Economic Citizenship Program Moldova
Economic Citizenship Program Moldova | GCI. We are the world's leading experts in advising foreign investors on Citizenship & Residency by Investment. Moldovan Economic Citizenship Program. Read more on how to apply for Moldova Economic Citizenship Program .
The long awaited Moldovan citizenship program will start at the end of 2018. The Moldova Citizenship by Investment Program will be limited to only 5,000 applicants. The processing time takes around 2-6 months. The application phase for the Moldovan Economic Citizenship Program is already beginning. The applications themselves will then be submitted to the Government of Moldova in December 2018.
"With Moldova, a new attractive European program will significantly diversify and expand the global citizenship market for investment. This program has the potential to create a series of truly significant cash injections for itself in an economy and as a forerunner of more strategic investments that can help to modernize and diversify the economies of often smaller states and create a better life for them.“ explains Zirbes, Board Advisor at GCI.
GCI - Global Citizenship Investment is a leading global professional Business Investment and Advisory Firm for Foreign Economic Relations. We are authorized representatives of the Moldavian Citizenship by Investment Program and are entitled to market, promote and disseminate this program. In addition, we are licensed sales agents of the Moldovan government. We act on the following legal basis: "Law of the Republic of Moldova GOVERNMENT DECISION NO. 786 dated 04.10.2017 on the acquisition of citizenship through investment". This program was adopted by Prime Minister Pavel Filip in October 2017.
Moldova (in the national language: Moldova) or the Republic of Moldova is an agricultural country on the threshold of the industrialized nation. Free market economy in a post-Soviet society with an economic growth rate of 6%. The opportunities this small country offers in terms of investment and construction are almost limitless. Due to the steady economic growth of recent years, Moldova proves that there is more to it than one might suspect at first glance. For years, the economy has been growing steadily. Investment opportunities are abundant and are encouraged by the Moldovan government with tax incentives. Germany has traditionally good relations with Moldova. Germany was the first western country to open a consulate in Chisinau in 1992. Moldova offers many incentives for entrepreneurs. Some German companies have already dared to make the leap to Moldova and have done so successfully.
Moldova Citizenship by Investment Options
Moldova Citizenship by Investment Options: The investor and family has to make a significant economic contribution to the country and can immediately obtain their passports once their application is approved. It is not required to permanently reside in the country.
The Moldovan Economic Citizenship Program has only one investment opportunity: Donation to the Public Investment Fund (PIF).
a.) EUR 100,000 for a single applicant
b.) EUR 115,000 for a couple
c.) EUR 145,000 for a family of four
d.) EUR 155,000 for a family of five or more
There are also additional fees such as due diligence fees, government fee, notary fees, background check, advisor and lawyer fee. The amount of these fees depends on the size of the families who will submit an application.
How to apply for citizenship in Moldova?
To apply for Economic Citizenship Program Moldova applicants must be at least 18 years of age, be of a good character with no criminal record, and have good health. An applicant may apply together with his or her spouse and dependent children, and, in some cases, dependant elderly parents or grandparents.
The process of applying for citizenship in Moldova is rigorous and requires diligent preparation in order to gather all the information needed. Application timelines can vary and be difficult to predict, although they usually depend on how easily an applicant can access the required documentation, as well as the complexity of the application as a whole.
The process may be simplified into the following steps:
- Application preparation and pre-approval by GCI - Global Citizenship Investment
- Submission of the application to the Government of Moldova
- Government processing of the application and due diligence checks, taking 90 days for completion.
- Approval in principle.
- Investment in government bonds, purchase of real estate, or donation to the Government Fund.
- Citizenship certificate issued.
- Passport application and issuance.
Furthermore our consultants will guide you through the whole submitting process for the Economic Citizenship Program Moldova.
Why Economic Citizenship Program Moldova?
We suggest the Economic Citizenship Program Moldova will offer our customers a lot of benefits. Benefits of Moldovan citizenship program: The acquisition of a second citizenship could save your life in times of political unrest, civil war or similar situations. In this increasingly dangerous world, acquiring a second citizenship is a wise and future-proofing decision. Not without reason, thousands of international business people, wealthy individuals and families buy an alternative, second citizenship every year. This second citizenship is regarded as an additional life insurance or as a protective shield for the spouse and the children.
In addition, a second citizenship can also serve to lower your taxes and protect your assets. It allows for better protection of assets, greater financial privacy, higher returns, greater personal and financial security, and deferred taxes on pensions and life insurance. For example, opening a foreign bank account with a second nationality is much easier. Such an offshore bank account would allow you to buy securities and funds in financial markets around the world.
If you travel with this extra passport, you will also avoid the entry / exit stamps in your current passport from countries where your government limits travel.
- Citizenship for life, with the right to live and work in the country
- Visa-free or visa on arrival access to 122 countries and territories. Granted visa-free entry to 26 Schengen Area countries as well as Russia, Turkey and Malaysia.
- Dual citizenship is permitted
- Life in an economically, legally, and socially stable country
- Low tax policy
- Low residency requirement
- No previous education or management experience requirement
Above all these appealing facts, Moldova offers also low tax policy for established businesses and individual incomes. Moldova is a member state of the United Nations, the North Atlantic Treaty Organisation (NATO) the Council of Europe, the World Trade Organization (WTO), the Organization for Security and Cooperation in Europe (OSCE), the GUAM Organization for Democracy and Economic Development, the Commonwealth of Independent States (CIS) and the Organization of the Black Sea Economic Cooperation (BSEC) and aspires to join the European Union.
Moldova passport is issued to citizens of Moldova for international travel. The passport is valid for 7 years. Moldovan citizens had visa-free or visa on arrival access to 122 countries and territories, ranking the Moldovan passport 46th in terms of travel freedom according to the Henley visa restrictions index.