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Moldova’s Citizenship by Investment program historically offered one of the most affordable passport investment alternatives in Europe (MCBI). The east-European country offered citizenship for €135,000 plus expenses when it first opened its doors on November 5, 2018.

Despite not being a member of the European Union, Moldova is a European country that offers an alternative to Caribbean passport program, with residency a potentially appealing option and a passport that allows visa-free travel to 122 countries.

Moldova gained independence from the Soviet Union in 1991, but the country remains one of Europe’s poorest. It has strong relations with Romania, and despite growing calls from within the country, Moldova’s leadership recently ruled out any reunification with Romania.

Moldova and the EU inked an association agreement in 2014, establishing a free trade zone, and the EU appears determined to deepening its political and economic connections with Moldova. At this time, it is unclear what benefits a Moldovan citizenship or residence programme will provide, while future closer links with the European Union may boost any such benefits.

Moldova Citizenship Costs

For a single candidate, Moldovan citizenship costs EUR 100,000, which must be donated to the Public Investment Fund (PIF). The new Moldovan Citizenship by Investment Program exclusively offers this option. Because the majority of candidates for such program are families, Moldova paid special attention to this issue and designed its program to be completely family-friendly.