Red Sea real estate in Egypt with free citizenship

[@TheWanderingInvestor]

🇪🇬 Contact Hany and more information on the Egyptian citizenship by investment program: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/citizenship-by-investment-in-egypt/ 🇪🇬 Contact Hany to invest in Red Sea real estate: thewanderinginvestor.com/services/international-real-estate-services/real-estate-agent-in-cairo-egypt/ 🇪🇬 Full analysis of the real estate investment market in Cairo: thewanderinginvestor.com/international-real-estate/making-a-real-estate-investment-in-cairo-egypt-a-contrarian-play/

[@Alt-Hesham]

A few corrections about El Gouna that Hany didn’t get right: 1. You can get a 1 bedroom apartment starting from $150k. Prices go much higher in premium locations like the marina. You can buy off-plan and pay over 5 years starting from $250k. 2. Rental yields are around 5-6 percent based on data from property management companies that perform much better than El Gouna’s own property management. Occupancy rates vary based on location and prices since there’s a wide range in El Gouna. 3. El Gouna has a large community of Europeans (particularly Brits, Germans, and Swiss) that bought homes and have been living here for many years. Some have been living here for 20+ years. 4. El Gouna has very unique homes, designed by world-renowned architects like Michael Graves. It also has lagoons going through most of the town, making it possible to have water-front homes that has direct access to the Red Sea. I feel like this video missed a lot of what makes El Gouna unique and why it has had a very strong real estate market for the past 30 years. Next time you’re in Egypt, I suggest you come back again to El Gouna, accompanied by someone that’s more experienced.

[@marshallleo6589]

yea..ive seen them for $120K

[@michellehonig6905]

I bought an apartment in New Alamein- Palm hills. I plan to retire there. I love Egypt and the people. El Gouna is so beautiful!

[@jgm3620]

As always great video Good place for the holidays and the winter time with a low cost of living

[@Kamfal]

Your videos are some of the most valuable I watch on youtube, honest, direct to the point and informative. I am of Egyptian origin living in the west and have thought about buying in this area. I do feel in newer developments like Souma Bay rental returns are low and competition is high with lots of rentals available but if you combine value and lifestyle factors it may be worth it.

[@jgm3620]

Great place to go on Holidays

[@kaderkaneye8316]

I really like how honest and transparent you are in your videos by being upfront with the risks associated. Your partner seems like forcing the positives and cutting you as you mention the challenges. He should learn from your ethics. No need to bring back positives every time you mention a challenge. I’m convinced when listening to you and worried when I see him pushing too much

[@kaderkaneye8316]

I wrote the comment above before reaching the end of the video but the flip at the end killed me. He went from your 100 dollar rent estimate to 200-250, and as you pushed back, he just agreed it’s less. How can we trust his judgement with advice in buying ?

[@maadjaccountmusicbablu6250]

@ robbinjtrader ⭐⭐⭐

[@Farang189]

Very interesting real estate markets indeed. I am thinking positively about it. Thanks for the upload.

[@PlanetaAbstrakcja]

Great video! Have you ever thought about filming sth in Brazil? There is an interesting channel about investing there callled "Oliviera Lawyers" but almost nothing more on yt...

[@CesaresChannel]

The $300,000 needed for Egyptian citizenship would be better spent elsewhere, like Serbia for example

[@marshallleo6589]

yea..They really really need foreign money these days. So they are hoping people will pay the $300K. Im not sure many will pay it. But I still love the residency visa

[@cl2385]

WOW! this has really got me thinking about Egypt! Thank you for sharing. My question is "does the money paid to you for renting it on Airbnb go to your US bank account in dollars? or does any income from Airbnb need to be in an Egyptian bank account in dollars? Thank you😊

[@TheWanderingInvestor]

@@cl2385 it depends where you first created your Airbnb account…not where the property is located.

[@BoatLife_DansBoatLife]

Wow super interesting - thanks! The waters looks amazing and I saw a healthy number of quality boats in those marinas. This is a boating destination i've never heard of. I will make a trip and have a look around. Would be interesting to know if people ar sailing there or just using motor boats... Cheers love your channel!

[@TheWanderingInvestor]

@@BoatLife_DansBoatLife thank you. Yes, there is sailing there 👍

[@micomarinas2753]

what is the travel time there going to cairo? is egypt planning to put speed train?

[@TheWanderingInvestor]

@@micomarinas2753 No such plans for now. 5h by car.

[@carstensanonym7527]

How is the process to ensure that the properties will be accepted for CBI? Is it based on the price on the sales contract or will it be estimated by the gvt? Are all residential properties / location in egypt eligible?

[@TheWanderingInvestor]

@@carstensanonym7527 Sales contract and taxes paid and actual proof transfer of the money. All registered properties in Egypt except for anything in the Sinai Peninsula. Hany can help with all this.

[@carstensanonym7527]

​@@TheWanderingInvestor Ok thanks! Do i have to apply first and then purchase or can i apply after having purchased/registered the property?

[@TheWanderingInvestor]

@@carstensanonym7527 You apply first for citizenship, and then once approved you have 1 year to make the investment.

[@JoannaK-tl5tu]

Nice video. But why is it worth to obtain an Egyptian citizenship? I don't see any reason for that. Even going abroad is difficult for Egyptian, for almost every country they need visa

[@TheWanderingInvestor]

@@JoannaK-tl5tu it’s not about now. It’s about your children and grand children, and Africa access

[@user-or1rm1ol3q]

​@@TheWanderingInvestorwhat do you mean africa access 🤔

[@TheWanderingInvestor]

@@user-or1rm1ol3q for example visa on arrival for egyptians in Nigeria, unlike for westerners

[@cl2385]

So, I just had a conversation with a friend who said his Drivers license has a cross on it because he is a Christian and Egypt has very anti Christian vibe. As an expat, would you have to have an Egyptian license?

[@TheWanderingInvestor]

@@cl2385 No, you can roll on a foreign license. People’s religion appear on their IDs in Egypt.

[@InMails-y5f]

Damn! place looks depressing, no one in the day or at night

[@TheWanderingInvestor]

@@InMails-y5f it was Ramadan

[@Chop_Liver-bd3oc]

Thanks for the video. I will add it to my plan D level. Are you still happy with your Panamanian attorneys?

[@TheWanderingInvestor]

@@Chop_Liver-bd3oc Great. Yes I am 👍🇵🇦

[@Chop_Liver-bd3oc]

@@TheWanderingInvestor I am going to set up a Foundation for trading like you. What are the yearly costs(about) to maintain a foundation?

[@TheWanderingInvestor]

@@Chop_Liver-bd3oc Ask them for a precise quote 👍

[@nampmaljr9294]

​@Chop_Liver-bd3oc what law firm?

[@TheWanderingInvestor]

@@nampmaljr9294 thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-panama/

[@micomarinas2753]

can I buy/invest combine in property in cairo and there too for a total of $500,000 for the egypt cbi program, is this allowed?

[@TheWanderingInvestor]

@@micomarinas2753 Yes, you can combine various properties to reach the $300k

[@stefvaneysendeyk3273]

Do you own the full property (including the land)? I noticed that in some places in Egypt that's not possible as a foreigner?

[@TheWanderingInvestor]

@@stefvaneysendeyk3273 You do. But there are heavy restrictions on the Sinai Peninsula.

[@AJ-uw8hi]

Can you get fiber optic internet connection w/ speeds close to 100 mbps?

[@TheWanderingInvestor]

@@AJ-uw8hi Yes

[@MyLatinLife]

Interesting

[@RyanDorough]

Houthi boat tours?

[@Xenthoid]

LMAO

[@DJOUDAtribal]

Houti in Yemen, this is Egypt. 2000KM apart

[@marshallleo6589]

Bro is boasting the Fact that there is never rain..In a desert we pray for rain. No rain is Never a Luxury of Living. But I still love egypt. Even without the rain. But this program is not about europeans or $USD and western schools. This is about the East..BRICS and what people are looking for away from Europe and away from the $USD. Its very nice for Russian holiday resorts and Asian visitors

[@hjohnanam5623]

Egypt and All Arab countries are extremely safe. The Western World is becoming unsafe, thats why people are moving out!

[@promptstar]

Hmmmm 🤔

[@razkrat8803]

Heni not Huni :)

[@lakdev6297]

$300,000 for 1 bed ??😮😮🥲🥲

[@TheWanderingInvestor]

@@lakdev6297 the other developments are way more affordable

[@DJOUDAtribal]

Prices across the world in very gloomy cities go for much more than that!!

[@andreaskalpinis4797]

@@DJOUDAtribal yes but in Egypt people are literally starving from a lack of food lol

[@DJOUDAtribal]

​@@andreaskalpinis4797 everywhere in the world people you will find people that are starving, and can't find good food and clean water. It's all relative and subjective. That's not the point of this video

[@dovygoodguy1296]

Ladislas, with all due respect, Egypt isn't the place to be at all. Their army is in high alert, snd the population is ready to explode because of the war of Israel with Gaza, Lebanon and Iran.

[@TheWanderingInvestor]

Nothing new. It’s the Middle East.

[@andreaskalpinis4797]

Army is in high alert all over the world in all countries lol

[@dovygoodguy1296]

@@andreaskalpinis4797 In case you weren't paying attention there is a widening war going on. Egypt's economy ia tanking. It's lost 50% of its revenues from the Suez Canal.

[@buzzlamicjihad]

the entire point of an investment is to buy the fear and sell the greed

[@andreaskalpinis4797]

@@dovygoodguy1296 Egypt is a failed state that's a known fact this isn't an investment to make you millions its mostly if you want the citizenship

[@misterniceguy67]

A great idea, living under dictator Azizi. Com'n man, this is a dump idea and you would not want live there yourself. Unsubscribed. Get the f out of here.

[@DJOUDAtribal]

You dont have to live there, you can vacate there! The number of Germans, French, and English people make up over 60% of the community in El Gouna

[@GoldEspresso]

​@@DJOUDAtribalwhat type of security there

[@DJOUDAtribal]

Generally there is normal police, but also there is private security by the developers El Gouna. The development is huge so the developer has opted for their private security in addition to security cameras to have a full view.

[@AkhileshYadav-ft1fj]

Again nobody knows when Egypt will have civil war.... there is no future of Islamic countries...any day Islamic ideology can engulf such a country because people of these countries are living 1K years back 😂😂😂😂

[@abdirashiddirie3522]

Because there is a cancer in the middle east that the west brought it.

[@messenger8928]

so you recommend iseal right😀😀