Investment factors in Egypt
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Investment factors in Egypt
As one of the favourite investment locations of professional investors, Egypt is also a favourite starting point for people looking to start off on the property ladder. Capital appreciation is high and with the stable political atmosphere and booming economy and tourism sector, exit strategies tend to be easy to plan and execute.
The Egyptian government, aware of the investment potential into Egyptian real estate by foreign nationals, has created and implemented taxation reforms and conditions to promote the active investment in their country. There is no capital gains tax, wealth tax, stamp duty tax or inheritance tax when passed on to direct family members and foreign nationals are allowed to own 100% freehold property in Egypt.
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