Africa & Indian Ocean · Gulf of Guinea
Sao Tome and Principe
An island micro-state whose brand-new, privately operated citizenship-by-investment programme is among the cheapest in the world. It is also among the newest and least proven.
1 route into Sao Tome and Principe
Frequently asked
Is the Sao Tome and Principe citizenship-by-investment programme legitimate?
As of 2026, this is a statutory programme created under Decree-Law No. 07/2025, and the government issued its first investment passport in January 2026. So yes, it is real. That said, it is extremely new. It is administered by a private operator through a unit based in Dubai rather than by the government directly, and Sao Tome has a past history of questionable passport schemes. Treat it as genuine but unproven. Use only an officially authorised agent, and pay only into official government accounts.
How much does it cost, and how strong is the passport?
The minimum is a USD 90,000 non-refundable donation to the National Transformation Fund for a single applicant, or USD 95,000 for a family of up to four. On top of that come processing and agent fees, so the realistic all-in cost is USD 100,000+. The passport gives visa-free or visa-on-arrival access to roughly 56-61 destinations. It does not include Schengen, the UK or the US. This makes it a low-cost optionality play rather than a strong mobility document.
Tax position
- Income tax (top)
- 25%
- Capital gains
- No general CGT. Capital income and certain gains are taxed at a flat 15% via final withholding.
- Wealth tax
- None
- Inheritance tax
- None
- Special regime
- Residents are taxed on worldwide income. Non-residents are taxed only on Sao Tome-sourced income. There is no special expat or non-dom regime. Citizenship alone does not create tax residency.
- Territorial
- No, worldwide income taxed
- CFC rules
- No
- Exit tax
- No
- CRS
- Not participating
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