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اليوم السابع
Finance Minister highlights increased use of Real Estate App
The Egyptian Ministry of Finance has launched a new mobile application for real estate transactions aimed at facilitating and simplifying registration and property tax valuation processes. The new features include a full exemption from taxes on transactions between spouses, children, and relatives, as well as an extension of the payment period from 30 to 60 days after the property transfer. Payments can be made electronically via bank cards or direct debit. Citizens can easily register their transactions, issue final clearance certificates online, and benefit from the service without needing to visit the relevant authorities, whether they are inside or outside Egypt. The electronic system is experiencing notable uptake, and the ministry aims to improve the service by utilizing artificial intelligence tools and leveraging technology to offer faster, more efficient service to citizens.
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