Why Foreign Investment in Red Sea now

 

The Egyptian Government actively encourages foreign investment in Egypt. With a long tradition of hospitality and tourism in Egypt, the Egyptian Government is aware of the interest and pull the country has for people of all nationalities.


The Egyptians Government has enacted laws that protect and permits foreign ownership and investment in Egypt.
 

Egyptians laws permits foreigner to own property and land on exactly the same basis as Egyptians. To ensure long term investment, there are a series of statues, decrees and enactments that prevent the Government from nationalising, impounding, freezing, imposing receivership, seizing property, freezing money or impound property. The Government can also not set a price for a product or determine the profits of a business any property.

 

In Egypt there is free movement of capital • No inheritance tax and it is possible to take your money out of the country. (read more in Egyptian Taxes)