Get in touch with Hany and get more information on the program: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/citizenship-by-investment-in-egypt/
Of course, when it comes to a real estate investment in a foreign country, it's impossible to know what the final cost will ultimately be, since one can sell the property after a preset period of time. Then again, there's also an "opportunity cost".
$300k is still way too much. The travel possibilities are very slim on an Egyptian passport, not to mention that it’s not exactly the most low key passport… Turkey is a much better option, though more expensive. For people from Yemen or whatever, this is probably who would benefit from it…
O questions? I’d think the opposite but I don’t know. But yes it’s a good geographical play. Unfortunately I don’t have that kind of money to blow on Egypt. For a better passport I would, but maybe not Egypt. Wish I got in with Turkey at $250k
yea..Egypt bureaucratic nightmare and poor quality real estate, lack of foreign expats,. This citizenship should be priced at $50,000. The fact of their huge overpriced offer alone shows the nightmare of egypt.
Egypt? seriously? what's next, Breaking news CBI in Zimbabwe? I'm not sure you mentioned what are the advantages of having Egyptian citizenship compared to Carribbean countries. Even if you buy real estate super cheap, you'll still be in a third world country environment ( corruption, safety etc... ).
I don’t know. Will find out once there. Objectively the play in Egypt is new builds. There have amazing Dubai-style compounds at a quarter of the cost and this is where everyone wants to live. Direct to developer is the way to play this market I reckon based on my previous trips there.
The most unworthy ever and the most poor passport that not even authorised to travel any where . Poor government that does nothing for citizens USD 50 egyptian pound 👍🏻
Yes. It’s possible to do it all remotely. You’ll just need to go to Cairo at end once you have been granted citizenship to pick up your naturalization certificate, passport and ID
@@mahongye the passport step yes. But you MUST go to egypt for the naturalization certificate and first time biometrics. 5 days max. Enough time to go check out the pyramids and museums!
@@adsfwef1331 None. Unless you have significant funds to diversify and are looking for a way to escape the dying Western economic system and participate in the BRICS economic system, while at the same time keeping the EU poke-noses out of your business. As I said, no point whatsoever.
Get in touch with Hany and get more information on the program: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/citizenship-by-investment-in-egypt/
Always great breaking news thank you
From what I experienced about Egyptian bureaucratism, I doubt things would be simple.
100%. Bureaucratic hell. Having good legal representation is key.
cant wait fir the November report!
$300,000 is probably still too much, but Alexandria is a place to be for sure!
Of course, when it comes to a real estate investment in a foreign country, it's impossible to know what the final cost will ultimately be, since one can sell the property after a preset period of time. Then again, there's also an "opportunity cost".
Just to let you know commercial real estate in Egyptian better deal because of the ratio of purchase and ratio of rent
$300k is still way too much. The travel possibilities are very slim on an Egyptian passport, not to mention that it’s not exactly the most low key passport… Turkey is a much better option, though more expensive. For people from Yemen or whatever, this is probably who would benefit from it…
Bad travel document for sure. But interesting geopolitical diversification and access to 0 questions banking.
O questions? I’d think the opposite but I don’t know. But yes it’s a good geographical play. Unfortunately I don’t have that kind of money to blow on Egypt. For a better passport I would, but maybe not Egypt. Wish I got in with Turkey at $250k
@@RC94332 Yes. Turkey at $250k was a steal.
yea..Egypt bureaucratic nightmare and poor quality real estate, lack of foreign expats,. This citizenship should be priced at $50,000. The fact of their huge overpriced offer alone shows the nightmare of egypt.
Don't be upset , in few years it will be a dream for you to get even visa , good luck
Great news, so good to have an others Nationality
Well there is quite a lot, decades worth, of Egyptian real estate to repair, so that's worth investing in at least.
It's only 100k less than Turkey and located on the edge of the border of WWIII in a less developed economy.
But I can save 100k! Lol.
Turkey at $400k is definitely a better deal, but it looks like it is going up to $600k soon. Probably as early as Q1 2024.
Doesn't Egypt have mandatory military service?
Not for people participating in this program
Can applicants change their first AND last names during/after the citizenship? Are there restrictions on the kind of names you can adopt?
No, not like in Turkey during the process. After is possible, but complicated and needs a good reason
Egypt? seriously? what's next, Breaking news CBI in Zimbabwe? I'm not sure you mentioned what are the advantages of having Egyptian citizenship compared to Carribbean countries. Even if you buy real estate super cheap, you'll still be in a third world country environment ( corruption, safety etc... ).
I might actually pay $50K for a passport from Zimbabwe.... if it were available at that price.
Egypt is not corrupt - Egypt is extremely safe. Anymore western propaganda?
The incompetent bureaucracy and corruption is bad yes, I hope they can fix this but that might be wishful thinking
Interesting. Is there a go-to website for Egyptian real estate, comparable to sahibinden or hepsiemlak in Turkey?
I don’t know. Will find out once there. Objectively the play in Egypt is new builds. There have amazing Dubai-style compounds at a quarter of the cost and this is where everyone wants to live. Direct to developer is the way to play this market I reckon based on my previous trips there.
@@TheWanderingInvestor Thanks, Ladislas! You are introducing us to so many interesting ideas.
Great Ladislas, spouse means married? What about non-married? I guess not??
Must be married
Can you buy there as a foreigner for a smaller amount and not ask for citizenship ?
100%
The most unworthy ever and the most poor passport that not even authorised to travel any where .
Poor government that does nothing for citizens
USD 50 egyptian pound 👍🏻
Is it possible to do it all online?
Yes. It’s possible to do it all remotely. You’ll just need to go to Cairo at end once you have been granted citizenship to pick up your naturalization certificate, passport and ID
@@TheWanderingInvestor can this also be done at Egypt embassy somewhere?
@@mahongye the passport step yes. But you MUST go to egypt for the naturalization certificate and first time biometrics. 5 days max. Enough time to go check out the pyramids and museums!
In 5 days, lol! I doubt it. If you have other citizenship, they see your face, not your passport.
Egyptian citizenship? 🤣
Dude, youre missing the point. You can open bank accounts with a passport. Reflect on that for a second.
@@disndat1000who needs bank accounts when you have Bitcoin lol 😂
Reflect on that.
@@muaawiyahtucker I have. And I have come to the conclusion that with 99% probability you are broke and indeed don't need a bank account.
@@disndat1000 Please explain. Opening a bank account in Egypt? What's the benefit in that?
@@adsfwef1331 None. Unless you have significant funds to diversify and are looking for a way to escape the dying Western economic system and participate in the BRICS economic system, while at the same time keeping the EU poke-noses out of your business. As I said, no point whatsoever.