{"id":6504,"date":"2022-04-13T10:49:58","date_gmt":"2022-04-13T08:49:58","guid":{"rendered":"https:\/\/advice.aqarmap.com.eg\/en\/?p=6504"},"modified":"2022-04-13T10:49:58","modified_gmt":"2022-04-13T08:49:58","slug":"obtain-the-egyptian-nationality","status":"publish","type":"post","link":"https:\/\/aqarmap.com.eg\/en\/advice\/obtain-the-egyptian-nationality\/","title":{"rendered":"Your Guide to the Requirements to Obtain the Egyptian Nationality and Its Procedure"},"content":{"rendered":"

The Egyptian nationality is considered to be one of the strongest Arab nationality since its rising demand from people abroad, especially Arabs, nowadays. This is due to many reasons including the mega projects Egypt is developing in areas such as the New Administrative Capital, in addition to the political and economic stability Egypt is currently enjoying.<\/span><\/p>\n

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There are other Arab nationalities that many people seek to obtain such as the Emirati, Saudi, Qatari, and Egyptian nationalities. This is because of the economic prosperity each country enjoys and the investment opportunities it offers to its residents and its economy. These investment opportunities are represented in the real estate field, skyscrapers, global towers; which urges people to obtain these nationalities in order to contribute and invest in these megaprojects.<\/span><\/p>\n

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How to Obtain the Egyptian Nationality<\/span><\/h2>\n

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The Egyptian constitution stipulates in Law No. 27\/2017 that there are 5 different tracks with their own conditions for anyone to pursue in order to obtain Egyptian nationality in exchange for investment.\u00a0<\/span><\/p>\n

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First Track: Start Your Own Project by Minimum Budget of $400,000<\/span><\/h3>\n

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If you are a foreigner who wants to settle down and invest in Egypt, you have two options. One, you can start your own project with a budget that is no less than $400,000. Two, you can invest in another project and partner with 40% of the project\u2019s capital. In both options, the project has to continue for at least 5 years and in case it stopped; you are required to pay $250,000 to the Central Bank of Egypt (CBE) and the money will go to the state\u2019s treasury in order to keep your Egyptian nationality.<\/span><\/p>\n

\"\"Second Track: Buy A State Property of At Least $500,000 Value<\/span><\/h3>\n

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The requirements of obtaining Egyptian nationality include buying a state\u2019s property that could be a piece of land, a building, a factory, or anything of that sort that is worth at least $500,000 that are to be transferred from abroad. Similar to the first track, if the property is to be resold, then you are still required to pay non-refundable $250,000 to the Central Bank of Egypt to keep your nationality.<\/span><\/p>\n

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Third Track: A Direct Deposit of $250,000<\/span><\/h3>\n

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This is considered one of the easiest requirements of obtaining nationality for whoever does not want to partake in any real estate and\/or long-term investments. Whereas, you can transfer through the bank a non-refundable $250,000 to the state\u2019s treasury to obtain your nationality.<\/span><\/p>\n

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Fourth Track: Opening A 3-Year Trust in the Central Bank of Egypt<\/span><\/h3>\n

For whoever chooses this track, are required to pay a one million dollars as a deposit to the Central Bank of Egypt and they can receive their money back without interest after 3 years with the official exchange rate on the received date without exceeding the original number (no more than one million dollars).<\/span><\/p>\n

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Fifth Track: Opening A 5-Year Trust in the Central Bank of Egypt<\/span><\/h3>\n

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Similar to the fourth track, any foreigner can open a 5-year trust in the Central Bank of Egypt with the value of $750,000, which they can receive it back after 5 years with the official exchange rate on the received date without exceeding the original number (no more than $750,000)<\/span><\/p>\n

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Official Authorities Responsible for Granting Egyptian Nationalities<\/span><\/h2>\n

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In order to facilitate the process for applicants, the state dedicated the Office of Receiving Applications for Egyptian Nationality, which is an office that is a subsidiary of the Ministries\u2019 Cabinet and is located in the administrative building of the General Authority for Investment and Free Zones in the <\/span>Ard El-Ma\u2019ared<\/span><\/i> (Fairgrounds) in Nasr City.<\/span><\/p>\n

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This office has been established to be the only official office that is responsible for receiving and handling applications for Egyptian nationality. It includes specialized units that represent a few Egyptian ministries such as:\u00a0<\/span><\/p>\n

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