
São Tomé and Príncipe Unveils Citizenship by Investment Program with Dubai Hub
Effective August 1st, the program offers second citizenship in 6 weeks via Dubai-based PPP. From $90k donation + $5k fee (single applicant).
Four of five Caribbean countries with CBI programs, namely Antigua and Barbuda, Grenada, Dominica, Saint Kitts & Nevis, signed a memorandum of understanding (MoU) to set the minimum threshold to $200,000 and collaborate on specific aspects. Saint Lucia set aside. The new obligations will come into force on July 1, 2024.
Apart from price increase, the agreement covers information exchange, implementation of best practices, security risks, regulatory aspect, due diligence, etc.
Thus, the MoU reflects the following spheres among other areas:
Pricing The parties are due to increase the minimum investment threshold to $200,000 no later than June 30, 2024.
Information Sharing and Transparency Standards The parties agreed to share information and programs and implement transparency measures.
Regulations The parties agreed to regulate the programs by creating a regional authority, that will establish standards with respect to the best international practices.
Security Screening The countries committed to implement Due Diligence and cooperate with each other on security processes.
Regulation of Agents, Marketing & Promotion of CIP The parties agreed to set common standards in order to manage communication processes and promote CBI programs.
Saint Lucia is not party to the agreement, which means that the price under St. Lucia’s program will be available from $100,000. Experts at One World consider that now is the best time for clients to benefit from the current rules, before the changes take effect. You can get a free consultation from one of our experts on Caribbean programs that are available today and choose the best option.
Effective August 1st, the program offers second citizenship in 6 weeks via Dubai-based PPP. From $90k donation + $5k fee (single applicant).
Starting August 20, certain visa applicants must post bonds up to $15,000. The program explicitly targets Citizenship-by-Investment holders over vetting concerns. Initially affects Malawi/Zambia nationals, but CBI countries face potential inclusion with 15 days' notice. 30-day stay limit applies.
Foreign investors can now fast-track Argentine citizenship without residency requirements under President Milei’s new decree. Significant investment unlocks visa-free access to 162 countries, affordable living & Latin America’s dynamic economy. Details pending Economy Ministry guidelines.