Egypt

Egypt has a strategic location at the crossroads of Africa, Europe, and the Middle East. It is the land where Prophet Moses grew up. Egypt has one of the most important seaports in the world. Approximately 12% of the global trade passes through Egypt’s Suez canal. Renowned for its ancient civilizations and the Pyramids, Egypt is a popular tourist destination. Recent reforms are drawing in billions of dollars in foreign investment in its real estate sector.

Citizenship by Investment

Minimum investment of USD 300,000

Processing time of 6–9 months

Visa-free travel to Malaysia, Hong Kong, Jordan, Oman, among others

The Egypt Citizenship by Investment Program

The Egyptian government has passed law Number 140 for 2019, amending law Number 9 for 1960 on the entry and residency of foreigners in Egypt, and law Number for 1975 regarding the Egyptian Nationality, allowing foreign investors to acquire citizenship in Egypt if they meet the prescribed criteria. The government has also established a citizenship-by-investment unit to run the program.

Benefits of Egyptian Citizenship

  1. Strategic geographical location between Africa, Europe, and the Middle East.
  2. Right to live, work, and do business in an emerging market while enjoying same rights as native citizens.
  3. Property ownership in one of the fastest growing real estate markets in North Africa.
  4. Visa-free access to approximately fifty-four (54) destinations, including Malaysia, Hong Kong, Jordan, Oman, and economically important Nigeria (visa-on-arrival).

Requirements of the Egypt Citizenship by Investment Program

To qualify for citizenship in Egypt, applicants can choose one of the following options:

 

 

  1. Real estate investment: Investment in one or more properties with a minimum total value of USD 300,000. Investment could be in land, commercial, or residential units. Both completed and under-development projects qualify. Investors may sell the property after five (5) years.
  2. Donation: A non-refundable contribution of USD 250,000 to the state’s public treasury.
  3. Business investment: An investment of USD 350,000 in a new or existing local company along with a donation of USD 100,000 to the state’s treasury. The project must be maintained for at least five (5) years.
    Bank deposit: A transfer of USD 500,000, refundable in the local currency after three years, without interest.

Procedures and time frame:

Applicants are required to make qualifying investments in US Dollars from abroad only after their application has received pre approval, thereby reducing the risk. Applicants need to be in good health and have a clean criminal record. The whole procedure could take about 6–9 months.

HF Corporation is a research-driven, second-generation boutique advisory firm that is specialized in advising seven-figure entrepreneurs and high-net-worth families on global citizenship and residence strategies and real estate investments.
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