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@ce5807 doesn't matter I don't care to learn any languages, but this is a great citizenship path for those that want to learn. I already googled that requirement u will asked to describe pictures and stuff in greek And my comment wasn't against the channel, it's against cyprus. It's an archaic dinosaur requirement to care about language. If we invest in their economy that's more than enough
@@VirtousStoicYou’re kidding, right? Citizenship isn’t just about money. There’s a reason why people are falling all over themselves trying to get in to some of these places - it’s cause they already have money. How about a little patriotism, loyalty, culture, homogeneity. We don’t all want our countries turned into birmingham, miami, malmo, & marseille..
You can do the same thing in Peru. Buy a place (less than $80k USD), register a Peruvian company to the address (takes less than 3 weeks), get yourself a business visa as the director of that company and boom. At year 3, if you can speak the language (Spanish) and show a connection to the country (that property), citizenship.
@@ywueeee Need to be able to show 'ties to the country' and speak Spanish. Ties to the country can be a property or a spouse, among other things. But personally, I'd take a property over a spouse 🤷♂🤣
But there is some minimum stay in the country required , or you can just set the property and the company and forget about it for a couple of years and then apply for the citizenship ?
@@amirbenomar5207 no minimum stay for buying real estate in Perú. Can do it on a tourist visa. 2 years in the country on something like a student visa studying Spanish, plus able to show a connection to the country (I.e owning a property) and boom - permanent residency / citizenship.
If you’ve completed two years of higher education in France, the five-year residency obligation is reduced to two years (including all-in-English classes schools). So in some cases becoming a French / EU resident can even take less than 3 years.
As a resident of France, I wonder if things are really so bad elsewhere that people wish to obtain a European citizenship? This is like trying to board the Titanic before it hits the iceberg 🙂.
they come desguised as refugees but they are instead soldiers in armies or soldiers of fortune,from africa and who else knows where , remember when merkel gave the green light for "doctors and engineers " and then they started raping ,plundering and killing European citizens ?
An EU passport is worth it's weight in gold for those from poorer Asian countries. Most of their passports are weak af. After getting it, one could always live somewhere else afterwards
Is France that bad? I'm not educated on French or even general European politics. We're dealing with our own circus here in the US and I thought about moving to France. Care to share your own insight?
Awesome video about Cyprus citizenship! Your videos and content get better every video, I like the flags and the letter highlighting for new neat effects. Thank You Nomad Capitalist!
I live in Cyprus 20 years I came when I was 5 years old went to school and I applied for citizenship 3 years ago. No response yet. So good joke for 8 months. All the people I know never got in 8 months. People laugh and say minimum 4 years you wait...
Also in Germany you have the option to get citizenship in 3 years. You have to have advanced German language skills (C1). And also to consider the very high taxes
@PassportBachelor so true. Also for Germany they have actual "integration classes." It's been about 2 months since I checked, but I think they're about 700-1000 hours, and that's supposed to literally document how integrated you are--or at least informed about the country, not how many dinners with friends you've had.
There’s a faster way. You just enter the eu, throw away your passport, walk into one of the richest countries and claim a Florida gator 🐊 ate your passport on your way in. You also had a nasty common cold which made you lose memory of your country of origin. They’ll accept it and house you and clothe you and make you a resident in due time. But do it fast, time is running out!
@@infiad1275 Hhahahaha. Kinda makes you feel that way because it has been going on for years, although r-wing political groups have been gaining more popularity as of late.
@@Jackson-e4k From a reliable source, free enough to demand you want a high-end phone brand and threaten not to go to your classes that will make integration easier.
It is minimum 3 years (365*3) out of period 10 years + 12 months when you can’t leave the Cyprus for more than 90 days + 8 months processing time. So in total it would be around 5 years before you will get your passport.
@@KyleBell-le1oe No, 8 months is in case of additionally paid processing of the application so it is guaranteed, without payment it is siga-siga of course
@@olgabaranova975what payment? My friend has lived in CY since 2004, applied for naturalization 16 months ago, no decision as yet. And I know several people who naturalized, who waited for 3-4 years after naturalization filing. Pay who? He can’t find who to pay 😂
Parking a significant amount of cash in a domestic bank (or any bank for that matter) is a lazy, late 20th century practice. Why would anyone make themselves that easy for bureaucrats and other official thieves to attack when they've so clearly and recently demonstrated their intent?
If at least one of your great great grandparents or closer is Irish, you can potentially reduce 5 to 3 if you also relocate. Subject to ministerial discretion. Living there minimum 3 years is viewed as prima facie adequate connection to Ireland and Irish state. An Irish grandparent or nearer is instant and no need to reside. The advantage of more distant Irish grandparents is often overlooked when combined with residence.
@@steve7445 Thanks for the clarifications. I looked into this years ago, and understood that grandparent was the cut-off, and something like 1400 days stay in-country (but I might be mixing that up). And I seem to remember the your distant relative had to be FROM Ireland, and in their registry there, and not for example, an Irish person born in the US? But I hope you get those 2 years knocked off.
@@alanjones6071 Wrong still 2years and in reality it will take you more than that, realistically it would 2.5 years for you to process all the requirements and stuff
I would question the wisdom of moving to a country with a large amount of wealth, when the country you are moving to has had bail ins of all of their banks. On 25 March 2013, a €10 billion international bailout by the Eurogroup, European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) was announced, in return for Cyprus agreeing to close the country's second-largest bank, the Cyprus Popular Bank (also known as Laiki Bank), imposing a one-time bank deposit levy on all uninsured deposits there, and seizing possibly around 48% of uninsured deposits in the Bank of Cyprus . If they can do it before, they can do it again. Particularly if we experience a world wide economic depression, which would appear to be not only possible, but probable in the near future.
No need to keep your money in Cyprus to get residence or citizenship and you shouldn't especially if you leave there. You should never keep your money where you live anyway.
Also the haircut was not only because of the economy but for geopolitical reasons as well. There is more eyes and regulations on banks than before, so you cannot have the same ploy twice
I would like to add a very important note here, when you talked, for example, about Ireland that you can become an Irish citizen in 5 years time, well, technically, from my experience and all my friends' experiences, the 5-year residence requirement is when you can apply for a certain EU citizenship, but it will take minimally from one year to a year and a half to get naturalized when applying for the citizenship, however, the average naturalization processing time in EU is 20 months to 23 months, in this case and realistically, it is not 5 years, it is 7 years.
Any citizenship timeline includes the quoted time plus the application time. The last Ireland case we saw took about one year to be approved and for the person to attend the ceremony.
I've been thinking three months in Antalya, three months in Paphos Cyprus, and three months to either Saudi Arabia and Yemen. Yes am crazy, lol, but I think it is crazier being in America. Let the "captain" go down with the ship.
Don’t some countries have a University degree as a requirement for residency/citizenship? I wonder if he would be limited by that. Or if they overlook it if you are a business/other success. I think for example switzerland may have this requirement for new immigrants - if i recall correctly
Be careful if you intend to live in Northern Cyprus and naturalize as a Cyprus Citizen, because the immigration service is run by the Turkish republic, you're going to have a huge headache trying to prove the residency length for naturalization.
In Spain, they say they will give citizenship for 2years legal resident to former colony, my country Philippines is included. I think of DNV to have the 3 yr residency but when i look for the tax is to high for me so I am thinking twice
Cyprus has been on my radar for the past year or two. It is not the perfect scenario, but it is the closest that I've been able to find for my criteria. I don't feel it is worth spending the better of a quarter million on a CBI, so trading time on the ground makes much more sense. I've spent too many years in crappy places, so spending even a few more years in a hole is just not worth it. Mediterranean islands would seem to check the "non-crappy place box" nicely. My business is continuing to grow, so I want that time on the ground to come with a low rate of tax. Not zero necessarily, but very low double digits. I am stuck with my home country wetting it's beak on my business income either way, so zero tax is less important than tax treaties and an integrated system. Though a little convoluted, Cyprus seems to offer some good opportunities in tax planning. With N.C. and others now making videos about it, I'm hoping the prices don't start to run up before I've planted a flag!
You mention taxes in France, I thought France respected both a US Traditional IRA and a Roth IRA and due to the tax treaty if you were/are taxed in the US you weren't taxed in France?
Hey there. I don't wanna clog up Andrew's comments but I'm on that path you're talking about so researched this pretty heavy. In a nutshell the US and France BOTH make you file a tax return-they both want to know your worldwide income. This is only if you stay in France over 183+/- days and become a "tax resident" do you trigger that. You would only actually PAY French taxes if you earn money from a French job/business or whatever-money from outside France initially won't be an issue-but you still have to FILE with them. And of course you file, first, with the US the rest of your life unless you give up the citizenship. In terms of what you actually would pay in real life when all the dust settles, I suggest google on these phrases "Foreign Tax Credit" "Foreign earned income exclusion" in general. But I THINK IRAs probably are taxed if you're a resident of France, but you could use the tax credit.
@@BobKnight-mm2ze I was aware of the need to file in both countries and that there are additional forms you have to submit to FinCEN if you have a foreign bank account. I was more concerned with how France treats distributions from a traditional IRA and a Roth IRA. Since France is one of only 5 countries that honors the Roth, it was my understanding that France respects the tax free nature of the Roth. And further, a distribution from a traditional IRA and are taxed in the US, you don't pay taxes in France. Regardless, you still need to file taxes with both countries.
Could one live three years with residency via the digital nomad visa (renewing it for two years after the first year is up) and apply for Cypriot citizenship after those three years? Let's assume the digital nomad has a university degree and successfully learns Greek.
I know it's been a while since you asked. But I'm researching this too. The DN visa I think makes you eligible to get a "Temporary Permanent Resident" TPR, and you're really not in the tax system if you stay for LESS than 183 days out of the year. It's assuming a person is coming and going. So by not being a "resident" you're not on the path to to citizenship. I don't know this, but if one does stay on this visa the amount of time to be a resident, it might work. But I feel, they would ask you to change your status if you put in that much time. (You didn't ask, but the DN, is probably ideal for people who want to get 2 months of Cyprus time a year, so they can make it their tax base. There's a 17 year tax deal you can apply for.) And I think with the DN visa one has to show proof of 3500 Euros a month. On the other hand, the "Category F" path does imply working towards being there as a tax resident and might be a citizenship path. And maybe the monthly amount you have to prove is only around 2000 Euros.
Was wondering about this too. We're you able to find any info on this? I know one has to be employed by a company of foreign interest... With a 2500 euro salary minimum. But unsure of the digital nomad visa will suffice as a residence permit for a year or two at least.
@@FrozenSkyy I actually spoke with an immigration attorney in Cyprus. For one, the digital nomad visa is practically impossible to get since it was capped at 500. I think all of those have been issued, but I'm not completely certain of that. You could also live in Cyprus on the "pink slip" residency permit if you make a minimum of 2500 Euros monthly that is paid to you from outside the country. Working for a foreign company is okay, as long as you meet the salary requirement. However, he told me that in order to become a citizen via the 3 year route, you need to work for a Cypriot company. You can't move to Cyprus on the "pink slip" visa, learn Greek and become a citizen in three years. Maybe the requirement that you need to work for a Cypriot company to become a citizen in three years doesn't apply to the digital nomad visa, but I have my doubts. Also, one's chances of obtaining that visa are slim.
Yes we do. Although it is complex whether or not foreigners who get naturalised have to serve. Last I heard, if you were naturalised through the.investment route, then you would be exempt.
With populations in many European countries having reached a downward inflection point, I would think they would want more immigration, particularly by ancestry.
The "highly skilled professional" category is a STEM-focused fast-track to the EU's Blue Card. Speaking from experience. A bachelor's degree also probably won't be sufficient, depending on the country. A Masters is more likely to get you in the door. Also, they do check to see if your degree is from a legitimate university. They have a thick book where they look it up. If you have a diploma-mill degree, you'll probably not get in, either.
They have to give naturalization decision in CY within 8 months? That’s not a factual info. I have several friends, who applied and still waiting, ranging from 10 to 25 months and still no decision. It is pretty normal, waiting for 2-3 years after applying. Bureaucracy is worse than Panama.
All European countries have national military service. And this since ever. Do you Americans really think we European countries don’t have military or national military service? And yes, should we end up in war, men need to fight for their country and do their military duty.
Hi. I am a US citizen (retired) and would like to buy a Condo / an apartment in Switzerland and use that as my place of residence whenever I visit Switzerland on a Schengen visa. I understand that the max I can stay there is 89+89 days each year with a 91 day gap. I hear that being a non Euro citizen, buying a home in Switzerland is not allowed or is very difficult. Can you please do a vlog on this topic on acquiring a residence in Switzerland as a non EU person. Thanks!
Great video. Just a clarifying question, in order to qualify for the 3-year program, do you have to have a source of monthly income/employment or would having a substantial amount in savings/investments be sufficient?
I'll make it easy for people - IF you have money (like millions $$), it's the only passport you need. But if you do want another passport, your money will be the passport to any passport anywhere in the world.
Greek is a completely different language. Portuguese and Italian yes of course. Also Romanian and French have a lot of linguistic similarities. But Greek? Spanish has more Arabic influence than Greek.
I guess I could just get my naturalised passport since I'm half Cypriot and haven't got a degree. I haven't done it since the bureaucracy. It's usually very, very slow and unresponsive.
As an investor, you can pay a lump sum to get naturalized in one of these tiny European nations. However, coping with the cumbersome red tape specifically tax implication has been one of the exigent caveats of moving there.
Andrew, love your videos. I just need to RENEW my residency. I'm outta here. I obtained my residency in Malta on their induction and celebration into the EU. I was there when they needed more people to contribute to the economic expansion and growth.
Well u dont have to stay the whole time in a place that u are tax resident of. For Cyprus is can even be as little as 60 days if you meet the right requirements...Same for Dubai for example...
@@CH-yp5by l agree, a great place to visit, l've explored both sides of the island but l couldn't live there. Malta is another interesting island nation but way too small for permanent residence, but it depends on what you're looking for.
He is just making an example since France have 1 of the highest taxations in the world. He could also mention the Netherlands or Spain or Canada whatever...
Does one need to work for a large MNC in order to qualify for this? I'm a solo entrepreneur (futures trader), and if I move to Cyprus on a Golden visa (through 300k property purchase), would I qualify for this in 3/4 years?
I'm also open to start a new Cyprus company / US LLC and make myself an employee of that company if that will help? I have a Masters from a reputed UK university, and over 20 years work experience.
Well, you just have to apply for a visa, you're not restricted from traveling to the US. And if you already have another passport, you can use that one instead.
I’m trying to get my Portuguese passport by descent. Is it true that I have to take a test to prove I speak the language, just to receive the passport?
Violence, violence, violence...no rule of law, rights and freedoms (except for guns) being eliminated by the day. 2 presidential candidates who are both an absolute joke. Life expectency on a dramatic decline....I have a privileged situation, but it is dysropian here. I can afford to leave, most people can't.
It depends on your native language or other known languages. The US State Dept lists it as 3 out of 4 on the difficulty scale, with 4 being Japanese, Mandarin, Arabic, etc.
Two of the main challenges with Greek are learning the alphabet and getting used to the three genders, but it's a charming language, and, if you're determined, you'll be fine.
Make a video about the most convenient countries. Im in Europe and im surprised by how uncomfortable it is here, surprisingly many "developing" countries have been much better
Andrew ...Serbia is EU yet but i believe Serbia will be EU. Three years in Serbia and i also believe you need to be there 183 days. What do you say that?
hispanics can get it in 2 years in spain and become europeans faster, i need the nomad visa to move there from ecuador and be a real person and not a 3rd world country sad man...i just need 2600 usd per month with my marketing agency
The 2 years is correct but the processing time took a lot longer after that. Like 18 - 20 months for us. And Spain taxes worldwide income at one of the highest rates in the EU with very few exemptions or exceptions.
What are you talking about "real person"? 😅 I am British and lived in Spain for under a year mostly Barcelona. If I was you; work, save, invest and build a nice life in a peaceful area of Latin America. Spain has other additional issues...
Comes up a lot for certain EU paths, it seems to me more of a qualification or verification that a person is "professional." I forget, but I think Bill Gates, Jobs and Zuckerberg all dropped out and somehow "made it" in life. But, also, not everybody is gonna be one of those guys.
I came to know that we are eligible to apply for a PR in Hungary if we reside there for 3 years. Is Hungarian language mandatory to apply for PR after 3 years? Can someone answer this ?
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Language requirement is so archaic but great video tysm.
Q1@@VirtousStoic
@ce5807 doesn't matter I don't care to learn any languages, but this is a great citizenship path for those that want to learn. I already googled that requirement u will asked to describe pictures and stuff in greek
And my comment wasn't against the channel, it's against cyprus. It's an archaic dinosaur requirement to care about language. If we invest in their economy that's more than enough
@@VirtousStoicYou’re kidding, right?
Citizenship isn’t just about money. There’s a reason why people are falling all over themselves trying to get in to some of these places - it’s cause they already have money.
How about a little patriotism, loyalty, culture, homogeneity.
We don’t all want our countries turned into birmingham, miami, malmo, & marseille..
You can do the same thing in Peru. Buy a place (less than $80k USD), register a Peruvian company to the address (takes less than 3 weeks), get yourself a business visa as the director of that company and boom. At year 3, if you can speak the language (Spanish) and show a connection to the country (that property), citizenship.
What best sites to buy property in Peru?
doesn't peru just give it in 2 years like Argentina?
@@ywueeee Need to be able to show 'ties to the country' and speak Spanish. Ties to the country can be a property or a spouse, among other things. But personally, I'd take a property over a spouse 🤷♂🤣
But there is some minimum stay in the country required , or you can just set the property and the company and forget about it for a couple of years and then apply for the citizenship ?
@@amirbenomar5207 no minimum stay for buying real estate in Perú. Can do it on a tourist visa. 2 years in the country on something like a student visa studying Spanish, plus able to show a connection to the country (I.e owning a property) and boom - permanent residency / citizenship.
If you’ve completed two years of higher education in France, the five-year residency obligation is reduced to two years (including all-in-English classes schools).
So in some cases becoming a French / EU resident can even take less than 3 years.
As a resident of France, I wonder if things are really so bad elsewhere that people wish to obtain a European citizenship? This is like trying to board the Titanic before it hits the iceberg 🙂.
Short answer-yes things are “that bad” in other countries. No place is perfect.
they come desguised as refugees but they are instead soldiers in armies or soldiers of fortune,from africa and who else knows where , remember when merkel gave the green light for "doctors and engineers " and then they started raping ,plundering and killing European citizens ?
An EU passport is worth it's weight in gold for those from poorer Asian countries. Most of their passports are weak af.
After getting it, one could always live somewhere else afterwards
Is France that bad? I'm not educated on French or even general European politics. We're dealing with our own circus here in the US and I thought about moving to France. Care to share your own insight?
@@carlorielmendez6505 a passport weights roughly 70 grams, which amounts to about 5k dollars atm. That is pretty cheap for an european passport
Awesome video about Cyprus citizenship! Your videos and content get better every video, I like the flags and the letter highlighting for new neat effects. Thank You Nomad Capitalist!
I live in Cyprus 20 years I came when I was 5 years old went to school and I applied for citizenship 3 years ago. No response yet. So good joke for 8 months. All the people I know never got in 8 months. People laugh and say minimum 4 years you wait...
Depends who you know :)
@@ChristophFluriHeckenbuecker I must agree, even though I am not from Cyprus.
In live in Portugal, and in here “who you know” are basically lawyers.
Do you have a stable income of at least 2500 per month?
you need to pay EUR 5K for an accelerated examination, not exceeding 8 months, while being 'highly qualified'
Can I get citizenship in b5 years in Portugal if I have language proficiency of A2 level@@bjojosimpson
Also in Germany you have the option to get citizenship in 3 years. You have to have advanced German language skills (C1). And also to consider the very high taxes
But then you have to wait 2 more in the paper work :D
But is German C1 enough to prove our integration?? I heard we need to be serving or contribute to society by doing some free work. I'm very confused
No wonder your country is looking like a circus
@PassportBachelor so true. Also for Germany they have actual "integration classes." It's been about 2 months since I checked, but I think they're about 700-1000 hours, and that's supposed to literally document how integrated you are--or at least informed about the country, not how many dinners with friends you've had.
But Germany 🇩🇪 you don’t have to pay that much taxes on your cryptocurrency though.
There’s a faster way. You just enter the eu, throw away your passport, walk into one of the richest countries and claim a Florida gator 🐊 ate your passport on your way in. You also had a nasty common cold which made you lose memory of your country of origin.
They’ll accept it and house you and clothe you and make you a resident in due time. But do it fast, time is running out!
I'm not sure.....time doesn't doesn't seem to be running out on that route! 😅
Free room and board hell yeah
@@infiad1275 Hhahahaha. Kinda makes you feel that way because it has been going on for years, although r-wing political groups have been gaining more popularity as of late.
@@Jackson-e4k From a reliable source, free enough to demand you want a high-end phone brand and threaten not to go to your classes that will make integration easier.
Then go ahead and do that, brah. Put your money where your mouth is...unless you're just all talk like a lot of others lol
It is minimum 3 years (365*3) out of period 10 years + 12 months when you can’t leave the Cyprus for more than 90 days + 8 months processing time. So in total it would be around 5 years before you will get your passport.
Most likely longer given the "siga siga" mentality of the Cypriots.
@@KyleBell-le1oe No, 8 months is in case of additionally paid processing of the application so it is guaranteed, without payment it is siga-siga of course
@@olgabaranova975what payment? My friend has lived in CY since 2004, applied for naturalization 16 months ago, no decision as yet. And I know several people who naturalized, who waited for 3-4 years after naturalization filing. Pay who? He can’t find who to pay 😂
Cyprus had a bail-in yrs ago and people lost money to the govt. No way!
Moving to a country for a passport does not require that you move all of your wealth to that country.
US also but they hiding it😮
@@patrick1992they emptied residents personal bank accounts in Cyprus I think us would give warning
You miss the whole point of having multiple citizenships with this comment
Parking a significant amount of cash in a domestic bank (or any bank for that matter) is a lazy, late 20th century practice. Why would anyone make themselves that easy for bureaucrats and other official thieves to attack when they've so clearly and recently demonstrated their intent?
If at least one of your great great grandparents or closer is Irish, you can potentially reduce 5 to 3 if you also relocate. Subject to ministerial discretion. Living there minimum 3 years is viewed as prima facie adequate connection to Ireland and Irish state.
An Irish grandparent or nearer is instant and no need to reside.
The advantage of more distant Irish grandparents is often overlooked when combined with residence.
Very hard to prove once you get to great-great grandparents. I do. But I don’t have the documents
@@Garcia061 I just ordered the docs from Irish Family History Centre as it happens. Pretty comprehensive public records.
I believe if it’s just grandparents, you don’t even need any years as I know one man who did that who was American but research it first
@@enjoystraveling yes that’s correct. That’s just citizenship by right, as I said.
@@steve7445 Thanks for the clarifications. I looked into this years ago, and understood that grandparent was the cut-off, and something like 1400 days stay in-country (but I might be mixing that up). And I seem to remember the your distant relative had to be FROM Ireland, and in their registry there, and not for example, an Irish person born in the US? But I hope you get those 2 years knocked off.
In Spain, if you come from a Spanish-speaking country, you can obtain citizenship in just two years
Ibero-American so it includes Brazil. Have to be a natural born citizen/national. Includes Puerto Rico.
Puerto Rican too... but have to be born there? Not sure if this extends to Philippines/ Guam; that should count as former Spanish empire too.
For Philpines its just one year.
Yes have to be born there.@@AsusMemopad-us5lk
@@alanjones6071 Wrong still 2years and in reality it will take you more than that, realistically it would 2.5 years for you to process all the requirements and stuff
I would question the wisdom of moving to a country with a large amount of wealth, when the country you are moving to has had bail ins of all of their banks.
On 25 March 2013, a €10 billion international bailout by the Eurogroup, European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) was announced, in return for Cyprus agreeing to close the country's second-largest bank, the Cyprus Popular Bank (also known as Laiki Bank), imposing a one-time bank deposit levy on all uninsured deposits there, and seizing possibly around 48% of uninsured deposits in the Bank of Cyprus .
If they can do it before, they can do it again. Particularly if we experience a world wide economic depression, which would appear to be not only possible, but probable in the near future.
No need to keep your money in Cyprus to get residence or citizenship and you shouldn't especially if you leave there. You should never keep your money where you live anyway.
Also the haircut was not only because of the economy but for geopolitical reasons as well. There is more eyes and regulations on banks than before, so you cannot have the same ploy twice
@@CLOUD-hb9dy what countries would you recommend to keep money in?
@@gavnonadoroge3092 Singapore, UAE, USA, Luxembourg, Andorra maybe
I would like to add a very important note here, when you talked, for example, about Ireland that you can become an Irish citizen in 5 years time, well, technically, from my experience and all my friends' experiences, the 5-year residence requirement is when you can apply for a certain EU citizenship, but it will take minimally from one year to a year and a half to get naturalized when applying for the citizenship, however, the average naturalization processing time in EU is 20 months to 23 months, in this case and realistically, it is not 5 years, it is 7 years.
Any citizenship timeline includes the quoted time plus the application time. The last Ireland case we saw took about one year to be approved and for the person to attend the ceremony.
I've been thinking three months in Antalya, three months in Paphos Cyprus, and three months to either Saudi Arabia and Yemen. Yes am crazy, lol, but I think it is crazier being in America. Let the "captain" go down with the ship.
Wow. Didn't know Andrew didn't have a uni degree. Guys still a massive success.
It's kind of the point
Degrees usually don't lead to success. I have two of which I never use. I make better money using skills not acquired in schooling
@@cronoscoin417 You have "a particular set of skills" ?
Don’t some countries have a University degree as a requirement for residency/citizenship? I wonder if he would be limited by that. Or if they overlook it if you are a business/other success. I think for example switzerland may have this requirement for new immigrants - if i recall correctly
A degree isn't needed for swindling
As little as 3 years. Are you pulling my leg. That's a long time, PLUS I cannot wait to get rid of my EU citizenship. Am I wrong?
depends on your current EU citizenship and what you are aiming for in exchange.
@@rivenoak i can move to any country within the eu, so current eu citizenship don't matter.
? Weird one i mean just emigrate from EU, no EU country can hunt you down like USA for taxes. Dont understand your problem
I’ll take it if you want to get rid of it
Give your European citizenship to me. I will be glad taking it lol
Be careful if you intend to live in Northern Cyprus and naturalize as a Cyprus Citizen, because the immigration service is run by the Turkish republic, you're going to have a huge headache trying to prove the residency length for naturalization.
In Spain, they say they will give citizenship for 2years legal resident to former colony, my country Philippines is included. I think of DNV to have the 3 yr residency but when i look for the tax is to high for me so I am thinking twice
Cyprus has been on my radar for the past year or two. It is not the perfect scenario, but it is the closest that I've been able to find for my criteria. I don't feel it is worth spending the better of a quarter million on a CBI, so trading time on the ground makes much more sense. I've spent too many years in crappy places, so spending even a few more years in a hole is just not worth it. Mediterranean islands would seem to check the "non-crappy place box" nicely.
My business is continuing to grow, so I want that time on the ground to come with a low rate of tax. Not zero necessarily, but very low double digits. I am stuck with my home country wetting it's beak on my business income either way, so zero tax is less important than tax treaties and an integrated system. Though a little convoluted, Cyprus seems to offer some good opportunities in tax planning.
With N.C. and others now making videos about it, I'm hoping the prices don't start to run up before I've planted a flag!
Learning Greek is a huge hurdle.
You mention taxes in France, I thought France respected both a US Traditional IRA and a Roth IRA and due to the tax treaty if you were/are taxed in the US you weren't taxed in France?
Hey there. I don't wanna clog up Andrew's comments but I'm on that path you're talking about so researched this pretty heavy. In a nutshell the US and France BOTH make you file a tax return-they both want to know your worldwide income. This is only if you stay in France over 183+/- days and become a "tax resident" do you trigger that. You would only actually PAY French taxes if you earn money from a French job/business or whatever-money from outside France initially won't be an issue-but you still have to FILE with them. And of course you file, first, with the US the rest of your life unless you give up the citizenship.
In terms of what you actually would pay in real life when all the dust settles, I suggest google on these phrases "Foreign Tax Credit" "Foreign earned income exclusion" in general. But I THINK IRAs probably are taxed if you're a resident of France, but you could use the tax credit.
@@BobKnight-mm2ze I was aware of the need to file in both countries and that there are additional forms you have to submit to FinCEN if you have a foreign bank account. I was more concerned with how France treats distributions from a traditional IRA and a Roth IRA. Since France is one of only 5 countries that honors the Roth, it was my understanding that France respects the tax free nature of the Roth. And further, a distribution from a traditional IRA and are taxed in the US, you don't pay taxes in France. Regardless, you still need to file taxes with both countries.
@@rtj6874 Good luck.
Could one live three years with residency via the digital nomad visa (renewing it for two years after the first year is up) and apply for Cypriot citizenship after those three years? Let's assume the digital nomad has a university degree and successfully learns Greek.
I know it's been a while since you asked. But I'm researching this too. The DN visa I think makes you eligible to get a "Temporary Permanent Resident" TPR, and you're really not in the tax system if you stay for LESS than 183 days out of the year. It's assuming a person is coming and going. So by not being a "resident" you're not on the path to to citizenship. I don't know this, but if one does stay on this visa the amount of time to be a resident, it might work. But I feel, they would ask you to change your status if you put in that much time.
(You didn't ask, but the DN, is probably ideal for people who want to get 2 months of Cyprus time a year, so they can make it their tax base. There's a 17 year tax deal you can apply for.)
And I think with the DN visa one has to show proof of 3500 Euros a month. On the other hand, the "Category F" path does imply working towards being there as a tax resident and might be a citizenship path. And maybe the monthly amount you have to prove is only around 2000 Euros.
Was wondering about this too. We're you able to find any info on this? I know one has to be employed by a company of foreign interest... With a 2500 euro salary minimum. But unsure of the digital nomad visa will suffice as a residence permit for a year or two at least.
@@FrozenSkyy I actually spoke with an immigration attorney in Cyprus. For one, the digital nomad visa is practically impossible to get since it was capped at 500. I think all of those have been issued, but I'm not completely certain of that. You could also live in Cyprus on the "pink slip" residency permit if you make a minimum of 2500 Euros monthly that is paid to you from outside the country. Working for a foreign company is okay, as long as you meet the salary requirement. However, he told me that in order to become a citizen via the 3 year route, you need to work for a Cypriot company. You can't move to Cyprus on the "pink slip" visa, learn Greek and become a citizen in three years. Maybe the requirement that you need to work for a Cypriot company to become a citizen in three years doesn't apply to the digital nomad visa, but I have my doubts. Also, one's chances of obtaining that visa are slim.
Do Cypriot citizens have compulsory military service or am I wrong? It's a significant point.
Yes we do. Although it is complex whether or not foreigners who get naturalised have to serve. Last I heard, if you were naturalised through the.investment route, then you would be exempt.
With populations in many European countries having reached a downward inflection point, I would think they would want more immigration, particularly by ancestry.
Would this mean that one has to do military service after getting the citizenship?
It's looking more likely.
The "highly skilled professional" category is a STEM-focused fast-track to the EU's Blue Card. Speaking from experience. A bachelor's degree also probably won't be sufficient, depending on the country. A Masters is more likely to get you in the door. Also, they do check to see if your degree is from a legitimate university. They have a thick book where they look it up. If you have a diploma-mill degree, you'll probably not get in, either.
They have to give naturalization decision in CY within 8 months? That’s not a factual info. I have several friends, who applied and still waiting, ranging from 10 to 25 months and still no decision. It is pretty normal, waiting for 2-3 years after applying. Bureaucracy is worse than Panama.
Just got my initial D-8 residence card in Portugal over the weekend. Pretty wild that a country is doing it under 5 years.
Greetings from Kigali Rwanda
How's life there..?
I thought of getting a back hand residence there
@@itravelnvlog5907Rwanda 🇷🇼 is beautiful clean safe love it
Don't come to Europe conscription is common
Thanks for doing this video😀
Avoid EU passports. National service and forced conscriptions coming soon.
Are there age restrictions to this? If you're 35+ yrs old?
@@irvingflores4137 Looking at the Ukraine example and a common sense approach, they'd want all men to enlist.
@@abu_muhammad fair enough
Even UK.
All European countries have national military service. And this since ever. Do you Americans really think we European countries don’t have military or national military service? And yes, should we end up in war, men need to fight for their country and do their military duty.
You are the Baskin-Robbins of nomad capitalism.
He is also an African passport holder.
Africa is for africans. Idi Amin Dada
Interesting, thank you Andrew
Glad you enjoyed it
Hi. I am a US citizen (retired) and would like to buy a Condo / an apartment in Switzerland and use that as my place of residence whenever I visit Switzerland on a Schengen visa. I understand that the max I can stay there is 89+89 days each year with a 91 day gap. I hear that being a non Euro citizen, buying a home in Switzerland is not allowed or is very difficult. Can you please do a vlog on this topic on acquiring a residence in Switzerland as a non EU person. Thanks!
You can read our blog about it: nomadcapitalist.com/global-citizen/how-to-get-swiss-residence/
@@nomadcapitalist -Thank you Sir!
Great video. Just a clarifying question, in order to qualify for the 3-year program, do you have to have a source of monthly income/employment or would having a substantial amount in savings/investments be sufficient?
Thanks for watching! For personalized advice, please reach out to us here: nomadcapitalist.com/apply/
Can't Cypriot citizens still travel to the US? I did a quick search and it sounds like they can but they just need a passport.
yes you can. You just need visa
I'll make it easy for people - IF you have money (like millions $$), it's the only passport you need. But if you do want another passport, your money will be the passport to any passport anywhere in the world.
This man is a genius!
This is a great option for Spanish speakers, we can comprehend Greek, Portuguese, and Italian much quicker than most.
Greek is a completely different language. Portuguese and Italian yes of course. Also Romanian and French have a lot of linguistic similarities. But Greek? Spanish has more Arabic influence than Greek.
I speak French and Spanish and can find no connection to Greek…
Not really. I speak Spanish, Italian, French, and a little Portuguese, and I don't understand a word of Greek
Are you slow queen
Greek? lol
I guess I could just get my naturalised passport since I'm half Cypriot and haven't got a degree. I haven't done it since the bureaucracy. It's usually very, very slow and unresponsive.
How many days in country during 3 yrs?
As an investor, you can pay a lump sum to get naturalized in one of these tiny European nations. However, coping with the cumbersome red tape specifically tax implication has been one of the exigent caveats of moving there.
Why did you choose Bogota over Panama City?
Because of the lifestyle and the other opportunities it offers. You can see all about it here: ruclips.net/video/2T_LFhCYsDc/видео.html
Weather?
I speak Greek but can I still apply with my monthly retirement income even though I don’t have the university degree
The UK has cultural integration requirement???
Have you been to the UK recently? 😅
Do you have any information and or an opinion on South Korea.
This video does: ruclips.net/video/jCLwtBx-Ot8/видео.html
Allows dual citizenship after age 65... if you are of Korean background. Updates?
Andrew, love your videos. I just need to RENEW my residency. I'm outta here. I obtained my residency in Malta on their induction and celebration into the EU. I was there when they needed more people to contribute to the economic expansion and growth.
isn't malta 18 months?
With a donation, yes. By naturalization, no.
Its a fun place to be a tourist for a short time but it would get boring to live there after a while.
Well u dont have to stay the whole time in a place that u are tax resident of. For Cyprus is can even be as little as 60 days if you meet the right requirements...Same for Dubai for example...
@@CH-yp5by l agree, a great place to visit, l've explored both sides of the island but l couldn't live there. Malta is another interesting island nation but way too small for permanent residence, but it depends on what you're looking for.
I don't understand your take on France tax out of nowhere. Can you elaborate?
He is just making an example since France have 1 of the highest taxations in the world. He could also mention the Netherlands or Spain or Canada whatever...
Does one need to work for a large MNC in order to qualify for this? I'm a solo entrepreneur (futures trader), and if I move to Cyprus on a Golden visa (through 300k property purchase), would I qualify for this in 3/4 years?
I'm also open to start a new Cyprus company / US LLC and make myself an employee of that company if that will help?
I have a Masters from a reputed UK university, and over 20 years work experience.
U can’t travel to USA?
Well, you just have to apply for a visa, you're not restricted from traveling to the US. And if you already have another passport, you can use that one instead.
I’m trying to get my Portuguese passport by descent.
Is it true that I have to take a test to prove I speak the language, just to receive the passport?
Depends if it's via your parents or grandparents
what defines a normal salary? What if I pay myself 5 million USD per year?
Violence, violence, violence...no rule of law, rights and freedoms (except for guns) being eliminated by the day. 2 presidential candidates who are both an absolute joke. Life expectency on a dramatic decline....I have a privileged situation, but it is dysropian here. I can afford to leave, most people can't.
Andrew, please comment on living in Barbados in a podcast, thank you.
We have talked about it in this video, hope it helps: ruclips.net/video/Mu0n8L9FOcA/видео.html
Is German 3 year citizenship realistic?? What if we have C1 German?? Will it be enough?
How hard is it to learn to speak Greek?
It depends on your native language or other known languages. The US State Dept lists it as 3 out of 4 on the difficulty scale, with 4 being Japanese, Mandarin, Arabic, etc.
@@Johnnie-d9bis turkey acquiring them??
@@Johnnie-d9bha ha sen Türksün galiba.😂
Two of the main challenges with Greek are learning the alphabet and getting used to the three genders, but it's a charming language, and, if you're determined, you'll be fine.
Make a video about the most convenient countries. Im in Europe and im surprised by how uncomfortable it is here, surprisingly many "developing" countries have been much better
Spain’s fast track for ibero-American citizens has entered the chat
Andrew ...Serbia is EU yet but i believe Serbia will be EU. Three years in Serbia and i also believe you need to be there 183 days. What do you say that?
I'm not sure about Serbia, seems to be a troublesome country including being pro-Russia. The EU won't want another Hungary in their midst.
Greetings from The Gambia
Andrew, it's time for a video from you on the recent European elections & soon to be radical changes in EU policies because of it.
hispanics can get it in 2 years in spain and become europeans faster, i need the nomad visa to move there from ecuador and be a real person and not a 3rd world country sad man...i just need 2600 usd per month with my marketing agency
The 2 years is correct but the processing time took a lot longer after that. Like 18 - 20 months for us. And Spain taxes worldwide income at one of the highest rates in the EU with very few exemptions or exceptions.
What are you talking about "real person"? 😅 I am British and lived in Spain for under a year mostly Barcelona. If I was you; work, save, invest and build a nice life in a peaceful area of Latin America. Spain has other additional issues...
@Garcia061 Which is why some Americans give up their citizenship when they find a citizenship with more tax freedom than their US one
Interesting! Thank you for the review)
Thanks for watching!
One thing you may need to consider if you have children is the mandatory national service for all citizens at age 18.
Andrew, in light of recent events, the only safe country in Europe is Abkhazia. Tell us, what do you think about Sukhumi's tax policy?
U r wearing the same sweatshirt n white color shirt as in the last video
The fastest in Europe is the Spanish citizenship for citizens of former colonies, e.g. Philippines
Yeah by natural way it is but good luck with the Spanish taxes...
Maybe Cyprus will bail in your money.
Damn the university degree is odd :/
Comes up a lot for certain EU paths, it seems to me more of a qualification or verification that a person is "professional." I forget, but I think Bill Gates, Jobs and Zuckerberg all dropped out and somehow "made it" in life. But, also, not everybody is gonna be one of those guys.
I came to know that we are eligible to apply for a PR in Hungary if we reside there for 3 years. Is Hungarian language mandatory to apply for PR after 3 years? Can someone answer this ?
Greetings from Nigeria
Yea move to a country with a DMZ, no thanks...
Have i missed or you never about required money
spain has 2 years if you are ibero american
the floor is 2 if you are born im ibero america..
I reckon bribery works even faster....just having fun.
B1 level of Greek!? Good luck! :)
This is interesting.
Love from 🇮🇳🤍
Learn Greek? No problem, I study a bunch of other languages just for fun. Now I just need to find a profession and a degree haha.
Crazy to get an EU passport at this time in history. Military conscription will be mandatory soon.
Germany will Do also
It's done already and goes into effect in July 2024
But will German C1 be enough to get it in 3 years?
Andrew didn't go to college either? It's true, all the greats don't complete college 😄
Learning Greek is not easy.
η εκμάθηση των ελληνικών είναι πολύ εύκολη. μετά βίας μια ταλαιπωρία.
I would never go to Europe!
9% tax is insane. We need to stop the super rich avoiding tax, seriously.
You don't have to be "super rich" to qualify for those tax rates.
🇮🇳🙏💪
Mexico Latin America >>> Europe
Ahhhh, Europe is fked, no thanks
Horrible jurisdiction!!!
👉In America you can arrive through the Southern Border and skip all the paperwork AND get our $$$!
America no language requirements. So foreigners say you must speak their language.
Cyprus sucks
Illegal immigrants seem to get citizenship immediately.
Wich wealty Person wants to go to Europe? 😂
There's a lot of opportunities with a low risk to reward ratio in comparison to some other corrupt regimes, to be fair