Benefits of second citizenship

Benefits of Moldovan citizenship. The acquisition of a second citizenship could save your life in times of political unrest, civil war or similar situations. In this increasingly dangerous world, acquiring a second citizenship is a wise and future-proofing decision. Not without reason, thousands of international business people, wealthy individuals and families buy an alternative, second citizenship every year. This second citizenship is regarded as an additional life insurance or as a protective shield for the spouse and the children.

In addition, a second citizenship can also serve to lower your taxes and protect your assets. It allows for better protection of assets, greater financial privacy, higher returns, greater personal and financial security, and deferred taxes on pensions and life insurance. For example, opening a foreign bank account with a second nationality is much easier. Such an offshore bank account would allow you to buy securities and funds in financial markets around the world.

If you travel with this extra passport, you will also avoid the entry / exit stamps in your current passport from countries where your government limits travel.

Benefits of Moldovan citizenship

  • Visa-free or visa on arrival access to 122 countries and territories. Granted visa-free entry to 26 Schengen Area countries as well as Russia, Turkey and Malaysia.
  • Moldovan Citizenship is for lifetime and can include beside the main investor also his dependent family as spouse, children and parents.
  • Moldovan citizenship can be obtained from a minimum investment of EUR 100,000.
  • Low tax rates.
  • The timeframe for the examination of the application will only be 90 days according to the government.
  • Dual citizenship is permitted
  • No previous education or management experience requirement
  • No interview and no mandatory travel is required during application process
  • No residency requirement
  • Low cost of living