Elevay – Citizenship and Residency by Investment

pyramids, egypt, egyptian
egypt, flag, national

Egypt

Egypt has one of the longest histories of any country, tracing its heritage along the Nile Delta back to the 6th–4th millennia BCE. Considered a cradle of civilization, Ancient Egypt saw some of the earliest developments of writing, agriculture, urbanization, organized religion and central government. Iconic monuments such as the Giza Necropolis and its Great Sphinx, as well the ruins of Memphis, Thebes, Karnak, and the Valley of the Kings, reflect this legacy and remain a significant focus of scientific and popular interest.

Persons who become naturalized Egyptian citizens may keep their original nationality if the other country permits it.

Egypt Passport Mobility ranked in the Global Passport with 50 visa-free countries.

Egypt’s economy is projected to grow by 5.8% of GDP in 2020

Egypt’s tourism is projected to hit a record of $15.1 billion in 2020 and $17.3 billion in 2021.

Egyptian Citizenship could be granted by the Prime Minister under Law no. 140 of 2019 to foreigners who seek to obtain the Egyptian Nationality by investment, through buying properties owned by the government or other public figures, or by setting up an investment project abiding to the conditions of the investment law No. 72 / 2017. It is also granted by a direct deposit in a foreign currency, which goes as direct revenue into the State Treasury, or by a refundable cash deposit with no interest in a special account in the Central Bank of Egypt (CBE).

Investment criteria

Under The New Citizenship By Investment Scheme, There Are Five Paths To Becoming An Egyptian National:

Direct Revenues

Minimum Investment – $250,000 USD
An amount of USD 250,000 (two hundred fifty thousand US Dollars) may be deposited by virtue of a bank transfer from abroad as a direct revenue (Grant) to the State’s Public Treasury. Such an amount shall be non-refundable.

Setting up an Investment Project

Minimum Investment – $400,000 USD
An investment project may be set up or participated therein with an amount not less than USD 400,000 (four hundred thousand US dollars) transferred from abroad, and with a participation percentage of no less than 40% of the project capital.

Buying a real estate from the State

Minimum Investment – $500,000 USD
A real estate owned by the State (Government) or public persons may be bought with a minimum of USD 500,000 (five hundred thousand US dollars) transferred from abroad.

Cash Deposit at a value of USD 750,000 for Five years

Minimum Investment – $750,000 USD
An amount of USD 750,000 (seven hundred fifty thousand US dollars) may be deposited in an account at the Central Bank of Egypt (CBE) by a virtue of bank transfer from abroad.

Cash deposit at a value of USD 1 Million for Three years

Minimum Investment – $1 Million USD
An amount of USD 1,000,000 (one million US dollars) may be deposited in an account at the Central Bank of Egypt (CBE) by a virtue of bank transfer from abroad.

VISA-FREE TRAVEL TO 51 COUNTRIES AND TERRITORIES

egypt visa free contries
Visa requirements for Egyptian citizens
  Egypt
  Visa free access
  Visa on arrival
  eVisa
  Visa available both on arrival or online
  Visa required
LOCATION: Northeast corner of Africa and southwest corner of Asia
CAPITAL CITY: Cairo
TOTAL AREA: 1,010,408 Km
TIME DIFFERENCE: UTC+2
LANGUAGE: Arabic
GOVERNMENT TYPE: Presidential Republic
CURRENCY: Egyptian pound
GDP (PER CAPITA): $3,561 USD
POPULATION: 101,576,517
Egyptian Citizenship by investment Session
Sponsored By Elevay

SIMILAR PROGRAMS

Dominica
Dominica
elevay-Grenada
Grenada

SPEAK WITH AN ADVISOR

BOOK YOUR FREE CONSULTATION

Speak with one of our citizenship and residency advisors today to find out how a second passport or residency can enhance your life.
Need Help? Chat with us