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
"Rising Ethiopia" በሚል መሪ ቃል ከዲሴምበር 20 ቀን 2020 እስከ ፌብርዋሪ 21 ቀን 2021 ኢትዮጵያ አገራችን በቱሪዝም፣ በንግድ  እና በኢንቨስትመንት መስኮች ያሏትን እምቅ ሀብቶች ለአለም አቀፉ ማህበረሰብ የሚያስተዋውቅ የማህበራዊ ሚዲያ ዘመቻ በዩኬ ነዋሪ በሆኑት ዶ/ር በላቸው ተስፋ ሀሳብ አመንጪነት፣ በውጭ ጉዳይ ሚኒስቴር አስተባባሪነትና በባህልና ቱሪዝም ሚኒስቴር፣ በቱሪዝም ኢትዮጵያ፣ በኢትዮጵያ ኢንቨስትመንት ኮሚሽን እንዲሁም በሁሉም አገራት ባሉ የኢትዮጵያ ኤምባሲዎች ተሳትፎ የተጀመረ ሲሆን…
4 Jan 2021
የዳያስፖራ ቢዝነስ ሳምንት
It has been two months since the TPLF clique has launched its onslaught on the Ethiopian Defence Forces stationed in Mekelle. What they call ‘a pre-emptive lightning’ attack has unveiled the true nature of the group both to the international community and the people of Ethiopia.
1 Jan 2021
The law enforcement operation in Tigray and the media: Lessons learnt
The National Electoral Board of Ethiopia (NEBE) announced that the national elections will be held on 5th June 2021. The elections were postponed from 29th August 2020 due to the coronavirus pandemic.
29 Dec 2020
2021 Elections to be held in June
With parts of the UK now under tougher COVID-19 restrictions, we have come up with some ideas to keep you busy and make the most of the ‘stay at home’ order… from cooking to virtual marathons and new books, we have you covered.
21 Dec 2020
#STAYATHOME: THINGS TO DO
On 12th December, global climate leaders took a major stride towards a resilient, net-zero emissions future, presenting ambitious new commitments, urgent actions and concrete plans to confront the climate crisis. Ethiopia's Prime Minister, Dr Abiy Ahmed, addressed the Summit.
16 Dec 2020
PM Abiy addresses Climate Ambition Summit
The Federal government takes its responsibility to citizen safety and well-being seriously and is committed to ensuring that vulnerable communities in the Tigray region are provided the necessary humanitarian assistance. Reports to the contrary are results of a misinformation campaign by those that are bent on undermining the Federal government.
11 Dec 2020
Humanitarian Assistance in Tigray Region
The UK's Department for International Trade (DIT) on 3rd December 2020, hosted the first-ever UK-Africa Renewable Energy Ministerial Symposium to deepen UK-Africa collaboration in the renewable energy sector. Ethiopia’s Minister of Water, Irrigation and Energy, Dr. Sileshi Bekele, took part.
8 Dec 2020
Dr Sileshi takes part in UK-Africa Renewable Energy Ministerial Symposium
Prime Minister Abiy Ahmed held discussions with political parties and civil society organizations in the presence of the National Electoral Board of Ethiopia, on the upcoming elections scheduled for mid-2021. The highly anticipated and historic election is noted as the most consequential election in its demonstration of Ethiopia’s democratization journey initiated in 2018.
2 Dec 2020
Elections 2021 discussions with Political Parties and Civil Society Organisations
On Wednesday, 25th November 2020, Deputy Prime Minister and Minister of Foreign Affairs of Ethiopia, H.E. Mr Demeke Mekonnen, met and held discussions with his British counterpart, The Rt Hon Dominic Raab MP, to deliver a message from the Prime Minister of Ethiopia, H.E. Dr Abiy Ahmed.
26 Nov 2020
Deputy Prime Minister assures UK Government of Commitment to Ensure Peace and Security of the People of Ethiopia

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