whereTOemigrate
Get your free results
EG country scene

Investor Residence under Investment Law No. 72

EgyptInvestment

Explore the five recorded questions, answers and sources for this pathway.

Official link

Get your free results Read the five questions ↓

What investment option or options qualify?

Subject to the residence laws, a non-Egyptian investor qualifies for residence as a founder, shareholder or partner in a company, or as the owner of an establishment.

See recorded sources

What official minimum amount, tier or threshold applies to each relevant option?

The law sets no fixed amount. Residence permits are granted under GAFI Board rules, approved by the Ministry of Interior, that weigh the company's object, capital, number of workers and project site. GAFI's service guide for the temporary investor residence asks, for partnership companies, a certificate of deposit of 25% of the company's capital, and for sole establishments a bank certificate of a USD 200,000 deposit frozen for one year at a bank registered with the Central Bank of Egypt. Separate government fee: EGP 1,500 for the temporary investor-residence recommendation.

See recorded sources
Limits of the record
  • No threshold is stated for shareholders of joint-stock or other capital companies.

How long must the investment be maintained and what continuing ownership, investment or physical-presence conditions are important?

The residence permit is revoked if the investor exits the company, if the company is struck off following liquidation, or if the establishment is struck off the Commercial Register. No minimum holding period or physical-presence rule is stated.

See recorded sources
Limits of the record
  • No minimum holding period or physical-presence rule is stated.

Which family members can be included where officially stated, and what broad residence/work rights result?

The checked official sources did not provide enough route-specific evidence to confirm which family members can be included and their rights.

See recorded sources
Limits of the record
  • Searched Investment Law No. 72 (b9cb4328c02478d2.txt) for spouse, family or dependants in the residence articles (Articles 4-6): none. GAFI's dependant rules belong to the Dependent Residence route.

What status is obtained, how is it renewed, what longer-term residence/citizenship direction is officially stated, and what happens to the investment when relevant?

On incorporation the residence permit is for one year, renewable for a similar period if the investor shows seriousness in starting the project, and then renewable for further periods of up to five years each, never beyond the term of the project. The application is made on the form designated by GAFI, and the one-year residence recommendation is collected at the Investment Passports Office. The official source does not state a permanent-residence or citizenship direction or what happens to the investment.

See recorded sources
Limits of the record
  • No permanent residence or citizenship direction is stated.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

Explore more pathways in Egypt · All pathways

Your story.
Your next step.

Get your free results