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Jobs in Egypt

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May 22, 2022 | Properties

- Can foreigners buy property in Egypt?

- Can foreigners buy property in Egypt? | Properties Egypt #3085 - 1 image

Can foreigners buy property in Egypt?Egypt is the first country that opened the door for foreigners to buy property, because Egypt is interested in developing the real estate market and revitalizing the Egyptian economy sector, and because Egypt is one of the most important regions for tourists from all over the world, and the tourism sector is always in need of renewal and supplying the region with huge and foreign investments.In addition, the decision to allow foreigners to buy property in Egypt helps balance the real estate market between supply and demand, and contributes to increasing job opportunities for Egyptian citizens.Egypt allowed foreigners to buy property with ease and through simple and uncomplicated transactions. Through the passport that proves the identity of foreigners, they can own a property, in addition to some conditions such as:1- Foreigners can buy two real estate properties in Egypt as a maximum for ownership.2- Foreigners must adhere to a full area of ​​the two properties that does not exceed eight thousand square meters, and the area of ​​one property must not exceed four thousand square meters.3- Foreigners must adhere to the purpose of real estate when buying property, such as residential or commercial real estate, or for the purpose of investment.4- Foreigners must commit themselves to start implementing their investment in real estate (empty land) in Egypt within a maximum period of five years.5- Foreigners have the right to dispose of real estate ownership in Egypt after five years from the date of the ownership contract registered in their name.6- There are areas prohibited for foreign ownership in Egypt, especially real estate located in areas classified as “heritage or antiquities”, or real estate lands on the state borders, as well as agricultural lands are prohibited for foreign ownership.Do foreigners who buy property in Egypt profit?Of course, if the purchase is for the purpose of investment, you will defin...

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May 27, 2022 | Discussions

How much does house cost in Egypt?

How much does house cost in Egypt? | Discussions Egypt #3177 - 1 image

How much does the average house cost in Egypt?Houses are the most important component in the real estate market in any country in the world, and certainly in the Egyptian real estate market, the search for houses is the most in demand because Egypt is one of the most famous countries with a huge housing population, especially in its capital, “Cairo.” In addition, Egypt is a country open to Visitors from all over the world: For tourism: Egypt is one of the most desirable countries for tourism globally, thanks to the unique and amazing Pharaonic monuments in Egypt. For work: Egypt is a dynamic country and the commercial and economic movement is constantly developing, and the large population of Egypt opens the way for many job opportunities as well, especially for foreign companies and recent investments in the real estate market, tourism, trade and industry. For study: Egypt is a country that is famous for its high level of education in its universities, especially the ancient and ancient universities that everyone goes to for religious, historical and archaeological sciences. All of these factors are attracting more people to search for a house  to settle in Egypt, and the laws of Egypt allow foreigners to own real estate, and therefore the search for a house  to reside in Egypt is very popular among Egyptian citizens and residents of other nationalities in Egypt, and it is natural for everyone to ask: How much does the average house cost in Egypt?One of the important features in the Egyptian real estate market is that the cost of the average house in Egypt is suitable for different social groups from low-income, middle-income and rich people.Egypt is also characterized by the presence of laws that allow real estate financing for the purchase of houses, as many banks give loans with comfortable repayment to help people with the cost of the average house in Egypt.Another advantage in the Egyptian real estate market is competition. The growth of ...

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May 10, 2022 | Properties

Today, is Egypt good for real estate?

Today, is Egypt good for real estate? | Properties Egypt #2970 - 1 image

Is Egypt good for real estate?A natural question during the volatile conditions experienced by all countries of the world!But given Egypt's great history in the real estate world, we can assure you that Egypt is good for real estate. The real estate market in Egypt is good in all cases, and the decline and rise in prices is a normal thing that occurs in all real estate markets in the world. But it is certain that Egypt never stopped the real estate movement, the growing interest in the issue of real estate in Egypt occupies an important part of the comprehensive and permanent development process in Egypt.Today, is Egypt good for real estate?Let us tell you that we cannot evaluate the quality of the real estate market today through a global rise in prices, as international emergency conditions change economic indicators temporarily, because we confirm that the real estate market in Egypt is indeed one of the best real estate markets, and the Egyptian economy has been able to prove that it is able to overcome challenges and circumstances wonderfully, and the best example is its ability to recover quickly from the effects of the (Covid 19) pandemic, and the real estate market in Egypt has achieved very good profit rates during this pandemic, making it the best real estate market in the region.The rise in prices today affects all sectors, including the real estate sector in Egypt, but economic experts believe that it is a normal period with positive signs for the Egyptian real estate market to flourish again, with full force and effectiveness.There are many things that indicate that Egypt is good for real estate at this particular time:- The real estate market in Egypt is characterized by encouraging laws that help investment and purchase and make the real estate movement always active. In addition to bank facilities and renewable real estate financing on incentive terms.- The huge projects that have been planned in Egypt to build new cities and expand housing proje...

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May 26, 2022 | Properties

How much does it cost to rent in Cairo?

How much does it cost to rent in Cairo? | Properties Egypt #3171 - 1 image

How much does it cost to rent an apartment in Cairo?Cairo is the ancient capital of Egypt and one of the very old and always inhabited cities, and it is considered a super vital center in the entire Arab region. Although Cairo is also one of the most populous cities in the world, it is always a destination for work and stability, and all those coming to Cairo have the first question in their minds: How much does it cost to rent an apartment in Cairo?When we talk about Cairo, we mean a place larger than any ordinary city in the world. Cairo itself is a city and an entire governorate, officially comprising thirty-seven large neighborhoods distributed on the four sides, east, south, west and north, and all its neighborhoods are residential and densely populated, and everyone asks: How much does it cost to rent an apartment in Cairo? Or ask about the cost of apartment prices in different neighborhoods within Cairo.Cairo since ancient times is an important city internationally because it includes a wonderful diversity in the cultural, commercial and economic movement, in addition to being one of the most important cities in the world on the map of historical tourist places, and because many foreigners come to it permanently, we note that the search for an apartment for rent in Cairo is very active, and also Egyptian citizens, they are looking for an apartment for rent in Cairo, for several reasons, not everyone has the ability to buy an apartment, and sometimes the purpose of renting an apartment in Cairo is to stay for a certain period only to study or work, so it is important to take a look and answer our question: How much does it cost to rent an apartment in Cairo?In numbers; How much does it cost to rent an apartment in Cairo?The neighborhoods of Cairo are many and vary between the old neighborhoods and the new neighborhoods and the developed urban expansion that is now rising on the outskirts of Cairo. Therefore, the cost of renting an apartment in Cairo varies acc...

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May 11, 2022 | Properties

Glimpse: Do people own land in Egypt?

Glimpse: Do people own land in Egypt? | Properties Egypt #2979 - 1 image

Do people own land in Egypt?All Egyptians can own land in all parts of the country, but Egyptian laws set certain conditions for non-Egyptian foreigners to own land and real estate.It is known that Egypt has many agricultural lands, but these agricultural lands are only sold to those who hold Egyptian citizenship.As for the other lands (empty land), it is like any other real estate that an Egyptian and a foreigner can buy.As for the most important laws of foreign ownership of land in Egypt, they are:- Owning only two real estate in Egypt.- The maximum total area of real estate owned by a foreigner is eight thousand square meters, and the maximum for each land or property is four thousand square meters.- The process of construction or investment in the land purchased by the foreigner must be carried out within a period of five years, or his authority to dispose of this land must be suspended.- The areas identified by Egypt as belonging to the protection of antiquities are, of course, prohibited from selling.Do people own land in Egypt? Why has such a question become so popular for non-Egyptian foreigners?The land of Egypt is a wonderful opportunity for investment. We are talking here about a very ancient land with diverse terrain and geography, and in many ancient and modern cities and cities under construction now.Egypt is characterized as a country that is very open towards modern civilization, and all its modern cities have been designed to be fourth-generation cities, i.e. smart and developed cities with modern technology and take into account the standards of sustainability.People own land in Egypt within the new urban complexes:The authority responsible for real estate development in these modern complexes and cities presents a set of organized plots of land for sale in modern areas in Egypt.In the latest real estate statistics that monitor the process of selling lands in the cities of Egypt, it was noted that lands designated for industrial and service activit...

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Jun 03, 2022 | Properties

How much does an apartment in Egypt cost

How much does an apartment in Egypt cost | Properties Egypt #3371 - 1 image

How much does an apartment in Egypt cost?The cost of buying an apartment in Egypt is a very broad topic, because it depends on many factors such as the area of the apartment, its space, its internal specifications, and so on. Egypt is characterized by the fact that it includes many areas in addition to the fact that it has many housing projects, when we talk about: How much does an apartment in Egypt cost? We must define more our goal, to take an idea of the most desirable areas of Cairo for housing:Away from the compounds and projects of the Ministry of Housing, a large sector of citizens is looking for the cheapest housing units, which are less than 500,000 Egyptian pounds, in order to be suitable for their purchasing capabilities, because the lowest unit in any compound has become more than one million Egyptian pounds, and the same applies to housing projects other than housing social.- The price per square meter in Sakiet Makki and Umm El Masryen areas in Giza has reached 2600 to 2800, meaning that the cost of an 80-square-meter apartment ranges between 208 thousand and 224 thousand Egyptian pounds, and these apartments are unfinished with “red bricks.”- The "Al-Haram" and "Faisal" areas are among the most demanded areas for apartments, and the prices of apartments with an area of 85 square meters have reached 250 thousand unfinished in the "Talbeya", "Al Thalatini" and "Marriotia" areas, while the semi-finished apartment has reached 500 One thousand Egyptian pounds in the areas of "Al-Thawra Street" and "Nasr El-Din".In the “Faisal” area, the prices of apartments reach 280,000 unfinished, and up to 300,000 Egyptian pounds, according to the location and floor of the apartment in “Al-Talbeya” and “Al-Koum Al-Akhdar” streets, while they reach 400,000 EGP in “Al-Taawun” Street.- In the “Hadayek Al-Ahram” area in Giza, the pri...

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