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Title_of_text

Prime Minister’s Decision No. 876 of 2023 Amending some provisions of the Prime Minister's Decision No. 3099 of 2019 on Regulating cases of granting Egyptian citizenship to foreigners.

Main Region

First Region

Egypt
General provisions
2023-03-02
National
Regulation, Decree, Ordinance

Second Region

قرار رئيس مجلس الوزراء رقم 876 لسنة 2023 بتعديل بعض أحكام قرار رئيس مجلس الوزراء رقم 3099 لسنة 2019 بتنظيم حالات منح الجنسية المصرية للأجانب
This Decision sets the minimum price threshold for the acquisition of Egyptian citizenship through the purchase of real estate at US$300,000. It also provides foreign nationals with two other options to enable them to apply for Egyptian citizenship؛ the first option is to establish or participate in an investment project with a minimum investment of $350,000, along with a deposit of an additional $100,000 “as direct revenue in foreign currency that is transferred to the public treasury of the state and is not returned.” The second option is depositing $250,000 in the Egyptian Central Bank. This amount is likewise a nonrefundable deposit.

Entry dates region

    Date of entry into force
    2023-03-03
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