Egypt map

Egypt

Country profile

 

Egypt spans northeast Africa and the southwest corner of the Middle East via the Sinai Peninsula. The river Nile played a key role in the development of Egyptian civilisation, and Ancient Egypt saw some of the earliest developments of writing, agriculture, and urbanisation. Egypt’s Great Pyramid of Giza is one of the Seven Wonders of the Ancient World, and the only one that is still standing. Most historians date modern Egypt to 1922, with the establishment of the Kingdom of Egypt. Today, Egypt’s economy is mainly dependent on agriculture, media, natural gas, and tourism.

  • Official name: Arab Republic of Egypt
  • National anthem: Bilady, Bilady, Bilady
  • Location: North Africa
  • Capital city: Cairo
  • Official language: Arabic
  • Independence: 28 February 1922, from the United Kingdom
  • Government type: Unitary semi-presidential republic
  • Head of State: President
  • Head of Government: Prime Minister
  • Basis of legal system: Islamic and civil law
  • Currency: Egyptian pound
  • Climate: Hot desert climate
Egypt_op
report

Programme Profile

Citizenship by Investment in Egypt

  • Egypt’s first CBI programme finds its basis in Parliament Law No. 190, which details conditions for the grant of citizenship to foreign nationals in exchange for investments or donations without the need to undergo a period of residence
  • Four routes to citizenship:
    • Purchase, for at least US$500,000, of one or more Government-owned properties or Government-owned land, to be held for a period of five years
    • Acquisition of a minimum 40 per cent stake in either a new or previously established Egyptian company, in which the total invested capital must be a minimum of US$400,000
    • Bank deposit of either US$750,000 to be returned after five years at 0 per cent interest, or US$1 million to be returned after three years at 0 per cent interest
    • Non-refundable contribution of US$250,000 to the CBI Unit account at the Central Bank of Egypt
  • Due diligence is performed by the General Intelligence Service, the Military Intelligence and Reconnaissance Administration, and the Financial Regulatory Authority
  • No formal interview or mandatory testing
  • One visit to Egypt required before the grant of citizenship to obtain a National ID Card
  • Any official spouse of the main applicant can be included in an application but will not obtain citizenship of Egypt until two years after the main applicant becomes a citizen. Unmarried children below the age of 21 can be included and receive Egyptian citizenship at the same time as the main applicant
  • Citizens are eligible to apply for the United States’ renewable E-2 visa
  • There is no cap or expiry date on Egypt’s Citizenship by Investment Programme