Moldova, an ex-Soviet republic in Eastern Europe, boasts a variety of landscapes, including woods, rocky hills, and vineyards. Its wine districts include Codru, which has some of the biggest cellars in the world, and Nistreana, which is well-known for reds. The National Museum of History in Chișinău, the capital, features Soviet-style architecture and houses art and ethnographic artefacts that highlight the cultural ties to the neighbouring country of Romania.
Despite gaining independence from the Soviet Union in 1991, Moldova is still one of the poorest nations in Europe. Although there have been increasing calls for a reunion from within the country, Moldova’s authorities have ruled out any union with its neighbour Romania.
The EU and Moldova inked an association agreement in 2014 that established a free trade zone, and the EU appears committed to fostering closer political and economic connections with the nation. What advantages a citizenship or residence programme from Moldova will provide is unclear at this time, though potential tightening relations with the European Union could boost any such advantages.
Investment in Moldova
In an effort to entice foreign investors, the Republic of Moldova has launched a new economic citizenship by investment programme under which those who make sizeable investments in the country’s economy will receive fast track citizenship. The Moldova Citizenship-by-Investment (MCBI) initiative, which was introduced in 2018, grants investors and their families Moldovan passports, enabling visa-free travel to the EU.
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