Friday, April 19, 2024

Moldova becomes the 11th country to join the CBI program club

CBI industry is a $3 billion dollar industry and Moldova is a new entrant to the citizenship by investment club.

Moldova has opened a new CBI program  granting citizenship to foreign investors. The scheme opened in July 2018 with Henley and Partners awarded the tender to design, develop and implement the Moldova CBI program.

Moldova CBI program is one of the cheapest citizenship by investment schemes in Eastern Europe. It competes with other CBI schemes in the Caribbean with the price tag of $100K.

As of 2018, Moldova becomes the 11th country to join CIP club.

  1.   St Kitts and Nevis ($150K)
  2.  Dominica ($100K)
  3. Cyprus  (€2 million)
  4.  Malta (€1.1 million)
  5.  Antigua and Barbuda ($100K)
  6.  Grenada ($150K)
  7.  Saint Lucia ($100K)
  8.  Vanuatu ($150K)
  9.  Turkey ($1 million)
  10.  Jordan ($1 million)
  11.  Moldova ($100K)
  12. Mauritius ($500K to open soon)

Under the Moldova CBI scheme, investors can apply for citizenship with their families by contributing one time EUR 100,000 to Moldova Public investment fund.

Moldova passport has visa free travel to 121 countries including Europe, Russia, Turkey etc.

Moldovan citizens need a visa to visit United Kingdom, Canada, United States and other countries.

Applicants will the screened through a thorough four level due diligence vetting process and ineligible countries or high risk applicants will not be granted citizenship.

About Moldova

Nestled between Europe and Asia, the Republic of Moldova is home to more than 4 million people. The country gained independence in 1991 and consequently became a member of the UN in 1992.

In addition to its strong agricultural and food-processing industries and its growing free-market economy, Moldova is one of the world’s main wine exporters, with wine-making practices in the country dating back almost 5,000 years. With the Mileștii Mici winery on the outskirts of Chișinău housing the largest wine collection in the world, Moldova’s well-established wine industry attracts scores of global citizens to its charming mountainous terrain each year.

Holders of the Moldovan passport can access 121 destinations, including Russia, Turkey, and the countries in Europe’s Schengen Area. The official language of Moldova is Romanian (termed ‘Moldovan’ by locals), but thanks to the country’s close relationship with the EU, English is widely spoken in most regions, and its usage is growing fast among the country’s multi-ethnic population.

Despite being a culturally rich and traditional nation, Moldova has spearheaded some of the most impressive advancements in the tech world. It was the first nation globally to launch high-definition voice services for mobile devices, and Moldova is ranked 3rd in the world in terms of internet speed.

Moldova will also become the first country to initiate an anti-human-trafficking campaign using blockchain technology — a testament to the country’s firm commitment to the protection of human rights.

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

Related Articles

Stay Connected

279FansLike
3,983FollowersFollow
732FollowersFollow
- Advertisement -spot_img

Latest Articles