Shereef Sami, the Deputy Executive Director of the Egyptian Citizenship Applicants Office at the Cabinet, stated that Egypt has many advantages encouraging people to obtain citizenship through investment. In his meeting with media personality Eman El-Hosary on the program "Masa DMC," broadcasted on DMC Channel, Sami mentioned that "the application for Egyptian citizenship depends on security approvals, and several security authorities examine the applicants. If approved, the investor starts implementing the investment program in Egypt, and this review takes between 3 to 6 months."
He also pointed out that among the conditions for obtaining Egyptian citizenship, an initial fee of 10,000 dollars must be paid as administrative fees for reviewing the application, which is non-refundable. An applicant undergoes a security check, and if accepted, a decision is issued by the Prime Minister granting temporary residence in Egypt for 6 months.
Sami noted that the Arab community is the leading group applying for Egyptian citizenship, particularly the Syrian, Lebanese, Libyan, Iraqi communities, and some from Sudan. There are 23 nationalities that have applied for citizenship, including individuals from Europe, China, and India.
Regarding the requirements for obtaining Egyptian citizenship, he clarified: "One can either purchase property worth at least 300,000 dollars, or establish an investment project costing 350,000 dollars, or pay 100,000 dollars to the state's public treasury, or deposit 500,000 dollars in the Central Bank of Egypt for 3 years, which can be recovered without interest at the value of the Egyptian pound at the time of withdrawal. The last option is to deposit 250,000 dollars non-refundable."
