Ten Reasons to Buy in Egypt

1. Egypt is a promising emerging market for overseas property with an anticipated growth of 20% per annum for the next 3 years.
2. No capital gains or inheritance tax.
3. No other country can offer as much as Egypt with 7000 years of civilisation, amazing landscapes, beautiful beaches, and friendly hospitable people.
4. One of the top dive locations in the world with unspoilt coral reefs.
5. Foreign investors are regarded by the government as a big investment opportunity and laws have recently streamlined procedures, making the purchase procedure easy.
6. Strong economic growth and increased investment in infrastructure are boosting the property investment market as a whole.
7. Warm desert climate with temperatures ranging from 14°C in winter to 30°C in summer creating a year-round tourist season.
8. Politically stable country.
9. Easy air access from many European destinations makes Egypt an ever popular medium haul holiday location.
10. Cairo International airport is being modernized and a new terminal is to be built by early 2007.

Key Facts

• Full Name: Republic of Egypt
• Capital City: Cairo
• Area: 386,000 sq km
• Population: 67,700,000
• Time Zone: GMT +2
• Languages: Arabic
• Religion: Muslim
• Currency: Egyptian Pound