Although Egypt is one of the oldest civilizations, it is also a modern country that attracts people from all over the world who want to settle here permanently, spend a summer vacation, invest in local real estate, or open a business. Egypt residency by investment has become a popular choice for foreigners, particularly in the thriving real estate market of Cairo. It allows them to live comfortably, enjoy relaxation, and potentially earn income through property rentals and capital gains. Before investing in local real estate, obtaining an Egyptian residence permit through investment is a necessary step.
Note: It’s essential to ensure that the investment funds are from abroad to meet the residency requirements.
Step 1: Contract with Prime Properties to consult and discuss your investment goals and select a suitable property.
Step 2: Complete the investment and legal procedures with Prime Properties’ assistance.
Step 3: Prime Properties handles and submit the application for review and supports you throughout.
Step 4: You receive your residency status, such as a residence permit, with guidance from Prime Properties.
Who is entitled to obtain residency from family members?
The main applicant and his family members, after studying the file by the Passports and Immigration Department and taking a decision in this regard.
Is it required to register the property of residence at the Land Registry?
Yes, it is necessary to register the property.
Is the process of purchasing the property before applying for residency or after? What are the proofs of transfer required from the bank?
Purchasing the property before applying for residency. The residency applicant submits a bank letter proving the process of transferring the price of the property subject to the transaction to the bank.