The program offers access to a country rich in history, with a strategic location connecting Africa, the Middle East, and Europe. Egypt features a low cost of living, an emerging economy with growing investment opportunities, and an expanding infrastructure network. With its warm climate, renowned cultural heritage, and dynamic business environment, Egypt is an appealing destination for investors seeking residency.
Egypt Residency Key Advantages
The application process is efficient and transparent, ensuring a high approval rate for applicants meeting the eligibility criteria. While there is no requirement to reside in Egypt full-time, residency holders must maintain their investment in the country.
The residency permit extends to the main applicant, their spouse, and dependent children. The program also grants access to high-quality international schools and medical facilities.
Aside from the initial application process, residency can be renewed without the need for constant physical presence. After maintaining residency for a certain period, applicants may qualify for long-term residence or citizenship under specific conditions.
The application process is streamlined and ensures a high success rate for eligible applicants.
Residency extends to the main applicant, spouse, and dependent children.
Applicants gain access to Egypt’s expanding business opportunities and infrastructure projects.
Living in Egypt is not mandatory, but maintaining the investment is required.
Residency allows access to quality education and healthcare institutions.
After maintaining residency for a designated period, individuals may become eligible for long-term residence or Egyptian citizenship.
Investors can engage in business activities and property ownership in Egypt.
Residency permits are initially granted for one year and can be renewed for up to five years.
Egypt Residency Requirements
To obtain residency, applicants must fulfill the following investment criteria:
- Choose one of the eligible investment options:
– Real Estate Investment: Purchase property in Egypt with a minimum value of USD 200,000.
– Bank Deposit: Deposit at least USD 100,000 in an Egyptian bank account prior to application (non-refundable).
– Business Investment: Invest USD 350,000 in an Egyptian business or project that contributes to economic growth, along with an additional USD 100,000 non-refundable contribution to the state.
- Provide supporting financial documentation:
– Evidence of a secured annual income demonstrating financial stability.
– Proof of the investment source and compliance with Egyptian financial regulations.
Additionally, applicants must meet the following conditions:
- Submit a clean criminal record certificate from their country of origin and current country of residence.
- Provide an official declaration of non-employment (not applicable to those investing in or managing businesses in Egypt).
- Pay any applicable government fees as specified by Egyptian authorities.
Egypt Residency Procedure
-To apply for Egyptian residency, applicants must complete the necessary forms and submit them along with the required fees and supporting documentation.
-Once approved, applicants must maintain their investment for the required period to sustain their residency status. Additionally, they may be required to provide periodic proof of compliance with investment regulations.
-Accepted income sources may include salaries, rental income, business profits, pensions, and financial investments.
-Residency permits are initially granted for one year and are subject to renewal. If the investment remains active and meets the program’s criteria, residency can be extended for periods of up to five years at a time.
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