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Investor Residence under Investment Law No. 72

EgyptInvestment

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

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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
  • Recorded source · www.investinegypt.gov.eg
    Subject to the laws regulating residence in the Arab Republic of Egypt, non- Egyptian Investors shall, in course of being granted residence, satisfy the following conditions: 1. A non-Egyptian Investor shall be a founder, shareholder or partner in a company, or shall be an establishment owner; and

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.
  • Recorded source · www.investinegypt.gov.eg
    A residence permit shall be granted in accordance with the rules and controls to be stipulated under a GAFI BoD resolution, subject to the approval of the Ministry of Interior, in light of the categories and relative weights of companies object, capital, number of labor and project site.
  • Recorded source · gafiadmin.gafi.gov.eg
    فى شركات الأشخاص تقدم شهادة إيداع 25% من رأس مال الشركة ، و فى حالة المنشآت الفردية تقدم شهادة بنكية تفيد وضع وديعة مجمدة لمدة عام مبلغ وقدره 200000 مائتان ألف دولار أمريكى بأحد البنوك المسجلة لدى البنك المركزى المصرى.
  • Recorded source · gafiadmin.gafi.gov.eg
    توصية إقامة مؤقتة لمستثمري الشركات الخاضعة لأحكام قانون الاستثمار | 1500 جم

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.
  • Recorded source · www.investinegypt.gov.eg
    A residence permit shall be revoked, in the event of Investor's exit “takharouj” from the company, the crossing out of company name by virtue of liquidation or the crossing out of establishment name from the Commercial Register.

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
  • This detail is not established in the evidence recorded here. Confirm the applicable requirement with the responsible authority.

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.
  • Recorded source · www.investinegypt.gov.eg
    An application for residence shall be submitted using the application form designated by GAFI for this purpose.
  • Recorded source · www.investinegypt.gov.eg
    A residence permit period shall, upon incorporation, be one (1) year that may be renewed for a similar period in the event that an Investor demonstrates 22 Investment Law as Enacted by Law No. 72 of 2017 seriousness in starting up the implementation of the project. Such period may be renewed for other periods each not exceeding five (5) years. In all cases, the residence permit period may not exceed the term of the project.
  • Recorded source · gafiadmin.gafi.gov.eg
    الحضور إلى مكتب جوازات الاستثمار بالصالة المخصصة لذلك بعد مضى زمن أداء الخدمة لتسلم التوصية بمنح إقامة سنة للمستثمر.

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

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