The 80-year-old said he would be honoured to be elder statesman of a Scottish republic. And he even pledged to banish the Royals and turn Balmoral Castle into a public museum.
He said: "You Scots have been living in a coma for too long. It is time for you to waken up and detach yourself from the English and their terrible politicians.
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"Whatever help is needed for Scotland to regain its independence, I will provide it. When you Scots regain your freedom I'm ready to be your president. I have lived in England for 40 years but now the home that I want is in Scotland."
The businessman added that he hoped to be offered a Scottish passport if a referendum on independence goes ahead. And Mr Fayed said: "If you Scots retain the Royal Family you will have no hope – you will be like Bangladesh. But once you get rid of the royals I will buy Balmoral Castle and run it for the public as a museum."
However, despite his longing for Scottish independence, Mr Fayed is angry that the SNP have turned down his offer of financial assistance, saying: "I will do anything for Scotland, but I don't want this Alex Salmond."
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