Egypt’s Newly Reformed Residency by Investment Programme
In the dynamic and interconnected world of global finance, Egypt emerges as a beacon of innovation and growth, unveiling its revised Residency by Investment (RBI) program. This promising initiative, aimed at attracting foreign investors, significantly reshapes the investment opportunities landscape and solidifies Egypt’s position as a lucrative destination for international capital.
The RBI program offers a distinct pathway—Real Estate Investment—for investors seeking temporary residency. This strategic advancement aligns with Egypt’s broader economic vision and reflects the country’s dedication to fostering a business-friendly environment.
In the following sections, we delve into the specifics of this pathway, offering insights and analysis to help investors navigate this promising terrain.
This overview, backed by our firm’s extensive legal expertise and deep understanding of the Egyptian regulatory landscape, aims to serve as a comprehensive guide to the newly revised RBI program in Egypt.
Real Estate Investment:
Investors have three options in this pathway, each offering a unique duration of residency:
- Five-Year Renewable Residency:A minimum investment of $200,000 in one or more properties in Egypt grants eligibility for a five-year renewable residency.
Andersen Egypt’s Role:
Our firm offers the required expertise to handle each aspect of the real estate investment pathway proficiently. Our services include adept navigation of the associated legal procedures, precise guidance through the RBI program application process, and efficient management of the residency renewal process.
Our in-depth understanding of the Egyptian legal system, coupled with extensive experience, sets us apart from other firms.
It is important to note that the conditions for this option are anchored in a set of Egyptian laws, namely Law No. 9 of 1960, Law No. 230 of 1996, Law No. 14 of 2012, Law No. 72 of 2017, and Law No. 194 of 2020. These regulations govern the entry and residency of foreigners in Egypt, non-Egyptian property ownership, development in the Sinai Peninsula, the Investment Law, and the Central Bank and Banking System Law, respectively. Our comprehensive services ensure guidance in complete compliance with these regulations.
Our team is committed to providing seamless, comprehensive services, ensuring that our clients continue to benefit from the opportunities presented by the current Egyptian Residency by Investment (RBI) program.
Additionally, to gain a broader understanding of the various investment opportunities in Egypt, we also invite you to explore our analysis of the country’s Citizenship by Investment (CBI) program. We encourage you to familiarise yourself with this additional lucrative option that carries its own set of unique advantages and requirements. various investment opportunities in Egypt, we also invite you to explore our analysis of the country’s Citizenship by Investment (CBI) program. We encourage you to familiarise yourself with this additional lucrative option that carries its own set of unique advantages and requirements.
To find out more, please fill out the form or email us at: info@eg.andersen.com
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