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01-Aug-2020 14:30
The government understands that to achieve this crucial objective, it needs to employ the most up-to-date developmental practices — especially when it comes to innovation, new technologies, and investment.
Moldova is therefore undergoing a comprehensive process of modernization and reformation that will see it realizing its economic potential.
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 who has not subsequently obtained a visa to that jurisdiction shall not be accepted to the MCBI program.
Moldova has implemented a four-tier due diligence system, which is considered the most thorough in the world.
The country has established itself as a global leader in tech innovation.
To capitalize on its strategic geographic position, the Government of the Republic of Moldova has over the past few years stepped up its regional integration efforts, promoting open economic policies.
It is the first program of its kind to offer this unique combination of visa-free travel destinations.
Strategically positioned, with easy access to Europe, the Middle East, and Asia, the Republic of Moldova is a modern European country with a picturesque, varied landscape and a world-renowned wine industry.
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.
The MCBI program requires applicants to make a defined economic contribution to the country through the Public Sustainable Development Fund of Moldova (Public Investment Fund).