They are various ways to obtain a Resident, working or Investors Visa in Egypt.
– For what concern the Permanent Resident Visa, this could be obtained through a quite straight forward procedure if you own a property in Egypt worth a minimum value of 50 000 USD. However before starting the procedure of the residency, the applicant would necessary need to have already registered his property in Egypt through the Official Green Contract Procedure.
In the event the Green Contract was not yet approved, it would have first to be finalized, before starting the application for the residency.
The procedure for the Working Permit will be different whether the applicant intends to work for an existing Egyptian company, or intends to work for himself by registering his own local company.
In the first case, the procedure must be completed on behalf of the applicant by the company offering him a job. However for each non Egyptian, hired, the company should recruit 10 Egyptians. Obviously there are several ways around to minimize this expense.
In the second case, ie when the applicant will create a local company or will take some shares in an existing local company, the working permit will be linked to its activity and can be therefore as one kind of investors visa.
The main requirement would be to deposit in a bank in Egypt the amount of 100 000LE, the time for the bank to issue certificate confirming that the funds were deposited in the account (this amount could be recovered once the working permit has been granted). Once this certificate would be granted, and once the Investigation made by the Secret Police has been cleared, the procedure would be officially started.
Should you have any other enquiries, or should you require any further information or quotation for any of these procedure, please feel free to get contact us. Please also note that our First consultation is always free of any charges.