Cabinet announces details of tax-free car import for expats ...Egypt

Egyptian Prime Minister, Mostafa Madbouly, announced on Monday official steps and conditions for importing cars from abroad completely exempt from customs, and the method of admitting it into Egypt. The decision stipulated that an Egyptian citizen with a valid legal residence abroad has the right to import one private passenger car for personal use, exempt from taxes and fees, as part of facilities granted to Egyptian expatriates. In return for exemption, the Egyptian expatriate would deposit an amount of money with a bank account for the Ministry of Finance. The importer of the car should be the first owner of the car. If the importer is not the first owner of the car, the year of the car m

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