
Czechia: Hidden Citizenship-by-Descent Gem? New Data Suggests So
For the purposes of Czech Section 31(3), investment migration professionals should screen clients who may have Central European ancestry, writes Parviz Malakouti and Samuel Durovcik.
The Czech Republic offers a two-year, renewable residence permit for investment to third-country entrepreneurs who plan a “significant investment” and to executives of companies pursuing similar investment plans.
Applicants must invest at least CZK 75 million (~US$3.6 million) and create at least 20 new jobs for EU citizens for a minimum of two years each.
Investors may substitute up to 60% of the required funds with other tangible or intangible assets, including technologies and information know-how.
To qualify for the Czech Republic Investor Visa, applicants must meet the following criteria:
Permanent residence is generally available after 5 years of continuous legal temporary residence (or after 2 years if, for at least one of those years, the applicant has been a close family member of a Czech citizen or an EU citizen with permanent residency).
After an additional five years of holding and maintaining continuous lawful residence as a permanent resident, applicants can qualify for citizenship if they meet the following criteria:
Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.
Applications for this program may be directed to: Ministry of the Interior of the Czech Republic (in person at Ministry offices).
Legislation upon which this program is based: Government Regulation No. 223/2017.
As noted in the program qualifications above, an investor can qualify for this program with a local property purchase above the minimum investment threshold. View eligible properties curated by IMI and our real estate partners:

For the purposes of Czech Section 31(3), investment migration professionals should screen clients who may have Central European ancestry, writes Parviz Malakouti and Samuel Durovcik.

Earlier this year, Investment Migration Insider reported that an amendment to the Czech Republic’s immigration law, which included plans for

The Prague Daily Monitor reports that the Czech Ministry of the Interior is drafting a proposal to include investment
See more statistics on this program and others in the IMI Data Center.