How can obtaining a CBI passport backfire

[lacomaco]

yes, some programmes require a degree of minimum assets and therefore declaration and of course sof

You ask a friendly accountant or lawyer too prepare the asset report based on what you tell and it is filed in Vanuatu. So what? Nobody cares about it in Vanuatu...

 

[lacomaco]

I do not doubt that you managed to arrange a one-off citizenship, but after the Novi Sad accident with 19 dead people the Serbian Parliament put the citizenship applications on hold. They might also fall and who knows when the next government would take it up. Your clients most probably overpaid, as in the last 2 years the going rate was EUR 250k, not depending which Ministry handled the checks and approvals

 

[Shoresy]

I can confirm that I've heard first hand rom multiple reputable agents that Serbia does have a functional citizenship by merit program, with around 400k being the price. However, I also heard a rumor that getting that as a 2nd passport will get you put onto a "list." That should be because it attracted so many Russians and shady individuals. So in that sense only, it's not much better than the Carib options.

 

[HardRJones]

I can confirm that I've heard first hand rom multiple reputable agents that Serbia does have a functional citizenship by merit program, with around 400k being the price. However, I also heard a rumor that getting that as a 2nd passport will get you put onto a "list." That should be because it attracted so many Russians and shady individuals. So in that sense only, it's not much better than the Carib options.

Which list is that?

 

[SCHLOSSFINANZ]

Serbia publishes the names of citizenship by merit recipients in the official state gazette. So leftist journalists screen the gazette for names from time to time.

 

[HardRJones]

Serbia publishes the names of citizenship by merit recipients in the official state gazette. So leftist journalists screen the gazette for names from time to time.

This is true. I wouldn’t expect bank compliance officers to do so, though.