Egypt is rapidly becoming one of the most appealing investment destinations in the region. The Egyptian government aims to attract foreign direct investments totaling $30 billion during the fiscal year 2024-2025, beginning on July 1st. To achieve this goal, the government is creating a favorable investment climate by simplifying the process for obtaining investor residency. Clear and accessible regulations have been established to support foreign investors, demonstrating the government’s commitment to enhancing the national economy and providing lucrative investment opportunities. These initiatives reflect Egypt’s ambitious vision for sustainable development and strengthening international partnerships, making it an ideal location for investors seeking new and profitable ventures.
Conditions and Requirements for Investor Residency:
1. Criteria for Granting Investor Residency:
- Purpose of the Company: A weight of 10% to 20% is assigned based on the company’s objectives.
- Company Capital: A weight of 10% to 30% is assigned according to the company’s capital.
- Number of Employees: A weight of 0% to 30% is assigned based on employee count.
- Business Activity Location: Determined according to the investment map for targeted development projects.
2. Eligible Entities for Investor Residency:
3. Number of Residency Permits Issued:
- The number of residency permits granted depends on the company’s capital and employee count, ranging from 2 to 8 permits based on specific criteria.
4. Duration of Residency:
- Initial residency is granted for one year.
- Renewal is contingent upon the company’s compliance and operational seriousness.
- After demonstrating commitment, residency can be extended or renewed for up to five years, or aligned with the term of the board of directors, business license, or company duration.