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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Statement from His Excellency Teferi Melesse Desta, Ethiopian Ambassador to the United Kingdom, on the International Day of Peace.
21 Sep 2020
Embassy Celebrates International Day of Peace 2020
His Excellency Teferi Melesse Desta assumed his post today (Monday 14 September 2020) as successor to the previous Ethiopian Ambassador to the United Kingdom of Great Britain and Northern Ireland, Mr Fesseha Shawel Gebre.
14 Sep 2020
Ethiopian Ambassador, Teferi Melesse, assumes duties in the United Kingdom
As we welcome the year 2013 in the Ethiopian calendar, on behalf of the Ethiopian Embassy in London, I would like to extend my heartfelt wishes for a peaceful, prosperous and successful new year to all Ethiopians, at home and abroad. I take this opportunity to express my sincere appreciation to the Government and people of the United Kingdom, and…
4 Sep 2020
Ethiopian New Year Message from the Chargé d’Affaires a.i.
Embassy services were interrupted recently as a result of violent protests by a small group who harassed both Embassy staff and customers who had arrived to apply for visas and other services. One of our staff was injured and received hospital treatment. As of August 26, the Embassy resumed regular services and all staff are working as it is now…
27 Aug 2020
Incident at the Ethiopian Embassy, London
The Virgin Money London Marathon confirmed the full fields for the historic elite men’s and women’s races, scheduled to take place on Sunday 4th October. Ten Ethiopians will participate including Kenenisa Bekele, Tamirat Tola and Roza Dereje. 
24 Aug 2020
Full 2020 London Marathon fields confirmed – Ethiopians dominate
On 16th August, Ethiopia’s prosperity initiatives went regional. The ‘Dine for Ethiopia’ programme was launched to mobilise funds for three projects - in Gorgora, Wonchi and Koysha. The new initiative aims to raise 3 billion Birr within two months. Business and the community at large can buy tickets individually or for their family, or company. It is open to all,…
19 Aug 2020
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Despite the global pandemic, Ethiopia has successfully planted 5 billion trees - a month ahead of the conclusion of the rainy season - as part of the 2020 Green Legacy Initiative. At the closing ceremony, held in Bahir Dar on 12 August, PM Abiy Ahmed thanked all Ethiopians for actively responding to the call for the greening campaign.
17 Aug 2020
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Spurred on by the celebrations of the successful first filling of the Grand Ethiopian Renaissance Dam (GERD) reservoir, the Embassy has been welcoming members of the Diaspora wishing to put their mark on this national project. The GERD is a source of national pride for many Ethiopians. Most of the funds for the dam have been raised from Ethiopians through…
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Diaspora support for the Renaissance Dam
The long-awaited head-to-head between Ethiopia’s long-distance great, Kenenisa Bekele, and Kenya’s Eliud Kipchoge will take place on Sunday 4th October. There will be no mass participation due to COVID-19 but the elite races for men, women, and wheelchair athletes will take place on an enclosed looped course.
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Kenenisa vs Eliud London Marathon showdown confirmed for 4th October
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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.

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Commercial Bank of Ethiopia - Current Account

Amharic Brochure

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Commercial Bank of Ethiopia - Current Account

English Brochure

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