Saturday, November 23, 2024

Moldova update: Four month moratorium on CBI scheme

The Government of Moldova has decided impose a four month moratorium on the Moldovan citizenship by investment scheme which is currently suspended recently. After the end of moratorium period, the Government will decide whether the moratorium of CBI scheme will be extended or not, if extended maximum extension will be 2 months.

 

All CBI applications submitted as of July 26, will be examined by Moldova. Agents who have been issued licenses in 2019 will be extended to period equal to that of moratorium.

 

Moldova has approved two citizenship cases from India and Australia under MCBI investment. About 34 applications still pending for review.

 

Already €4.6 million euros have been already invested in Moldova through the CBI scheme.

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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