Egypt to offer citizenship to foreigners for â¹2.5cr deposit
The Egyptian parliament on Sunday passed an amendment offering citizenship to foreigners who deposit at least 7 million Egyptian pounds (over â¹2.5 crore) in the country's Treasury. However, foreigners will be able to apply for citizenship after five years of residency. Under a 1975 law, foreigners had to live in Egypt for a decade to apply for naturalisation.