{"id":23622,"date":"2019-07-09T19:24:17","date_gmt":"2019-07-09T19:24:17","guid":{"rendered":"http:\/\/citizenshiprightsafrica.org\/?p=23622"},"modified":"2019-09-09T20:31:06","modified_gmt":"2019-09-09T20:31:06","slug":"parliament-approves-in-principle-new-law-regulating-granting-citizenship-by-investment","status":"publish","type":"post","link":"https:\/\/citizenshiprightsafrica.org\/en\/parliament-approves-in-principle-new-law-regulating-granting-citizenship-by-investment\/","title":{"rendered":"Egypt: Parliament approves in principle new law regulating granting citizenship by investment"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">The Egyptian parliament approved on Sunday some amendments drafted by the government to two laws regulating Egyptian nationality (law 26\/1975), and the residence of foreigners in the country (89\/1960).<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The parliament\u2019s forth legislative term will conclude this week, totalling 10 months in office.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">In 2018, the parliament officially approved granting the Egyptian nationality to foreigners for depositing EGP 7m in foreign currency in a local bank, and the nationality will be granted within five years from the date of deposit.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The new amendment classified the foreigners residing in Egypt into three categories: foreigners with special, normal, or temporary residence, instead of deposit residence. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The new law stipulates that the Prime Minister may grant Egyptian nationality to any foreigner who has purchased a property owned by the State or other public legal persons or by establishing an investment project in accordance with the provisions of the Investment Law No. 72 of 2017.<\/span><\/p>\n<p class=\"p1\">Read further: <a href=\"https:\/\/ww.dailynewssegypt.com\/2019\/07\/09\/parliament-approves-in-principle-new-law-regulating-granting-citizenship-by-investment\/\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/ww.dailynewssegypt.com\/2019\/07\/09\/parliament-approves-in-principle-new-law-regulating-granting-citizenship-by-investment\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The Egyptian parliament approved on Sunday some amendments drafted by the government to two laws regulating Egyptian nationality (law 26\/1975), and the residence of foreigners in the country (89\/1960). The parliament\u2019s forth legislative term will conclude this week, totalling 10 months in office. In 2018, the parliament officially approved granting the Egyptian nationality to foreigners [&hellip;]","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-23622","post","type-post","status-publish","format-standard","hentry","category-uncategorized","region-egypt","type-news-articles","item-year-660","item-theme-acquisition-of-nationality","item-theme-naturalisation-and-marriage"],"acf":[],"_links":{"self":[{"href":"https:\/\/citizenshiprightsafrica.org\/en\/wp-json\/wp\/v2\/posts\/23622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citizenshiprightsafrica.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citizenshiprightsafrica.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citizenshiprightsafrica.org\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/citizenshiprightsafrica.org\/en\/wp-json\/wp\/v2\/comments?post=23622"}],"version-history":[{"count":2,"href":"https:\/\/citizenshiprightsafrica.org\/en\/wp-json\/wp\/v2\/posts\/23622\/revisions"}],"predecessor-version":[{"id":23674,"href":"https:\/\/citizenshiprightsafrica.org\/en\/wp-json\/wp\/v2\/posts\/23622\/revisions\/23674"}],"wp:attachment":[{"href":"https:\/\/citizenshiprightsafrica.org\/en\/wp-json\/wp\/v2\/media?parent=23622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citizenshiprightsafrica.org\/en\/wp-json\/wp\/v2\/categories?post=23622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citizenshiprightsafrica.org\/en\/wp-json\/wp\/v2\/tags?post=23622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}