Citizenship by investment in Moldova
Moldova offers all international investors an opportunity to acquire a Moldovan passport by making a financial contribution to the government-owned Public Investment Fund. Government of Moldova have passed a bill to start a Citizenship by Investment Program, which is designed to attract applications of at least 3000 investors’ applications contributing total amount of approximately EUR 300 000 000. Moldovan government plans to use acquired investments to develop infrastructure as well as to improve national social security, education and healthcare systems in order to make the country even more attractive for businessmen and tourists.
Become Moldova citizen
To apply for an initial assessment – contact us now. Our lawyers will contact you and provide a list of questions and documents needed to obtain all the necessary information. We will also be able to provide you with a list of documents and information we need for an initial assessment to determine whether your case meets the requirements for Moldovan citizenship.
Citizenship by investment requirements
There are very few general requirements, which must be fulfilled in order to acquire citizenship in Moldova on the grounds of financial contribution: the main investor at the moment of submitting an application must be at least 18 years old, has empty criminal record and have good mental and physical health. It is possible that an investor applies together with, spouse, children, and, under specific circumstances, with the dependent elderly parents.
The legal procedure of citizenship application in Moldova can be quite challenging and require professional legal expertise to successfully draft and prepare all required documents in compliance with legal requirements. It is highly recommended to contact a certified lawyer or immigration agent in order to assess your case and assist drafting all documents to ensure your application meets all legal standards.
Fees
One of the major requirements to be fulfilled in order to apply for a citizenship in Moldova is performing a financial contribution to the government-owned Public Investment Fund. Considering the fact that some investors apply with their family members Moldova provides a flexible program, allowing the entire family applying for citizenship in a single procedure:
- EUR 100 000 for a single investor;
- EUR 115 000 for a couple;
- EUR 145 000 for a family of four;
- EUR 155 000 for a family of five or more.
Additionally, the applicant must pay state fee for the submission of application to the government of Moldova:
- EUR 5000 for the main investor;
- EUR 2500 for the official spouse;
- EUR 1000 for a child 0 to 15 years old;
- EUR 2500 for a dependent child from 16 to 29 years old;
- EUR 5000 for a dependent elderly parent who is at least 55 years old.
Set government fee for a legal due diligence legal procedure will cost EUR 6000 for the main investor and EUR 5000 for any other supporting applicant. Biometric passport issuance fee in amount of EUR 300 per individual is also applicable.
Considering all this, the minimum total amount associated with Moldovan passport application for a single investor approximately equals to EUR 110 000.
Required documents
- Copy of valid passport;
- Birth certificate;
- Criminal record (must be clear);
- Academic Achievement certificate;
- A bank financial statement (with proof of a legal source of income);
- Medical examination (health certificate that it is free of diseases)
- CV and recommendation letters;
Time frames
It is quite difficult to set specific time frames for the entire procedure, as it heavily relies on your capability to acquire all required certificates and documents. Government application assessment procedure usually takes up to 4 months, if all requested documents had been provided correctly. However, the government may extend due diligence check time period, if required.
Benefits of becoming citizen of Moldova
Double citizenship holders are entitled to a number of advantages provided by each country you are holding passport of. Such features may grant opportunity to use two social insurance systems, a right to vote and be elected in both countries, as well as it grants access to public healthcare and education systems. Person holding two passports is permitted to work and do business in any of two countries not requiring any kind of residence permission or employment visa. Having two passports provides you opportunity to travel visa-free to a bigger number of countries, depending on which passport you present when crossing the border.
Another advantage of holding two passports is the ability to legally buy and own real estate in both countries. This may be relevant as some governments restrict owning land and / or real estate to nationals of third countries.