Foreign equity participation in privatization of some government-owned enterprises is now possible. Enterprises with foreign investment can operate under laws in force the day they are organized and for 10 years thereafter, to protect against adverse legal changes. Foreign property cannot be expropriated except when the national interest is involved, and then only with appropriate compensation. After payment of taxes, customs, and duties, foreign investors are guaranteed the right to remit abroad in foreign currency funds derived from their investment. Moldova's privatization program also offers opportunities for foreign investors.
Privatization currently focuses on the sale of state-owned assets for cash.
Local investors can pay for an acquisition in installments, although foreign investors must pay the total sum on the spot. Some Problems Despite their enthusiasm, representatives of U.S. business in Moldova point out that improvements could still be made to the country's business climate.