Egypt is a country that often gets a bad rep. I understand why. But also, many people have made Egypt their home and absolutely love it. Those are the people that went beyond the usual tourist hotspots, and who are comfortable with constant haggling over prices 🙂
I understand that Egypt has a bunch of issues and comes with risk from an investment and geopolitical point of view.
The point I want to make here is that residency in Egypt is a surprisingly interesting option for a number of people, especially for Europeans who want year-long sunshine and western Muslims who want a new home.
Residency in Egypt is easy to get
There are multiple tiers of residency, starting from a bank deposit of $50,000 in an Egyptian bank, or a $50,000 investment in Egyptian real estate. In this video with Hany and Alaa, we discuss the details of residency by investment in Egypt.
Who is residency in Egypt right for?
- People from Africa and the Middle East who want to live in a familiar country that is affordable and welcoming.
- Europeans who want to enjoy year-round sunshine, especially in winter, without having to go far and while staying in a similar timezone.
- Western Muslims who want to live in a country more respectful of their Islamic values, but that is more welcoming than other countries in the region such as Turkey and the Gulf where they may face some level of discrimination.
- Western non-Muslims who want to raise their families close to Europe and have access to very affordable international schools but with a more conservative curriculum.
- Kite surfers, divers and water-sport junkies who want to live on the Red Sea.
- Business people who want easy access to Egypt large domestic market of almost 120 million consumers
Here is the full information on residency by real estate investment and bank deposit in Egypt.
Residency is good, but citizenship is better
Not enough people discuss how easy and affordable it is to get Egyptian citizenship. $300,000 invested in real estate in Egypt gets you, your underage children and up to 4 wives (if you’re Muslim) citizenship. Non-Muslims can include only one spouse.
Importantly, it’s a citizenship that goes down the generations as long as the newborns get properly registered in Egypt or at an Egyptian consulate.
You can effectively get paid to get Egyptian citizenship.
For most people, the Turkish citizenship by investment at $400,000 in local real estate is a better option due to its stronger passport, but the Egyptian Citizenship by Investment program is absolutely underrated I find.
We’ve already helped a number of clients obtain it.
Full information and case studies on the Egyptian CBI
To a World of Opportunities,
The Wandering Investor.
Services in Egypt:
- Citizenship by Investment in Egypt
- My favourite real estate agent in Cairo
- How to get residency in Egypt by real estate investment or bank deposit
Articles on Egypt:
- Why the Egyptian Citizenship by Investment? Deep dive with the Egyptian government.
- Making a Real Estate Investment in Cairo, Egypt – a contrarian play
- Now is the time to pull the trigger on Egyptian Citizenship
- Investing in Real Estate in the New Administrative Capital of Cairo in Egypt
- The New Administrative Capital of Egypt. Why, What, and how?
- Red Sea real estate in Egypt with free citizenship
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