Investment Residence Permit (Bank Deposit)

Egypt•Africa

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Investment Residence Permit (Bank Deposit)

Investment

At a Glance

Processing Time

1-3 months

Estimated Cost

Free

Stay Duration

3 years

Not renewable

Renewal

Not renewable

Family

No dependents

PR Pathway

None

Sponsor

No job offer needed

Work

Remote not required

Overview

The Egypt Investment Residence Permit (Bank Deposit) is a program designed for foreign nationals who wish to reside in Egypt by making a significant financial deposit in a state-owned bank. By depositing $50,000 or $100,000, applicants can secure a renewable residency permit for one or three years, respectively, provided the funds are transferred from abroad as fresh money.

Requirements

PUBLISHED REQUIREMENTS

Valid passport with at least 6 months validity

Proof of a bank deposit of at least $50,000 (for 1-year) or $100,000 (for 3-year) in a state-owned Egyptian bank

Evidence that the deposited funds were transferred from abroad as 'fresh money'

Clean criminal record certificate

Medical certificate confirming absence of dangerous diseases

KEY CRITERIA

Investment

50,000 EUR

Advantages & Considerations

Key Benefits

Provides a legal pathway for long-term residency without needing local employment
Renewable indefinitely as long as the deposit remains in the account
Allows inclusion of immediate family members (spouse and dependent children)

Worth Knowing

The deposit must be maintained in the bank to keep the residency valid
This permit does not grant the right to work in Egypt; a separate work permit is required for employment
The process involves significant administrative steps and security vetting

Application Process

Transfer the required investment amount from abroad to a state-owned Egyptian bank

Obtain the official bank deposit certificate

Prepare required personal documentation (passport, medical, criminal record)

Submit the application to the relevant Egyptian immigration authorities

Attend security clearance and interview if required

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Overview

Requirements

PUBLISHED REQUIREMENTS

Valid passport with at least 6 months validity

Proof of a bank deposit of at least $50,000 (for 1-year) or $100,000 (for 3-year) in a state-owned Egyptian bank

Evidence that the deposited funds were transferred from abroad as 'fresh money'

Clean criminal record certificate

Medical certificate confirming absence of dangerous diseases

KEY CRITERIA

Investment

50,000 EUR

Advantages & Considerations

Key Benefits

Provides a legal pathway for long-term residency without needing local employment
Renewable indefinitely as long as the deposit remains in the account
Allows inclusion of immediate family members (spouse and dependent children)

Worth Knowing

The deposit must be maintained in the bank to keep the residency valid
This permit does not grant the right to work in Egypt; a separate work permit is required for employment
The process involves significant administrative steps and security vetting

Application Process