EgyptCitizenship By Investment

Overview

The Egypt Citizenship by Investment (CBI) program enables foreigners to acquire Egyptian citizenship and a passport 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

Egyptian citizens enjoy visa-free access to over 50 countries and territories, mostly Arab states.

E-2 Investor Visa in USA

Since Egypt has a treaty on commerce and navigation with the USA, Egyptian nationals are eligible to apply for the E-2 Investor Visa in the USA.

Strategic Location

Egypt, as a gateway between Africa and the Middle East, offers easy reach to the promising markets and economies.

Diplomatic Support

During emergencies abroad, Egyptian citizens can get assistance from embassies and consulates located around the world, including consular services.

Rich Cultural Heritage

Become part of Egypt's rich cultural and historical legacy, from the ancient pyramids to the lively streets of Cairo.

Legally Ensured

Since 2018, the Egypt CBI program is operational in compliance with the Egyptian legislation and benefits from government guarantees.

Investment Options

The Egypt Citizenship by Investment (CBI) program offers the four investment avenues:

Real estate investment

USD 300,000

Residential or commercial property(ies) anywhere in Egypt, excluding the Sinai Peninsula. The investment must be retained for at least five (5) years)

Business investment

USD 350,000

Out of which USD 100,000 goes as a donation to the public treasury. Investment can be made in an existing business or the establishment of a new enterprise. The investment must be held for at least five (5) years.

Deposit in an Egyptian bank

USD 500,000

Investment must be held for at least three (3) years, without any accrued interest.

Donation to the State Public Treasury

USD 250,000

A non-refundable contribution is paid at the Central Bank of Egypt on the Public Treasury’s account.

Applicable Fees

Application Processing	USD 5,000
Legal fees	USD 2,000-10,000

Application Process

Step 1 : Internal Due Diligence and Qualification Assessment

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.

Step 2 : Application Preparation

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.

Step 3 : Making Investment and Application Submission

Applicants need to start the qualified investment and meet the eligibility criteria. Bayat Group team prepares the CBI application for submission.

Step 4 : Issuance of Residence permit, Due Diligence Review and Citizenship Application Processing

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.

Step 5 : Citizenship Granted and Passports Issued

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.