Egypt•Africa

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Bank Deposit Residency (3-Year)

Investment Dependents Allowed Remote Work

At a Glance

Processing Time

14-60 days

Application Fee

100,000 USD

Stay Duration

3 years

Renewable

Yes

Job Offer

Not Required

Dependents

Allowed

PR Pathway

Remote Work

Allowed

Overview

Residency permit obtained by depositing a minimum of $100,000 USD into an Egyptian state-owned bank.

This residency permit is obtained by placing a $100,000 USD deposit in a state-owned Egyptian bank. It is generally faster to process than the property investment route as it avoids property registration complexities. The status is renewable provided the funds remain in the bank.

Stay & Extensions

Initial grant	3 years
Extension increments	3 years

Requirements

ELIGIBILITY REQUIREMENTS

Minimum $100,000 USD deposit

Deposit must be made in a state-owned Egyptian bank

Funds must be 'fresh money' transferred from abroad

REQUIRED DOCUMENTS

Bank deposit certificate from a state-owned Egyptian bank

Proof of 'fresh money' transfer from abroad

Valid passport

Security clearance documentation

Advantages & Considerations

Key Benefits

Faster processing than real estate route
Includes immediate family members
Renewable as long as deposit is maintained

Worth Knowing

Does not lead to permanent residency or citizenship
Does not grant automatic work authorization
Funds must remain deposited to maintain status
Failure to pass security clearance
Deposit not held in a state-owned bank

Application Process

Transfer funds to a state-owned Egyptian bank

Obtain deposit certificate

Submit application to GAFI or Ministry of Interior

Undergo security clearance

Receive residency permit

Verified Claims (4)

Last verified Jun 20, 2026

Fees	Bank deposit of USD 100,000 (refundable, held in a state-owned Egyptian bank for the residency perio…	thewanderinginvestor.com
Petitioner	self	gafi.gov.eg
Processing Estimates	{"minDays":14,"maxDays":60}	consortiolawfirm.com
Processing Time	Typically 2-8 weeks after security clearance; may be longer in practice.	consortiolawfirm.com

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