Benefits of the Moldova Citizenship by Investment Programme

Dr. Antoine Saliba Haig | 02 يوليو 2020

Benefits of the Moldova Citizenship by Investment Programme

UPDATE: THE MOLDOVA CITIZENSHIP BY INVESTMENT LEGISLATION HAS BEEN REPEALED (JUNE 2020) 

The Moldova Citizenship by Investment Programme (MCBI) was launched in November 2018 and is the third European programme of its kind after the Malta & Cyprus programmes. Although Moldova is not part of the EU it is aiming at becoming an EU candidate for accession.

Moldova Citizenship by Investment Programme - Schengen Access

Amongst other benefits, the main advantages of the Moldova Citizenship by Investment Programme are the cost and the fact that Moldova has signed a visa waiver agreement with the Schengen Area meaning that Moldovan passport holders can travel to the Schengen Area without the need of a visa. Individuals investing in the MCBI will thus have visa-free access to Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, and Switzerland, as well as the right to stay in the Schengen Area for three months in every 6 months.  

Moldova Citizenship by Investment Programme - Cost

The low cost of such a programme is also an advantage when comparing this programme with others since such a programme includes the following costs:

•    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

Post-approval government fee of EUR 35,000 per application, government fees and due diligence fees also apply. 

Moldova Citizenship by Investment Programme - Benefits

The MCBI programme also provides successful applicants with more global mobility, expanded business opportunities, and greater lifestyle freedom and this is because the main benefits include:

•    Visa-free travel to around 121 countries including the Schengen Area, Russia & Turkey
•    Citizenship within 90 days
•    Low donation when compared with other programmes
•    Full citizenship rights afforded to the applicant and his family
•    Ability to include children up to the age of 29 
•    Ability to include parents of the Main applicant and the spouse if they are over the age of 55
•    Citizenship transferable to future generations
•    Moldova aims to become a candidate for EU membership

Successful candidates can gain Moldovan citizenship within a period of approximately 90 days, provided that the due diligence process is completed without any issues. 
 

Our Residency and Citizenship Practice

Is it the right CBI Programme for you? Speak to Dr. Jean Philippe Chetcuti, Chetcuti Cauchi Advocates Managing Partner, about the countless advantages of the Moldova Citizenship by Investment Programme for you and your family. 

 


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