Latest news on the Moldova Citizenship by Investment (MCBI) program! Recently, WorldWay Group learned from the Moldova Citizenship by Investment Service Center that the Moldovan Parliament passed a resolution on July 26, 2019, to suspend the country's Citizenship by Investment (MCBI) program for four months. During this suspension period, investors who submitted their applications before July 1, 2019, will not be affected; meanwhile, relevant national departments will review the application process.
It is reported that the Moldovan Migration Bureau is still operating normally, and the Moldova Citizenship by Investment Service Center is also functioning as usual. Moldovan government officials have publicly stated that any cancellation of MCBI contracts would harm the country's economic interests and reputation, and the government will act with caution. This means that the Moldovan government's relevant departments will continue to process immigration applications that have already been submitted, so investors can rest assured!
WorldWay experts state that Moldova launched the MCBI program in November 2018, requiring applicants to make a one-time donation of 100,000 Euros to the Public Investment Fund. The Moldovan government hopes that these investments will contribute to the country's economic development! More importantly, this program is expected to bring approximately 1.3 billion Euros in investment revenue to Moldova over the next 5 years!
On the other hand, Moldova has been actively striving to join the European Union! In recent years, Moldova has aligned itself with EU standards in many areas, such as domestic elections, infrastructure projects, and public welfare, implementing a series of reforms to bring it closer to EU standards, all of which demonstrate Moldova's determination to join the EU! In other words, if Moldova wants to join the EU, it must first improve its level of economic development to reach a level similar to that of other EU member states. Therefore, the Moldova Citizenship by Investment program can provide assistance in this regard!
Furthermore, according to authoritative local media reports in Moldova, the Moldovan government recently issued another statement saying that the suspension of the citizenship by investment program is intended to re-examine the project, conduct assessments, and optimize it to ensure the maximization of the sovereign rights and social benefits of the Moldovan state and its people. In this respect, the Moldovan government's re-examination of the details of the MCBI project is conducive to ensuring that the EU recognizes that Moldova is taking a responsible approach, and is even more conducive to the project's increased market competitiveness after it restarts! It is believed that when the Moldova Citizenship by Investment (MCBI) program restarts in November this year, it will be more in line with EU anti-money laundering standards, and the approval efficiency will be greatly improved!
At the same time, the restarted Moldova Citizenship by Investment program will also introduce a second investment option—a real estate investment project, which is also a great benefit for investors! As Moldova is a democratic country with a system of checks and balances, any changes require approval through several processes, so investors can wait patiently! In summary, WorldWay Group will closely monitor the progress of the Moldovan MCBI and provide the latest news to all investors in a timely manner!
Currently, among all countries that have established citizenship by investment programs, Moldova has a dedicated Citizenship by Investment Service Center! The Moldova Citizenship by Investment (CBI) Service Center basically covers all the services required by investors, with a complete range of offerings and lower fees! Investors who have obtained Moldovan citizenship through the investment route can contact the Moldova Citizenship by Investment Service Center for any subsequent matters handled within Moldova that are consistent with their Moldovan status, whether personal, family, or business-related, and truly enjoy extended services in all aspects of life as a Moldovan immigrant.
WorldWay experts state that when investors are planning their status, a series of follow-up services after choosing a fast-track passport program is crucial! The well-established Citizenship by Investment Service Center set up by Moldova is very beneficial for the follow-up service needs of WorldWay investors! Consultation Hotline: 400-138-2929
Some of the content and photos in this article are sourced from the Moldova Immigration Center's official WeChat account.