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Russians Rush to Buy Second Passports From Tiny Island Nations

Demand among Russians for second citizenship in small island nations has surged, according to RBC.

The most sought-after passports reportedly come from Vanuatu, São Tomé and Príncipe, Nauru and Mauritius. Buyers say the documents can make it easier to open bank accounts, complete international real estate transactions and, in some cases, simplify visa applications.

The trend comes as wealthy Russians continue looking for ways to reduce the impact of international travel and financial restrictions.

Source: RBC.