Egypt Property TaxEgyptian property purchase is exempt from many taxes normally paid elsewhere. This section looks at the taxes you need to consider when buying property in egypt.
Capital Gains -> None
Inheritance Tac -> None
Stamp Duty -> None
Sales Tax -> 2.5%
In order to encourage foreign investment, the Egyptian government is focusing on promoting investment incentives to ensure that Egypt becomes a more attractive place for foreigners to invest in property. Currently however, foreign nationals are only permitted to own two properties at any one time.
See below for the current favourable tax legislation in Egypt:
Capital Gains Tax
This tax does not exist in Egypt.
Inheritance Tax
This tax does not exist in Egypt.
Stamp Duty
This tax does not exist in Egypt.
Tax from the sale of the property
The seller is required to pay a 2.5% tax on the sales price.
Property registration
After completion and signing of contracts, the property must be registered with the local real estate department and the public notary. This incurs a fee of 3% of the value of the property and is payable on registering the purchase.
Real Estate Tax
This is an annual real estate tax and the amount payable depends on the location and standard of the property.
