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The facilities presented for the investment in the Governorate
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Investor's Service Office helps investors
through finishing and following the procedures related to the projects
proposed by investors as follows:
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- Providing
the technical and administrative advice so that the projects may
comply with the Governorate's nature and fits investor's
capabilities
- Purchasing land
pieces for low prices and in installments to support investment in
accordance with the decisions made by the land valuation committee.
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Preparation of
tourist sites by
making roads leading to them in accordance with the land scape of
each city to facilitate reaching the sites.
- Presenting
facilities and support to provide building materials through the
Non-Food Association in the Governorate.
- Helping investors
to speed up getting the necessary
permits
for construction.
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Granting the letters of mortgaging the
superstructure for the projects that need this to get loans from the
banks.
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Information
support by providing necessary data, maps and satellite images.
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**The
possession of lands and real estates in
Egypt for
foreigners
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In
1996 a presidential decree was issued coordinating the possession of
lands and real estates in
Egypt
for foreigners as following :
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Non Egyptian are
permitted to possess two real-estates or two pieces of land with a
maximum space of 4000 meters of each.
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Non of the two real estates should be a
monument.
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Construction has to be
done within five years period of contract acquisition.
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Selling the real estate or the land
is allowed only after five years of contract acquisition but a
prime minister decree can abolish this point.
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Non adhering to the above mentioned is
void and null.
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The official
registry authority offices are the official ones applying the
above mentioned points in ten days period after fulfilling the
necessary forms for the application.
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