Do foreign residents even want the Egyptian citizenship?
Do foreign residents even want the Egyptian citizenship? 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 studies were conducted on the move, and whether there are actually any foreign residents who have voiced their willingness to “buy” the citizenship if there were a law allowing it. The biggest issue, however, is that buying into a citizenship is meant to provide perks such as a passport that allows visa-free travel, or top notch public services, which Egypt is unable to provide for its existing nationals.