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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As part of our virtual campaign to galvanise support towards the Dine For Ethiopia projects in Gorgora, Wonchi and Koysha, the Embassy invites the Ethiopian diaspora and friends of Ethiopia to join hands with Ethiopia on its journey towards prosperity and transformation. Donate today and leave a legacy!
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H.E. Gedu Andargachew, Ethiopia's Minister of Foreign Affairs, summoned the US Ambassador, H.E. Mike Raynor, to seek clarification on the remarks made by the US President regarding the Grand Ethiopian Renaissance Dam during his telephone conversation with the Prime Ministers Sudan and Israel.
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Ethiopia's aspiration and commitment for development is best demonstrated through the unanimous support and contribution to the construction of the GERD. Ethiopia will not cave-in to aggressions of any kind, nor do we give recognition to a right that is entirely based on colonial treaties.
24 Oct 2020
The GERD is an affirmation of Ethiopia’s commitment for equitable and reasonable utilisation of the Abbay River
Shura Kitata won the London Marathon on 4th October, producing a devastating sprint finish to depose four-time winner and world-record holder Eliud Kipchoge and become only the third Ethiopian to win the elite men’s title. In the women’s race, Ethiopia’s Ashete Bekere and Alemu Megertu finished in 4th and 5th places.
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Addis Fine Art represents Ethiopia at the 1-54 Contemporary African Art Fair, London
Every year on 1st October, International Coffee Day is celebrated to promote coffee as the world’s most beloved beverage. This year, the Embassy kicked off celebrations by paying a visit to Queens of Mayfair, a coffee shop in London that is serving one of the rarest brews in the world - the Ethiopian Cup of Excellence Coffee.
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In his address at the United Nations General Assembly on 25th September, Prime Minister Abiy reiterated Ethiopia’s longstanding ambition to reach a mutually beneficial outcome for all parties with regards to the construction of the Grand Ethiopian Renaissance Dam (GERD).
29 Sep 2020
Ethiopia has no intention of harming downstream countries with GERD
On 24th September, PM Office spokesperson Billene Seyoum and Attorney General Dr Gedion Timothewos resumed press briefings to English-speaking journalists - international and local - at the government’s new media studio in Addis Ababa.
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During an extraordinary session on 22nd  September, the House of Peoples Representatives passed a resolution allowing Ethiopia to hold its general election by September next year, with adherence to COVID-19 guidelines laid out by the Ministry of Health.
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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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