Hello everyone,
As we navigate the exciting world of living and working in Egypt, it's essential to make informed decisions about our financial future.
We'd love to hear about the different investment options available for expats: how to invest in Egypt or in your home country, explore international options or use online accounts.
To kick off the discussion, here are some guiding questions:
What are the investment opportunities as an expat in Egypt? Are there any specific investment programs?
In your opinion, what are the advantages and disadvantages of investing internationally ? How is your experience with international investments?
What specific points should you consider regarding your investments as an expat (exchange rate management, international tax obligations or repatriation of funds)?
Do you use specialized banking services for expats, such as multi-currency accounts? What are the pros of these services and how do they help you with your finances?
How is the property market for expats? Are there any specific regulations or aspects we should be aware of when investing in real estate in Egypt?
What strategies do you apply to save and invest for your financial future in Egypt and/or to secure your children's financial future?
Thank you very much for sharing your experience with us!
Cheryl
Expat.com Team
Secure your financial assets as an expat in Egypt
I invested in a business here 25 years ago, bought land, built a factory, created employment in the local community, trained the workers, put them all on social security, and paid all my taxes. On top of that I export all of our production, and we bring scarce foreign exchange into a country that is in economic crisis.
You would think that the Egyptian authorities would be happy to see me, right? Wrong.
As a small investor here, you are not viewed by authority or even by the general population as a welcome guest, despite all the charming talk.
You are seen as prey. Meat. To be chewed up and spat out.
Oh my😲😳😳I'm not seeing much hope here
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