Technically, one cannot “buy” a passport in Egypt (or anywhere else, for that matter). You can, however, acquire an Egyptian citizenship by making a significant investment in Egypt. This, in turn, makes you eligible to apply for an Egyptian passport.
Going into 2024, the Egyptian Citizenship By Investment program offers the following investment options to qualify for citizenship (and a passport):
GOVERNMENT DONATION: A non-refundable government donation of $250,000;
REAL ESTATE: Acquiring ANY property in Egypt (including in Cairo and on the Red Sea) for $300,000, and hold it for at least five years;
COMPANY INVESTMENT: Investing at least $350,000 in an Egyptian company (new OR established), and making a $100,000 government donation;
BANK DEPOSIT: Deposit $500,000 into an Egyptian bank account for a minimum period of three years.
An additional $10,000 government processing fee applies to all of these options, and you’re looking at an additional $10,000 – $15,000 in professional service fees, depending on the make-up of your family.
Contact us for more information on the cost of Egyptian Citizenship By Investment in 2024.