As part of preparations for the launch of registration and bank transfers for the third phase of residential units offered under the “Beitak Fi Masr” initiative for Egyptians living abroad, the Ministry of Housing, Utilities and Urban Communities has announced multiple payment mechanisms tailored to the nature of the projects and customers’ needs.
The Ministry of Housing explained that the third phase of the “Beitak Fi Masr” initiative includes approximately 4,000 diverse residential units in several new cities. Multiple payment plans will be available, including a 10% discount for customers who complete payment of 100% of the unit’s value, in addition to other installment options depending on each project.
The Ministry added that an electronic file has been made available on the initiative’s official website, containing details of the projects offered under the third phase. This will allow interested applicants to review the available projects and study the opportunities before registering and transferring the required funds.
The Ministry also noted that unit prices will be determined in Egyptian pounds, while payment will be made in the equivalent amount in US dollars through transfers originating from abroad. The reservation deposit is set at USD 5,000, in addition to a non-refundable USD 50 application review fee. Payments can be made through international bank transfers or exchange companies, in accordance with the applicable regulations.
Regarding the reservation mechanism, the Ministry of Housing explained that unit selection and reservation confirmation will take place in successive time slots, with each phase allocated to a specific category of customers according to their targeted payment percentage. The process will begin with applicants wishing to complete payment of 100% of the unit’s value, followed by those wishing to pay 50%, and then applicants seeking to benefit from the remaining payment options. One or more days will be allocated to each category according to a schedule that will be announced later, ensuring priority for customers opting for full cash payment.
The Ministry emphasized that registration and initiating bank transfers do not constitute a reservation or allocation of residential units. Furthermore, selecting a unit electronically does not constitute a final reservation unless all required amounts under the selected payment plan have been paid and the transferred funds have actually been credited to the Authority’s account, within the period specified in the terms and conditions booklet.
In a related development, the launch of the initiative’s website for this phase has been postponed until the ongoing updating and development work is completed. Registration and access to personal accounts will begin on the evening of November 11, 2026.
The Ministry explained that it had previously announced that registration and dollar transfers would begin on November 10, in preparation for opening unit selection and reservation at dates to be announced later. It also reaffirmed its commitment to making the platform available in a manner that ensures ease of use and the smooth implementation of registration and transfer procedures, facilitating Egyptians living abroad in benefiting from the available housing opportunities.
The Ministry invited Egyptians living abroad who wish to benefit from this offering to follow the official “Beitak Fi Masr” initiative website or make inquiries through the hotline at 19010.
🖋️ News Source: Al-Ahram portal
