EgyptCitizenship by Investment

Egypt Citizenship by Investment

About the Egypt Citizenship by Investment

One of the world’s youngest citizenship by investment programs, Egypt’s CIP gives investors a flexible range of contribution options, ranging from simple donations to business acquisitions to property investment. The process takes 6-9 months from start to finish.

Egyptian passports, however, are unlikely to improve the visa-free travel prospects of most applicants; Egyptians enjoy visa-free travel to only 51 destinations.

How to Qualify

Egypt’s CIP has four different contribution options:

Real Estate Investment Option

The investor can purchase one property or more with a minimum investment of US$300,000. The investor can pay the amount in installments over the course of a year.

Company Establishment Option

An investor may choose to establish a new company in Egypt or invest in a previously established company in Egypt. This option requires a new minimum investment of US$350,000. In addition, applicants qualifying through this route must make a US$100,000 donation to the state.

Donation Option

Investors may also apply using the Central Bank of Egypt deposit investment program. This program requires the applicant to make a bank deposit of US$250,000. Applicants can pay this amount in installments over the course of one year, receiving the citizenship only once they pay the full amount.

If the investor wishes, he may also apply using the Central Bank of Egypt deposit investment program. This program requires the applicant to make one of the following bank deposits:

Bank Deposit Option

The investor must make a deposit of US$500,000, refundable after 3 years with no accrued interest, in the Egyptian local currency, without interest.

Real estate and business investments must be maintained for at least five years. Divesting before this period may result in the loss of citizenship unless a compensating non-refundable contribution of US$250,000 is made.

In addition to the chosen investment, all applicants must pay a non-refundable government fee of US$10,000.

Salient Benefits

  • Increased visa-free travel
  • Minimal physical presence requirements
  • Permits dual/multiple citizenship
  • Lower taxes
  • Lower cost of living
  • Short processing time

Citizenship Timeline and Requirements

The applicant is awarded Egyptian citizenship immediately upon approval.

Children under 21 obtain citizenship simultaneously with the main applicant. The spouse, however, receives citizenship two years after the main applicant’s approval.

Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.

Program Authority and Legal Basis

Applications for this program may be directed to Egyptian Citizenship by Investment Unit.

Legislation upon which this program is based: Parliament Law No. 190 of 2019.

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