Going the route Flag Theory, how does this looks?

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KDX

OffshoreCorpTalk Addict
Entrepreneur
Austria takes very long to naturalise and doesn’t allow (in most cases) dual citizenship. Even with other EU countries I think. So it’s not really a feasible “flag” unless you want to hold only Austria citizenship.
Aren't we talking about what we would want to have? I mean, I even included UAE in my flag theory lol.

And as for dual citizenship, none of the countries I listed allow it, however you can get around that. But again, aren't we talking about our "dream setups" or whatever?
 

Allisgood

Active Member
Aren't we talking about what we would want to have? I mean, I even included UAE in my flag theory lol.

And as for dual citizenship, none of the countries I listed allow it, however you can get around that. But again, aren't we talking about our "dream setups" or whatever?
Ok I guess.
But you will never get Emirati citizenship either.

Whereas Switzerland and Luxembourg allow dual without any problems, so much better options vs Austrian for example.

If you have Austrian and you take on another one, even secretly, you automatically immediately lose your Austrian citizenship. So it’s very risky. If they ever find out about any other citizenship, your Austrian citizenship is gone. Why risk it when you can chose countries that don’t care about dual.
 

KDX

OffshoreCorpTalk Addict
Entrepreneur
Ok I guess.
But you will never get Emirati citizenship either.

Whereas Switzerland and Luxembourg allow dual without any problems, so much better options vs Austrian for example.

If you have Austrian and you take on another one, even secretly, you automatically immediately lose your Austrian citizenship. So it’s very risky. If they ever find out about any other citizenship, your Austrian citizenship is gone. Why risk it when you can chose countries that don’t care about dual.
Many great countries don't allow dual citizenship, but it doesn't matter as long as you don't flaunt it. (usually)

Did you not read what people posted? Read what "flags" they posted. Such as BVI Aruba, Grenada, UK islands, Curacao, Lichestein

Those are all difficult citizenships to obtain. We're talking about fantasy here.

If I really wanted to chase my dream citizenships here's probably what I'd go for:

1. Finnish (my current one)
2. PRC, HKSAR
3. Whatever country I want to settle in

But realistically, I'm not going to spend 8-10 years just to get one of my dream passports if I don't intend on staying in the country.

There is one user here with a HK passport and 2nd citizenship. It may be a bit complex and there's not a lot of info on it but, it's probably more common than you think.
 

Allisgood

Active Member
Many great countries don't allow dual citizenship, but it doesn't matter as long as you don't flaunt it. (usually)

Did you not read what people posted? Read what "flags" they posted. Such as BVI Aruba, Grenada, UK islands, Curacao, Lichestein

Those are all difficult citizenships to obtain. We're talking about fantasy here.

If I really wanted to chase my dream citizenships here's probably what I'd go for:

1. Finnish (my current one)
2. PRC, HKSAR
3. Whatever country I want to settle in

But realistically, I'm not going to spend 8-10 years just to get one of my dream passports if I don't intend on staying in the country.

There is one user here with a HK passport and 2nd citizenship. It may be a bit complex and there's not a lot of info on it but, it's probably more common than you think.
I guess. But I actually have multiple citizenships (more than 2, and working on the next one). So I look at what’s realistic. I don’t bother with citizenships that don’t allow dual. It’s not worth putting in the money and time just to have to be secretive about it.
There are too many good options where you can be entirely legal.
 
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KDX

OffshoreCorpTalk Addict
Entrepreneur
I guess. But I actually have multiple citizenships (more than 2). So I look at what’s realistic. I don’t bother with citizenships that don’t allow dual. It’s not worth putting in the money and time just to have to be secretive about it.
There are too many good options where you can be entirely legal.
Sure. But my native citizenship is recoverable so, even if I were to get "caught" I'd just renounce it. May I ask what citizenships you hold? Just curious.
 

Allisgood

Active Member
Sure. But my native citizenship is recoverable so, even if I were to get "caught" I'd just renounce it. May I ask what citizenships you hold? Just curious.
It’s EU and non EU , but I would like to keep it private thu&¤#
 
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Allisgood

Active Member
how did you get them and where?

I wonder about the average costs for each for my self?
Descent and naturalisation. So hardly any cost except time. Oh and I guess taxes in those countries. But didn’t mind as I benefited as well living there.
 

Golden Fleece

Entrepreneur
Austria takes very long to naturalise and doesn’t allow (in most cases) dual citizenship. Even with other EU countries I think. So it’s not really a feasible “flag” unless you want to hold only Austria citizenship.
Austria's CBI program takes only two to three years and allows dual citizenship, but it is quite costly.
Austria’s Citizenship Act does not recognize dual citizenship. However, an individual who has been granted Austrian citizenship under the provision of Art.10 (6) of the Citizenship Act, may not be required to renounce his or her previous citizenship.

If Hungary and Poland work together against the EU's socialist aggression and the people in those countries support their leaders, that will only make those countries stronger. Their nationalist patriotism will outlast the EU, which will eventually fragment. That is also another reason why it is worth holding onto a EU passport.
 

Allisgood

Active Member
Austria's CBI program takes only two to three years and allows dual citizenship, but it is quite costly.
Yes but this is only really an exception for those investors, which are a handful a year I believe. What I was talking about was the normal naturalisation route by living there for x years. Which would apply to normal people.

Plus Arnold Schwarzenegger as well: he got an exception to keep his Austrian citizenship when he became an American. But I don’t think this applies to most people.
 

icecold

Mentor Group Gold
This is one of the inspiring threads around OCT which I will have to think about and do my drawings. Once I'm all clear to what flags I want to rise I will post back here.

For now, thanks for bringing this to my attention.
 

bonox

Corporate Services
Silver Member
Mentor Group Gold
Business Angel
I'm reading the thread with great pleasure, nothing I know about.
 

bountymounty

Mentor Group Gold
It's all good, but never forget you should aim to grab another passport other than your main one, especially if your main one is from EU, USA etc.
so consider that when you planting your flags.
that's some good advise, I'm thinking of who to contact for sch service. Aren't there sellers around that offer to help with a second citizenship either in Panama, Switzerland or other ?

Second citizenship does not mean a second passport too right?
 

KDX

OffshoreCorpTalk Addict
Entrepreneur
that's some good advise, I'm thinking of who to contact for sch service. Aren't there sellers around that offer to help with a second citizenship either in Panama, Switzerland or other ?

Second citizenship does not mean a second passport too right?
Citizenship is citizenship. Citizens are entitled to a passport.

If you wish to hold a national passport (not just a travel document), you are most certainly required to be a citizen.

No such thing in Switzerland or Panama. Look up: "Citizenship by Investment" on Google
 

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