Egypt•AfricaInvestment Residence Permit (Bank Deposit)
At a Glance
1-3 months
Not confirmed
Check the official source
3 years
Not renewable
Renewal
Not renewable
Family
Not specified
PR Pathway
None
Sponsor
No job offer needed
Work
Remote not required
Overview
Renewable residence permit for foreign nationals who deposit $50,000 or $100,000 as fresh money in a state-owned Egyptian bank, valid for 1 or 3 years respectively.
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 USD
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
Related visas
More visas in Egypt
Investment visas in other countries
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