Egypt Grants Nationality in Return for Buying $300K Property
The decree also allows for paying the amount in instalments over a year during which the applicant shall be granted tourism residency until the payment of the full price of the property.
The decree also allows for paying the amount in instalments over a year during which the applicant shall be granted tourism residency until the payment of the full price of the property.
Prime Minister Mostafa Madbouly has signed off on granting the Egyptian citizenship to foreigners who either buy assets or invest at least USD 250,000 (EGP 4.03 mn) in the country.
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