News & Insight

If you are looking to sell property in Egypt as a foreigner, the good news is that it is entirely legal and increasingly straightforward — provided you understand the legal framework, follow the correct steps, and work with qualified professionals on the ground. Whether you own a Red Sea apartment in Hurghada, a villa in El Gouna, or a holiday home in Sahl Hasheesh, this guide covers everything you need to know: from preparing your documents and setting the right price, to paying the correct tax

More expats buy property in Egypt every year thanks to affordable prices, residency opportunities, attractive rental yields, and a growing international community. Key Takeaways - Foreigners may own a maximum of 2 residential units, which should not be larger than 4,000 m² total - Buying a property worth $50,000+ can grant a Real Estate Residence Permit, $200,000+ can get the Golden Visa - The payment for the property has to be made in foreign currency through an Egyptian government bank -

As remote work continues to grow, digital nomads are looking for places that combine natural beauty with strong support for their work and daily needs. Beach towns, with their stunning coastlines and lively communities, have become top choices for remote workers around the globe. Here are ten beach destinations that strike the perfect balance between work and relaxation. Hurghada, Egypt the Red Sea's Digital Nomad Secret Hurghada is gaining popularity as an affordable and well-equipped destin

Key Takeaways - Hurghada boasts more than 300 sunny days annually, warm weather all year round, plus direct international flights from Europe and the Gulf regions, so relocating there is very doable. - Living expenses are much cheaper compared to most Western cities, food, eating out, transportation, and other amenities will all be much more affordable. - Hurghada has a sizable expatriate community and offers international schools, modern hospitals, and English is the common language in the t

The best countries for expats make life abroad easy and enjoyable. These places welcome newcomers with open arms, offer a strong sense of community, and provide a high quality of life. They also make sure expats have access to everything they need to settle in comfortably. Choosing one of these countries means you’ll not only feel at home but also grow as a person while enjoying your new adventure. What makes a Country Expat Friendly ? Well, it comes down to a few key things that make life ea

Key Takeaways - Foreign investors are not charged any additional taxes on properties compared to the locals, no extra fees will be imposed. - The annual property tax is calculated at 10% of the rent value determined by the property assessor, after a 30% deduction for residences, it is not based on the sale price. - Those owning a property with an annual rent value less than 24,000 EGP soon to be 50,000 EGP are completely excused from paying the tax. - Do not forget to set aside an additional

Important insights for anyone considering relocating to Hurghada. Why Hurghada Attracts New Residents Affordable Cost of Living: Hurghada offers a much lower cost of living compared to major global cities, with reasonably priced housing, utilities, food, and transportation. Renting a one-bedroom apartment in the city center can cost between approximately 4,000–6,000 EGP monthly ~£100-£300, and purchasing property is competitively affordable. Utilities and daily expenses are also low, making it

• Expats can buy a property in Egypt with some legal restrictions under Law No. 230 of 1996. - They are allowed to own up to two residential properties nationwide, each not exceeding 4,000 square meters. - Ownership of agricultural land is generally prohibited for foreigners. - Property purchase requires approval from the Egyptian Council of Ministers to ensure it is not in restricted or strategic areas. - Expats do not need to be residents or have a special visa to buy property, but residen

Key Takeaways - Foreigners can legally own up to two residential properties in Hurghada, which should be no more than 4,000 m² in total. - From the moment you book a property to the handing over of the title deed, the process of buying takes 2 to 4 months. - Prices for properties vary from 15,000 EGP/m² location: Al Ahyaa to 100,000 EGP/m² location: El Gouna. - You should set aside an additional 7 to 11% above the price of the property for the taxes, registration and legal fees. - On averag