WorldWay Group has learned that the Palanca border crossing point, jointly operated by the border and customs authorities of Moldova and Ukraine, has officially commenced operations following a €4.5 million investment from the European Union! The project is located on the southeastern border of Moldova, approximately 140 kilometers from the capital, Chisinau, and was reconstructed under the framework of a United Nations Development Programme (UNDP) initiative.
An official from the EU Delegation to Moldova stated: "The European Union remains committed to supporting the improvement of the daily lives of Moldovan citizens. With the assistance of the EU, the Palanca border crossing point will promote economic stability and sustainable development in the region, as well as facilitate travel for individuals and businesses, by introducing EU standards."
Pavel Filip, Prime Minister of Moldova, who attended the opening ceremony, noted: "For Moldovan citizens, this crossing point means greater convenience, as the new equipment will facilitate border crossings, preventing people from spending hours in queues. We have established a modern European infrastructure here, bringing us closer to EU standards."
In fact, the establishment of the jointly operated border crossing point is part of an agreement signed between Moldova and the European Union. Commendably, the design and construction of the crossing point adhere to the principles of European Integrated Border Management and will provide optimal services for all travelers crossing the border. Currently, with the support of the EU, the crossing point has been equipped with customs officials and border guards.
WorldWay experts state that the official operation of the Palanca border crossing point will generate multiple positive impacts, including improving border control procedures, enhancing traffic flow, and optimizing business channels, while also promoting sustainable development in the region and trade and economic exchanges between nations—a significant benefit for investors as well!
In recent years, the fundamental principle of Moldova's foreign policy has been to prioritize European integration, attach importance to developing relations with Europe and America, and gradually align with the European Union. More importantly, Moldova is located at the intersection of the European and Asian continents, connecting Central and Eastern Europe, and possesses an extremely advantageous geographical location and convenient transportation resources. To date, Moldova has signed free trade agreements with the European Union, Russia, Turkey, and several other countries and regions. A free trade agreement with China has also entered the final negotiation stage, ensuring that Moldova enjoys relevant tax incentives in trade with these countries.
Currently, Moldova has just opened its immigration policy, and the application requirements are relatively flexible, making this an ideal time to invest! With an investment starting from only €100,000, investors can obtain citizenship in a continental European country for their entire family of three generations in about 90 days, meeting numerous needs such as asset allocation, identity planning, and children's education planning. It is an excellent choice for your 2019 identity planning! At the same time, investing in EU countries with Moldovan citizenship is an even faster and more secure investment channel.
Seven Highlights of the Moldova Citizenship-by-Investment Program
1. High-value, fast passport program: Priced like a Caribbean island nation with citizenship of a continental European country;
2. Tax-friendly continental European passport: Low tax system, no tax on overseas income, inheritance tax, or gift tax;
3. Moldova is a non-offshore financial country, highly recognized by financial institutions; the Moldovan passport is the preferred continental European passport for business professionals;
4. A continental European passport eligible to apply for the U.S. E-2 visa;
5. Travel convenience: Visa-free or visa-on-arrival access to 122 countries and regions, including Schengen area countries, Russia, and Turkey;
6. Qualified applicants may enjoy exemptions from written examinations for admission to prestigious Chinese universities as overseas Chinese students;
7. A superior choice for identity planning regarding business, investment, equity holding, and asset allocation.
Seize the mainstream popular projects in the 2019 investment immigration market; stay one step ahead! Moldova Passport Program, Hotline: 400-138-2929