
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).
Citizens of Russia have the unique opportunity to hold citizenship in both Russia and Turkey simultaneously without the need to renounce their Russian passport. However, it's essential to differentiate between "dual citizenship" and "second citizenship," as these terms have specific legal meanings and implications.
Second Citizenship: This refers to the condition where an individual holds citizenships of two countries without a formal agreement between those nations regarding dual citizenship. Russians can acquire Turkish citizenship without losing their Russian nationality, and they are not required to declare their second citizenship in Russia. This arrangement is particularly beneficial for those who wish to expand their travel possibilities or business operations without legal constraints of dual citizenship agreements.
Dual Citizenship: In contrast, dual citizenship typically involves a formal agreement between two countries that recognize the shared status and provide certain reciprocal privileges for dual citizens. As of now, Russia and Turkey do not have such an agreement, which means their arrangement does not fall under 'dual citizenship' but is rather a case of holding a 'second citizenship'.
It's crucial for individuals considering acquiring Turkish citizenship while retaining their Russian nationality to understand the responsibilities and rights that come with holding citizenships in both countries. They should be aware of any reporting requirements or military service obligations in each country.
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.