Egypt Citizenship

Citizenship by Investment

Egypt Citizenship By Investment Program

The Egyptian Citizenship by Investment program, initiated in 2019 through legislative measures, aims to attract foreign investments and capital to stimulate the country’s economy and alleviate budgetary pressures. It provides four distinct investment options for acquiring Egyptian citizenship: real estate investment, investment in projects, depositing a specified amount in Egyptian banks, or making a non-refundable contribution. This program offers a streamlined pathway to citizenship, with a typical processing time of 6 to 12 months, and sometimes even faster for those with prior residency in Egypt. Approved applicants are granted temporary residence for six months to provide investment evidence before being conferred with Egyptian citizenship, granting them rights to reside, work, and pursue education in Egypt and the ability to pass this citizenship to future generations.

How to obtain Egypt Citizenship by Investment

     1. Non-Refundable Contribution (Direct Revenue Option):

Foreign individuals seeking Egyptian citizenship through investment have the option to do so by making a non-refundable contribution of $250,000, which directly benefits the Egyptian state’s public treasury. This is the most cost-effective route, and applicants can choose to spread the payment over a year. The funds must either be transferred from abroad to a designated account at the Central Bank of Egypt or deposited in cash directly into the program’s account, with proper documentation to show the money entered Egypt through a customs port.

      2.Real Estate Investment

Foreign investors can gain Egyptian citizenship through real estate investment by purchasing property valued at a minimum of $300,000. The funds for the purchase must either come from abroad or be documented upon entry into Egypt. Investors have the flexibility to choose any real estate within Egypt, including private sector property, thanks to recent amendments by the Egyptian Parliament. They must retain ownership for at least five years, and if they sell the property during this period, a non-refundable contribution of $250,000 to the Central Bank of Egypt is required to maintain their citizenship. Payment in installments over a year is an option, granting temporary residence during the installment period, with full citizenship granted upon meeting the minimum investment requirement.

      3. Setting up an investment project

To qualify for Egyptian citizenship through an investment project, a minimum of $350,000 must be invested from abroad, along with an additional $100,000 as a direct contribution to the state’s public treasury, following the regulations outlined in the Investment Law (Law No. 72 of 2017). If the investment project is terminated, or suspended, or the investor disposes of it within five years, they must deposit a non-refundable $250,000 via a bank transfer from abroad into the Central Bank of Egypt to retain their Egyptian citizenship.

      4. Cash deposit

The fourth option for obtaining Egyptian citizenship and passports involves depositing $500,000 into the Central Bank of Egypt. Like other options, these funds must come from a foreign bank or have documented proof of foreign origin. The deposit must be maintained for three years before it can be refunded. When refunded, the amount will be given in Egyptian pounds at the exchange rate set by the Central Bank of Egypt at the time of withdrawal, and no interest accrues on the deposit during the three-year period.

Curated Links for Egypt citizens

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Processing Time

6 – 12 months

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Contribution OR Real Estate

$250,000 USD

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Visa-Free Access To

40+ countries

Investment Options

Buying a real estate with a minimum of USD 300.000

Setting up an investment project with a minimum of USD 450.000

Cash deposit at a value of USD 500.000 for 3 years

Direct revenue at a value of USD 250.000

Why Choose Egypt?

  • Strategic location as a bridge between Africa and the Middle East
  • Large and expanding domestic market of over 100 million consumers
  • Ongoing economic reforms to improve the investment climate
  • Investment incentives, including tax benefits and access to free zones
  • Skilled and educated workforce in various sectors
  • Valuable natural resources, including oil and gas reserves
  • Infrastructure development projects, creating investment opportunities
  • Bilateral investment treaties providing investor protection
  • Lucrative tourism sector with historical and cultural attractions
  • Growing industries such as renewable energy, agriculture, and technology

Cost of living in Egypt

Housing 

Housing costs vary by city and neighborhood in Egypt. In Cairo, rent for one-bedroom apartments usually falls between $200 and $300 monthly; larger or more luxurious apartments located in prime neighborhoods can expect higher monthly rental payments.

Transport

Egypt’s public transport is highly affordable. A metro ticket costs only about $0.20 while taxis and ridesharing services tend to be relatively inexpensive if used on a regular basis; though their costs could easily surpass public transport if used regularly.

Food 

Egypt offers very affordable dining, with meals costing only $2 to $3 in local restaurants. Cooking your own meals will save even more money!

Utilities

Utilities costs typically range between $25 and $35 monthly on average for electricity, water, and gas services.

Healthcare

In Egypt, it can be affordable, yet not always optimal. Public hospitals are free and may be overcrowded with long waiting times. Private hospitals may cost more but offer higher quality care.

Key Facts

Capital

Cairo

Languages

Arabic (Spoken language)

Currency

Egyptian Pound

Population

112,716,598 (2023)

What are the eligibility criteria to apply for Egypt Citizenship?

  • At least 21 years old 
  • Clean criminal record
  • Minimum networth $250.000 USD 
  • No deportations / Visa refusals

Egypt Citizenship by Investment Required Documents

  • Submission of the main applicant’s passport and birth certificate (if holding dual citizenship, include all passport copies).
  • Recent passport-sized photograph of the main applicant.
  • Copies of passports and identification papers for the spouse and minor children, along with the marriage certificate.
  • Certification from the applicant’s home country confirming the absence of any criminal convictions, endorsed by the Egyptian Ministry of Foreign Affairs.
  • Official documentation from the applicant’s home country or current residence detailing movements within the past 5 years.
  • Criminal record report for the main applicant issued by Egyptian authorities.
  • Medical examination result certificate for the main applicant.
  • Supporting documentation concerning any assets owned by the main applicant in Egypt, such as property titles, company registration records, and vehicle licenses.

How Many Dependents Can Be Included in a Single Application?

The Egypt citizenship by investment program allows the primary applicant to include their spouse and children below the age of 21 in the application to obtain Egyptian citizenship.

Starting investment for Antigua & Barbuda Citizenship is $ 100,000

Starting investment for Egypt Citizenship is $ 250,000

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    Step by Step Procedures and Time Frame for obtaining Egypt Citizenship by Investment Program

      1. Citizenship Profile Setup
      2. Application Form Completion
      3. Non-Refundable Fee Processing
      4. Application Submission
      5. Preliminary Approval Wait (within a maximum period of 3 months)
      6. Temporary Residence in Egypt for 6 months to complete the documents.
      7. Final Review and Recommendation
      8. Prime Minister’s Decision Confirmation (within a maximum period of 3 months)

    How do I avoid mistakes when applying for an Egyptian passport?

    When embarking on the journey to obtain an Egyptian passport, entrusting your application to a reputable migration agency like Migrate World can be the strategic advantage you need. Our seasoned experts are well-versed in the intricate details of the application process, ensuring meticulous adherence to the country’s stringent requirements. With a track record of successful outcomes, Migrate World offers personalized assistance, saving you valuable time and minimizing the risk of errors that could delay or hinder your application. As your dedicated partner, we not only simplify the complexities but also provide you with up-to-date insights, empowering you to make informed decisions. Your aspiration for an Egyptian passport is our mission, and with Migrate World by your side, you can confidently navigate this transformative journey.

    Program Summary

    Learn more about the country and it's citizenship by investment.

      Benefits of Egypt’s Citizenship by Investment Program

      • Egyptian citizenship holders are entitled to establish private firms or funds without abiding by the Companies Law, which stipulates that the percentage of the foreigner in the company’s capital shall not exceed 49%. 
      • Permanent residence entitlement without temporary residency requirements.
      • Unrestricted investment opportunities, including land purchases and commercial activities.
      • Free access to health and education services from primary to university level for citizens.
      • A safe and stable environment in Egypt with an emphasis on citizenship rights.
      • A strong and continuously developing infrastructure, including roads, bridges, railways, and new cities.
      • Opportunity to relocate to the USA and establish a business through the E-2 Investor Visa for Egyptian passport holders.

      How can Migrate World Help You?

      Migrate World team offers essential support to clients pursuing  Egypt citizenship by investment program. With expert guidance, personalized solutions, and thorough assistance in documentation, investment choices, application, due diligence, and post-approval steps, Migrate World ensures a smooth and successful journey toward obtaining Egypt citizenship. Clients benefit from their expertise, minimizing complexities and maximizing the likelihood of a favorable outcome.

      Comparing Citizenship by Investment Countries

      Does Egypt provide a Golden Visa?

      Egypt has given the green light for a fresh investment-based residency initiative. This program offers renewable residency permits with durations ranging from one to five years, requiring investments starting at $50,000.

      Schedule a meeting with us 

      FAQs

      Absolutely, Egypt permits dual citizenship, and investors are not obligated to give up their original nationalities.

      There are no excluded nationalities. Egypt's citizenship by investment program is open to individuals from all countries. Nevertheless, the ultimate decision to grant citizenship is contingent upon successfully clearing security assessments carried out by the relevant Egyptian authorities.

      Obtaining citizenship in Egypt is a relatively uncomplicated procedure with several avenues to explore.

      Foreign individuals have the opportunity to attain Egyptian citizenship by selecting from various investment alternatives. These options include investments in government-approved real estate, businesses, donations to the government, or significant deposits in an Egyptian bank account.

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