The Egyptian CBI program offers foreigners the opportunity to acquire Egyptian citizenship by investing in the country’s economy. This program was introduced to attract foreign investment and promote economic growth.

 

Cost:

The cost of the Egyptian CBI program varies depending on the investment option chosen. There are four main options:

Real Estate Investment: Purchasing a property valued at least $300,000.

Investment Projects: Investing in an approved project approved by the Egyptian Cabinet. The minimum amount for this option is not set and depends on the type of project.

Bank Deposit: Depositing a specific amount in an Egyptian bank. The minimum amount is $500,000 for 38 months with no interest.

Non-Refundable Donation: A donation to the Egyptian state. The minimum amount is $250,000.

In addition to the investment cost, there are other fees such as: E.g. processing fees, due diligence fees and legal fees.

The investor can include their spouse and children under 21 in their citizenship application. Children acquire citizenship at the same time as the investor, while the spouse gets their passport two years later.

 

 

Process duration:

The processing time for obtaining Egyptian citizenship under the CBI program is usually 6-9 months.

Pros:

Visa-free travel: Egyptian citizens can travel to over 66 countries without a visa.

No residency requirement: There is no residency requirement to obtain Egyptian citizenship.

Dual citizenship: Egypt allows dual citizenship, allowing you to keep your original citizenship.

Economic benefits: Investments in Egypt can bring lucrative returns.

Cultural diversity: Egypt is a country with rich history and culture.

Cons:

High costs compared to other CBI programs such as Vanuatu, or others in the Caribbean. Few visa-free countries.

Due diligence: The due diligence process can be extensive and time-consuming.

Political risks: As with any investment abroad, there are political risks in Egypt.

Dual Citizenship:

Yes, Egypt allows dual citizenship. This means that you can keep your original citizenship if you acquire Egyptian citizenship through investment.

 

 

Visa-Free Travel:

An Egyptian passport allows you to travel visa-free to over 66 countries. The exact number of countries is subject to change, so it is advisable to check the current list of visa-free countries before traveling.

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Personally, I would prefer other options, as 66 countries for 250,000 USD is relatively expensive. For example, citizenship of Vanuatu with only 135,000 USD total donation and visa-free travel to more than 110 countries and territories, including Russia, Singapore, Costa Rica, Malaysia, Panama, Philippines, Thailand, United Arab Emirates, El Salvador, Caribbean, Cayman Islands, British Virgin Islands and Hong Kong.

Or, if applicable, the program in Turkey with a real estate investment of 400,000 USD.

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We’ve helped hundreds of people move their businesses overseas, legally reduce their taxes, and become dual citizens. We are focused on high-net-worth individuals and their families as well as corporations wishing to invest their offshore companies or even secure their wealth in offshore financial centers around the world. We will help you to find the best solution for setting up an offshore or onshore company. Another special area of our full-service consulting is the investment opportunity and solution in Europe, especially in the Balkans, Africa, Asia, UAE, the Caribbean and the Pacific.

If you are looking for it, please feel free to contact us. We create a holistic plan that serves your purpose.

The TCME Group Worldwide as well its partner in Vanuatu are accredited, licensed and authorized agents and facilitators of the Government of Vanuatu for the citizenship programs of the VDSP and the CIIP in Vanuatu.

GCI UNIT Worldwide by TCME Worldwide Group, designs and implements customized, holistic strategies for successful investors and entrepreneurs to legally reduce their tax bills, diversify and protect their wealth, invest abroad, gain a second citizenship and live a freer life worldwide to lead.

YOUR CHANCE FOR A BETTER LIVE

TCME Worldwide Group firm is a leading professional International Business Investment and Advisory Firm for Foreign Economic Relations. Our range of services includes:

• Offshore and Onshore Company Formation,
• international Business & Management
• Citizenship & Residency (Advice on residency and citizenship by investment programs, VIP citizenship programs in cooperation with more than 70 countries)
• Investments & Corporate Financing
• Advisory for Foreign Economic Relationship
• Diplomatic Consultancy & Public Affairs

If you would like to discuss your internationalization and diversification plans, book a consulting session* or email us under:  [email protected]

*A counseling session is a conversation about your portfolio and goals. It does not constitute legal, financial, tax or investment advice.

TCME Worldwide Group – Global Investments –
Level 33, Ilham Tower, 8 Jalan Binjai,
Kuala Lumpur 50450, Malaysia

www.tcme.company
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