Diaspora
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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

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Amid the ongoing global coronavirus pandemic, new health guidelines have been put in place for all travellers entering Ethiopia. All travellers arriving at Bole International Airport must provide a certificate showing a negative COVID-19 RT-PCR antigen test, taken within 72 hours of your arrival to Ethiopia.
7 Aug 2020
COVID-19: Entry Requirements for Travellers to Ethiopia
On 4th August, British TV star, Helen Skelton, opened award-winning Yorkshire Wildlife Park’s new “Experience Ethiopia” reserve. The BBC Countryfile presenter toured the new Experience Ethiopia section of the park and got up close and personal with the spotted hyenas, in the Hyenas of Harar reserve and the Simien Mountains with a troop of Gelada Monkeys.
6 Aug 2020
Yorkshire Wildlife Park opens new “Experience Ethiopia” reserve
On 27th July Prime Minister Abiy Ahmed received the first electric car fully assembled in Ethiopia by Hyundai Marathon Motors. Ethiopia’s distance running legend, Haile Gebrselassie, presented the car to the Prime Minister. The car is fully battery operated with no gas emissions and is unique to Ethiopia.
31 Jul 2020
Ethiopia unveils first locally-assembled electric car
From 2nd – 5th July, a global virtual campaign aimed at raising awareness and support for the construction of the Grand Ethiopian Renaissance Dam (GERD) took place. The campaign informed members of the international community of the Dam, the negotiation processes, and also raised vital funds for the completion of the dam. As part of the campaign, all Ethiopians and friends…
31 Jul 2020
#ItsMyDam: Ethiopians and Friends of Ethiopia in the UK support GERD in virtual campaign
Maaza Mengiste’s acclaimed second novel, The Shadow King, has made the Long List for the 2020 Booker Prize! Set during Italy’s 1935 invasion of Ethiopia, the novel explores female power and casts light on the women soldiers written out of African and European history. The longlist of 13 books was selected by a panel of five judges, including Ethio-British writer…
30 Jul 2020
Maaza Mengiste’s The Shadow King longlisted for the 2020 Booker Prize
From Monday 3 August 2020, the Embassy will resume processing visa applications by post only - a service that had been temporarily suspended due to the COVID-19 pandemic. Please plan ahead and allow extra time when applying for a visa by post.
29 Jul 2020
COVID-19 Update: Resumption of Visa Services
The follow-up Extraordinary Meeting of the Bureau of the AU Assembly, convened by South African President and AU Chair, Cyril Ramaphosa, was held virtually on July 21, 2020, on the ongoing negotiations between Ethiopia, Sudan and Egypt with regards to the first filling and annual operation of the GERD.
21 Jul 2020
Press Release on the follow-up Extraordinary Meeting of the Bureau of the African Union Assembly on the GERD
Unchanged stances and additional and excessive demands of Egypt and Sudan have prohibited the conclusion of this round of negotiation by an agreement. Ethiopia is committed to showing flexibility to reach a win-win outcome on all outstanding issues.
14 Jul 2020
Press Release on the Tripartite Negotiation on the GERD
Since the tragic incident of June 29 which claimed the life of Hachalu Hundesa and the destruction that ensued, the government has been actively engaged in maintaining the rule of law and holding all perpetrators accountable. Two suspects have been apprehended for their involvement in the killing, while a third is still at large.
10 Jul 2020
Press Release from the Prime Minister’s Office
Statement from the Office of the Prime Minister on the context and updates on current issues in Ethiopia.
8 Jul 2020
Context and Updates on Current Issues in Ethiopia
Make the most of lockdown and dedicate some of that extra time to learning something new…something Ethiopian! This month, bake a banana loaf with an Ethiopian twist, watch a documentary about a town of famous runners and visit an online art exhibition.
3 Jul 2020
#STAYATHOME: THINGS TO DO

Investment Opportunities

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

Diaspora Investment Opportunities and Incentives

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Small and Medium Enterprises Opportunities for Diaspora

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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

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Commercial Bank of Ethiopia - Current Account

English Brochure

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