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ARTICLE · 25 MAY 2021

Moldova Will Reduce Foreign Investors' Minimum Investment

This is provided for by the relevant amendments to the Law on the regime of foreigners, which the parliament adopted earlier in the first reading on the initiative of MP Dumitru Alaiba...

MoldovaGovernment, Public Sector

This is provided for by the relevant amendments to the Law on the regime of foreigners, which the parliament adopted earlier in the first reading on the initiative of MP Dumitru Alaiba. The Commission on National Security, Defense and Public Order at a meeting on Wednesday recommended that the bill be adopted in the second reading. In particular, the matter concerns amending the article of the Law on the regime of foreigners, concerning the granting and extension of the right to temporary residence to partners or shareholders of legal entities with foreign investments registered in Moldova.

The current version of the law stipulates that the right to temporary residence is granted to a foreigner who has made investments in accordance with the Law on Investments in Entrepreneurship, who is a partner or shareholder of a legal entity of Moldova, subject to one of the following general conditions: ownership, directly or indirectly, of a share or several shares

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