Europe’s New Fastest Citizenship
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- Опубліковано 27 чер 2024
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In this video, we'll dive into the exciting opportunity that allows you to become a European citizen in as little as three years. We'll discuss the specific requirements, including the need to learn Greek and be a professional with a steady income, as well as the benefits of Cyprus's favorable tax regime under their non-domiciled program.
00:00 Start
1:50 Cyprus Naturalization Law Update
3:50 Comparison with Other Countries
4:48 Misconceptions and Misinformation
5:16 Requirements to Qualify
7:34 Cyprus's Non-Domiciled Tax Program
10:46 Alternative Citizenship Options
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Do you want a free passport from a Latin American country: ua-cam.com/video/PCWVk7YIqyY/v-deo.html
Language requirement is so archaic but great video tysm.
Q1@@Car_Fanatic
@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
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?
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
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.
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?
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
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?
Thanks for doing this video😀
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
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?
Interesting! Thank you for the review)
Thanks for watching!
Interesting, thank you Andrew
Glad you enjoyed it
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.
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.
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.
What are the official and unspoken age limit for professionals, holding recognized degrees, and is there a professional license reciprocity process for fields like architecture or engineering? What happens to married couples that both have professional degrees and are licensed in their home country? Assuming the language requirements are met.
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
With populations in many European countries having reached a downward inflection point, I would think they would want more immigration, particularly by ancestry.
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.
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
This is interesting.
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!
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.
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.
You are the Baskin-Robbins of nomad capitalism.
He is also an African passport holder.
Africa is for africans. Idi Amin Dada
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 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.
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.
Would this mean that one has to do military service after getting the citizenship?
It's looking more likely.
How many days in country during 3 yrs?
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
then make you a soldier in the east front, soon!
@@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.
@@thedrj2009 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.
Andrew, please comment on living in Barbados in a podcast, thank you.
We have talked about it in this video, hope it helps: ua-cam.com/video/Mu0n8L9FOcA/v-deo.html
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.
U r wearing the same sweatshirt n white color shirt as in the last video
I speak Greek but can I still apply with my monthly retirement income even though I don’t have the university degree
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.
Learning Greek is a huge hurdle.
Greetings from The Gambia
Do you have any information and or an opinion on South Korea.
This video does: ua-cam.com/video/jCLwtBx-Ot8/v-deo.html
Allows dual citizenship after age 65... if you are of Korean background. Updates?
B1 is not "more than conversational". It's conversational. And not on a high level. If you want to be able to do more than stutter your way through basic life task, you need to be on a B1 level. It's an easy level to get to and the easiest to stay on.
except Greek is not an easy language.
@@SenorJuan2023 That's true. But if you have an incentive (translating to motivation), it is still the best level to get to with the least frustrations. Above, it can get very daunting. Below, it usually is when people don't really want to learn but have to.
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
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
Yea move to a country with a DMZ, no thanks...
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.
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
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.
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.
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.
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.
Is German 3 year citizenship realistic?? What if we have C1 German?? Will it be enough?
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: ua-cam.com/video/2T_LFhCYsDc/v-deo.html
Weather?
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
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!
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.
isn't malta 18 months?
With a donation, yes. By naturalization, no.
B1 level of Greek!? Good luck! :)
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...
Greetings from Nigeria
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
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?
Maybe Cyprus will bail in your money.
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...
spain has 2 years if you are ibero american
the floor is 2 if you are born im ibero america..
Love from 🇮🇳🤍
The UK has cultural integration requirement???
Have you been to the UK recently? 😅
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.
Don’t bother wasting time on Greek. Learn Turkish instead. That is what people in the current “Greece” and “south Cyprus” and “armenia” will be speaking.
@@user-uq4qe2om5yis turkey acquiring them??
@@user-uq4qe2om5yha 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.
I reckon bribery works even faster....just having fun.
U can’t travel to USA?
Crazy to get an EU passport at this time in history. Military conscription will be mandatory soon.
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.
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.
America no language requirements. So foreigners say you must speak their language.
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.
Andrew didn't go to college either? It's true, all the greats don't complete college 😄
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?
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.
🇮🇳🙏💪
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.
👉In America you can arrive through the Southern Border and skip all the paperwork AND get our $$$!
Mexico Latin America >>> Europe
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
Horrible jurisdiction!!!
Ahhhh, Europe is fked, no thanks
Cyprus sucks
Illegal immigrants seem to get citizenship immediately.
Andrew, Cyprus is Turkish - all of it - and that will be recognized as time goes on and Turkiye asserts itself appropriately. Within three more generations, south Cyprus, the Greek islands, and “armenia” will all be peacefully annexed into Turkiye, in sha Allah.
Where does it put Cypriots or half Cypriots like me, I haven't got my passport from there yet, the bureaucracy puts me off? Maybe I should try to get it before it becomes Turkish!
Bro you are like my friend with the Ottoman talk 😂 Turkiye is under NATO, keep your expectations realistic lol
Cyprus ? Armenia ??? A true real patriot would never set limitations on his home country's boarders....