Photo credit: Egyptian prime minister’s Facebook page Egypt’s prime minister Mostafa Madbouly announced Wednesday 8 March that Egyptian citizenship will be offered to foreign investors who spend at least USD 250,000 (EGP 7,725,525 based on the day’s exchange rate) in Egypt. According to the prime minister’s decree, Egyptian nationality will be offered to foreigners based on one of four conditions: purchasing state-owned property worth USD 300,000 (EGP 9,270,630), depositing USD 500,000 (EGP 15,451,050) in an Egyptian bank account to be reimbursed in local currency after three years, founding or co-founding an investment project valued at USD 350,000 (EGP 10,815,735), and making a non-refun
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