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Posted by admin on March 15, 2023
Egypt citizenship by investment
Get a second passport as a backup plan and visa-free travels to 65 countries
$250,000
 Minimal investmentÂ
6+ months
 Obtainment period
3 years
 Investment return
In 2020, the government of Egypt launched a citizenship by investment program to attract foreign investments and stimulate the economy. The first citizenship applications under the program were accepted in 2021.
Foreigners pick one of four investment options to get Egyptian passports: make a non-refundable contribution, purchase property, invest in a business, or open a deposit in the Central Bank of Egypt.
The minimal required investment is $250,000. It takes 6 to 12 months to obtain citizenship. Investors do not have to take exams on Arabic or Egypt history. In addition, there are no requirements to reside within the country to keep the passport.
Close family members can obtain citizenship along with the investor. The rule applies to spouses and children under 21.
Individual meeting
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Help with the choice
Second citizenship helps register a business abroad, open a corporate bank account, avoid currency control restrictions and expedite money transfers. Some jurisdictions also do not reveal beneficiaries’ personal data, protecting the investor’s privacy.
FAQS
Frequently Asked Questions About Egypt Citizenship:
Yes, one of the options of the Egypt citizenship by investment program is real estate purchase. The minimal investment sum for this option is $300,000.
Investors can obtain residential or commercial properties, as well as land plots. Investing both
in properties in operation or the construction stage is possible.
The citizenship status is granted to investors for life. However, the validity period of an Egyptian passport is 7 years; it has to be renewed. To renew a passport, its holder applies to the General Department of Passports, Immigration and Nationality.
Citizens of Egypt are allowed to have multiple citizenship. Investors can retain their first passports unless their countries of origin require otherwise.
The Egyptian passport holder can travel visa-free to 65 countries .Among popular destinations are Hong Kong, Seychelles, and Macao.
Among the benefits of citizenship in Egypt are the ability to create a safe haven for the investor and their family, the opportunity to optimise taxes, and the option to open accounts at local branches of international banks.
The investment requirement for citizenship in Egypt ranges from $250,000 to $500,000, depending on the chosen option to invest. The most affordable one is to make a non-refundable contribution to the State’s public treasury.
One of the options is to obtain Egypt citizenship by investment. It requires a minimal contribution of $250,000 to the State public treasury.
Other options include obtaining residency in the country for work or study.
Yes. Real estate purchase is one of the options in Egypt’s citizenship by investment program. If a foreigner plans to buy a $300,000-worth property, they can join the program and get an Egyptian passport
Obtaining citizenship in Egypt by investment requires an investment of at least $250,000, which is significantly less than in other countries in the region.
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Like similar programs, the Egypt citizenship by investment initiative implies a strict background check for all applicants.
It takes 6+ months to obtain citizenship in Egypt by investment.
It takes 6+ months to obtain citizenship in Egypt by investment.Immigrant Invest is a licensed agent for multiple CBI programs. This means that the company has passed multiple thorough checks and obtained certificates and licences from governments of countries offering citizenship by investment.