Diaspora
scroll down

Important Notice

Diaspora Open Hours
We are proud to announce that our dedicated Diaspora open hours for all Ethiopian nationals and foreign nationals of Ethiopian origin residing in the UK have been extended to cover all working hours. The dedicated open hours will serve all diaspora Monday to Friday from 9.00am – 1.00pm and 2.00pm – 5.00pm. No prior appointment necessary.

 

Also note, consultations with our Diaspora Department for all Ethiopians in the UK without travel documentation take place on Tuesdays and Fridays between 10 am – 12 pm. 

Diaspora

The Diaspora Engagement Department of the Embassy is responsible for raising awareness and understanding of Ethiopia among the Diaspora and mobilising them to take part in the country's development activities.

The Department’s activities include: conducting interactive meetings and group discussions with members of the Diaspora aimed at providing information and clarification on issues of concern; encouraging and facilitating Diaspora participation in business and investment activities in Ethiopia; supporting knowledge and technology transfer initiatives, by establishing links with the relevant institutions in Ethiopia; assisting members of the Diaspora to open Foreign Currency Diaspora Accounts in Pounds Sterling (GBP); facilitating the establishment of productive and meaningful synergies between Diaspora Civic, Professional, Community and Development associations and their local counterparts in Ethiopia and; promoting the opportunities and mitigating the challenges associated with the country’s existing Diaspora policies and directives.

Related News

Browse all
Ethiopian Airlines has partnered with UNICEF for the global distribution of vaccines and other life-saving supplies. As per the agreement, Ethiopian will support the prioritisation of the delivery of COVID-19 vaccines, essential medicines, medical devices, and other critical supplies to respond to the pandemic.
18 Feb 2021
Ethiopian Airlines partners with UNICEF for global COVID-19 vaccine distribution
On 3rd February, Chatham House’s Africa Programme hosted a webinar on Ethiopia’s upcoming elections. Panellists at the virtual event discussed preparations for the upcoming polls, whether the Federal Government will be able to deliver secure, free, and fair elections under the current conditions, and the priority issues likely to be raised during the campaign period.
8 Feb 2021
Chatham House hosts webinar on Ethiopia’s upcoming elections
The Ethiopian government's victory over the Tigray People's Liberation Front came at a high cost, and the humanitarian situation in northern Tigray remains grave. But only an Ethiopia at peace, with a government bound by humane norms of conduct, can play a constructive role across the region and beyond.
8 Feb 2021
Toward a Peaceful Order in the Horn of Africa by PM Abiy Ahmed
Ethiopia is the latest destination to be awarded the WTTC Safe Travels Stamp following major steps implemented by the Ministry of Culture and Tourism last year to ensure safety for residents, travellers, and workers and businesses in the tourism value chain, and revive the sector after the COVID-19 pandemic.
5 Feb 2021
Ethiopia receives WTTC’s Safe Travels Stamp
Ethiopians and friends of Ethiopia worldwide anticipate general elections this June after a prolonged Covid-19 postponement. The election will secure the appointment of members of the House of Peoples' Representatives and regional state councils. This electoral test will be the first for the ruling Prosperity Party. Opposition political parties say they centre their ambitions not only around party winnings but…
4 Feb 2021
Panel confirms Ethiopia prepping for June elections, Chatham House Africa Program
Bath has always been the first port of call outside London for Ethiopian Ambassadors to the Court of St James, and the virtual visit of Ambassador Teferi Melesse to three institutions in the historic and spa City of Bath on 28th January was no exception.
3 Feb 2021
Ambassador Teferi embarks on a virtual trip to Bath
COP26 President-Designate, Alok Sharma, visited Addis Ababa and Gabon in January to discuss how the UK can work with Ethiopia to address climate change challenges. In his first overseas visit since becoming full-time COP26 President, Mr. Sharma met leaders from government and civil society, stressing the need for urgent climate action ahead of the important UN climate change summit the…
1 Feb 2021
Alok Sharma visits Ethiopia in first foreign visit since his full-time appointment as COP26 President
Organised by the Ethiopian Embassy in London, in collaboration with key stakeholders, this webinar aims at promoting Ethio-UK business relations in the horticulture sector and will provide opportunities for stakeholders to discuss ways of tapping the huge potential in the sector. 
29 Jan 2021
WEBINAR | Doing Business in Ethiopia: Opportunities for Trade and Investment in the Horticulture Industry
The British Foreign Secretary Dominic Raab made his debut visit to Ethiopia as part of a wider tour of East Africa. During his time in Ethiopia, the Foreign Secretary held bilateral engagements with President Sahle-Work Zewde, Prime Minister Abiy Ahmed, and the Deputy Prime Minister and Foreign Minister Demeke Mekonnen.
26 Jan 2021
Foreign Secretary Raab visits Ethiopia
The National Election Board of Ethiopia (NEBE) has officially announced that the upcoming 6th National Elections will be held on the 5th June 2021. The Board further outlined a new schedule of activities to be undertaken in the course of the general election.
13 Jan 2021
Ethiopia Decides: Let the Election Season Begin!

Investment Opportunities

The Diaspora have a great role to play in Ethiopia’s development activities.

Diaspora Investment Opportunities and Incentives

Discover more

Small and Medium Enterprises Opportunities for Diaspora

Discover more

Opening a Bank Account

Ethiopians and Foreign Nationals of Ethiopian origin living and working outside Ethiopia are eligible to open a Diaspora Bank Account with the Commercial Bank of Ethiopia.

You can open a Diaspora Account in 3 easy steps. For further information on the types of accounts available, please visit the Commercial Bank of Ethiopia website.

  • 1
    Complete Application Form

    Download and complete the application form.

     

    Please do not sign the application form. You will be required to sign the form at the Embassy.
  • 2
    Gather Supporting Documents

     

    • Completed application form
    • Your passport
    • One recent passport-sized photo
  • 3
    Schedule an Appointment

Ethiopian Diaspora Mortgage Loan

The Commercial Bank of Ethiopia has designed a mortgage product for all Ethiopians and Foreign Nationals of Ethiopian Origin living abroad, aged 18 years and above.

The Ethiopian Diaspora Mortgage Loan allows eligible applicants to purchase or construct a residential property by accessing a loan product with the following features:

  • Minimum equity contribution of 20% of the cost of purchase or construction in foreign currency
  • The Bank will finance the remaining 80% of the cost in local currency at a minimum interest rate of 8.5% per annum
  • Loan period will be for a maximum of 20 years
  • Loan repayments will be executed in US Dollars (USD), Pounds Sterling (GBP) or Euros.

Further information on the requirements and process can be found below:

Getting a Diaspora Mortgage

  • Required Documents for Ethiopian Citizens
    1. Valid Ethiopian passport
    2. Residence permit or work permit
    3. Two recent, passport-sized colour photographs
    4. Marriage certificate, if applicable
    5. Employment letter verifying annual gross and net income from employer OR a recently issued tax return
    6. Bank Statement covering last 12 months issued by a bank in the country where you are resident
    7. If applicable, power of attorney, a copy of the agent(s) ID and two recent, passport-sized colour photographs
    8. If applicable, a copy of your employment contract
    9. Where applicant is self-employed or a business-owner, financial statements for at least three consecutive years, valid trade licence and trade registration certificate and tax payment certificate.
  • Required Documents for Foreign Nationals of Ethiopian Origin
    1. A valid foreign passport
    2. A valid Ethiopian Diaspora card (yellow card)
    3. Two recent, passport-sized colour photographs
    4. Marriage certificate, if applicable
    5. Employment letter verifying annual gross and net income from employer OR a recently issued tax return
    6. Bank Statement covering last 12 months issued by a bank in the country where you are resident
    7. If applicable, power of attorney, a copy of the agent(s) ID and two recent, passport-sized colour photographs
    8. If applicable, a copy of your employment contract
    9. Where applicant is self-employed or a business-owner: financial statements for at least three consecutive years; valid trade licence and trade registration certificate; and tax payment certificate.

How to Apply for an Ethiopian Diaspora Mortgage Loan

  • 1
    Open a Mortgage Savings Account

    Opening a Bank Account in 3 simple steps.

  • 2
    Deposit 20% of Equity Contribution

    Following the opening of your Mortgage Savings Account, deposit your equity contribution of 20% of the cost of the intended property purchase in foreign currency.

  • 3
    Request Mortgage Loan

    Upon fulfilling the equity contribution of 20%, request the remaining 80% equity from the Branch Consumer and Housing Credit Centre.

Additional Resources

Diaspora Agency

The Diaspora Agency is tasked with ensuring the protection of the rights and dignity of Ethiopians in the Diaspora and to facilitate their engagement in the overall development of their country.

Go to website

Commercial Bank of Ethiopia - Current Account

Amharic Brochure

PDF

Commercial Bank of Ethiopia - Current Account

English Brochure

PDF