Important factors to consider in residence planning
Nestled between Europe and Asia, the Republic of Moldova is home to more than 4 million people. Named after the Moldova River, where Prince Dragoş — the first ruler of Moldova — is believed to have first settled in the region, this quaint European country gained independence in 1991 and became a member of the UN in 1992.
In addition to its strong agricultural and food-processing industries and its growing free-market economy, Moldova is one of the world’s main wine exporters, with the Mileştii Mici winery on the outskirts of capital city Chişinău housing the largest wine collection in the world. The country’s wine-making practices date back almost 5,000 years.
Holders of the Moldovan passport can access 120 destinations, including Russia, Turkey, and the countries in Europe’s Schengen Area. The official language of Moldova is Romanian (termed ‘Moldovan’), while Russian is also spoken by many locals. Moreover, thanks to the country’s close relationship with the EU, English is widely spoken in most regions, and its usage is growing fast among the country’s multi-ethnic population.
Moldova has spearheaded some of the most impressive advancements in the tech world. It was the first nation globally to launch high-definition voice services for mobile devices, and Moldova is ranked 3rd in the world in terms of internet speed.