A new decree has been issued by the official gazette outlining the conditions for importing cars for personal use, according to Decree No. 319 of 2024 issued by the Ministry of Investment and Foreign Trade.
Basic Conditions for Car Importation
Article One:
The first article of the decree includes the following conditions for releasing cars designated for personal use:
- Import is limited to one car per importer over a period of five years.
- The importer must provide a bank statement proving their financial solvency.
- Payment for the vehicle must be made through approved banking methods in Egypt using "Form No. (4)".
- Exemption for cars owned by diplomats and Egyptians residing abroad, provided that payment has been made from abroad.
Exemptions to the Decree
Article Two:
The provisions of Article One do not apply to the following cases:
- Cars that were shipped or arrived at Egyptian ports before the implementation of this decree.
- Cars for which a documentary credit was opened or payment was transferred before the decree took effect, according to existing regulations.
- Cars destined for foreign embassies and international organizations, provided they adhere to the principle of reciprocity.
- Cars for experts working in Egypt in accordance with international agreements and relevant controls.
How to Access the Decree
For full details of the decree, please refer to issue No. 289 of the official gazette.
