Egypt Exempts First-Degree Relatives from Real Estate Transfer Tax

Egypt will exempt first-degree relatives from real estate transfer tax on property transfers, Finance Minister Ahmed Kouchouk announced, as part of a broader package of tax relief measures included in the country’s upcoming state budget.

The move is aimed at easing financial burdens on citizens and reflects recommendations emerging from recent national dialogue discussions, the minister said during a meeting with the parliamentary bloc of the Homat El Watan Party in the House of Representatives.

Under current rules, real estate transactions are subject to a 2.5% tax. Kouchouk confirmed that while the tax will remain in place for individuals, new exemptions will apply to transactions between immediate family members, alongside efforts to simplify procedures.

As part of the reforms, the government plans to introduce a digital system allowing contracts to be submitted electronically, a step expected to streamline processes and reduce congestion in administrative offices.

During the session, the head of the party’s parliamentary bloc called for further measures to alleviate pressure on citizens, stressing the need to balance revenue generation with social considerations and increased support for vulnerable groups.

Kouchouk also outlined broader fiscal priorities in the new budget, including increased allocations for healthcare, education, and university faculty, in line with the government’s efforts to enhance the quality of essential public services.

Meanwhile, several lawmakers raised concerns about employment conditions, urging the government to consider appointing administrative staff currently working under special local funds within governorates.

The proposed tax relief and spending increases signal a continued focus on social support policies, as authorities seek to balance economic reform with public welfare.