Egypt issues regulations for zero-customs car import initiative for expats

Minister of Finance Mohamed Maait emphasized that the reduced customs and taxes remain in effect for five years following the import approval, allowing Egyptians living abroad to replace their vehicles at any time during this period.

"A key factor that determines the required amount to be transferred to the National Bank of Egypt's (NBE) account at the Finance Ministry is the vehicle's year of manufacture," Maait added.

Expatriates may also withdraw from the initiative by submitting an application through the electronic platform. They will receive their funds within three months based on the exchange rate at the time of their exit.

El-Shahat Ghatouri, head of the Egyptian Customs Authority (ETA), announced that the government has introduced an international hotline number (15460) to receive inquiries from Egyptians residing abroad.