Granting the permit of stay for foreign investors in the  economy of the Republic of Moldova

Permit of stay for foreign investors

Marin Onofrei

Managing Partner

info@lawyer.md

Granting the permit of stay for foreign investors in the economy of the Republic of Moldova

Granting the permit of stay for foreign investors in the  economy of the Republic of Moldova

Starting a business and making investment in a local company in Moldova provides an opportunity for the foreign investor to get a residence permit and legal stay in Moldova for a longer period in a more expedited manner.

Foreign investors may be qualified to receive the permit of stay based on foreign investments made in the local company.

The permit of stay under this regime may be also granted to the individual (foreign citizen) acting as the shareholder and the administrator of local companies. The investment made in a company includes the contribution to share capital and the loans granted by the shareholder.

To apply under this procedure, one of the following minimum requirements has to be met:

a) the amount of investments made by the shareholder into the company in the last three years, shall be at least 30 000 usd; or

b) the company has created at least 4 work places and pays a salary which is no less than the 500 usd.

To obtain the permit of stay for a longer period, the amount of investments shall be higher or a number of jobs have been created in each company where the foreigner is a shareholder, as follows:

Term of the permit of stay (years)

Investments (average salary)

Jobs

2

60-200

4

3

200-600

8

4

600-2000

15

5

2000-4000

25

8

more than 4000

50