Lebanese Pound : 1 Lebanese Pound LBP = 0.00069 US Dollars (0.00066 one year ago) therefore fluctuation in line with other trading currencies.

Economic climate : Free market economy based on a long tradition of liberal investment policies, free enterprise and private initiative Moderate Tax Rates: With maximum tax rates of 15% for companies and 20% for individuals. Liberal Financial Environment: With a free foreign exchange market, full currency convertibility policies, no restrictions on the inward or outward movement of capital, and banking secrecy.

Capital Gains Tax : The tax rate on capital gain is 10%.

Popular Areas : Down town Beirut, Dubayeh, Kornet Shehwan, Rabieh, Bhamdoun, Aley and Sofar Lebanon’s ski areas are also in favour: the Faraya-Mzaar area, a one-hour drive northeast of Beirut, Laklouk, Zaarour and the Cedars.

Price ranges : Apartments 90,000 US Dollars to 350,000 US Dollars, super luxury properties prime site Beirut up to 1 million US Dollars and above.

Budgetary guide : Average 150,000 to 350,000 Dollars outside Beirut. Inner city Beirut is significantly more expensive due to limited availability of land .

Overseas Investors : The law allows foreigners to acquire 3% of the total area of Lebanon regardless of the geographic location subject to one condition: foreigners can acquire no more than 3% of the total area of a caza. One exception to this law is Beirut, where foreigners are allowed to acquire up to 10% of the total area of the capital. Foreigners can now acquire 3,000 m² of land without the passage of a decree by the Council of Ministers.

Service Fees : There is a 5.8% registration fee which includes the municipality fee of 0.25%, stamp duty of 0.3%, the lawyers’ syndicate fee of 0.1%, and an additional 0.1% if the registration took place through a notary’s office rather than the land registry (these fees add up to 0.75%) of the overall 5.8% fee.

Mortgages : Nearly all residential projects offer solid financial payment plans with low interest rates, and local banks are equally willing to provide mortgages for buyers, to help boost the market and encourage people to purchase. Solidere, for instance, provides financing for seven to ten years at competitive interest rates for buyers.