The Citizen Account Program stressed the importance of disclosing real estate assets and related financial returns within the data provided by beneficiaries, clarifying what is meant by real estate assets that must be disclosed.
The program explained, via its account on the «X» platform, that real estate assets include everything that is real estate and owned by the beneficiary, including apartments and residential units, in addition to land and commercial buildings.
The Citizen Account program stressed the need to disclose all sources of income for the main beneficiary and dependents, including financial returns generated from real estate assets.
In a related context, the program clarified that the account status «suspended» means the application of Article Twenty, which stipulates that support will be suspended for the primary beneficiary and he will be deprived of obtaining it for a period not exceeding two years, in the event that he provides misleading material information, documents or data, or hides any information that must be disclosed, or uses any method of deception in order to obtain support.
