❓What options are available now for obtaining an Egyptian passport by investment
Investors may choose from four investment options.
1. Buying a property. An investor can purchase one or more properties in any location except the Sinai Peninsula for an amount of $300,000 or more. It is important that one object of high value can acquire several investors in shares and submit several applications for citizenship on this basis.
2. Participation in a local company. An investor can open a new company in Egypt or invest in an existing company in Egypt. Both equity participation and full ownership of the investor are allowed. This option requires an investment of $350,000 and will also require a non-refundable contribution to the government fund of $100,000. Please note that the principal amount of $350,000 can be used for the needs of the company or simply withdraw after obtaining citizenship.
3. Contribution to the Treasury of Egypt. The investor is obliged to make a non-refundable contribution (donation) to the treasury of the Central Bank of Egypt in the amount of $250,000 US dollars.
4. Deposit in a local bank (Central Bank of Egypt). A deposit of at least $500,000 for three years in Egyptian pounds without the possibility of receiving interest on the deposit. The exchange rate for the return on investment will be the rate at the time of withdrawal of the bank deposit.
