Stay informed with the latest real estate news in Egypt. Explore property market trends, investment opportunities, and expert insights on the Egyptian real estate industry.
Are you ready for the launch of the most exciting and comprehensive real estate platform in Egypt?
Introducing About Home the premier destination for real estate in Egypt. Whether you are looking for your dream home or investment, you will find it on About Home.
About Home is more than just a website. It's a platform that connects you with the best properties in the country, from apartments to villas, from studios to chalets, from new projects to resale units.
About Home also offers you expert services and support throughout your real estate journey. You can get in touch with our professional agents, appraisers, lawyers, and consultants who will help you with every step of the process. You can also benefit from our market insights, tips, and advice that will help you make informed decisions.
And if you want to sell or rent your property, you can also add your listing on About Home and reach thousands of potential buyers and tenants. We will help you market your property, negotiate the best deal, and finalize the transaction smoothly and securely.
About Home is your one-stop shop for all your real estate needs in Egypt.
But don't take our word for it. See for yourself.
We are launching soon, and we want you to be the first to know.
Follow us on Facebook, Twitter, Instagram, and YouTube to get the latest updates, sneak peeks, and exclusive offers.
And don't forget to sign up for our newsletter to get a special invitation to our launch event, where you will have a chance to win amazing prizes and discounts.
Don't miss this opportunity to join the About Home community and find your perfect home or investment.
#AboutHome: The Premier Destination for Real Estate in Egypt
Look no further than City Mart! With its luxurious interior design, outdoor areas, and a wide range of products, City Mart has earned its place as one of the most promising brands in the country. Let's take a closer look at what sets City Mart apart.
From the moment you step into City Mart, you will be struck by its luxurious and sophisticated interior design. The store's modern and sleek design is a reflection of the brand's commitment to providing a high-end shopping experience. The store is well-organized and easy to navigate, with plenty of space to move around and browse the products.
City Mart's success can be attributed to its strong management team, which has a wealth of experience in the retail industry. The team is dedicated to ensuring that customers receive exceptional service and that the store runs smoothly. Their attention to detail and focus on customer satisfaction are evident in every aspect of the store.
In addition to its luxurious interior, City Mart also boasts outdoor areas that are ideal for customers to relax and enjoy their coffee or snack. The outdoor areas are well-designed and equipped with comfortable seating and shading, making them perfect for socializing or working remotely.
City Mart offers a wide range of products, from fresh produce to household essentials, which makes it a one-stop-shop for customers. The store's product selection is carefully curated, ensuring that customers have access to the highest quality products.
City Mart's franchise management team is highly experienced and dedicated to supporting franchisees to ensure their success. The team provides comprehensive training, ongoing support, and assistance with store management, marketing, and operations
City Mart's website is user-friendly and easy to navigate. Customers can browse products, place orders, and even pay for their purchases online. The website also provides information on store locations, opening hours, and special promotions.
City Mart is a fast-growing chain with multiple stores in Egypt. The brand's expansion plans demonstrate its commitment to meeting the needs of customers across the country. The chain's growth is a testament to the quality of the products and the exceptional customer service provided at every store.
In conclusion, City Mart is a premium convenience store in Egypt that provides a high-end shopping experience. Its luxurious interior design, outdoor areas, wide range of products, franchise management team, website, and fast-growing chain make it stand out as one of the most promising brands in the country. With its continued success, City Mart is well-positioned to compete with some of the most famous international brands. So why not give it a try and see what all the buzz is about?
Have you been listening to the news about the Grand Egyptian Museum but want to know more details? If yes, you’re lucky then, as this article is your ultimate guide for everything you need to know about this iconic new attraction.
It’s the largest museum in the world dedicated to one civilization, which makes it a matchless destination to visit; keep reading to discover more about this gem.
Interesting Facts About the Grand Egyptian Museum
Exceptional Historic Attraction. It’s the largest archeological museum in the world so you can’t go wrong with it; that’s why coming here is an unmissable experience.
Spacious Destination. The Grand Egyptian Museum’s area is enormous as it stretches along 123 acres.
Huge Collection of Antiques. The museum is home to 100,000 artefacts, allowing you to spot numerous iconic collections of the Pharaonic antiques
Picturesque Design. You will feel mesmerised once entering it which owes to its incomparable building look; it’s designed to offer you panoramic views of the Great Pyramids of Giza while touring; this is through its floor to ceiling glass walls.
Unique Name. It’s referred to as GEM which is an abbreviation to Grand Egyptian Museum which is a catchy one to hear.
Location
It’s located on the plateau of the Pyramids, Al Remaya square, Al Haram street, Giza, Egypt.
Nearby Communities
The prime location of the Grand Egyptian Museum allows you to effortlessly reach it from the different communities of the city; check below the closest ones to it:
New Giza: 15 minutes away
Pyramids Garden: 15 minutes away
Al Mansouria: 15 minutes away
DreamLand: 25 minutes away.
Nearby Hotels
There are a number of lavish hotels near the museum where you can enjoy a distinct staycation. This enables you to enjoy an exceptional stay by the iconic Pyramids of Giza; whether you’re a visitor or a resident, you will have so much fun at the below hotels:
Marriott Mena House (*****): 10 minutes away
Cairo Pyramids Steigenberger Hotel (*****): 10 minutes away
Regency Pyramids View (***): 5 minutes away
Top Attractions
The Grand Egyptian Museum is home to endless interesting attractions where you will discover more about this exceptional civilization. So, whether you’re into history or not, coming here will surely impress you.
To have a unique experience, check the below list of the museum’s top attractions where surprises are unlimited:
The Grand Staircase
This is one of the top zones in the museum, consisting of long stairs lined with 87 statues of kings and gods in Egyptian civilization. You will feel astonished while walking through it and seeing these iconic pieces closely.
Tutankhamun Gallery
Are you ready to know more about one of the most significant kings of the Pharaonic civilization? If yes, then Tutankhamun Gallery is a must visit zone in this museum.
It is where for the first time you will be able to spot all the contents of the king’s tomb which amounts to 5,400 pieces. In addition, you will also see his gold plated mask and coffins which age to thousands years ago.
It’s the main attraction of the museum so don’t miss visiting it!
Hanging Obelisk
When saying that you will see this only here in the Grand Egyptian museum, it’s not an exaggeration. The Hanging Obelisk is the first of its kind in Egypt and worldwide. You will feel astonished while seeing this huge piece of art.
Besides, they offer you a unique experience which is standing on the base of the obelisk as it will be suspended on four columns. Don’t forget to take some pictures with this ancient Pharaonic obelisk.
Four Eras Galleries
The amazing galleries of the museum are home to a huge number of antiques and monuments of this great civilization. They are divided according to the different historical periods: pre-dynastic (up to 3,100 BC) and Old Kingdom, Middle Kingdom, and New Kingdom, Greco-Roman.
You will enjoy touring the four galleries to discover more about each period and see various ancient monuments that are exclusively here.
Entertainment Area
At this stunning museum, you can find leisure facilities too. The Entertainment area stretches along 25 fedan including restaurants, shops, and entertainment spots.
In addition, around the main museum you can visit interesting areas like:
Kids Museum
Conference Centre
Special Needs Museum
Egyptology Library
3D cinema
Sculpture garden
Gift shops.
Opening Date
The waiting for the opening of the new Grand Egyptian is over as finally the Ministry of Tourism and Antiques has announced its opening date which will be on:
November 2022.
Tickets
The entry fee is no longer vague. You can know the average price of the Grand Egyptian Museum’s ticket as it has been recently announced by the Egyptian Ministry of Tourism and Antiques.
Have a look below at the ticket prices with details:
The Main Halls and Tutankhamun Hall (inclusive ticket)
EGP 60 ( Egyptians)
EGP 500 (Foreigners)
Tutankhamun Hall
EGP 50 ( Egyptians)
EGP 400 (Foreigners)
The Main Halls
EGP 30 ( Avg. for Egyptians)
EGP 200 (Avg. for foreigners)
The Hanging Obelisk
EGP 50 (Egyptians)
EGP 60 (Foreigners)
FAQ
1. What Are the Companies Working on the Grand Egyptian Museum Project?
There are many international and national companies working on the Grand Egyptian Museum. This huge project was assigned to the top ones after a competition held in 2002.
Here are the list of the companies working on the Grand Egyptian Museum Project:
Orascom and Besix: It’s a 50/50 venture between the Belgium company: Besix and the Egyptian one: Orascom. They are responsible for the construction and maintenance of the whole project from scratch.
Heneghan Peng Architects: This notable company is the one behind the amazing and mind blowing architectural design of the Grand Egyptian Museum; it’s implemented by their branch in Ireland.
Atelier Bruckner: Here is the one responsible for designing the “Tutankhamun Gallery” which is considered the highlight of the museum. It’s a recognizable German company which is among the pioneer ones in its field.
2. What Is the Idea Behind this Great Project?
Constructing such a great and huge project has been an ongoing plan since 2002. The Egyptian government was aiming to offer its citizens and visitors a matchless spot where they can see and learn everything about the Pharaonic civilization.
Moreover, they planned for this project and chose its location wisely to be neighbouring to the Great Pyramids of Giza, so the tourists can easily visit both attractions. Not just that, they offer an Egyptology Library inside the museum, as a great hub for those interested in exploring this civilization.
You have all the information you need to know about the Grand Egyptian Museum in Giza through this full guide; coming here is like travelling back in time to one of the most interesting eras so don’t miss visiting it!
For history lovers, you can check the list of best museums in Cairo on Property Finder for many interesting ancient destinations.
If you’re coming to Egypt on a visit, have a look on the best places to visit in Cairo on the website too, as they’re all wrapped in this article.
We are glad to announce our partnership with Cityscape Egypt for the first time for its 11th edition. Property Finder Egypt will be the Proptech partner for Cityscape, the largest real estate event in the country.
Property Finder will have a place in one of Cityscape’s exhibition halls where all the guests and media are welcomed. For our valued customers, there will be many surprises at our booth at Cityscape. It’s a great opportunity to know more about our services from our dedicated team and enjoy various giveaways, exclusive offers, and much more.
This article is your quick and inclusive guide to know more about Cityscape, its agenda, and why you shouldn’t miss it.
About Cityscape
Cityscape is one of the most popular real estate exhibitions that take place in Egypt on a yearly basis. It’s supported by the Ministry of Housing, Utilities, and Urban Communities.
In 2002, it firstly took place and managed to build a trustful relationship in the real estate market through its yearly exhibition to be one of the most awaited events in the field.
Now, it’s a well known name for the top investors, developers, brokers, and clients. That is why heading there is an unmissable opportunity to know more about the real estate market’s latest trends, insights, and projects.
In addition, it features great deals and property prices for those who are willing to buy or invest in the market.
Cityscape Exhibition
Cityscape Exhibition is for all the customers who are interested in buying or investing in the market. Through this event consumers can buy not only residential units but also commercial retails, and administrative offices.
There will be many exhibitors from the top developers across the four halls of the exhibition. You can tour them to know more about their latest offers, services, and new projects.
Location
It will take place in Egypt’s International Exhibition Centre, El Moshir Tantawy Axis, Fifth Settlement, Cairo.
Dates
21 – 24 September 2022
Timings
The doors will be open from:
12 pm – 10 pm (21, 22, 24 September)
2 pm – 10 pm (23 September)
*Property Finder Egypt will be available all days of the exhibition.
Joining Developers
Here is a list of some of the top developers joining Cityscape Exhibition:
Hyde Park Developments
Eco West
La Vista
Al Ahly Sabbour
Amer Group
Misr Italia Properties
Ora Developers
Tatweer Misr
Bonyan Development
Deyar Misr Properties
La Sierena Group
Jumeirah Egypt
Gates Developments
Elattal Holding
Azzar Islands
PRE Developments
Sorouh Developments
Taj Masr Developments.
Advantages of Attending Cityscape’s Exhibition
If you’re wondering why visiting Cityscape is a real opportunity, here are the perks:
Great exposure to the real estate leaders, top developers, and brokers
Unmissable opportunities for investing or buying new property
Exclusive offers and great prices by the different developers
Connections with new minds and real estate enthusiasts.
Registration for the Exhibition
You can easily join the exhibition for free by registering on their website to get your Free All Access Ticket. This badge will give you access during the 4 days of the event, including all the shows and developer discounts.
You can join their competition to win a very rewarding prize. The registration process is easy; just click this link.
Highlights of Cityscape 2021
The last Cityscape event was a great success as it managed to attract the highest number of visitors; this is through the new project launches, irresistible offers, and exclusive deals in the event. It attracted A-class buyers and the top investors in the country.
Here’s a glimpse of the event’s success in numbers:
19,489 visitors
216 media channels covered the event
65 exhibitors
6 sponsors
3 halls
19,700 sqm covered
More than EGP 20 Million worth of units sold.
Cityscape is your ultimate spot for great exposure to the real estate market in Egypt to know about its status, meet big investors, or find your dream home. This year’s event is expected to be bigger than ever. Don’t miss it.
Talah is the latest project in the New Capital you should definitely keep an eye on from New Plan Developments. Get ready for a life of luxury in one of the most sophisticated destinations in the New Capital. Here’s everything you need to know.
Location
Talah is strategically located in the 7th district R7 in plot i1 of the New Administrative Capital.
Nearby Attractions
The Knowledge Hub Universities: 10 minutes away
Cathedral of the Nativity of Christ: 15 minutes away
Cairo International Airport: 25 minutes away
Al-Fattah Al-Alim Mosque: 35 minutes away
Capital Park: 40 minutes away
Capital International Airport: 40 minutes away
Nearby Compounds
Rivan: 5 minutes away
Le Capitale: 5 minutes away
Catalan: 5 minutes away
The Loft: 5 minutes away
Atika: 10 minutes away
Facilities and Services
Talah New Capital is designed to provide the most comfortable life to its residents with plenty of wide green spaces and all the essentials at your doorstep:
Spacious greenery
BBQ areas
Recreational facilities
Kids play areas
Beautiful lagoon
Unique designs
Restaurants
Cafes
Schools and nurseries
Wi-Fi
Sporting clubs
Football field
Tennis
Basketball
Swimming pools
Walking and running tracks
Malls
Health club
Medical facilities
24/7 security.
Unit Types
Talah compound has a wide selection of properties to choose from and plan for your dream home. Here are the units available at Talah New Capital:
2-bedroom apartments
3-bedroom apartments
4-bedroom apartments
Duplexes.
Prices and Sizes
Here’s a breakdown of the average prices for apartments at Talah New Capital:
Following the undeniable success of Marassi in the heart of North Coast, legendary developer Emaar Misr is looking to turn heads yet again.
Soul, a luxury resort overlooking the Mediterranean Sea, is a venture you want to consider as your future summer home. Property Finder has all the details right here.
Location
The 580 acres resort has a strategic location along the North Coast shoreline at the 129 km mark, just 40 kms after Marassi.
Nearby Resorts
Sidi Abd El Rahman: 30 minutes away
Stella Heights: 30 minutes away
Rixos Alamein: 30 minutes away
Marassi: 35 minutes away
Amwaj: 35 minutes away
Seashell: 35 minutes away
Facilities and Services
Soul North Coast is unlike any other summer project you’ve seen before. Check out all the perks you get to enjoy:
4 beaches
Infinity beach
Cascading lagoons
Clubhouse
Beach cabanas
Lagoon cabanas
Pier infinity pool
Waterfall gate
Sol Town
Luxury hotel and residences
Underwater sculpture diving
Beach boardwalk
Kids activities
Fashion stores
Fine dining
Wellness programs
Sustainable project
Waterfront homes.
Unit Types
A range of luxury homes are available as part of Soul’s masterplan for you to choose the one that suits you best:
Standalone villas
Beach houses.
Properties are part of 4 different communities as follows with views of the beach and lagoons as well as some units with infinity terraces:
Views
Breeze
Flow
Islands.
Prices and Sizes
The starting price of villas and beach houses (starting 200 sqm) at Soul by Emaar is EGP 10,000,000.
Delivery
The project is expected to be delivered in Q4 2026.
Plan for your future right now and be a part of this exclusive beach community from Emaar Misr.
In the last few years, many Arabs are seeking to earn Egyptian nationality; especially after the Cabinet of Ministers’ decision to grant Egyptian nationality under few requirements which includes real estate investment. This, therefore, allowed businessmen to not only invest in Egypt but also earn Egyptian nationality.
This decision allowed many Arab citizens from countries such as Syria, Iraq,Yemen, and Libya to apply for the nationality, enjoy the full rights of an Egyptian citizen, dealing with official institutions and governmental channels personally, and further facilitations in paperwork related to family or business.
##The Latest Amendments in Egyptian Nationality Law
The Egyptian House of Representatives approved a couple of amendments on the law on granting Egyptian nationality in a way that investors can earn it through few application procedures and few conditions to be fulfilled.
According to these amendments, investors can obtain Egyptian nationality in case of purchasing, investing in any real estate project, or opening a trust fund in the Central Bank of Egypt (CBE).
##5 Ways to Earn Egyptian Nationality
According to the latest amendments in the list of requirements to apply for Egyptian nationality, there are 5 main ways through which this could happen and they include:
Depositing a non-refundable $250,000 to Egypt’s national treasury
Buying a state-owned real estate property with a value of no less than $500,000
Starting a project with a capital of $400,000
Depositing $1 million in a 3-year trust fund in CBE
Depositing $750,000 in a 5-year trust fund in CBE
##Where Can You Go to Apply for Egyptian Nationality?
According to the National Authority for Investment and Free Zone, the applicants who are interested in applying for Egyptian nationality through investment can go to the unit responsible for processing nationality applications at the National Authority for Investment and Free Zone in the Sefarat neighborhood.
A representative is immediately tasked to process their interest by going through all the required documents needed to apply prior to giving them the official application form of Egyptian nationality.
##What Are the Required Documents for the Application?
The unit responsible for processing applications stated that applicants are required to prepare approximately 18 documents in order to fulfill the requirements of earning Egyptian nationality through investment. These documents are:
The original of the application form
A copy of the bank statement that verifies the transfer of $10,000 from abroad as application fees to the Central Bank of Egypt
A copy of the applicant’s passport of the country of origin
A copy of the applicant’s passport of any other nationalities they currently have
3 original, recent personal pictures
A statement of declaration from the applicant of all nationalities they currently have
A copy of the spouse’s passport of the country of origin
A copy of the spouse’s passport of any other nationalities they currently have
A copy of the marriage certificate
A copy of the children’s passports, birth certificates, or national IDs
The original paper of the applicant’s criminal status record that should be verified form Egyptian authorities
The original paper of the applicant’s list of movements from their country of origin
The original paper of the applicant’s list of movements from their country of residence (no less than 5 years of residence from the date of application)
An original statement from their country of origin that confirms that the applicant did not face any criminal sentence nor are they facing any penalties in honour crimes, and it should be verified from the Egyptian Ministry of Foreign Affairs (MoFA)
In case the applicant owns shares of any companies, they must provide a copy of the company’s commercial record and a copy of the company’s taxation card. In addition to a copy of ownership contracts in case they own any real estate properties and a copy of the driving license of any vehicle they possess
The original certificate of the medical checkup
The original paper that states and confirms the fulfillment of the Investment Programme
##Dual Nationalism in Egyptian Law
Egyptian law allows people to have more than one nationality or what is known as “dual nationalities”. However, citizens who want to apply for other nationalities must notify Egyptian authorities before starting the application process while keeping their first nationality.
##Real Estate Investment for Foreigners in Egypt
One of the forms of real estate investment in Egypt to earn Egyptian nationality is buying any state-owned real estate property with no less than $500,000.
However, foreigners can also start building their new life in Egypt and earn the nationality by starting a project with a $400,000 capital. Among the main areas in which foreigners can invest in areNew Alamein City, Shorouk City, theNew Administrative Capital, and other new cities.
Some countries allow foreigners to obtain citizenship according to some specific criteria. The Egyptian government has issued several decisions regarding granting citizenship to foreigners after fulfilling some conditions. No doubt that this citizenship is beneficial for foreigners and is also beneficial in increasing investments in Egypt. Therefore, the demand for the naturalization of Iraqis in Egypt has considerably increased.
To facilitate obtaining citizenship, an office was established to receive those wishing to obtain Egyptian citizenship. This office is affiliated with the Council of Ministers and is located in the main administrative building of the General Authority for Investment and Free Zones (3 Salah Salem Street – Fairgrounds – Cairo) for ease of communication and submission of applications.
How to Obtain the Egyptian Citizenship
There are some specific cases in which it is possible to obtain Egyptian citizenship, as follows:
To purchase real estate from the state with a minimum of 500 thousand dollars. Real estate is land, a building, an apartment or factory land owned by the state or other public legal persons. The amount of the real estate shall be not less than 500 thousand US dollars to be transferred from abroad. The payment shall be transferred per the applicable rules of the Central Bank. If the buyer of the real estate wants to sell it before the lapse of five years from the date of obtaining it, he is required, in order to retain the Egyptian nationality, to deposit an amount of 250 thousand US dollars in the Central Bank. This amount shall be paid through a bank transfer from abroad, as direct revenues to the state’s public treasury, and it is not refunded.
To establish an investment project with a minimum of $400,000: Establishing or participating in an investment project with an amount of at least $400,000 transferred from abroad, with a participation rate of no less than 40% of the project’s capital. In the event of the investment project being liquidated, suspended or disposed of before the lapse of five years from the date of its operation, then in order to retain the Egyptian nationality, a deposit of 250 thousand US dollars in the Central Bank. This amount shall be paid through a bank transfer from abroad, as direct revenues to the state’s public treasury, and it is not refunded.
To deposit an amount of $250,000 under a bank transfer from abroad as direct income (grant) that goes to the state’s public treasury, and is not refunded.
To deposit a cash deposit of one million dollars for a period of three years under a bank transfer from abroad in the consolidated treasury account at the Central Bank. This deposit can be redeemed after the lapse of three years in Egyptian pounds at the exchange rate announced by the Central Bank on the date of redemption, and not exceeding the price on the deposit date without interests.
To deposit a cash deposit of $750,000 for a period of 5 years under a bank transfer from abroad in the central bank’s unified treasury account. This deposit can be redeemed after five years in Egyptian pounds at the exchange rate announced by the Central Bank on the date of redemption, and not exceeding the price on the date of deposit and without interests.
Non-investment Cases to Obtain Egyptian Citizenship
Residency in Egypt for at least 10 years, provided that this residency shall be permanent with the intention of continuing life in Egypt. During the ten-year period, the citizenship applicant has the right to travel for treatment, tourism, or work outside Egypt. The period of travel will be calculated from the time of the residency period.
A woman married to an Egyptian: Egyptian law grants a non-Egyptian wife married to an Egyptian the right to obtain Egyptian nationality while retaining her original nationality. This wife can obtain Egyptian citizenship after submitting an application stating her desire to obtain the citizenship, the husband’s approval of her desire and the submission of the required documents with verification that the marital relationship between them continues for a period of two years. When the foreign wife obtains the Egyptian nationality, she does not lose it if her marriage to the Egyptian ends unless she regains her foreign nationality or marries a foreigner and obtains his nationality.
Children of an Egyptian mother: Nationality is granted to children of an Egyptian mother, regardless of the father’s nationality.
Buying a Property in Egypt to Obtain Citizenship
This method is one of the common ways to obtain Egyptian citizenship. One of its most important features is that it can be as an investment and not only for housing and the returns on investment benefit the naturalized man. This investment also helps to revitalize the national economy, and it is better to buy land, a building, an apartment or factory land, provided that it be owned by the state or other public legal persons and for an amount of not less than 500 thousand US dollars.
Investing in the Purchased Real Estate
The citizenship applicant can benefit from the purchased real estate and can rent it to a company, shop or clinic. But if he does not want that, he can sell it or make good use of it personally.
Steps for an Iraqi to Obtain Egyptian Citizenship and the Required Papers
The first steps to obtaining citizenship begin after fulfilling any of the conditions by submitting the application to the headquarters of the administration with the completion of the required documents, which are:
The original application for obtaining Egyptian citizenship and additional information.
The original birth certificate of the naturalization applicant or an official extract thereof.
4 original recent personal photos of the naturalization applicant.
The original criminal status sheet from the Egyptian authorities.
The original official certificate of the movements of the naturalization applicant issued by his country of origin.
An original official certificate of the movements of the naturalization applicant issued by the country of permanent residence for a period of five years prior to the date of the application.
The original official certificate of the result of signing the medical examination for the naturalization applicant (to be submitted during the residency period).
The original official certificate issued by the applicant’s home country proving that he has never been convicted of a felony or a freedom-restricting penalty for a crime against honor, certified by the Egyptian Ministry of Foreign Affairs.
The original investment program fulfillment document (to be submitted during the residency period).
Copies of his ownership contracts for any real estate inside Egypt and copies of car licenses that he personally owns. In the event that the investor owns shares in any of the companies, please attach a copy of the commercial register or the companies’ newspaper and a copy of the company’s tax card.
A copy of a document of transfer from abroad for the administrative fees (10 thousand US dollars or what is equivalent) to the Central Bank of Egypt at the Presidency of the Council of Ministers at the Nationality Application Examination Unit.
A copy of the passport of the original nationality of the naturalization applicant and a copy of the passport or passports of another nationality for the naturalization applicant (repeated according to the number) with an acknowledgement from the naturalization applicant of other nationalities that he holds.
A passport copy of the wife’s original nationality and a copy of the wife’s passport(s) of another nationality (repeated according to the number).
A marriage contract copy.
A passport copy (or birth certificate or identity card) for minor children (repeated according to the number).
The Compound Guide is the Best Way to Buy a Real estate
To help you choose the right type of real estate, search in the compound directory (commercial, medical and administrative compounds and malls) on Aqarmap to choose what suits you best from offices, apartments, villas, offices and shops in the most prestigious places in Egypt (the Administrative Capital, Fifth Settlement, Sheikh Zayed and October).
How can real estate investment earn you Egyptian nationality? How can Egyptian nationality facilitate the challenges that face foreign investors? With the scale of Saudi investments in Egypt, granting Saudi investors the Egyptian nationality gives them more privileges which makes room for more investments in different fields.
Earning the Egyptian Nationality
Earning the Egyptian nationality might be one of the goals of many Arab citizens since Egypt enjoys economic and political stability and is on the rise of economic growth. Its strategic geographical location enables it to get through any potential economic crisis.
According to the latest indications, Egypt has scored a 9.8% increase in its overall economic performance in the first quarter in 2021/22, which is considered the highest score it has achieved for 20 years.
Law No.26/1975 states the requirements and conditions which foreigners can earn Egyptian nationality through, and it includes:
The child is born to an Egyptian mother and/or to a father whose nationality is unidentified or in case the mother could not legally prove the father’s parenthood to the child
Children with unidentified parents
If a person has Egyptian roots and can prove it, they can apply for Egyptian nationality after a 5-year residency in Egypt
The husband or the wife can grant Egyptian nationality to their spouses after 2 years of ending their marriage
One can also earn Egyptian nationality if they stayed for 10 consecutive years in Egypt
Foreigners can also earn Egyptian nationality based on the recent amendment of “Foreigners with Trust Residency”; which grants foreigners Egyptian nationality when they open a trust worth EGP 7 million or its equivalent of foreign currency and after a 5-year residency.
Egyptian Nationalities for Saudis in 2021
According to the latest decision made by the ministries’ cabinet on granting Egyptian nationality to foreigners in March 2020 to boost investments, Saudis are allowed to earn nationality in case they:
Deposited a non-refundable $250,000 to the Central Bank of Egypt
Depositing $1 million as a trust in the Central Bank of Egypt (transferred from abroad) and it is refundable after 3 years in Egyptian pounds and without interest
Investing in a project with a $400,000 capital or partnering in a project with 40% share. In case of the project has ended before 5 years of its start, the investor has to deposit a non-refundable $250,000 to the Central Bank of Egypt
Buying a state-owned real estate property which could be a land, a factory, an apartment, or a building; worth no less than $500,000 transferred from abroad. In case the property is sold before 5 years of the date of contract, the foreigner’s nationality application is in danger and they are required to transfer a non-refundable $250,000 to the Central Bank of Egypt
Depositing $750,000 as a trust in the Central Bank of Egypt and it can be refunded after 5 years in Egyptian pound with no interest
Required Documents and Paper for Applying for Egyptian Nationality
The process of applying for Egyptian nationality also includes submitting required documents and papers through personally or by mail to:
Reception Office for Foreigners Seeking Egyptian Citizenship, Naturalization Applications Examination Unit, General Authority for Investment and Free Zones Building – First Floor, 3 Salah Salem Street – Nasr City – 11562 Cairo
An original copy of your application to the Egyptian nationality
A copy of the receipt of transferring the administrative fees of applying for the nationality, which is $10,000 transferred to the Central Bank of Egypt that is then sent to the Ministries’ Cabinet and a unit that is specialized in processing the applications
A copy of the applicant’s passport of their original nationality
A declaration from the applicant of any other nationalities that they currently have
A copy of each passport of each nationality in case the applicant has more than one other nationality (For example: an American applicant who also carries the French nationality has to submit a copy of their American and French passport to apply for the Egyptian nationality)
Official birth certificate
4 new personal pictures of the applicant
An official record from the Ministry of Interior to state their criminal record
An official document from the country of origin that proves that there the applicant is not convicted by any criminal penalty, any freedom-restricting penalty, and/or any crime of honor; and the certificate has to be approved by the Ministry of Foreign Affairs
Original copy of the certificate that states all the movements of the applicant from the country of origin
Official certificate that states all the movements of the applicants from the country of residence (where they have lived in permanently and/or have at least spent 5 years in prior to the date of application)
The original official certificate of the medical checkup that is signed by the applicant during his time of residency
In case of investment and/or ownership of properties:the applicant has to submit a copy of the commercial registration and a copy of the taxation ID; in case the applicant owns a company, stocks in a company, a copy of any contract of property ownership in Egypt, and a copy of the driving license of any vehicles the applicant owns in Egypt
The original document that proves the fulfillment of the investment track chosen by the applicant and it is to be submitted during the time of residency
Real Estate Investment
The Egyptian constitution stipulates in Law No. 27/2017 that there are 5 different tracks with their own conditions for anyone to pursue in order to obtain Egyptian nationality in exchange for investment.
There are number of reasons why investing is the best way to obtain Egyptian nationality, some of them include:
As previously mentioned, you can deposit certai amount of money that can be refundable with no interest
The Egyptian real estate market is one of the best real estate markets in the Arab region
Egypt has a strategic plan to expand its urban block, which has already started to show in cities such as the 6th of October, Sheikh Zayed, New Cairo, theNew Administrative Capital, New Toshka, andNew Alamein
Real estate investment in Egypt is promising because of the existing developers in the market that have extensive expertise in urban expansion and strategic utilization of space
Real estate investment in Egypt also enjoys a wide array of sub-investments that vary between residential, commercial, and medical investments
The Egyptian government shows a remarkable support to real estate investors which facilitates many procedures for investors
It has low risk and high return rate
The continuing increase of Egypt’s population is a big indicator to how this investment is constantly in demand
You can check thousands of real estate projects and compounds on Aqarmap’s Compound Guide and evaluate it based on its location, prices, and finishing of units.
In July 2018, Dr. Moustafa Madbouly, Egypt’s Prime Minister, has announced the decision that grants foreigners a temporary non-tourist residency in Egypt which allows them to own properties. This decision came with the aim to facilitate administrative procedures, refresh the real estate sector, and increase the foreign currency in Egypt.
Buying A Property for Foreignersin Egypt
The Egyptian government provides many tracks through which foreigners can buy and own properties in Egypt, which in return can obtain Egyptian nationality in case:
A renewable 3-year residency and owning a property that is worth $200,000 or more
A renewable 5-year residency and owning a property that is worth $400,000 or more
Earning the Egyptian Nationality By Investing
Foreigners can earn the Egyptian nationality by investing if certain requirements are met such as:
Transferring non-refundable $250,000 to the Egyptian national treasury
Depositing $750,000 to the Egyptian national treasury, which is refundable after 5 years without interest
Opening a trust in the Central Bank of Egypt with an amount of one million dollars, which is refundable after 3 years without interest
Starting a business project with a capital of $400,000
Countries that Offer Residency for Buying A Property
This practice is not exclusively in Egypt, it is also found in other countries that offer the same practice for foreigners in order to encourage the economy and increase its reserve of foreign currencies. Among the countries that offer the same practice are:
Qatar: Qatar grants foreigners a residency in case they owned a property that is worth $200,000 and a permanent residency in case they owned a one-million-worth property with free education and healthcare services
Jordan: it allows foreigners to have a 5-year residency in case they owned one or more property that are worth at least JOD 200,000 which is equivalent of $280,000
The United Arab Emirates (UAE) – Dubai: foreigners can enjoy a renewable 3-year residency in Dubai in case they owned a property that is worth at least AED 750,000
Turkey: It offers residency in case of owning a property that is worth at least $250,000 on the condition of not selling it for 3 years
Brazil:It offers permanent residency in case of owning any property, commercial or residential, or even firms with a total amount of $160,000
Greece: You can earn a residency in case you owned a property that is worth $300,000
Cyprus: You can earn a permanent residency in case you invested in a property that is worth EUR 300,000 which is worth $339,000
Main Requirements toObtain Your Residency in Egypt
There are some requirements and conditions put by the Egyptian governments before granting residency to foreigners who want to invest in a property in Egypt, which include:
Having the contract between the buyer (foreigner) and the national seller stamped from the Authority of Tourist Development in Governorates
Submitting a statement that testifies that the unit is still under construction and stating the expected delivery date
The delivery date does not exceed 4 years from the day of contracting
A bank statement that confirms the transferring of the agreed-upon price in US dollars with its worth in Egyptian pounds
The General Administration of Passports, Emmigration, and Nationalities then proceeds to determine the duration of the residency based on the amount of money transferred
Important Notes:
There has to be a unified model of paper submitted that includes the name, number, nationality, and the address of the property’s owner
The General Administration of Passports, Emmigration, and Nationalities has to be notified by this model
Does Egypt Allow Foreigners to Buy or Sell Properties in Egypt?
Yes, by using only their passports according to Law No. 286/1996 on regulating foreign ownerships of Egyptian properties and lands
Best Places for Foreigners to Invest in Egypt
There are many new projects and cities that are viable options for foreign investments in Egypt. Some of them are:
The New Administrative Capital:
The New Administrative Capital is considered as a national mega project that extends over 170,000 acres and is expected to host more than 40,000,000 residents by 2040.
The New Capital is located beside Badr City on the Cairo-Suez road and Cairo-Ain Sokhna road and it includes many prominent compounds that offer luxurious lifestyles such as:
Scene 7 Compound: It is located in the Seventh Residential District (R7) in the central axis and plot G2. It extends over 42 acres and only 20% of this area is dedicated for residential units while the rest is exclusively for green areas and water features
The City Compound: It is an integrated project of a total area of 54 acres and is located in the Fourth Residential District (R4) and is also close to the Green River and the Al-Massa hotel
Janoub Compound: Its area reaches 48 acres and it consists of 20 residential buildings and is developed by the Orientals for Urban Developments (OUD)
New Cairo City
New Cairo is considered as one of the most vital new cities in Egypt since it offers a variety of types of properties and it is located in the east of Cairo on the Cairo-Suez road and Katameya-Ain Sokhna road. Among the compounds it is famous for are:
Palm Hills Compound: It is considered as one of the most luxurious projects in New Cairo and is only 5 minutes away from the American University in Cairo (AUC) and it extends over 500 acres
La Nuova Vista Compound: It includes 131 standalone villas, twin houses, and penthouses, and extends over 41 acres
New Alamein City
It is considered as one of the most important new mega cities emerging in the Egyptian market and it extends over 49,000 acres. It aims to host 2,000,000 residents and it is located on the western North Coast that overlooks the Mediterranean sea. Among its famous compounds are:
Downtown Compound: Its total area reaches 31 acres and it is only 400 meters away from the main road of the North Coast
Palm Hills Compound: It extends over 10,000 square meters and it is located behind City Edge’s towers right beside the towers’ artificial lakes
The Egyptian nationality is considered to be one of the strongest Arab nationality since its rising demand from people abroad, especially Arabs, nowadays. This is due to many reasons including the mega projects Egypt is developing in areas such as the New Administrative Capital, in addition to the political and economic stability Egypt is currently enjoying.
There are other Arab nationalities that many people seek to obtain such as the Emirati, Saudi, Qatari, and Egyptian nationalities. This is because of the economic prosperity each country enjoys and the investment opportunities it offers to its residents and its economy. These investment opportunities are represented in the real estate field, skyscrapers, global towers; which urges people to obtain these nationalities in order to contribute and invest in these megaprojects.
How to Obtain the Egyptian Nationality
The Egyptian constitution stipulates in Law No. 27/2017 that there are 5 different tracks with their own conditions for anyone to pursue in order to obtain Egyptian nationality in exchange for investment.
First Track: Start Your Own Project by Minimum Budget of $400,000
If you are a foreigner who wants to settle down and invest in Egypt, you have two options. One, you can start your own project with a budget that is no less than $400,000. Two, you can invest in another project and partner with 40% of the project’s capital. In both options, the project has to continue for at least 5 years and in case it stopped; you are required to pay $250,000 to the Central Bank of Egypt (CBE) and the money will go to the state’s treasury in order to keep your Egyptian nationality.
Second Track: Buy A State Property of At Least $500,000 Value
The requirements of obtaining Egyptian nationality include buying a state’s property that could be a piece of land, a building, a factory, or anything of that sort that is worth at least $500,000 that are to be transferred from abroad. Similar to the first track, if the property is to be resold, then you are still required to pay non-refundable $250,000 to the Central Bank of Egypt to keep your nationality.
Third Track: A Direct Deposit of $250,000
This is considered one of the easiest requirements of obtaining nationality for whoever does not want to partake in any real estate and/or long-term investments. Whereas, you can transfer through the bank a non-refundable $250,000 to the state’s treasury to obtain your nationality.
Fourth Track: Opening A 3-Year Trust in the Central Bank of Egypt
For whoever chooses this track, are required to pay a one million dollars as a deposit to the Central Bank of Egypt and they can receive their money back without interest after 3 years with the official exchange rate on the received date without exceeding the original number (no more than one million dollars).
Fifth Track: Opening A 5-Year Trust in the Central Bank of Egypt
Similar to the fourth track, any foreigner can open a 5-year trust in the Central Bank of Egypt with the value of $750,000, which they can receive it back after 5 years with the official exchange rate on the received date without exceeding the original number (no more than $750,000)
Official Authorities Responsible for Granting Egyptian Nationalities
In order to facilitate the process for applicants, the state dedicated the Office of Receiving Applications for Egyptian Nationality, which is an office that is a subsidiary of the Ministries’ Cabinet and is located in the administrative building of the General Authority for Investment and Free Zones in theArd El-Ma’ared(Fairgrounds) in Nasr City.
This office has been established to be the only official office that is responsible for receiving and handling applications for Egyptian nationality. It includes specialized units that represent a few Egyptian ministries such as:
The Ministry of Foreign Affairs
The Ministry of Interior
The Ministry of International Cooperation
Specialized security authorities
Documents and Papers Needed to Apply for the Egyptian Nationality
After knowing the 5 tracks you can choose from to apply for the Egyptian nationality and where to apply, it is crucial to understand the paperwork and documents needed to complete your application process. These documents are:
An original copy of your application to the Egyptian nationality
A copy of the receipt of transferring the administrative fees of applying for the nationality, which is $10,000 transferred to the Central Bank of Egypt that is then sent to the Ministries’ Cabinet and a unit that is specialized in processing the applications
A copy of the applicant’s passport of their original nationality
A declaration from the applicant of any other nationalities that they currently have
A copy of each passport of each nationality in case the applicant has more than one other nationality (For example: an American applicant who also carries the French nationality has to submit a copy of their American and French passport to apply for the Egyptian nationality)
Official birth certificate
4 new personal pictures of the applicant
An official record from the Ministry of Interior to state their criminal record
An official document from the country of origin that proves that there the applicant is not convicted by any criminal penalty, any freedom-restricting penalty, and/or any crime of honor; and the certificate has to be approved by the Ministry of Foreign Affairs
Original copy of the certificate that states all the movements of the applicant from the country of origin
Official certificate that states all the movements of the applicants from the country of residence (where they have lived in permanently and/or have at least spent 5 years in prior to the date of application)
The original official certificate of the medical checkup that is signed by the applicant during his time of residency
In case of investment and/or ownership of properties:the applicant has to submit a copy of the commercial registration and a copy of the taxation ID; in case the applicant owns a company, stocks in a company, a copy of any contract of property ownership in Egypt, and a copy of the driving license of any vehicles the applicant owns in Egypt
The original document that proves the fulfillment of the investment track chosen by the applicant and it is to be submitted during the time of residency
In Case the Applicant Is Married
A copy of the marriage certificate
A copy of their spouse’s passport of their country of origin
A copy of their spouse’s passport in case they have multiple nationalities (as explained above)
In case there are children: the applicant is required to submit their children’s birth certificates and national IDs if they are minors and copies of other passports if they have multiple nationalities
The Cost of Applying for the Egyptian Nationality
The applicant is required to pay $10,000 as an administrative fee to start their application process. However, the total cost of obtaining the Egyptian passport varies from one application to another depending on which track the applicant has chosen and its requirements.
Buying and Owning A Property in Egypt to Obtain the Nationality
As previously mentioned, you can obtain Egyptian nationality by buying and owninga property in Egyptthat is worth $500,000 according to the specified requirements of investing and/or living in Egypt; which attracts more foreigners to invest in the Egyptian economy and brings more direct foreign investments.
Second Track: Buy A State Property of At Least $500,000 Value