In 1996 a presidential decree was issued by his Excellency president / HOSNI MOBARK coordinating the possession of lands and real estate in Egypt as following :
1- Non Egyptian are permitted to possess two real-estates or two pieces of land with a maximum space of 40000 meters of each.
2-
Non of the two real
estates should be a monument.
3- Construction has to be done within five years period of contract acquisition
4- 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
5- Non adhering to the above mentioned is void and null
6- 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
