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West African Island Nations Unveils $90,000 Citizenship-by-Investment Program to Attract Global Investors
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West African Island Nations Unveils $90,000 Citizenship-by-Investment Program to Attract Global Investors
The small West African island nation’s Citizenship by Investment Act came into effect on August 1, marking São Tomé and Príncipe’s formal entry into the competitive global market for second passports. Offering more insight into the program’s development, Alfredo Trinidade, head of São Tomé and Príncipe’s Promotion, Commerce and Investment Agency (APCI), said the initiative’s structure sets it apart from conventional citizenship models. “The CI…
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