The Government of Moldova has eased visa requirements for tourist and investors to boost tourism and investments in Moldova.
According to the new rules, a visa application form and valid passport will suffice for the issuance of visas for tourist or business trips to Moldova. Before the change, citizens of many countries needed to prove that they had medical insurance, a round-trip ticket, financial means for subsistence and a hotel reservation before a visa could be issued.
The issuance of residence permits for work and business purposes will also be simplified, such as increasing the validity of permits. The validity of the residence permit for immigrants engaged in investment projects will be prolonged from one to either two or three years, depending on the nature of the project.
“[The new changes] will substantially increase the country’s investment attractiveness, as well as the number of tourists,” said Pavel Filip, Moldova’s prime minister.
Moldova further discussed simplification of travel regime with United Kingdom. Currently Moldova citizens does not have visa free travel to UK. According to official announcement
The Foreign and Commonwealth Office of the United Kingdom of Great Britain and Northern Ireland will support the efforts of the Moldovan authorities in the dialogue with the Home Office regarding the examination of the procedure for simplifying the travel regime for the citizens of the Republic of Moldova. This position was expressed by Sir Alan Duncan, Minister of State for Europe and the Americas at the Foreign & Commonwealth Office, during a meeting with the Ambassador of the Republic of Moldova in London, Angela Ponomariov.
The subject of simplification of the travel regime has been addressed by the head of the diplomatic mission with a view to ensuring an appropriate post-Brexit bilateral legal framework in order to avoid the negative impact both on the activity of economic agents in our country
Currently Moldova offers visa exemption for nationals of 100 countries
Moldova is also opening a new citizenship by investment program in partnership with Henley and Partners by Nov 2018 starting with €100,000 investment to boost investment inflows into the country.
Source: emerging-europe.com
