Egypt: Eligibility Conditions for Foreign Investors to Obtain Citizenship Relaxed
April 17, 2023
Effective immediately, the government of Egypt has reduced the eligibility conditions for foreign investors to obtain Egyptian citizenship. First, the threshold to purchase real estate in Egypt has been reduced to USD 300,000 and can be paid in installments over a year; previously, a real estate purchase had to be worth a minimum of USD 500,000 and be in an area designated by the relevant authorities in Egypt. Additionally, the investment threshold has been lowered to USD 350,000 for investment in a new or existing business in accordance with the Investment Law in Egypt; previously, the threshold was USD 400,000. Further, individuals can deposit USD 500,000 in the Central Bank of Egypt (refundable after three years without interest); previously, individuals were required to deposit USD 750,000 (refundable after five years). Lastly, foreign nationals can now deposit in installments over a year a non-refundable USD 250,000 towards direct revenue for the state’s public treasury; previously, the deposit could not be made in installments.
This alert is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to [email protected].
Explore more at Fragomen
Video
Learn how international graduates can stay in France for one year to find work or start a business. Discover eligibility requirements, application steps and transition options for the Job Seeker/New Business Creator permit.
Awards
Partner Priscilla Muhlenkamp is a finalist for the 2025 National Law Journal Awards category, "DC Managing Partner of the Year."
Media mentions
Partner Bo Cooper highlights that new $100K H-1B fees could affect US employers, with possible exemptions for critical roles.
Media mentions
Partner Louise Senior highlights the impact of record-breaking UK sponsor licence revocations and the steps hospitality businesses can take to manage compliance.
Media mentions
Partner Bo Cooper explores the impact of H-1B visa changes on companies and their talent strategies.
Media mentions
Partner Bo Cooper explains that while new H-1B fees affect future petitions, US opportunities for international talent remain highly valued.
Media mentions
Fragomen explores in an article how international recruitment can help solve Germany’s public sector staffing crisis and support the future of essential services.
Blog post
Assistant Manager Charo Medida explains the work permit requirements for employers and professionals under the UAE Golden Visa programme.
Media mentions
Partner Bo Cooper explains how proposed H-1B fee and lottery changes impact hiring of skilled international talent across sectors.
Media mentions
Partner Haider Hussain underlines the role of talent mobility in shaping future growth sectors in the Kingdom.
Fragomen news
Fragomen is recognised by the Financial Times for its innovative work in workforce mobility and cross-sector collaboration.
Media mentions
Partner Daniel Brown outlines steps companies can take to support employees and maintain smooth operations during compliance-related situations.
Video
Learn how international graduates can stay in France for one year to find work or start a business. Discover eligibility requirements, application steps and transition options for the Job Seeker/New Business Creator permit.
Awards
Partner Priscilla Muhlenkamp is a finalist for the 2025 National Law Journal Awards category, "DC Managing Partner of the Year."
Media mentions
Partner Bo Cooper highlights that new $100K H-1B fees could affect US employers, with possible exemptions for critical roles.
Media mentions
Partner Louise Senior highlights the impact of record-breaking UK sponsor licence revocations and the steps hospitality businesses can take to manage compliance.
Media mentions
Partner Bo Cooper explores the impact of H-1B visa changes on companies and their talent strategies.
Media mentions
Partner Bo Cooper explains that while new H-1B fees affect future petitions, US opportunities for international talent remain highly valued.
Media mentions
Fragomen explores in an article how international recruitment can help solve Germany’s public sector staffing crisis and support the future of essential services.
Blog post
Assistant Manager Charo Medida explains the work permit requirements for employers and professionals under the UAE Golden Visa programme.
Media mentions
Partner Bo Cooper explains how proposed H-1B fee and lottery changes impact hiring of skilled international talent across sectors.
Media mentions
Partner Haider Hussain underlines the role of talent mobility in shaping future growth sectors in the Kingdom.
Fragomen news
Fragomen is recognised by the Financial Times for its innovative work in workforce mobility and cross-sector collaboration.
Media mentions
Partner Daniel Brown outlines steps companies can take to support employees and maintain smooth operations during compliance-related situations.