The mechanism for implementing the citizenship by investment program was approved by the Cabinet. The document specifies the necessary legislative changes and technical processes and the procedures and forms of applying to the program, IPN reports.

“There were defined the general requirements and eligibility criteria, the method and conditions of checking their fulfilment, including the good economic and financial reputation, the exact number of documents that need to be filed by applicants,” Minister of Economy and Infrastructure Kiril Gaburici explained.

The document also regulates the institution of the Program Implementation Unit and introduces additional duties for the Public Services Agency that will ensure the secretariat of the commission for the provision of citizenship by investment working under the Ministry of Economy and Infrastructure.