03‏/05‏/2025

The Prime Minister reviews the mechanisms for exporting the property abroad to save foreign exchange

Ambassador Nader Saad, the official spokesman for the Presidency of the Council of Ministers, indicated that the meeting discussed the measures and steps taken by the committee formed to study the mechanisms for exporting the drug abroad. To provide foreign exchange, as well as the legislative proposals that have been prepared in this regard, as the proposed draft laws are scheduled to be presented to the Council of Ministers soon, in a way that contributes to facilitating foreign ownership of real estate.

Ambassador Nader Saad stated that the meeting also stressed the need to prepare a promotional campaign that contributes to increasing the export of real estate abroad, especially since the state has made great strides in setting incentives and facilitations for foreigners to obtain real estate, including obtaining citizenship and residency.

The meeting also reviewed a number of mechanisms that would enhance real estate export activity, including the establishment of a real estate fund, from income-generating administrative and commercial assets, as well as a proposal for real estate trading on the Egyptian Stock Exchange, and the economic impact of the idea of ​​establishing a real estate stock exchange, which will represent a platform that enables investors and real estate companies to Buying and selling shares in real estate assets, and investing in them, so that they are complementary to the traditional real estate markets, and provide opportunities for intraday trading and the most liquid investment in the real estate sector.

The spokesperson stated that the meeting also touched on the distinguished international experiences in real estate trading, as well as models of real estate stock exchanges in different countries, which can be used in actual application on the Egyptian real estate stock exchange.

The meeting also discussed a proposal to hold meetings with Egyptian experts abroad specialized in real estate investment, to exchange insights on everything related to this file.