Egypt is a fascinating country with over 7000 years of civilisation. The country offers, not only historic monuments, but also amazing landscapes, beautiful beaches, and friendly hospitable people.

Egypt today offers a solid economic climate in which to invest. With forward thinking government policies and a solid infrastructure, Egypt is now coming to the fore on the international property scene.  The government regards foreign investors as a big investment opportunity and laws have recently streamlined procedures, making the process to purchase a property much easier.  Egypt currently offers a low cost investment with the prospect of high returns. Investors are likely to gain substantial profits in an emerging market with an increasing demand over and above supply.

Political and economic stability make Egypt an exciting country to work and live in. Economic growth was GDP 4.5% in 2005. Added to that the cost of living in Egypt is around 20% of the UK rates

Many of the earlier restrictive laws have either been amended or removed as Egypt continues to invest in the future, and ensure a constant flow of overseas investment.

There is now no local capital gains tax, stamp duty or inheritance tax, and lower income taxes than in many other countries means that the country is now attracting more foreign purchasers than ever before.

The Egyptian real estate sector has recently experienced a substantial growth, partially stimulated by relatively strong demand from expatriates and foreign nationals to purchase properties in Egypt.

Egypt Tourism Information
According to Egypt’s Tourism Authority, over one million UK holidaymakers visited Egypt in 2006, representing a 25% increase on the previous year.  The country, which is on course to welcome 16 million visitors from around the world by 2014, has benefited from one of the fastest growing property prices in the world.

Location
Egypt sits on the Mediterranean coast of North Africa, with Libya to the west, Sudan to the south and Israel and the Red Sea to the East. Egypt forms the only land bridge between Africa and the remainder of the Eastern Hemisphere and controls the Suez Canal.

Languages spoken in Egypt
Egyptian Arabic, although English is widely used in major cities

Religions of Egypt
Mostly Muslim (around 9/10) and Coptic Christian

Egypt Climate
Throughout Egypt, days are commonly warm or hot, and nights are cool. Egypt has only two seasons: a mild winter from November to April and a hot summer from May to October. The only differences between the seasons are variations in daytime temperatures and changes in prevailing winds. In the coastal regions, temperatures range between an average minimum of 14° C in winter and an average maximum of 30° C in summer.