Is every property worth less than EGP 8 million automatically exempt from annual property tax?

No. The widely cited EGP 8 million figure relates to the exemption for the unit used as the taxpayer’s private principal residence for the taxpayer and family. Buyers should not assume that every residential unit below that headline value is automatically exempt regardless of actual use.

If I buy a holiday apartment in Hurghada, do I only need to think about one tax?

Not necessarily. You may need to consider annual real-estate tax, separate rental-income obligations if the unit is rented, and the 2.5% real-estate disposal tax that can become relevant when the property is sold.

Does living abroad remove the tax question for Egyptians abroad?

No. Living abroad does not by itself eliminate property-linked obligations in Egypt. The property’s use, ownership position and any rental activity still need to be considered, and remote owners should plan for filing and administration.

When does the 2.5% real-estate disposal tax become relevant?

It becomes relevant when a qualifying property disposal takes place. Under the 2026 update, the payment period is 60 days from the date of disposal. Transaction-specific exclusions or treatment should be checked with a qualified adviser.

Property Tax in Egypt 2026: Guide for Foreign Buyers