The Ministry of Finance has officially introduced a unified 2.5% tax on all real estate transactions, including selling, purchasing, and property transfers. This decision comes as part of a broader government plan to streamline tax procedures and reduce bureaucracy across the real estate sector.
According to Minister Ahmed Kojok, a new digital platform will be launched to handle property-related processes electronically, making transactions faster and more transparent. The move is expected to impact investors, developers, and individual buyers alike by standardizing fees and improving access to official services.
This policy reflects the government’s attempt to modernize the real estate registration system and ensure fair, consistent application of taxes across all types of property transactions.
