Quote:
Originally Posted by nymaatra
To Obtain a resident visa in Egypt, you must first own a property, and the property must be registered in your name at the notary, and this visa can be for one year.
Another way is to deposit 50.000 dollars into a bank account and obtain a letter of guarantee from the bank. This 50.000 must sit in the bank for one year before you can get them out again, and still, you must renew your visa each year.
IF you want to not bother with a visa at all, sit in Egypt for 15 years, without leaving the country even one time, and you can get an Egyptian passport.
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Could you tell us something more about this method of obtaining residency?
Such people are treated as investors, right?
What is the source of this information?
To tell you the truth, it is the first time when I hear about it.
Thank you in advance for any helpful information.