Does Buying an Apartment in Hurghada Grant You Residency in Egypt?

Hurghada, the beautiful coastal city on the Red Sea, has become one of the top destinations for both tourism and real estate investment in Egypt. Once known only as a vacation spot, Hurghada is now attracting foreign investors looking to buy property—and many are asking: Does buying an apartment in Hurghada grant you legal residency in Egypt?

The short answer: Yes, but under certain conditions.
Let’s explore everything you need to know about how owning property in Hurghada can help you obtain residency in Egypt.

Legal Status of Foreign Property Ownership in Egypt

Foreigners are legally allowed to own property in Egypt, under a few key conditions:

• A foreigner may own up to two residential properties in Egypt.
• Each property must not exceed 4,000 square meters in area.
• Properties must be for personal use—not for commercial purposes.
• The property cannot be sold for five years from the date of purchase (in some cases).

In Hurghada, the process is often smoother as it’s considered a tourism-friendly zone, and the government encourages foreign property ownership there.

Can Buying an Apartment Get You Residency?

A. Real Estate Residency (Renewable Residency)

Egypt offers what is known as Real Estate Residency, a renewable temporary residence permit granted to foreign nationals who own residential property in Egypt.

B. Requirements for Real Estate Residency:

• Valid property ownership documents (registered or court-attested contracts).
• Property value should not be less than $50,000 USD (or equivalent in EGP depending on regulations at the time).
• Valid passport.
• Criminal background check (clean record).
• Medical examination certificate.
• Passport-sized photos.

C. Duration of Residency:

Residency is typically granted for 1 year or 3 years, renewable as long as property ownership is maintained.

D. Can You Include Your Family?

Yes, spouses and children can be included in the same residency file.

Application Process for Residency

To apply for a real estate residency permit:

1. Prepare and legalize all property ownership documents.
2. Visit the Egyptian Passport and Immigration Authority (in Cairo or main cities).
3. Submit your application with the required documents.
4. Pay the application fees.
5. Await approval and receive your Egyptian residence card.

Benefits of Real Estate Residency in Egypt

• Legal stay and freedom of movement within Egypt.
• Ability to open bank accounts.
• Purchase and register a personal vehicle.
• Stable and legal basis for long-term residence in Egypt.
• Excellent investment opportunities in touristic zones like Hurghada.

Why Choose Hurghada?

A. Active Real Estate Market

Hurghada has strong demand from Russian, German, British, and other European buyers.

B. Affordable Prices

Compared to other coastal cities like El Gouna or Sharm El Sheikh, Hurghada offers more affordable property prices.

C. Strong Rental Returns

Due to its tourism appeal, units in Hurghada can be rented out easily on platforms like Airbnb, providing solid rental income.

D. Expat-Friendly Environment

The city has large expat communities and services tailored for foreigners, making it an easy place to settle.

Things to Watch Before You Buy

• Ensure the legal status of the unit—registered contracts are ideal.
• Get help from a local lawyer or trusted agent.
• Verify that the property is free of disputes or legal issues.
• Compare market prices carefully to avoid overpaying.

FAQs

Can I sell the property after getting residency?
Yes, but depending on the situation, you may need to wait 5 years or risk losing residency status.

Does real estate residency lead to Egyptian citizenship?
Not directly. However, if your investment exceeds $250,000 USD, you may be eligible under the Egyptian Citizenship by Investment program.

Should the property be paid in USD or EGP?
It’s recommended to pay via foreign bank transfer (USD or Euro) to meet the official investment criteria when applying for residency.

In short, buying an apartment in Hurghada can indeed grant you residency in Egypt, as long as you meet the required legal conditions and complete the proper documentation. Hurghada is a prime location not just for holidaymakers—but for smart investors who want legal residency, stable returns, and an enjoyable lifestyle on the Red Sea.

Always work with a reliable agency or legal advisor to ensure everything goes smoothly—and you’ll be living in Egypt’s tropical paradise in no time.