Citizenship by Investment

São Tomé & Príncipe

São Tomé & Príncipe Citizenship by Investment or Donation (PCID — Programa de Cidadania por Investimento e Doação)

The world's newest operating citizenship-by-investment programme (applications since September 2025) and currently the lowest-priced: a non-refundable USD 90,000 contribution to the Fundo Nacional de Transformação for a single applicant — USD 95,000 covering a family of up to four — plus a USD 5,000 due-diligence and processing fee per application. No visit, residence or language requirement; the contribution is paid only after approval-in-principle. The passport is a genuine second travel document rather than a mobility upgrade: roughly 58–63 visa-free or visa-on-arrival destinations (South Africa's 90 days is the standout) and no Schengen, UK or US access. A young programme run under a Dubai-based concession: pricing is unbeatable, the legal base is real and gazetted, and the operating history is measured in months — we say both halves plainly.

Figures drawn from primary law and official sources — programmes change, so we confirm the exact current terms with admitted local counsel before you apply
Investment routes

How you qualify.

Donation

USD 90,000

The only route: a non-refundable minimum contribution to the Fundo Nacional de Transformação (RNID Anexo I(3)) — USD 90,000 for a single applicant; USD 95,000 total for a family application of two to four members; +USD 5,000 for each additional qualifying dependant from the fifth member. The contribution is payable only after approval-in-principle, within 90 days or the file lapses (art. 14(4)). Separately: due-diligence and processing fee of USD 5,000 per application (non-refundable on submission); per-person document fees on grant (passport USD 350, national ID USD 150, citizenship certificate USD 250, courier USD 200 per application on the launch-era CIU schedule). Realistic all-in for a single applicant ≈ USD 95,750; family of four ≈ USD 103,000. Post-grant additions: spouse USD 10,000; other qualifying dependant USD 5,000; newborn up to one year USD 500. Voluntary complementary investments into thirteen government-approved sectors (Anexo II — port, airport, energy, housing, health and others) are possible after approval but expressly do not substitute the base contribution. There is no real-estate, bond or business route.

What the passport grants

Global mobility.

~60 visa-free / visa-on-arrival destinations
Schengen
Visa-free / on arrival

No Schengen access. São Tomé & Príncipe is on the EU visa-required list (Annex I, Regulation (EU) 2018/1806); no visa-waiver agreement exists or is publicly under negotiation. The honest travel figure is roughly 58–63 visa-free or visa-on-arrival destinations (Henley 2026 counts 58; agent counts of 93–102 fold in eVisas). Notable genuine access: South Africa visa-free 90 days — the standout — plus Singapore (30), Malaysia (30), Philippines (30), Hong Kong (14), Macau on arrival, and eVisa/eTA access across much of Southern and East Africa. Not accessible without a visa: the Schengen area, UK, Ireland, USA, Canada, Brazil, Russia, Japan and mainland China (agent claims of Chinese visa-on-arrival are unverified). This is a second travel document and a succession asset, not a mobility upgrade — clients who need Schengen pair it with an EU residence card.

Weighing this against Europe?

What you’re really after — and the cleaner route to it.

Most clients who consider São Tomé & Príncipe want the same things: stronger mobility, a considered fallback, and greater flexibility for the family. São Tomé & Príncipe can grant a second passport — but it confers no right to live, work or settle in the European Union, and no path to an EU passport.

If a European foothold is any part of your objective, residence by investment achieves it directly — a euro-denominated home, legal residence in the EU, and, held over time, a lawful route to European citizenship. We map both, honestly, against what you are actually trying to achieve.

Eligibility & process

What's involved.

Family inclusion
The main applicant must be 18 or over. The decree text (RNID art. 10, referencing Lei 7/2022 arts. 10.º(4)–(5)) includes the spouse and children of the principal applicant; the CIU and licensed agents market a wider scope — spouse or de facto partner, unmarried financially-dependent children up to 30, and parents or grandparents from 55 — which sits in programme practice rather than the gazetted text, and we confirm the current position in writing before filing. Family pricing is unusually flat: USD 95,000 covers two to four family members in one application. A CIU memorandum of 10 April 2026 froze passport issuance for adult dependants (18+) pending clarification and placed applicants already holding three or more foreign nationalities on hold under art. 11.º of the Nationality Law — both restrictions confirmed before any family file is opened.
Due diligence
USD 5,000 due-diligence and processing fee per application (RNID Anexo I(2)). Files pass through a due-diligence report from a UCID-recognised provider, review by the AML/CFT Comité de Revisão (Ministério Público chair, with the Migration Service, Finance Ministry, Registries Directorate and the Financial Intelligence Unit), and a mandatory prior clearance (visto prévio) from the Ministério Público within 30 days — refusal ends the file. Requirements include criminal-record certificates from every country of nationality and of residence over the last five years (issued within three months), a medical certificate, and a source-of-funds declaration supported by bank documentation. The Ministério Público retains a six-month judicial opposition window after grant (non-suspensive).
Timeline
Statutory deadlines in the decree: Ministério Público visto prévio 30 days; UCID Director decision 15 days from a complete, cleared file; contribution deposit within 90 days of approval-in-principle; registration by the Conservatória dos Registos Centrais within 5 days of the oath. The portal markets two to three months to approval plus roughly four months to passport issuance; licensed-agent reporting of real-world files runs to eight months or more, and the widely-advertised '110-day official processing time' does not appear in the decree text. We plan client files on a six-to-nine-month working assumption and treat anything faster as upside.
Physical presence
None. No visit, residence, interview-in-country or language requirement — the residence and language conditions of ordinary naturalisation are expressly waived for investment and donation grants (Lei 7/2022 art. 10.º(3)). The oath of fidelity to the Constitution may be sworn before a São Toméan diplomatic or consular agent abroad, and remote biometric enrolment was introduced by the CIU in April 2026.
Tax
São Tomé & Príncipe taxes on the basis of residence, not citizenship: a CBI citizen who never becomes tax-resident does not, by the passport alone, come within São Toméan tax on foreign income. There is no wealth or inheritance tax regime of practical relevance to non-resident citizens. As ever, citizenship changes nothing about a client's existing tax residence — CRS reporting, home-country rules and any exit-tax exposure are unaffected, and we model the client's actual position before filing.
Key provisions
  • Created by Decreto-Lei n.º 07/2025 (RNID, gazetted 1 August 2025) under art. 10.º(2) of Lei n.º 7/2022 — investment, merit or donation naturalisation with the residence and language requirements waived.
  • Single route: non-refundable contribution to the Fundo Nacional de Transformação — USD 90,000 single, USD 95,000 for a family of two to four, +USD 5,000 per further dependant; paid only after approval-in-principle (90-day deposit window).
  • Applications only through licensed marketing agents (annual licence USD 5,000); unlicensed promotion is fined up to USD 500,000 (art. 6).
  • Every file requires a Ministério Público prior clearance, and the Ministério Público may oppose a grant in court for six months after it is made (Lei 7/2022 arts. 10.º(6), 20.º).
  • Hard nationality cap: grant is barred to applicants already holding more than two foreign nationalities, and a naturalised citizen who acquires a fourth nationality loses São Toméan nationality by operation of law (Lei 7/2022 art. 11.º) — enforced from April 2026.
  • Fund governance on paper is unusually strong: exclusive supervised bank account, dual signatures, a bank guarantee of at least 10% of projected balances where a private operator is engaged, monthly reporting to the Central Bank and Tribunal de Contas, and a published annual independent audit (RNID art. 8).
  • Citizens naturalised under the programme are permanently exempt from military service (art. 16); sanctions run to fines of 20% of the investment and revocation of nationality (art. 18).
  • Operated in practice from Dubai under a press-reported 10-year private concession (56% State / 44% operator) that was not put to public tender and is not gazetted — a live domestic political controversy we disclose rather than gloss.
Documents you'll provide
  • Official application form (Anexo III) via the UCID electronic platform, in Portuguese or English
  • Certified passport copies for every applicant
  • Criminal-record certificates from each country of nationality and each country of residence over the last five years, issued within the last three months
  • Proof of current residence address
  • Medical certificate (good general health, no transmissible diseases)
  • Declaration of lawful source of funds supported by bank documentation
  • Due-diligence report from a UCID-recognised provider
  • Proof of payment of the due-diligence and processing fee
  • Apostilled or consular-legalised civil documents (birth and marriage certificates), with authenticated translations where not in Portuguese or English
  • Sworn oath of fidelity to the Constitution of São Tomé & Príncipe, in-country or before a diplomatic or consular agent
Legal basis & source documents

The governing law — in our library.

Two-tier framework, both instruments verified against the Diário da República. (1) Lei n.º 7/2022 — Lei da Nacionalidade (DR I Série, N.º 25, 10 March 2022; in force ≈June 2022; repeals Lei n.º 6/90): art. 10.º(2) authorises the Government to grant nationality for investment that unequivocally increases employment and contributes significantly to national development, for high-level sport/science/culture, or for a donation; art. 10.º(3) waives the residence and language requirements for such grants; art. 10.º(6) requires a prior clearance (visto prévio) from the Ministério Público on every naturalisation; art. 11.º bars grant to anyone already holding more than two foreign nationalities and strips STP nationality from a naturalised citizen who later acquires a fourth; art. 20.º gives the Ministério Público a six-month window to oppose an acquisition in court. (2) Decreto-Lei n.º 07/2025 — Regulamentação da Nacionalidade por Investimento ou Doação, RNID (approved in the Council of Ministers 10 May 2025, promulgated 28 July 2025, published DR I Série, N.º 33, 1 August 2025, pp. 430–440; in force on publication): creates the PCID programme (art. 5), the UCID unit (art. 4), the Fundo Nacional de Transformação — FNT (arts. 7–8: autonomous fund, exclusive supervised bank account, mandatory annual independent audit, Tribunal de Contas and Central Bank oversight) and an AML/CFT Review Committee chaired by a Ministério Público representative (art. 9); licenses marketing agents with fines up to USD 500,000 for unlicensed promotion (art. 6); sets the procedure and deadlines (art. 14); grants CBI citizens a permanent military-service exemption (art. 16); provides for a country-exclusion list by Council of Ministers resolution (art. 17); and provides sanctions up to revocation of nationality (art. 18). The official tariff is Anexo I of the decree. Note: the RNID is a Government decree-law issued under art. 111.º(c) of the Constitution and art. 26.º of Lei 7/2022 — it did not pass through the National Assembly, a point of live domestic political criticism. · Administered by Unidade de Cidadania por Investimento e Doação (UCID), branded internationally as the Citizenship Investment Unit (CIU), under the tutelage of the Minister of Justice in articulation with the minister responsible for investments. Official programme portal: cip.gov.st (info@stpcip.com). Day-to-day administration is operated from Dubai under a public-service concession by STP Service Advisory FZCO (UAE), reported in the Portuguese-language press to be a 10-year exclusive concession associated with Passport Legacy — the concession terms are press-reported, not gazetted..

Documents marked “held by Kestrel” are mirrored on our own servers from the official source, so the reference is always available.

Common questions

São Tomé & Príncipe, answered.

How much does São Tomé & Príncipe citizenship by investment cost?
The lowest qualifying investment is USD 90,000 via the Donation route. Government, due-diligence and professional fees are additional. Figures are indicative and confirmed in writing by licensed counsel before any commitment.
How long does the São Tomé & Príncipe citizenship process take?
Statutory deadlines in the decree: Ministério Público visto prévio 30 days; UCID Director decision 15 days from a complete, cleared file; contribution deposit within 90 days of approval-in-principle; registration by the Conservatória dos Registos Centrais within 5 days of the oath. The portal markets two to three months to approval plus roughly four months to passport issuance; licensed-agent reporting of real-world files runs to eight months or more, and the widely-advertised '110-day official processing time' does not appear in the decree text. We plan client files on a six-to-nine-month working assumption and treat anything faster as upside.
Does the São Tomé & Príncipe passport allow visa-free travel to the Schengen Area?
No Schengen access. São Tomé & Príncipe is on the EU visa-required list (Annex I, Regulation (EU) 2018/1806); no visa-waiver agreement exists or is publicly under negotiation. The honest travel figure is roughly 58–63 visa-free or visa-on-arrival destinations (Henley 2026 counts 58; agent counts of 93–102 fold in eVisas). Notable genuine access: South Africa visa-free 90 days — the standout — plus Singapore (30), Malaysia (30), Philippines (30), Hong Kong (14), Macau on arrival, and eVisa/eTA access across much of Southern and East Africa. Not accessible without a visa: the Schengen area, UK, Ireland, USA, Canada, Brazil, Russia, Japan and mainland China (agent claims of Chinese visa-on-arrival are unverified). This is a second travel document and a succession asset, not a mobility upgrade — clients who need Schengen pair it with an EU residence card.
Can I include my family in the São Tomé & Príncipe application?
The main applicant must be 18 or over. The decree text (RNID art. 10, referencing Lei 7/2022 arts. 10.º(4)–(5)) includes the spouse and children of the principal applicant; the CIU and licensed agents market a wider scope — spouse or de facto partner, unmarried financially-dependent children up to 30, and parents or grandparents from 55 — which sits in programme practice rather than the gazetted text, and we confirm the current position in writing before filing. Family pricing is unusually flat: USD 95,000 covers two to four family members in one application. A CIU memorandum of 10 April 2026 froze passport issuance for adult dependants (18+) pending clarification and placed applicants already holding three or more foreign nationalities on hold under art. 11.º of the Nationality Law — both restrictions confirmed before any family file is opened.
What due diligence does São Tomé & Príncipe require?
USD 5,000 due-diligence and processing fee per application (RNID Anexo I(2)). Files pass through a due-diligence report from a UCID-recognised provider, review by the AML/CFT Comité de Revisão (Ministério Público chair, with the Migration Service, Finance Ministry, Registries Directorate and the Financial Intelligence Unit), and a mandatory prior clearance (visto prévio) from the Ministério Público within 30 days — refusal ends the file. Requirements include criminal-record certificates from every country of nationality and of residence over the last five years (issued within three months), a medical certificate, and a source-of-funds declaration supported by bank documentation. The Ministério Público retains a six-month judicial opposition window after grant (non-suspensive).
Does São Tomé & Príncipe citizenship grant the right to live in the European Union?
No. São Tomé & Príncipe citizenship can confer a second passport and visa-free or visa-on-arrival travel, but it grants no right to live, work or settle in the EU and no path to an EU passport. For a European foothold, residence by investment is the direct route.
Begin privately

Considering your family’s options?

The right route depends on what you are trying to achieve — mobility, a considered fallback, a tax position, a European future. A private conversation with the Founding Partner maps the options against your objectives, in confidence.

This briefing is general guidance, not legal, tax or immigration advice. Figures are indicative and verified to 2026. Each programme is documented for reference within Kestrel Private’s global programme library; applications proceed through licensed local agents and admitted counsel in each jurisdiction. Kestrel Private is not a law firm. Final eligibility, thresholds and timelines are confirmed in writing by licensed counsel before any commitment.