With a population of 110 million, Egyptian Passport Fast Track Naturalization, Africa's only legal investment naturalization program

What can an Egyptian passport get you? Egyptian Citizenship by Investment

As a country with a population of nearly 110 million people, with a fascinating history, a special strategic location and full of development potential, Egypt's Naturalization by Investment program has attracted a number of international applicants. This article details the minimum threshold for naturalization by investment in Egypt and the requirements for application.

On March 14, 2020, the Egyptian government published Parliamentary Law No. 190, enacted in 2019, which involves allowing foreigners to acquire Egyptian citizenship through various types of investments, including donations, real estate investments, business investments, and bank deposits. This is currently the only legal investment naturalization program in Africa. As a result, Egypt has become one of the most important countries in theCaribbean regionrespond in singingIstanbulThe country that officially offers the fast-track naturalization program, in addition to Egypt. Egyptian passport holders are eligible to apply for the U.S. E2 visa. Like other naturalization by investment programs, the Egyptian program has no residency requirements and the principal applicant can bring in his or her spouse and minor children.

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Allowing installment payments, Egyptian passports to lower threshold in March 2023

On March 7, 2023, the Prime Minister of Egypt issued Decree No. 876/2023, which introduced a number of modifications to the Egyptian Citizenship by Investment Program. These modifications included lowering the minimum investment requirements for a number of investment categories.Reduced holding periods for some investment classes, allowing for installment payments for two investment classesThe

Minimum Investment Threshold for Egyptian Passport Naturalization Program

According to the Egyptian government's announcement of Parliamentary Law No. 190 enacted in 2019 and the Prime Minister's Decree No. 876/2023 issued by the Prime Minister, applicants can now obtain Egyptian passport by naturalizing in Egypt through 4 investment categories. The latest costs for obtaining Egyptian citizenship through investment are listed below:

Contributions: $250,000 to the National Treasury

Applicants are required to make a non-refundable contribution of $250,000 to the Egyptian treasury. This amount can be paid in installments over a period of one year. Until the contribution is fully paid, the applicant will be issued a Tourist Type Residence Permit by the government. Once the contribution is fully paid, the applicant can obtain full citizenship and apply for an Egyptian passport.

Real estate investment: minimum $300,000

Applicants can choose not only state-approved real estate projects, but also properties held by Egyptian companies. For Egyptian real estate investments, the program sets a minimum investment threshold of $300,000 USD. Investors have the option to pay this amount in installments over a one-year period.

Investment firms: $350,000 minimum

The applicant may choose to establish a new company in Egypt or to invest in a company already registered in the country, with an investment of not less than 350,000 dollars. However, in addition to this, the applicant is required to pay an additional non-refundable amount of US$100,000 to the State Treasury.

Bank deposits: $0.5 million

Applicants who choose to make a bank deposit must meet the minimum amount set by the Government, which is $500,000, and the deposit must be held for at least three years. At the end of the three-year period, the applicant may withdraw his investment at the current exchange rate, which is settled in Egyptian pounds, but it should be noted that the investment does not generate interest.

Additional government costs

In addition to the need to meet the above investment thresholds and prepare the necessary documentation, applicants are required to pay an additional $10,000 per application as a government application processing fee.

Express Passport Naturalization Program

Although the Egyptian Citizenship by Investment Program is the only fast-track passport naturalization program in Africa, there is a long history of similar citizenship by investment programs around the world. The Immigrant Investor Act was first introduced in St. Kitts and Nevis back in 1984. Shortly afterward, in 1993, theDominican RepublicThe Citizenship by Investment Program (CIP) has followed suit. The Citizenship by Investment Program offers applicants a form of citizenship that is completely separate from their original citizenship, without the need to activate or attach additional visas from other countries - it is like having a whole new nationality. This new citizenship gives applicants greater flexibility in business operations and risk management, helping to prevent unanticipated losses due to political and jurisdictional risks spreading overseas.

Requirements for the Egyptian Citizenship by Investment Program

To obtain Egyptian citizenship through the Citizenship by Investment Program, the required documents include, but are not limited to, the personal documents of the main applicant, spouse, and dependents, and overall the requirements are very simple:

Main applicant documents

Personal documents for spouses and dependents.
Certificate of no criminal record.
Comprehensive medical report (comprehensive medical examination report).
Documents proving the source of income and wealth.

Eligibility of spouses and family members

A spouse or more than one spouse who is legally married to the applicant.
Unmarried children under 21 years of age.

However, it should be noted that in terms of the timing of acquiring the status, the main applicant and children under the age of 21 can obtain citizenship at the same time, while the spouse can only apply to obtain an Egyptian passport after 2 years. This is significantly different from the naturalization by investment programs in other countries, like applying for aDominica Citizenship by InvestmentThe spouse and children will be able to get their status at the same time as the main applicant.

5 Advantages of Holding an Egyptian Passport

Egypt, with its capital in Cairo, spans Asia and Africa and is mostly located in North Africa, has a land area of 1 million square kilometers, a population of 100 million (as of September 2022), and the official language is Arabic, making it one of the world's four most ancient civilizations. The strategic location, historical appeal and promising economic prospects make Egyptian citizenship highly sought after. Egypt's Citizenship by Investment Program also offers a range of advantages to international investors. Holding an Egyptian passport through the Naturalization by Investment Program offers several advantages:

1. One of the most dynamic economies in the Middle East and North Africa region

Straddling Asia and Africa, Egypt is one of the most dynamic economies in the Middle East and North Africa region. With continued economic growth and booming industries, investing in Egyptian citizenship opens the door to a plethora of business opportunities. The Egyptian Citizenship by Investment Program provides investors with access to the Egyptian real estate market. Being an Egyptian citizen also gives the option to establish private companies and participate in investment projects locally to share in the dividends of Egypt's economic development. In addition, with improved political stability and security measures, Egyptian citizenship provides a safe haven for investors and their families.

2. Rich tangible cultural heritage

Pyramids and mummies from the Pharaonic era 5,000 years ago; castles and churches from the Greco-Roman era 2,000 years ago; mosques from the Arab and Ottoman eras 1,000 years ago ...... As one of the oldest countries in the world, Egypt attracts tourists from all over the world every year. Tourism is also one of Egypt's main sources of income. With Egyptian citizenship, you will be able to "get close to the action", integrate better into the local community, and immerse yourself in Egypt's rich and colorful culture and history.

3. United States E-2 visa opportunities

The E-2 Treaty Investor Visa allows visa holders to conduct business activities in the United States, including founding, acquiring, and operating a business. Applicants for the E-2 visa are required to demonstrate to the U.S. government that they will contribute to the U.S. economy and create jobs. After obtaining an Egyptian passport, one can apply for the E2 visa agreement between the U.S. and Egypt as long as they have lived in Egypt for three consecutive years. While there is no minimum investment requirement for the E-2 visa, applicants are required to provide a detailed business plan, and we typically recommend an investment of between $100,000 and $200,000 dollars. This provides an excellent opportunity for Egyptian investors seeking to start a business and stabilize their lives in the United States.

4. Enhancing global mobility through the use of Egyptian passports

Egyptian citizens enjoy visa-free or visa-on-arrival travel to 49 countries around the world, enhancing global mobility for investors and making global business operations and personal travel easier. However, when visiting the Schengen area of the European Union, the United Kingdom, Canada, the United States, or China, a visa needs to be applied for in advance through embassies and consulates. If you prefer to have unimpeded access between the Americas, Europe and Asia, consider a Caribbean passport, especially a Dominica passport that is visa-free to nearly 150 countries and can be used without a visa to China, making it easy to travel to and from China to visit family and friends.

5. Family benefits and inheritance of status

The Egyptian Citizenship by Investment Program allows for immediate family members, including spouses and children under the age of 21, to be brought along so that the family can also enjoy access to Egypt's reputable educational institutions and medical facilities. Moreover, Egyptian citizenship acquired through the investment can be inherited by the applicant's children, i.e. the investor's newborn baby will automatically become an Egyptian citizen. Also, like Dominica, Egypt recognizes dual citizenship, which means that there is no need to give up your current citizenship when applying for Egyptian Immigrant Investor.

reach a verdict

Acquiring citizenship of another country through investment is an important way of identity planning for many people. Along with the convenience of traveling, it enhances one's international reputation and business competitiveness, allowing investors to have more business opportunities and social resources, while allowing their families to enjoy better education and healthcare.

Conclusion 2

In conclusion, investing in obtaining citizenship of another country is an important way of identity planning for many people. When choosing a country to invest in for citizenship, it is important to weigh the pros and cons of each aspect specifically and choose the program that best suits your needs. Different individual needs and goals will determine the best program for you. For investors who are attracted to the charm of Egypt's cities, wish to participate in the development of the country's real estate market, or intend to use an Egyptian passport as a stepping stone to obtaining a U.S. E-2 visa, obtaining Egyptian citizenship through naturalization by investment may be a good option. However, if your need is to quickly acquire citizenship of another country, or with an eye towards international tax optimization and asset globalization, then you may want to turn your attention to citizenship by investment programs in Caribbean countries such as Dominica.

Conclusion 3

It is recommended to customize one's investment and identity planning strategy, evaluating it based on one's own financial situation, short-term and long-term planning, tax planning needs, and other factors. And seek the guidance of a professional naturalization consultant to rationally analyze the pros and cons of naturalization programs in different countries. During this process, we can provide you with professional and targeted advice to help you select the investment naturalization program that best meets your needs and take you on your journey to global citizenship.

Extended Reading

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Dominica Citizenship Program

The Dominica Citizenship Naturalization Program was established in 1993 A.D. and is one of the oldest naturalization programs in the world.
passport immigrationApplicants are not required to attend an interview
Immigration can be processed quickly: the time it takes is about 2-3 months.
The most cost-effective program for single applicants
The status can be passed on permanently to the next generation in the direct line.
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With a population of 110 million people, Egyptian passport fast track naturalization, Africa's only legal investment naturalization program

What can an Egyptian passport get you? Egyptian Citizenship by Investment

Allowing installment payments, Egyptian passports to lower threshold in March 2023

Minimum Investment Threshold for Egyptian Passport Naturalization Program