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#tax

For years, Egyptians living abroad struggled with importing their vehicles to Egypt due to customs, taxes among other various complications. In October 2022, the Egyptian cabinet approved the tax-free car import initiative, which allows Egyptians living abroad to import cars to Egypt, based on a set of conditions. Under this initiative, Egyptians who are above 16 years old, and with a valid residency and bank accounts abroad, can import one car with a limited fee and eased regulations. To benefit…