Dubai real estate investors offered Moldovan passport

UAE-based European real estate developer Kleindienst Group announced that investor interest in its floating Seahorse Villas homes at The Heart of Europe had increased following its decision to offer Schengen visa-free citizenship through the Moldovan Citizenship by Investment (MCBI) programme wherein investors paying more than $1.3m (AED5m) in the project's first or second phases will be eligible for the scheme. Founder and chairman of Kleindienst Group, Josef Kleindiesnt, said the company was working with agencies accredited by the Moldovan government in the UAE to ensure all application processes are followed as required by law.