What are the formal qualifications for President of the United States?

The formal qualifications for the President of the United States, as outlined in the U.S. Constitution, establish that a candidate must be at least 35 years old, a natural born citizen, and have been a resident of the United States for at least 14 years. This set of criteria ensures that the President has a certain level of maturity, a deep connection to the country, and an understanding of its citizens' needs and values.

Being at least 35 years old provides a threshold for experience and wisdom, while being a natural born citizen ensures that the President has a strong allegiance to the nation. The requirement for 14 years of residency serves to confirm that the candidate is well acquainted with the American way of life and the political landscape.

The other options deviate from these constitutional requirements by altering the minimum age or residency duration, making them incorrect. Therefore, the correct answer accurately reflects the established qualifications necessary to assume the office of the President.