On 20 August 2018, the Executive committee approved the mechanism for implementing the Citizenship by Investment Program for Moldova (MCBI).
“The Citizenship by Investment Program is an instrument that will soon have a direct impact on the economy of the Republic of Moldova. It aims to provide a new source of income without debt, which will be transformed into projects and services. They will increase the quality of life for all citizens of the Republic of Moldova “, said Minister of Economy and Infrastructure, Chiril Gaburici, at the country presentation event attended by representatives from 10 countries and Henley & Partners, selected as a service provider to ensure the good implementation of the Program.
During the event the operational progress of the Program, the actions already implemented and the plans for the next period were discussed, so that at the beginning of November 2018 it will have all the tools and mechanisms necessary for effective activity.
Thus, the benefits from the implementation of the Program will be felt by both its participants and the population of the country. The positive impact is explained by the fact that the funds attracted to be directed to the Public Investment Fund, which in turn will direct the sources to the national strategic projects necessary for the development of the Republic of Moldova.
This document includes the structure of the Program, the technical processes and necessary legislative changes, the procedures and forms of implementation, the specific and detailed requirements, the formal policies and procedures to be included in the normative framework, with the setting of concrete deadlines.
Source: Gov.md
