Citizenship by Investment Program from Moldova temporarily "on hold"


Published by Savory & Partners in Industry News

Date Updated: August 13, 2019


Savory & Partners inform our clients that the Citizenship by Investment program from Moldova is temporarily "on hold", pending a revision.

The Government informed that it wishes to reevaluate the program and the different organisations committed as service providers.

All applications that were officially accepted by Moldovian Citizenship by Investment program thus far will be fully processed to completion. There will, however, be a brief suspension of processing new applications so that the administration can complete its evaluation process.

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The Moldova Citizenship by Investment program requires aspirants to make an economic contribution to the country through the Public Sustainable Development Fund of Moldova (Public Investment Fund). In exchange, aspirants and their families are granted citizenship.

To qualify for the country's citizenship, the principal applicant must be over 18 years of age, meet the application requirements, and make the primary qualifying contribution:

A minimum non-refundable contribution to the Public Investment Fund:

  • EUR 100,000 for a single applicant
  • EUR 115,000 for a couple
  • EUR 145,000 for a family of four
  • EUR 155,000 for a family of five or more

Moldova, a country of about 3 million inhabitants, offers its citizens visa-free access to 122 nations, including the countries in Europe's Schengen Area as well as Russia and Turkey. It's the first program of its kind to offer this unique combination of visa-free travel destinations.

Moldova suspends its CBI program


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Through the Moldova Citizenship by Investment program, successful applicants can obtain Moldovan citizenship within a term of approximately 90 days, provided that the due diligence process can be completed without any complications.

If you want to obtain additional information on our different Citizenship and Residency by Investment programs, please don't hesitate to get in touch with us; our team of expert consultants will be glad speak with you.

 
Source: Moldova Citizenship by Investment Official Website


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