{"id":647152,"date":"2017-05-03T03:57:30","date_gmt":"2017-05-03T03:57:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/why-would-anybody-want-to-buy-egyptian-citizenship\/"},"modified":"2017-05-03T03:57:30","modified_gmt":"2017-05-03T03:57:30","slug":"why-would-anybody-want-to-buy-egyptian-citizenship","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/why-would-anybody-want-to-buy-egyptian-citizenship\/","title":{"rendered":"Why would anybody want to buy Egyptian citizenship?"},"content":{"rendered":"

Why would anybody want to buy Egyptian citizenship?<\/strong> A bill that proposes granting foreigners Egyptian citizenship in return for a \u201csubstantial\u201d USD bank deposit is inherently flawed. No foreigner in their right mind would opt for buying citizenship in a third-world country rather than using the same funds to invest in something profitable, Osama Gharib says in a column for Al Masry Al Youm<\/a>. Gharib points out that Western citizens enjoy better opportunities both inside and outside Egypt with their original citizenships, while citizens of other countries are less likely to even have the money necessary to acquire one of our green passports.<\/p>\n","protected":false},"excerpt":{"rendered":"

Why would anybody want to buy Egyptian citizenship? A bill that proposes granting foreigners Egyptian citizenship in return for a \u201csubstantial\u201d USD bank deposit is inherently flawed. No foreigner in their right mind would opt for buying citizenship in a third-world country rather than using the same funds to invest in something profitable, Osama Gharib […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9411],"tags":[72,9410],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647152","post","type-post","status-publish","format-standard","hentry","category-on-deadline","tag-enterpriseam","tag-on-deadline","wpautop","entry"],"acf":{"mongo_id":"3a5c5ddb-2ccd-4653-af9f-7e48b4b41be0","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647127],"teaser":"","voice_url":""},"yoast_head":"\nWhy would anybody want to buy Egyptian citizenship? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/why-would-anybody-want-to-buy-egyptian-citizenship\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why would anybody want to buy Egyptian citizenship?\" \/>\n<meta property=\"og:description\" content=\"Why would anybody want to buy Egyptian citizenship? A bill that proposes granting foreigners Egyptian citizenship in return for a \u201csubstantial\u201d USD bank deposit is inherently flawed. 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The recently-passed law allowing foreign residents to obtain the Egyptian citizenship in exchange for a EGP 7 mn bank deposit does not seem to be very well thought out, Ashraf El Barbary writes for Al Shorouk. El Barbary wonders whether any feasibility\u2026","rel":"","context":"In "On Deadline"","block_context":{"text":"On Deadline","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-deadline\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":586013,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/03\/new-rules-making-it-easier-for-foreigners-to-acquire-citizenship-approved-by-mps\/","url_meta":{"origin":647152,"position":1},"title":"New rules making it easier for foreigners to acquire citizenship approved by MPs","author":"enterpriseam admin","date":"3 May 2023","format":false,"excerpt":"Foreigners can now obtain citizenship by investing USD 300k in Egypt.","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/155.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":646323,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/12\/supreme-administrative-court-says-children-born-to-women-who-later-become-egyptian-citizens-can-themselves-claim-citizenship\/","url_meta":{"origin":647152,"position":2},"title":"Supreme Administrative Court says children born to women who later become Egyptian citizens can themselves claim citizenship","author":"enterpriseam admin","date":"12 June 2017","format":false,"excerpt":"Children born to women who later become Egyptian citizens can themselves claim citizenship \u2013court. The Supreme Administrative Court ruled yesterday that two children have a legitimate claim to Egyptian citizenship even though their Jordanian-born mother didn\u2019t become an Egyptian national until after the two were born. It\u2019s the first such\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":582852,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/in-a-bid-to-attract-fdi-the-govt-is-making-it-easier-to-acquire-citizenship\/","url_meta":{"origin":647152,"position":3},"title":"In a bid to attract FDI, the gov\u2019t is making it easier to acquire citizenship","author":"enterpriseam admin","date":"9 March 2023","format":false,"excerpt":"This is a latest effort to address Egypt\u2019s chronic FX shortage.","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Egyptian-passport-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625566,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/08\/giving-foreign-residents-egyptian-citizenship-is-an-economic-not-cultural-issue\/","url_meta":{"origin":647152,"position":4},"title":"Giving foreign residents Egyptian citizenship is an economic, not cultural, issue","author":"enterpriseam admin","date":"8 August 2018","format":false,"excerpt":"Giving foreign residents Egyptian citizenship in exchange for money is an economic policy and should be discussed as such, Abdel Moneim Salama writes for Al Masry Al Youm. Many Egyptian nationals decried the recently-passed law allowing foreign residents to obtain citizenship in exchange for a EGP 7 mn bank deposit\u2026","rel":"","context":"In "On Deadline"","block_context":{"text":"On Deadline","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-deadline\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591618,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/11\/foreigners-can-now-buy-citizenship-for-usd-250k\/","url_meta":{"origin":647152,"position":5},"title":"Foreigners can now buy citizenship for USD 250k","author":"enterpriseam admin","date":"11 December 2019","format":false,"excerpt":"CABINET WATCH- Foreigners can now acquire Egyptian citizenship for as little as USD 250k: The Madbouly Cabinet approved in its weekly meeting yesterday legislative amendments that will allow foreigners who hold assets in Egypt to buy citizenship, according to a statement. 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