License No.:CN-1100434 | Brokerage No.:202100982107
Commercial Registration No 105300600191786
Smart solutions for Real Estate brokerage
Tax card : 697262103
Understanding the Rules for Foreign Property Sellers Foreign nationals are allowed to sell property in Egypt. Unlike some restrictions for agricultural or desert land, residential and commercial real estate ownership by non-Egyptians is permitted—provided proper registration and documentation are in place. • Legal framework: Foreigners can own property under Law No. 230 of 1996, but approvals and limits apply, particularly on the number or size of properties. • Currency rules: Sale proceeds must typically be received in foreign currency and transferred through a bank authorized by the Central Bank of Egypt. Essential Legal Steps to Follow Selling property in Egypt involves several formal steps. Here's what expats should know: 1. Prepare property documents – Ensure you have: o The title deed (“Tazkara” or green contract) o A valid passport and residency visa 2. Use a notary – All contracts must be notarized. The notary confirms seller identity and legal right to sell. 3. Register the sale – Register the transaction at the Real Estate Registration Office to formalize transfer of ownership. These steps protect both buyer and seller and ensure legal transfer of ownership. Taxes & Fees You Should Expect Being informed about tax obligations is key to avoiding surprises: • Transfer tax: This is typically 2.5% of the sale value and applies to both locals and expats. • Capital gains tax: Expats are liable on profits from property sales, though exemptions may apply depending on holding period or value. • Real estate tax: There is an annual tax based on a percentage of the rental value (10% after deductions) whether the owner is local or foreign. Consulting with a tax advisor or legal expert helps you stay compliant and calculate liabilities accurately. Why Use a Professional Platform Like Elbayt.com Selling property from abroad or while unfamiliar with local procedures can be challenging. Elbayt.com simplifies the journey by offering: • Verified local and international buyer networks • Expert support with pricing, document review, and market exposure • Secure listing tools that highlight your property to the right audience Our platform ensures your property listing is visible, trusted, and professionally managed—even from overseas. Final Advice: Plan and Stay Compliant Selling property in Egypt as a foreigner is possible and legal, but it requires clarity and preparation. Here’s a quick checklist: • Verify your title deed and legal ownership • Use a licensed notary and complete formal registration • Process payment through approved banking channels • Set aside budget for taxes and legal fees • Leverage a trusted platform like Elbayt.com to manage your sale efficiently and safely With the right support and documentation, you can sell your property confidently and effectively, no matter where you are.
Marina 8 by the Lake
North Coast | Saudi Egyptian Developers
Hacienda Blue
North Coast | Palm Hills Developments
Stella Heights
North Coast | Serac Developments
Wadi Yemm
North Coast | Modon Properties
Rivette - Amwaj
North Coast | Melee Development
Marina 8 by the Lake is located in Alamein, North Coast. The developer of Marina 8 by the Lake is Saudi Egyptian Developers.
The completion date for Marina 8 by the Lake is and the finishing for the properties are Fully Finished.
Hacienda Blue is located in Dabaa, North Coast. The developer of Hacienda Blue is Palm Hills Developments.
The completion date for Hacienda Blue is and the finishing for the properties are Fully Finished.
Stella Heights is located in Dabaa, North Coast. The developer of Stella Heights is Serac Developments.
The completion date for Stella Heights is and the finishing for the properties are Fully Finished.
Modon Ras El Hekma is located in Ras El Hekma, North Coast. The developer of Modon Ras El Hekma is Modon Properties.
The completion date for Modon Ras El Hekma is and the finishing for the properties are Fully Finished.
Wadi Yemm is located in Ras El Hekma, North Coast. The developer of Wadi Yemm is Modon Properties.
The completion date for Wadi Yemm is and the finishing for the properties are Fully Finished.
Rivette - Amwaj is located in Sidi Abdelrahman, North Coast. The developer of Rivette - Amwaj is Melee Development.
The completion date for Rivette - Amwaj is and the finishing for the properties are Fully Finished.
License No.:CN-1100434 | Brokerage No.:202100982107
Commercial Registration No 105300600191786
Smart solutions for Real Estate brokerage
Tax card : 697262103