Their meticulous attention to detail, unwavering dedication, and commitment to ensuring their clients' needs are met are truly admirable. I strongly recommend Vardanyan & Partners for their exceptional legal services.
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Guide to Egypt's Citizenship by Investment Program
Egypt's Citizenship by Investment Program, unique in the Arabic world along with Jordan, offers a strategic pathway to citizenship since its inception in 2021.
Investment Options
The program provides four investment routes, each designed to cater to different investor needs:
- Donation: Commit a $250,000 non-refundable contribution to Egypt’s public treasury for direct citizenship.
- Real Estate Investment: Invest a minimum of $300,000 in real estate projects, including land plots, residential, and commercial properties. The investment must be maintained for five years.
- Business Investment: Inject $350,000 into a new or existing Egyptian business plus a $100,000 donation to the state's treasury. Investors must hold at least a 40% stake and maintain the investment for five years.
- Bank Deposit: Deposit $500,000 in the Central Bank of Egypt, refundable after three years without interest, reimbursed in Egyptian pounds at the most favorable exchange rate.
Investments can be spread over one year and must be transferred from abroad.
Advantages for Investors and Families
- Global Mobility: Enjoy visa-free or visa-on-arrival access to 72 countries, including Hong Kong, Macau, and more. Egypt is the only country with citizenship by investment that offers visa-on-arrival access to Nigeria.
- US E-2 Visa Eligibility: Egyptian nationals can apply for the US E-2 (treaty investor) visa.
- Family Inclusion: Include spouses, children under 21, and multiple wives in case of polygamy. Spouses are eligible for citizenship after two years.
- Dual Citizenship: Retain your original nationality with no obligation to renounce it. Note that dual nationals are exempt from military service and cannot be elected to Parliament or register in military and police academies.
- No Residency or Language Requirements: A single visit to Egypt for an interview simplifies the application process.
- Economic Opportunities: Gain rights to own businesses, access education, healthcare benefits, and freely purchase real estate, including in the Sinai peninsula.
- Hereditary Citizenship: Pass citizenship onto future generations.
Detailed Application Process
The application process is straightforward and inclusive, generally taking 6 to 9 months, with initial decisions often made within 3 months:
- Application Submission: Complete and submit the application form with all required documents to the Naturalization Application Screening Unit, available in-person or online.
- Initial Payment and File Number: Transfer $10,000 to the Egyptian Central Bank account of the Egyptian Nationality Unit to secure a unique file number.
- Preliminary Review: Undergo a thorough review, including security checks, to receive preliminary approval within 3 months.
- Temporary Residence: After preliminary approval, obtain a 6-month temporary residence to finalize documentation and investment evidence.
- Final Assessment: Meet all criteria and submit documents for the final recommendation to the Egyptian Prime Minister for citizenship approval within 3 months.
Required Documentation
Ensure the inclusion of the following documents with your application:
- Original Application Form with additional information for citizenship.
- Payment Verification for the $10,000 filing fee to the CBE.
- Passport Copies to verify nationalities.
- Birth Certificate, original or certified copy.
- Three recent passport-sized Identity Photos.
- Nationality Acknowledgment for any additional nationalities held.
- Spouse’s Passport Copies and Marriage Certificate.
- Children’s Documents for any minor children.
- Criminal Record from Egyptian authorities.
- Movement Certificate for the past five years.
- No Criminal Conviction Certificate, attested by the Egyptian Ministry of Foreign Affairs.
- Investor’s Asset Documentation if owning shares in a company.
- Medical Examination Report and Investment Proof to be submitted during residency.
Special Considerations and Additional Fees
- Military Service: Exemption for sons of the main applicant.
- Revocation of Citizenship: Possible for those found engaging in illegal activities.
- Investment Payment and Refunds: Payable in installments within a year. Total payment refunded, excluding a $10,000 government fee, in case of refusal.
- Administrative Fee: A non-refundable $10,000 fee applicable to all options.
- Document Translation and Notarization: Costs may exceed $1,000.
- Legal Fees: Range between $5,000 and $10,000 based on application complexity.
- Eligibility: Applicants must be at least 21 years old, have a clean criminal record, undergo a medical examination, and provide proof of source of funds.
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What Clients Say
As an American living in Armenia, I definitely need legal representation to help guide me through the many rules and regulations here, and I am happy that Vardanyan & Partners has been able to do just that.
Overall, I felt it could not have been any better. Everything was taken care of so smoothly, effortlessly, and managed very well.
It is always daunting when dealing with immigration, visas in a foreign country. The team at Vardanyan & Partners made the process for registering the business and applying for residency so much easier. I had no worries at all. The team overall really went out of their way to accommodate and assist us.
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The company is the great team of professional specialists. They have formally defined mature processes, that helps to serve client's requests clearly, on time, without red tape and bureaucracy.
The team members were all professional, knowledgeable and most importantly, honest. They are hard-working and patient and were always responsive to my messages and questions. What I like most is, they are very well organized and have a modern system of work.
The team of Vardanyan & Partners led us through the whole process seamlessly by navigating the bureaucracy end to end. Extremely professional yet personal and friendly service.
Why Choose Us
Decade of Excellence
Over 10 years of specialized experience in immigration and business setup.
Tailored Solutions
Our team of locally licensed, English-speaking attorneys specializes in immigration, incorporation, and compliance matters, providing bespoke legal strategies for each client.
Fast & Fluent Communication
We prioritize your concerns with a 24-hour response policy and communicate effectively in both English and Russian.
Client-Centered Approach
At Vardanyan & Partners, client care is paramount. Our emphasis on honesty and transparency ensures that you are always informed and confident in your legal journey.
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Established in 2012, Vardanyan & Partners has built a reputation for excellence and reliability. With our team, you are not just hiring attorneys; you are partnering with insured legal experts committed to your success.
What Makes Armenia a Good Choice for Residency
No Stay or Visit
Maintaining residency in Armenia does not require physical presence; remote application is possible.
Fast and Easy
The residency application usually takes about 80 days and only a valid passport is required.
Family Covered
Residents can sponsor extended family for residency (parents, siblings, grandchildren, etc.)
Citizenship Path
After living in Armenia for three years, citizenship can be obtained. Dual citizenship is allowed.
Our firm's reputation rests on more than just legal expertise. We pride ourselves on the values of honesty, transparency, and an unwavering commitment to client care. We recognize the unique opportunities and challenges Armenia presents, and we are here to guide you through them.
For inquiries or to schedule a consultation, you may contact us at [email protected] or +374.99.00.11.67. I look forward to collaborating with you on your journey in Armenia.
Where to find us
Nestled in the heart of the Davtashen district in Yerevan, our office is a stone's throw away from the Migration Service building, ensuring seamless coordination on immigration matters. If you refer to the map above, you will pinpoint our exact location. For those journeying from the city center, anticipate a brief 20-30 minute taxi ride to reach us. We look forward to welcoming you and addressing your legal needs.