Egypt
What do I need to know when buying property in Egypt?
When we asked expats what advice they would give a foreigner before buying a property in Egypt, they said...
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to hire a reputable lawyer to help with the legal aspects of the purchase. 3. It is important to understand the tax implications of buying property in Egypt. 4. It is important to understand the local laws and regulations regarding property ownership. 5. It is important to understand the process of obtaining a mortgage in Egypt. 6. It is important to understand the process of transferring ownership of the property. 7. It is important to understand the process of registering the property with the local authorities. 8. It is important to understand the process of obtaining a residence permit in Egypt. 9. It is important to understand the process of obtaining a title deed for the property. 10. It is important to understand the process of obtaining a building permit in Egypt," explained one expat living in Egypt.
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What do I need to know when buying property in Egypt?
If you live in Egypt, newcomers to Egypt would love to hear your answer to this question:
