Assets in the form of real estate in Hurghada are not only prestige, investment security and the ability to navigate the most beautiful Red Sea in the world. It is also a fairly reliable «safety cushion» for children, an excellent opportunity to provide them with a safe capital abroad. But in order for the heirs to come into their own rights without any problems, when the time comes, the owner must very carefully plan the process of transferring real estate to inheritance.
If you are just thinking about purchasing real estate in Egypt, first of all, you need to be very careful when choosing a real estate agency with which you will cooperate when buying a «second home». In this case, it is worth considering not only such «logical» factors as the profitability of real estate, its location and general characteristics, but also to study the features of local legislation in matters of inheritance.
A professional realtor or lawyer will help you to get acquainted with them, and this stage in the search for an “ideal object” should not be neglected. RedSeaLine provides free advice on inheritance issues for all of its clients.
So, for example, is a non-Muslim woman entitled to the inheritance of her Egyptian husband? According to Article 6 of Law 77 «On Inheritance», an inheritance relationship between Muslims and non-Muslims is impossible. This is spelled out in the legislation of all Islamic countries, which is explained by the norms of Islamic law — Sharia. However, the possibility of obtaining the right to inheritance even in this case exists — this is a will. With this document, a woman will receive an inheritance, despite the difference in faith.
With a will it is possible to avoid surprises. Anyone who cares about their future heirs should keep in mind that with a will, many controversial issues are resolved. In order to make the most profitable use of your assets, you need to enlist the help of professionals, since it is very, very difficult to independently understand the intricacies of the legislation of foreign countries.
The specialists of the RedSeaLine company will be happy to answer all your questions. You can find out about the peculiarities of the will, as well as other aspects of inheritance of property, by filling out an application.
For any questions regarding the choice of real estate FOR RENT in Hurghada, you can always consult with our specialists who have up-to-date information and will help you make the right choice
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Skype: Hurghada RedSeaLine