Immigration and citizenship Moldova
Moldova Citizenship-by-Investment Overview:
Launched in the second half of 2018, the Moldova Citizenship-by-Investment (MCBI) program is being developed by the Government of Moldova in partnership with its service provider Henley & Partners and the Moldovan Investment Company (MIC). The MCBI program requires applicants to make a defined economic contribution to the country through the Public Investment Fund. In exchange, and subject to a stringent vetting and due diligence process, including thorough background checks, applicants and their families are granted citizenship.
Visa-free access to 122 destinations around the world, including Russia, Turkey, and the countries in Europe’s Schengen Area
Citizenship in a European country with an open culture, a continental climate and a charming landscape
A reasonable contribution amount and a highly efficient application process
Full citizenship, with passport rights, for the applicant and included family members
Dependent children up to 29 years of age and parents (of either the main applicant or the spouse) from 55 years of age can be included
Citizenship transferable to future generations without restrictions and at no additional charge
Citizenship in a member state of the Organization for Security and Co-operation in Europe, the World Trade Organization, and many more
Citizenship in a state that has entered into an association agreement with the EU and is aiming to become a candidate country for EU membership
To qualify for citizenship, the main 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 (PIF):
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
Government service provider and licensed agent fees amount to EUR 35,000 per application.
In addition, applicants are required to pay government fees of EUR 5,000 for the main applicant, EUR 2,500 for a spouse, EUR 1,000 for a child aged 0 to 15 years, EUR 2,500 for a dependent child aged 16 to 29 years, and EUR 5,000 for a dependent parent — of the main applicant or of the spouse — who is 55 years of age or older. Due diligence fees are EUR 6,000 for the main applicant and EUR 5,000 for a spouse, dependent children older than 16 years, and/or dependent parents. Biometric passport fees amount to EUR 300 per individual.
It is imperative that main applicants and their dependents have entirely clean personal backgrounds and no criminal records. The MCBI program regulations further stipulate that a person who has been denied a visa to a country or territory with which Moldova has visa-free or visa-on-arrival travel arrangements and has not subsequently obtained a visa to that jurisdiction shall not be accepted to the MCBI program.
Moldova has developed a four-tier due diligence system, which is considered the most thorough in the world.
Moldova Procedures and Time Frame
Applications to the program must be made through the prescribed forms and must be accompanied by the appropriate fees and specific documents. In addition to the usual personal documentation, such as passport copies and birth certificates, the requisite documentation includes, for example, a police certificate confirming that the applicants have no criminal record.
The issuance of a certificate of naturalization under the MCBI program shall take a maximum of three to four months from the date on which the complete application is submitted, provided that the due diligence processes are carried out without difficulties.
Before an application is submitted to the government, all the relevant information provided (including the background of the applicant and any dependents) will be verified by one or more specialized due diligence service providers. Furthermore, the specific fees must have been received, and the source of all funds must have been verified.
Once all the above requirements have been satisfied and the final payments have been made, biometric data is collected, and an oath of allegiance is pledged. Citizenship will then be granted and the passport issued thereafter.
Theoretical and practical aspects on insolvency litigation with cross-borders elements in the Republic of Moldova and other countries
Insolvency with cross-border elements is an increasingly stringent topic against the background of trade relations globalization. The free movement of people and goods all over the world and the economic ... Read More
POPA&Associates participated at the International Spring Conference in Barcelona
On 1-4 of May, the Senior Partner of POPA&Associates, Igor POPA and two of our Off Counsels, Grigore POPA and Sergiu AUZEAC, participated at the International Spring Conference in Barcelona, ... Read More
"Collaboration with Popa and Associates gives us security, protection and maximum privacy we need for the quality and prosperity of the activity we carry out."