Second Citizenship
October 20, 2023
Reading Time: 4 min

Egypt citizenship by investment: a straightforward path to a second passport in six months

Foreigners can obtain Egypt citizenship by investment of $250,000 or more. Investors buy real estate in the country, open a deposit in a local bank, make a non-refundable contribution or start a business. The entire process takes 6 to 12 months.

The Egyptian citizenship program is available to applicants of any nationality and from any country, allowing individuals to travel visa-free to 65 countries.

Learn more about the CBI program terms and the benefits it brings.

Elena Ruda
Elena Ruda

Told about getting Egypt citizenship bu investment

Egypt citizenship by investment: how to obtain in 2023

Egypt citizenship by investment: a straightforward path to a second passport in six months

5 benefits of Egypt citizenship for investors

1. Visa-free access. Foreign investors with Egyptian citizenship can travel freely to 65 countries, for example, Hong Kong and Malaysia. Forty-six states offer visa-on-arrival, while Australia, Sri Lanka, and Seychelles require electronic authorisation in advance.

2. Returnable investments. Program participants can reclaim their investments 5 years after receiving a passport by selling a business, closing a deposit in an Egyptian bank, or selling real estate.

The investor cannot reclaim the investment if they choose the option with a non‑refundable contribution to the state fund.

3. Tax benefits. To attract investors, Egypt has created nine free zones where you can launch a business and pay no corporate income tax.

4. Free healthcare and education. All healthcare and educational services are provided at no cost to Egyptian citizens. There are no education charges from the elementary level through the university.

5. No need to take a language proficiency exam. Investors do not need to take an exam on the language or history of Egypt. They also do not need to live in or come to the country to maintain their status.

Who can apply for Egypt citizenship by investment?

The Egypt citizenship by investment programme is designed to encourage foreign investors to come and stay in the country.

Any foreigner, regardless of nationality, is allowed to participate in the citizenship program. However, the program department has the right to refuse if the investor fails to pass a Due Diligence check.

The main applicant. To be eligible to get Egypt citizenship by investment, an adult investor without criminal records fulfils both requirements:

  • prove a legal source of income;

  • to get a medical examination.

Additional applicants. Minor children below the age of 21 obtain citizenship at the same time as the main applicant. The spouse gets a passport two years later.

Obtainment options for Egypt citizenship by investment

Direct Contribution of $250,000. The investor makes a charitable donation to the State’s Public Treasury. The optional contribution is non-refundable, but the investor can pay in instalments over one year.

Buying real estate with a minimum of $300,000. Investors are allowed to purchase housing, commercial real estate, and land plots. The real estate can be either already commissioned or under construction.

To participate in the program, only transactions involving state-owned properties are accepted.

Investment project with a minimum of $350,000. An investor starts a new company in Egypt or invests in an existing local business. The investor also needs to make a charitable donation of $100,000 to the government.

Interest-free deposit of $500,000 or more in a local bank for 3 years. The money can be deposited into an account at the Central Bank of Egypt (CBE) through a wire transfer from abroad.

The deposit is refundable after three years in Egyptian pounds at the exchange rate announced by the CBE on the date of the refund.

Additional program costs. The investor is also required to pay a government fee of $10,000, regardless of the chosen investment option. This fee must be paid before applying.

Investment ownership term. If the investor sells real estate or declares the company bankrupt before the specified ownership period of 5 years, they may risk losing their citizenship. To retain the passport, the investor may make a non-refundable contribution to the program department’s account, starting from $250,000.

Documents for an Egypt passport by investment and where to apply for citizenship

The required documents for Egypt citizenship include the following:

  1. A copy of the main applicant’s international passport.

  2. Birth certificate.

  3. Four passport-size photographs.

  4. Documents of relatives: marriage or birth certificates of children, as well as copies of passports of all additional applicants.

  5. A certificate of no criminal record from the country of residence, which must be certified by the Egyptian Ministry of Foreign Affairs.

  6. A certificate of no criminal record from the Egyptian authorities.

  7. A medical certificate from an Egyptian hospital.

The investor applies for the program in person in Cairo. Applications are accepted at the department’s headquarters at the General Authority for Investment and Free Zones (GAFI), as well as at the offices of immigration brokers.

Egypt citizenship by investment: how to get an Egyptian passport in six months

An Egyptian passport by investment is no different from a passport issued by naturalisation. The investor receives all the rights of a citizen of the country

How to get an Egypt passport by investment: step-by-step procedure

Eight steps lead to Egypt citizenship by investment. The whole process usually takes 6 to 12 months.

1

Due Diligence by Immigrant Invest

Specialists from Immigrant Invest’s Compliance Department will conduct a preliminary check. This check aims to identify any risks that could lead to a denial of Egypt citizenship and reduce those risks to 1%.

2

Collecting documents

Immigrant Invest lawyers compile a list of the required documents to participate in the Egypt citizenship program. The investor then collects these documents, and the lawyers certify copies of them, fill out forms, and prepare written statements, or affidavits.

3

Payment of the state fee

The investor is required to pay a government fee of $10,000. The transfer must be made abroad, not from an Egyptian bank account.

4

Submitting an application

The investor applies for the program in person. Applications are accepted at the department’s headquarters at the GAFI, as well as at the offices of immigration brokers.

5

Due Diligence

The Program Department reviews the investor’s documents in two stages. During the first three months, they conduct a check against the databases of Egyptian security agencies.

Once Due Diligence is completed, the applicant gets preliminary approval. Investors can obtain citizenship already at this stage: They fully transfer the investment before the Due Diligence begins.

6

Getting a temporary residence permit in Egypt

After the first stage of Due Diligence, investors are granted a six-month residence permit to enter the country. This permit is provided upon submission of documents confirming the investment transfer, such as purchasing real estate, starting a business, or transferring money to an account at the Central Bank of Egypt.

7

Getting final approval

When the investor fulfils the program obligations, the program department continues the Due Diligence, which also lasts about three months.

If the program department has no further questions, it recommends the investor to the Egyptian Prime Minister, who then signs the naturalisation documents.

8

Obtaining an Egyptian passport

Investors personally receive a naturalisation certificate and passport.

Egyptian dual citizenship for investors

Egypt allows citizens to hold dual citizenship, meaning those who wish to obtain it don’t need to renounce their first nationality.

Egypt’s citizenship by investment is also hereditary.

Egypt’s passport renewal

An Egyptian passport is valid for 7 years from the date of issue. Then, it needs to be renewed.

Investors should apply at the General Department of passports, immigration, and nationality.

Main points on Egypt citizenship for investors

  1. Any foreigner, regardless of nationality, is allowed to participate in the citizenship program.

  2. To obtain an Egyptian passport, investors can buy real estate, open a business in the country, make a deposit in a local bank, or make a non‑refundable contribution. The minimum investment is $250,000.

  3. Additionally, investors pay a government fee of $10,000.

  4. The investment transfer must be made from abroad; transferring money from an Egyptian account will not be possible.

  5. The procedure for obtaining a passport for investment takes 6 to 12 months.

Immigrant Invest is a licensed agent for citizenship and residence by investment programs in the EU, the Caribbean, Asia, and the Middle East. Take advantage of our global 15-year expertise — schedule a meeting with our investment programs experts.

Frequently Asked Questions

  • How much is Egyptian citizenship?

    Applicants are required to invest a minimum amount of $250,000, which constitutes a non-refundable donation to the Egyptian government.

    Alternatively, they have the choice of investing $300,000 in real estate, $350,000 in an existing or new business, or making a $500,000 deposit in an Egyptian bank account.

  • What are the benefits of Egyptian citizenship?

    There are several benefits of Egypt citizenship:

    1. Foreign investors with Egypt citizenship can travel freely to 65 countries.

    2. All healthcare and educational services are provided at no cost to Egyptian citizens.

    3. Egypt has created nine free zones where you can launch a business and pay no income tax.

    4. Investors can reclaim their investments 5 years after receiving a passport.

  • How to get an Egyptian passport?

    A foreigner needs to invest in the country’s economy to obtain an Egyptian passport. There are several ways to achieve this:

    1. Buying real estate with a minimum of $300,000.

    2. An investment project with a minimum of $350,000.

    3. Making a direct contribution of $250,000.

    4. Placing an interest-free deposit of $500,000 or more in a local bank for 3 years.

    The investor is also required to pay a government fee of $10,000, regardless of the chosen investment option.

  • Can a foreigner get Egypt citizenship?

    Yes, any foreigner, regardless of nationality, is allowed to participate in the citizenship program.

  • Does Egypt allow dual citizenship?

    Egypt allows citizens to hold dual citizenship, so investors will be able to retain any passports they have previously obtained.

  • How long does it take to get Egypt citizenship?

    The process of getting Egypt citizenship takes 6 to 12 months.