How to Obtain Egyptian Residency by Buying Property in Hurghada

Egypt offers a unique opportunity for foreigners—including British nationals—to secure long-term residency through property investment. This pathway is especially attractive for those looking to live in beautiful coastal cities like Hurghada, retire under the sun, or simply enjoy extended stays without the hassle of renewing tourist visas frequently.

Below, we explain how it works, including visa types, investment requirements, application steps, and what benefits and limitations come with Egyptian residency through property ownership.

Types of Residency Visas

Egypt doesn’t grant “permanent residency” outright through property purchase. Instead, foreigners can obtain renewable residency visas, valid for:

• 1 year (renewable annually)
• 3 years (renewable)
• 5 years (renewable)

Owning a qualifying property allows you to keep renewing these visas indefinitely, effectively enabling long-term residence in Egypt.

Investment Requirements

The minimum investment thresholds for property-based residency are:

• At least US$50,000 (~€45,000): qualifies for a 1-year residency permit.
• At least US$100,000 (~€90,000): qualifies for a 3-year permit.
• At least US$200,000 (~€180,000): qualifies for a 5-year permit.

Good news for buyers: A €50,000 property purchase (approximately US$53,000) qualifies for the 1-year residency permit, renewable each year as long as you keep the property. Higher investments offer longer visa durations from the outset.

What Counts Toward Your Investment

• The property (or properties) must be in your name and fully paid for.
• Payments must be transferred from abroad in foreign currency through an Egyptian bank.
• Off-plan (under construction) properties can also qualify, provided a substantial portion (at least US$100,000 or 40%) is paid upfront, with delivery expected within four years.

Required Documents

To apply for residency, you’ll need:

• A title deed or preliminary purchase contract showing property ownership and value.
• Proof of transferring funds from abroad.
• A valid passport with at least six months’ validity.
• Passport-sized photos.
• A completed residency application form.
• Police clearance from your home country.
• A medical certificate proving good health.
• Proof of health insurance.
• Payment receipt for government fees.

Documents in foreign languages must be translated into Arabic by certified translators. Marriage and birth certificates are needed if applying for family members, and these must be legalized and translated.

Application Process

Here’s how to apply for residency through property ownership:

1. Enter Egypt on a valid tourist visa.
2. Purchase the property and complete necessary paperwork.
3. Prepare your documents as outlined above.
4. Submit your application to the local Passports and Immigration office (in Cairo or Hurghada, depending on your residence).
5. Await security and background checks.
6. Once approved, receive a residency visa stamp or a plastic residency card.

Processing times typically range from 4 to 8 weeks, though it can sometimes take longer.

Can Family Members Be Included?

Yes. Spouses and dependent children can be added to your application without needing to make a separate property investment. Each family member will receive their own residency permit for the same duration as yours.

Benefits of Residency Through Property Investment

• Long-term living in Egypt without frequent visa renewals.
• Multiple entry and exit privileges without new visas each time.
• Ability to open bank accounts, sign contracts, and access services as a resident.
• Children can enroll in local or international schools.
• Potential to generate rental income from your property (subject to local taxes).

Important Considerations

• Residency is not a work permit. Foreigners need separate authorization to work in Egypt.
• Foreigners can typically own up to two properties for personal use, each not exceeding 4,000 m².
• There’s a five-year restriction on selling property after purchase.
• Property ownership comes with obligations like property tax, and rental income is taxable.
• Residency permits must be renewed on time to maintain legal status.

Final Thoughts

Egypt’s residency-by-investment program is a practical and relatively affordable way for foreigners to enjoy life on the Red Sea coast and beyond. For British nationals considering life in Hurghada, a €50,000 property purchase is enough to start the journey toward legal residency.

If you’re considering this route, it’s wise to engage a reputable local lawyer or real estate advisor to ensure smooth property transactions and compliance with residency procedures.