
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).
The rules for renting housing to tourists in Turkey have been tightened: now, the homeowners are required to obtain permits from authorities for rentals shorter than 100 days. Also, it is required to get the consent of all residents in the building. This is stated in the government decree.
On the doors of the rented house, it will be necessary to display a government-issued notice stating that the object is rented to tourists. The fee for obtaining a license will be determined by the Ministry of Culture and Tourism.
If one violates the regulation, he will be fined. An administrative fine of 100,000 Turkish lira ($3,500) is provided for renting out housing without a license. After receiving the fine, the owner must issue a license within 15 days, otherwise he will be fined 500,000 liras ($17,600), and after 15 days more — 1 million liras ($35,300). It is also prohibited to sublet, the fine amounts to 100,000 liras. People who have not posted a sign at the entrance will be subject to a similar fine.
The new requirements do not apply to housing that will be rented for a period of more than 100 days.
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.
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