EgyptCitizenship By Investment
- Visa-free travel 50+ countries
- Low investment requirements
- Right to live, work & study
- Strategic Location
- E-2 Visa opportunity to USA
Overview
The Egypt Citizenship by Investment program enables foreigners to acquire Egyptian citizenship in exchange for investments or donations. There are four distinct investment avenues available:
- Purchase of a real estate in a government-approved project or from private property developers, or private owners.
- Business Investment.
- Bank deposit.
- Donation to the public treasury.
The required sums can be covered through separate installments within a one-year period. CBI applicants are given a temporary residency during this period, with citizenship being granted upon completion of the investment.
Family Inclusion
The application allows for the inclusion of the main applicant’s legally recognized spouse, who becomes eligible for Egyptian citizenship two years after the main applicant. In total, the application can encompass up to four wives and their accompanying children under the age of 21.
Eligibility Criteria
To be eligible for the Egypt citizenship by investment program, main applicants needs to be at least 21 years old, with a clean criminal record and be in good health. They must also have the financial means to make the required investment or donation.
Egypt allows dual citizenship, thus there is no need to renounce the current citizenship(s).
Egyptian passport holders have the opportunity to relocate to the USA and establish a business through the E-2 Investor Visa.
Benefits
Visa-free travel
E-2 Investor Visa in USA
Strategic Location
Diplomatic Support
Rich Cultural Heritage
Legally Ensured
Investment Options
The Egypt Citizenship by Investment (CBI) program offers the four investment avenues:
| Real estate investment | USD 300,000 |
| Business investment | USD 350,000 |
| Deposit in an Egyptian bank | USD 500,000 |
| Donation to the State Public Treasury | USD 250,000 |
Applicable Fees
| Application Processing | USD 5,000 |
| Legal fees | USD 2,000-10,000 |
Application Process
Bayat Legal Services' compliance team will conduct an internal due diligence check, including a background security screening of the applicant, preparation of KYC (Know Your Client), and a qualification assessment. This process is designed to minimize the risk of application denial.
Preparation of the tailored list of documents. The client signs a retainer agreement with Bayat Group. Gathering documents required for the application, including translation, certified copies and the required government forms.
Before starting property-related activities or bank transfers, applicants need to obtain a file number from the Egypt’s CBI Unit. Afterwards, applicant can proceed with the investment or wait for the approval in principal.
Applicants need to start the qualified investment and meet the eligibility criteria. Bayat Group team prepares the CBI application for submission.
Bayat Group's experts will aid in acquiring a residence permit in Egypt, followed by the submission of the investor's citizenship application. Authorities conduct a Due Diligence process that typically spans 2 to 3 months. Specialists review investors' documentation and verify details about them and their families through international databases. The Due Diligence reports is crucial, as the outcomes of the assessment determine the applicants' eligibility for citizenship. Applicants must also attend an interview with the Egyptian immigration authorities.
Upon the application's approval, the investor and dependents are issued passports. If the investor desires an ID card, the submission of biometrics date is a prerequisite. The whole application processing time can last up to six (6) months.