually handed over after the ownership deed is signed and the full purchase amount is paid. For properties under construction, the keys are delivered after completion and technical inspection.

Monthly costs include building maintenance fees (administrative charges), utilities (water, electricity, gas), and potentially fees for security and cleaning of common areas. Depending on the location and standard, monthly expenses range from 500 to 2,000 EGP.

The agent receives their commission after the transaction is finalized — either upon signing the deed of ownership or once full payment is made by the buyer. The typical waiting period is 1 to 2 weeks after completing the formalities.

If the developer breaches the contract, the buyer has the right to pursue legal action or request a refund of the funds paid. It’s advisable to include penalty clauses in the agreement for delays or breaches. In case of issues, contact a local lawyer for assistance.

The income tax on rental property in Egypt ranges from 10% to 20%, depending on the rental income. Property owners may deduct maintenance costs and depreciation, which can reduce the taxable base.

Fixed costs include administrative fees (500–2,000 EGP per month), utilities (electricity, water, gas), and an annual property tax. Additional costs may include security and cleaning services for shared areas.

Egypt does not have a classical capital gains tax on property sales, but the seller may be required to pay a 2.5% tax on the transaction value. This is considered an income tax on capital gains, calculated on the difference between the purchase and sale prices.

Property management fees in Egypt vary depending on the agency and services provided. They usually range from 5% to 10% of the annual rental income. Additional charges may include maintenance costs, admin fees, and tenant placement commissions.

Yes, you can rent out the property immediately after purchase, but you must report it to the local tax office and obtain a rental license if the property is intended for short-term or tourist rentals.

Changing the purpose of a property (e.g. from residential to commercial use) requires approval from local authorities and adaptation of the property to meet current building and sanitation regulations. This process may involve additional costs and requires submitting the appropriate documentation.

The sale of a co-owned property requires the consent of all co-owners. If one of them does not agree, the sale cannot proceed. In such cases, it is possible to apply to the court for property division or a forced sale, but this process can be time-consuming.

Yes, developers in Egypt are obligated to provide warranties on newly built properties. The standard warranty period usually ranges from 1 to 5 years and covers structural defects and installations. Warranty terms should be clearly stated in the purchase agreement.

Purchasing property in Egypt does not automatically entitle one to citizenship. However, there are investment programs under which you can apply for Egyptian citizenship if your investment (including real estate) exceeds a certain threshold—typically USD 500,000.

Yes, interior renovations in Egypt may require local authority approval, especially if the changes affect structural elements or installations. In apartment buildings, the approval of the homeowner association is also typically required.

Property insurance is not mandatory in Egypt, but it is highly recommended, especially for rental or commercial properties. Policies usually cover risks such as fire, flooding, and other unforeseen events.

No, Egyptian law does not allow mortgages on property as collateral for loans from foreign banks. Mortgages can only be granted by Egyptian banks or financial institutions operating within Egypt.

Yes, it is possible to transfer property ownership to a family member, but this may incur notarial and administrative fees. Gift taxes are typically low or not applied in the case of close relatives.

Rental income from tourists is taxed progressively, with rates ranging from 10% to 20% depending on the amount of income. Owners can deduct maintenance and operating expenses to reduce the taxable base. For short-term rentals, registration and a tourism license are required.

In preliminary agreements, it is customary to pay a reservation fee of up to 10% of the property value. However, there are no legal limits on the deposit amount, and the terms can be negotiated between the buyer and the seller.

Some real estate developers in Egypt do accept payments via Revolut, but this is not a common practice. Traditional bank transfers or cash payments are usually preferred. It’s advisable to ask in advance whether payment through Revolut is possible to avoid complications.

Tax incentives for property purchases in Egypt are not common. However, in certain cases—such as purchases for investment purposes or in special economic zones—preferential tax conditions may apply. It’s best to consult a local lawyer or tax advisor.

Total fees for purchasing property in Egypt range from approximately 5% to 7% of the property value. These include a purchase tax (2–3%), notary fees, agent commissions, and possible translation and document legalization costs.

To buy a property safely online, use a reputable developer or a trusted platform like DEVETOPER. It is also recommended to hire a local lawyer to verify the legal status of the property and handle all formalities. The agreement should be translated into both Polish and Arabic and notarized.

Reserving a property from a developer in Egypt involves signing a reservation agreement and paying a deposit, usually between 5% and 10% of the property value. The agreement specifies payment terms, the construction timeline, and the handover date. The reservation ensures the property is held and not sold to another buyer.

The process begins with choosing a property and signing a reservation agreement, followed by a deposit payment (usually 5–10%). The developer then prepares the documents and conducts legal due diligence. After further payments or full payment, a notarized deed is signed, and keys are handed over. The transaction may take from a few weeks to several months, depending on the property type and its legal status.

If the second payment is missed, the initial deposit may be retained by the developer as a contractual penalty. In some cases, it’s possible to negotiate a payment extension or a revised installment plan. However, if the buyer fails to meet the contract terms, the reservation can be canceled by the developer.

You can send money via international bank transfer to an Egyptian bank or through services like Western Union. Some developers also accept online payments through PayPal, Revolut, or Wise.

Buying a new property in Egypt typically takes 1 to 3 months, depending on the property’s legal status and the payment method. If the property is ready for handover, the process can be quicker. For off-plan properties, the process may last until the construction is complete.

A power of attorney (POA) must be notarized, translated into Arabic, and stamped with an apostille. It should clearly define the representative’s authority, including the right to sign the purchase agreement and act on behalf of the buyer before Egyptian authorities.

At present, most developers in Egypt do not accept cryptocurrency as a form of payment. Transactions are typically handled through bank transfers or cash, although in some cases, alternative payment methods may be arranged with prior agreement.

The time to pay the full amount depends on the agreement—typically from 30 to 90 days after signing the reservation contract. For off-plan properties, payment may be split into installments over several months or years.

No, residency is not required for foreigners to buy property in Egypt. The property owner can stay in Egypt on a tourist or investor visa, and the property can be purchased with full ownership rights.

Developers in Egypt offer flexible payment options. Usually, a down payment of 20–30% is required, and the remaining amount can be paid in installments over 1 to 5 years. Preferred payment intervals are monthly or quarterly. For higher-value properties, individual schedules can often be negotiated.

In Egypt, funds are usually transferred directly to the developer’s account after signing the reservation or sales agreement. Escrow systems are rarely used, which is why it is crucial to thoroughly verify the developer’s credibility before making any payment.

In most cases, the deposit paid to reserve a property is non-refundable if the client decides to withdraw from the transaction. However, some developers allow partial refunds or the option to transfer the deposit to another property. The refund policy depends on the terms of the reservation agreement.

Yes, services like assistance with opening a bank account or registering electricity, water, or internet are usually charged separately. The cost of such services ranges from a few hundred to several thousand Egyptian pounds, depending on the scope of assistance and the property’s location.

In most cases, DEVETOPER will assist clients regardless of who invited them to Egypt. However, collaboration terms may be limited due to prior agreements with other agencies. It is best to contact the platform directly to clarify the details and avoid potential conflicts of interest.

Typically, property prices listed in Egyptian offers are net prices, meaning they do not include taxes, administrative fees, or commissions. Additional costs such as notary fees, purchase tax, and registration costs may be added to the final purchase price.

Buying property on the primary market in Egypt is safe, provided that you choose a reputable developer and thoroughly verify the legal status of the project. It is strongly recommended to hire a lawyer to review the contract and ensure that the project has all required permits.

Lawyer fees for property purchases in Egypt usually range from 1% to 2% of the property’s value. Minimum rates start at approximately $500 to $1,000, depending on the complexity of the transaction and the scope of legal services provided.

Yes, it is possible to purchase property in Egypt with cash, and many developers actually prefer this payment method. However, it is advisable to complete the transaction through a bank in order to obtain written proof of payment.

No, purchasing property in Egypt does not automatically make you a tax resident. Tax residency is granted if you spend more than 183 days in Egypt within a year or conduct business activities there.

Yes, property in Egypt can be purchased by a legal entity. This is a common practice among foreign investors who plan to rent out the property or run a business. It is advisable to establish a company beforehand and ensure all documents comply with Egyptian law.

Foreigners can purchase property in Egypt, but certain restrictions apply. In some areas, particularly near borders or strategic zones, foreign ownership is limited or requires special permits. Additionally, foreigners are allowed to own a maximum of two properties, with a combined area not exceeding 4,000 m².

No, transferring a mortgage from another country to a property in Egypt is not possible. Mortgages must be arranged locally through an Egyptian bank, in accordance with local regulations. Alternatively, you may take a loan in your home country and use the funds to purchase the property in Egypt.

Yes, foreigners can invest in commercial real estate in Egypt, such as hotels, offices, or shops. However, this requires registering a business in Egypt and obtaining the necessary permits for operating within a given industry.

Yes, a property in Egypt can be gifted or resold shortly after purchase. There are no time restrictions on resale. However, in the case of gifting, notary fees and civil transaction taxes may apply.

No, selling a property in Egypt typically incurs a capital gains tax of around 2.5% of the transaction value. This tax may be avoided if the property is sold at its purchase price (without profit) or if it has been held for a long time and its value has not significantly increased.

Yes, foreigners can inherit property in Egypt, but the process requires probate procedures in accordance with Egyptian law. In some cases, a court decision and certified translations of legal documents from the heir’s home country are required.

No, Egypt does not offer VAT refunds on property purchases, even when made by a company. Properties in Egypt are generally not subject to VAT, but other transaction-related fees may apply.

Foreigners can buy property in Egypt, but with certain limitations. They may own up to two properties with a total area not exceeding 4,000 square meters, intended exclusively for residential use. Additionally, government approval is required, and the purchased properties cannot be sold or rented within the first five years of ownership.

Buying property in Egypt can qualify you for residency. Egypt offers a residency program in exchange for real estate investment, which grants temporary residence but does not automatically lead to citizenship.

Yes, purchasing property in Egypt through a legal representative is possible. This is done using a general power of attorney, known as “Tawkil,” which grants the proxy the right to handle the transaction on behalf of the buyer. It is recommended to consult a local lawyer to ensure all legal formalities are properly completed.

No, in Egypt one spouse can purchase property without the presence of the other, even if they do not have a prenuptial agreement. If needed, the other spouse can grant a power of attorney, which must be apostilled and translated into Arabic.

Yes, once the construction is complete and the transaction is finalized, you can move into the property. For properties purchased in shell condition, finishing work must be completed before moving in.

The time to decide is usually agreed upon individually with the developer or agent. It typically ranges from a few days to a week. However, in case of high demand, you may need to make a decision more quickly. You can reserve a property by paying a deposit.

Yes, many developers and real estate agencies provide translator support during the transaction. If it’s not included by default, you can hire a local translator to assist with signing the contract and completing the formalities.

No, it is not necessary. You can purchase a property in Egypt remotely through a legal representative or attorney who will handle the formalities on your behalf. The contract can be signed online or sent via courier.

Yes. You can also use local property management services that help arrange all necessary formalities.

Yes. It’s best to confirm the availability of this service in advance with a DEVETOPER representative.

No, accommodation during your stay in Egypt is not included in the purchase price of the property.

You can bring up to the equivalent of $10,000 USD in cash into Egypt without declaring it. If the amount exceeds this limit, it must be declared at the airport, which may involve additional formalities.

You can view between 4 and 6 properties per day, depending on their locations and the schedule.

If a client misses their flight, they should contact DEVETOPER or their agent as soon as possible to reschedule the viewing or meeting. In most cases, a new date can be arranged without extra costs.

You can book accommodation through DEVETOPER or using property rental platforms.

Keys are typically handed over after signing the ownership deed and settling the full payment. For properties under construction, keys are given upon completion and technical inspection.

Yes, a DEVETOPER partner can assist with negotiations. Local agents often help secure better payment terms or additional perks like free furniture. Hiring a lawyer or agent increases your chances of securing favorable conditions.

Accommodation deposits are usually non-refundable. However, in some cases, it’s possible to change the stay dates or transfer the reservation to another location. This depends on the provider’s cancellation policy and timing.

The property purchase process can be completed in 3–5 days if all documents are prepared. For more complex transactions or properties under construction, the stay may need to be extended to 7–10 days. If necessary, part of the process can be handled remotely.