Legal Inquiries
Law № 230 1996. "the possibility for foreigners of the acquisition
of apartments, buildings, land in Egypt" the parliament of Egypt made
a decision by this law: Article 1. In accordance with the law № 230 from
1989 "about the investments" the foreigners have the capability of
acquisition in A.R.E. if they are private individuals either representatives of
companies, apartments, buildings, or sections of the land. According to this
law the foreigners have all guarantees to this property. This is actual with
respect to the buildings and lands, which do not fall under the law № of
1939 (land of agricultural regions).
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