Meridian · Country brief

EG Egypt — a mover's brief

Capital
Cairo
Population
116,538,258
World Bank · 2024
Official language
Arabic, English (widely used in business and tourism)
Currency
EGP
Time zone
UTC+2 (EET); UTC+3 (EEST summer — DST reintroduced 2023)
Calling code
+20
Power sockets
Type C, Type F
Drive on the
right
Emergency
122 (police) / 123 (ambulance) / 180 (fire)
Government
Presidential republic
UN since 1945
In brief

Egypt is the most populous country in the Arab world (population approximately 113 million, 2024) and historically the political and cultural centre of North Africa and the Levant. Output is concentrated in Cairo and the Nile Delta — with Alexandria, the Suez Canal corridor, and the Red Sea tourism zone (Hurghada, Sharm El Sheikh) as secondary centres. The economy is structurally diverse: agriculture (cotton, wheat, sugar), oil and gas, tourism, Suez Canal transit revenue, manufacturing, and a growing services and offshoring sector centred in Cairo's New Capital development and Smart Village. Arabic is the sole official language; English is widely used in business, tourism, and higher education.

For international workers the primary routes are the employer-sponsored Work Permit (ta'asheera al-'amal), the Investor Residence (through substantial investment in Egyptian enterprise), the newly-reformed Citizenship-by-Investment programme, and the Retirement Visa for self-funded retirees. Egypt has not yet launched a dedicated digital-nomad visa. Family-reunification visas and student visas complete the main categories. Permanent residence is available after 10 years of legal residence or earlier through specific qualifying categories (marriage to Egyptian, significant investment).

Egypt has been undergoing substantial macroeconomic adjustment since 2022 — multiple currency devaluations, IMF-backed structural reforms, and major sovereign-wealth infusion from Gulf partners (particularly the Ras El-Hekma mega-development agreement with UAE in February 2024). Cost-of-living for foreign residents earning in hard currency has become dramatically more affordable through the EGP devaluation cycle — Cairo mid-tier accommodation can be found for EUR 400–700/month in 2025. Political environment remains stable but restrictive; mover considerations should include security situation research and awareness of legal frameworks around public commentary.

What's changed

What's changed

In force 1 Jul 2025
In force Labour

National minimum wage raised to EGP 7,000/month for 2025

The National Council for Wages raised the minimum wage to EGP 7,000/month effective July 2025 — up from EGP 6,000. Continues the recent pattern of regular above-inflation minimum-wage adjustments as part of the state response to the EGP devaluation impact on household purchasing power.

Who it affects: Low-wage Egyptian workers; indirect context for foreign-resident cost-of-living.

Ministry of Finance (Egypt) ↗ · verified 2026-04-19

In force 1 Oct 2024
In force Citizenship

Citizenship-by-Investment programme reformed — clearer pricing tiers

Prime-ministerial decree in mid-2024 clarified and repriced the Egyptian Citizenship-by-Investment programme: non-refundable Treasury contribution US$250,000; real-estate investment US$350,000; direct business investment US$500,000 creating local employment; bank deposit US$500,000 (3-year lock). Processing target 6–9 months. Volumes expanded materially in 2024–2025 from Gulf and East Asian applicants.

Who it affects: High-net-worth applicants seeking Egyptian citizenship.

General Authority for Investment and Free Zones ↗ · Ministry of Finance (Egypt) ↗ · verified 2026-04-19

In force 1 Jul 2024
In force Taxation

Personal Income Tax bands restructured for 2024–25

The 2024–25 Finance Law restructured personal income tax bands — modest increases in the middle-band thresholds to offset inflation effects. Top marginal rate remained at 27.5%. Basic non-taxable threshold raised to EGP 40,000 (from EGP 30,000). Foreign residents on work permits are subject to Egyptian PIT on Egyptian-source income; 183-day residence triggers worldwide-income taxation.

Who it affects: All Egyptian tax residents including foreign workers.

Ministry of Finance (Egypt) ↗ · verified 2026-04-19

Announced 1 Jun 2024
Announced Visa & immigration

Digital Nomad Visa feasibility study announced; no implementation yet

The Egyptian government announced a feasibility study for a dedicated Digital Nomad Visa in mid-2024 as part of the broader Tourism 2030 strategy. No formal DNV framework enacted as of April 2026. Prospective remote workers continue to operate on tourist visas (for short stays) or long-stay visas through the investor/business route.

Who it affects: Prospective remote-worker applicants.

State Information Service ↗ · verified 2026-04-19

In force 1 Apr 2024
In force Residency

Hard-currency-earning Egyptians abroad programme launched

The Ministry of Immigration and Egyptian Expatriates launched programmes targeting Egyptians abroad through 2024 — hard-currency-denominated property-purchase schemes, car-import concessions, and facilitated investment routes. Designed to strengthen foreign-currency inflows. Mover-relevant as indicator of state priorities and as practical context for Egyptian-passport-holder returnees.

Who it affects: Egyptian diaspora returning or maintaining ties; property-market context.

State Information Service ↗ · verified 2026-04-19

In force 29 Mar 2024
In force Taxation

IMF Extended Fund Facility expanded to US$8 billion

Following the March 2024 EGP float, the IMF Extended Fund Facility was expanded to US$8 billion in late March 2024 (from the original US$3 billion December 2022 agreement). The expanded programme conditionality includes fiscal consolidation, reducing the state's role in the economy, and structural reforms around subsidies and privatisation. Regular programme reviews continue through 2026.

Who it affects: Broad macroeconomic trajectory; structural reform programme continuation.

Central Bank of Egypt ↗ · State Information Service ↗ · verified 2026-04-19

In force 6 Mar 2024
In force Taxation

Major EGP devaluation — CBE adopts floating exchange rate

The Central Bank of Egypt allowed the EGP to float freely on 6 March 2024, producing an immediate ~60% devaluation against the USD. Foreign-currency-earning residents experienced an immediate and substantial improvement in local purchasing power; EGP-earning residents faced import-driven inflation. Part of the IMF-backed macroeconomic adjustment programme.

Who it affects: All Egyptians and foreign residents; materially affects cost-of-living and import costs.

Central Bank of Egypt ↗ · Ministry of Finance (Egypt) ↗ · verified 2026-04-19

In force 23 Feb 2024
In force Other

Ras El Hekma UAE mega-deal — US$35 billion agreement

The Egyptian government announced a US$35 billion investment agreement with UAE's ADQ on 23 February 2024 covering the Ras El Hekma north-coast development project. The largest single FDI transaction in Egyptian history; stabilised the EGP currency crisis and triggered IMF programme expansion. Mover-relevant indirectly: accelerated infrastructure development in the north-coast region and broader economic-reform momentum.

Who it affects: Broad macroeconomic context; foreign direct investment influx.

State Information Service ↗ · Central Bank of Egypt ↗ · verified 2026-04-19

In force 1 Feb 2024
In force Labour

Tourism 2030 Strategy — 30M annual visitors target

The Tourism 2030 strategy committed to reaching 30 million annual visitors by 2030 (from approximately 15 million in 2024). Focuses on infrastructure expansion at Red Sea destinations, Nile cruise capacity, and cultural-tourism development around the Grand Egyptian Museum (partially opened 2024). Mover-relevant: sustained employment growth in tourism-adjacent sectors.

Who it affects: Tourism sector employment; tangential impact on tourism-oriented expat sectors.

State Information Service ↗ · verified 2026-04-19

In force 1 Jan 2024
In force Visa & immigration

Bilateral visa-exemption agreements expanded

Egypt expanded bilateral visa-exemption agreements through 2024 — most notably mutual visa-free arrangements with additional Gulf states, Russia (for tourism), and specific Southeast Asian countries. Continues the broader Egyptian strategy of expanding tourism access while maintaining work and residence visa controls.

Who it affects: Travellers between Egypt and specific partner countries.

Ministry of Interior (Egypt) ↗ · State Information Service ↗ · verified 2026-04-19

In force 1 Jan 2024
In force Other

New Administrative Capital continued rollout

The New Administrative Capital (NAC) — the major new government and commercial district east of Cairo — continues rollout through 2024–2026. Government ministries progressively relocating; major commercial developments include the Central Business District, Knowledge City (offshoring and tech hub), and residential districts. Mover-relevant employment context for tech and professional services.

Who it affects: Broad administrative and employment context.

State Information Service ↗ · verified 2026-04-19

In force 1 Jan 2024
In force Residency

Egyptian skilled-worker outflow to Gulf continues

Continued structural outflow of Egyptian skilled workers to Gulf states (UAE, Saudi Arabia, Qatar) through 2024–2026 — driven by UAE Golden Visa attraction and Saudi Arabia's Vision 2030 labour demand. Mover-relevant context: Egyptian tech and professional labour market operates in a regional competition with significant outbound pressure; foreign employers in Egypt face competitive hiring dynamics.

Who it affects: Egyptian labour market; broader economic context.

State Information Service ↗ · verified 2026-04-19

In force 1 Dec 2023
In force Labour

Investment Law 72/2017 amendments — expanded Golden Licence scope

Amendments to Investment Law 72/2017 expanded the scope of the Golden Licence — a one-stop-shop investment authorisation providing all necessary approvals, tax holidays, and customs exemptions. Now available for strategic sectors: renewable energy, green hydrogen, desalination, digital infrastructure, transport, logistics, electric vehicles. Practical effect: reduced bureaucratic friction for qualifying foreign investors.

Who it affects: Foreign investors in strategic sectors.

General Authority for Investment and Free Zones ↗ · verified 2026-04-19

In force 1 Nov 2023
In force Housing

Foreign property ownership rules liberalised

Amendments to foreign property ownership rules effective late 2023 — streamlined approvals for foreign real-estate purchases, expanded geographic zones where foreign ownership is permitted (previously restricted in certain coastal and border areas), and maximum 2-property limit per foreign individual. Residence-status benefits for foreign property-owners above specified investment thresholds.

Who it affects: Foreign property investors and residents considering ownership.

General Authority for Investment and Free Zones ↗ · verified 2026-04-19

In force 28 Apr 2023
In force Other

Daylight Saving Time reintroduced

Egypt reintroduced Daylight Saving Time from April 2023 — after abolishing it in 2015. The decision reversed the 2015 policy and aligned Egypt with many other Northern Hemisphere peers. Summer: UTC+3; standard time (winter): UTC+2. Practical effect on cross-border coordination with Europe, Gulf states, and North America.

Who it affects: All residents and businesses; practical time-zone coordination.

State Information Service ↗ · verified 2026-04-19

Dated updates to visa, tax, residency, and labour policy, each linked to its primary source. Subscribe via RSS ↗ or see the full feed across all countries ↗.

Economy

Economy

$389.06BWorld Bank · 2024
GDP
$3,338World Bank · 2024
GDP per capita
+2.4%World Bank · 2024
Real GDP growth
28.3%World Bank · 2024
CPI inflation
1.02% of GDPWorld Bank · 2024
R&D spending
28.5income inequality · 2021
Gini index

Sectoral composition of output (% of GDP)

Services
48.9%
Industry
32.6%
Agriculture
13.7%

Source: World Bank Open Data (value added by sector).

Sources: World Bank Open Data · national statistical office (Destatis / INE Portugal). Every figure carries its period and source under the value.

Labour market

Labour market

Headline labour-market figures for Egypt, drawn from national statistical offices and ILO-modelled estimates. Figures update as each source publishes new periods.

Unemployment
6.8%
% · 2025 · World Bank
Youth unemployment
18.3%
% ages 15-24 · 2025 · World Bank
Employment-to-population
45.1%
% ages 15+ · 2024 · World Bank
Labour-force participation
48.0%
% ages 15+ · 2024 · World Bank
Female participation
not yet ingested
Labour force
36,106,369
people · 2025 · World Bank

Definitions: employment-to-population ratio is the proportion of the working-age population (15+) that is employed. Labour-force participation rate is the proportion of the working-age population that is either employed or actively job-seeking. Youth unemployment refers to the 15–24 cohort.

Source: World Bank Open Data (ILO-modelled estimates and national-account sources).

Demographics

Demographics

Egypt has a population of 116,538,258, of which 43% live in urban areas. People aged 65 and over make up 5.1% of the population against a fertility rate of 2.73 births per woman — well below the 2.1 replacement rate.
116,538,258World Bank · 2024
Population
42.8%World Bank · 2024
Urban share
5.1%World Bank · 2024
Aged 65+
71.8 yrsWorld Bank · 2024
Life expectancy
2.73World Bank · 2024
Fertility rate

Official languages are Arabic, English (widely used in business and tourism). The country's demographic profile, like most of western Europe, is aging — the 65-plus share is roughly double what it was in the 1970s and still climbing. Net migration is the main source of population growth.

Sources: World Bank Open Data ↗ · UN Population Division ↗

Sources: World Bank Open Data · United Nations Population Division · national statistical office.

Visa & immigration

Visa & immigration

Not legal advice. Every figure below links to its official government source. Rules change; verify the specific threshold, processing time, and eligibility for your case before applying.

Work Permit (Ta'asheera al-'Amal)

Non-Egyptian workers sponsored by Egyptian employers.

No salary floor · 12 months initial · path to permanent · 6–16 weeks processing

Employer-sponsored work authorisation issued by the Egyptian Ministry of Manpower. Requires a written job offer, demonstration that no Egyptian could fill the role (with sector-specific exemptions), and employer tax registration. Typically valid 1 year, renewable up to a maximum of 5 years for a given employer before structural employer change required. Foreign-to-Egyptian employment ratio restrictions apply at the sector and company level.

Requirements
  • Job offer from Egyptian employer
  • Employer commercial registration and tax ID
  • Written employment contract
  • Relevant qualifications
  • Medical examination
  • HIV test (standard requirement)
  • Police clearance from country of residence

Verified 2026-04-19 · Source: Ministry of Interior (Egypt) ↗ · share your experience

Investor Residence

Foreign investors in Egyptian enterprises.

No salary floor · 12 months initial · path to permanent · 8–24 weeks processing

Residence on the basis of significant investment in Egyptian business — sole proprietorship, limited liability company, or joint-stock company registered through the General Authority for Investment (GAFI). Typical minimum capital thresholds: EGP 300,000 for small businesses; higher for investor-visa purposes (varies by sector). 1-year initial residence, renewable; path to Permanent Residence and the new Citizenship-by-Investment programme.

Requirements
  • Registered Egyptian enterprise (GAFI registration)
  • Capital contribution meeting sector thresholds
  • Source-of-funds documentation
  • Clean police record

Verified 2026-04-19 · Source: General Authority for Investment and Free Zones ↗ · share your experience

Egyptian Citizenship by Investment

High-net-worth investors seeking Egyptian citizenship.

No salary floor · 1200 months initial · path to permanent · 26–39 weeks processing

Formalised 2020, reformed 2024. Multiple qualifying tracks: (1) US $250,000 non-refundable contribution to the Egyptian Treasury, (2) US $350,000 real-estate investment, (3) US $500,000 direct investment in Egyptian business creating local employment, (4) US $500,000 deposit at a state-owned bank (3-year lock). Citizenship granted within approximately 6–9 months of approval. Full Egyptian passport and nationality.

Requirements
  • Qualifying investment through one of the official routes
  • Source-of-funds documentation
  • Clean criminal record from country of origin and residence
  • Health clearance

Verified 2026-04-19 · Source: General Authority for Investment and Free Zones ↗ · share your experience

Family-Reunification Residence

Family members of Egyptian nationals and legal residents.

No salary floor · 12 months initial · path to permanent · 8–20 weeks processing

Residence for foreign spouses of Egyptian nationals and their children. Foreign wives of Egyptian men receive residence relatively straightforwardly; foreign husbands of Egyptian women face more complex processing. Can apply for citizenship by marriage after specified period (typically 2 years for foreign wives; longer for foreign husbands). Reforms through 2023–2024 have equalised some aspects between genders.

Requirements
  • Apostilled marriage / birth certificates
  • Spouse's Egyptian national ID or Egyptian residence card
  • Medical examination
  • Police clearance

Verified 2026-04-19 · Source: Ministry of Interior (Egypt) ↗ · share your experience

Retirement Visa

Self-funded retirees with stable passive income.

No salary floor · 12 months initial · path to permanent · 8–16 weeks processing

Residence for foreign retirees and passive-income earners. No specific statutory income threshold; in practice applicants demonstrate sufficient pension or investment income to support themselves. Particularly popular among European retirees attracted by Red Sea coastal destinations (Hurghada, Sharm El Sheikh) and the Nile cultural heritage. 1-year initial, renewable.

Requirements
  • Proof of stable passive income (pension, investment, rental)
  • Proof of accommodation in Egypt (lease or property deed)
  • Health insurance recommended
  • Medical examination including HIV test
  • Police clearance

Verified 2026-04-19 · Source: Ministry of Interior (Egypt) ↗ · share your experience

Tourist Visa (On-Arrival or e-Visa)

Short-term visitors from eligible nationalities.

No salary floor · 1 months initial

Egypt operates both visa-on-arrival (most European, American, Australian, Japanese, Korean nationals) and an e-Visa online pre-application for over 50 eligible nationalities. 30 days single-entry standard (US $25); multi-entry and 60-day options available. Cannot be used to work; the correct pathway for remote work during extended stays is a proper long-stay visa.

Requirements
  • Eligible nationality for visa-on-arrival or e-Visa
  • Passport valid for 6+ months
  • Return or onward travel evidence
  • Sufficient funds for stay

Verified 2026-04-19 · Source: Ministry of Interior (Egypt) ↗ · share your experience

Primary sources cited per row; every figure links to the issuing authority.