Romania is located in the east of Europe and attracts attention with its historical riches and natural beauties. This economically developing country offers various incentives to attract foreign investors. However, Romania does not officially have a program such as a residence permit by investment or “Golden Visa” program. Still, the country offers investors the opportunity to obtain a residence permit if they meet certain investment criteria.
Real estate investment in Romania is popular in big cities and tourist areas, especially in the capital Bucharest. Foreign investors may have the chance to obtain a long-term residence permit by investing in real estate such as residences, commercial properties or tourism facilities. The real estate market attracts attention with its reasonable prices and rising rental income potential.
To obtain a residence permit by investment, an investment above a certain amount is generally expected in Romania. In addition to purchasing real estate, these investments can also take the form of investing in a local business or starting a new business in Romania. The amount, type and economic contribution of the investment are among the important factors for obtaining a residence permit.
It is important for investors who are considering a residence permit or real estate investment in Romania to obtain detailed information about the country’s investment laws, real estate market and immigration policies. In this process, working with an expert advisor to understand Romania’s investment environment and legal framework can help investors make the right decisions. Romania continues to be an increasingly attractive destination for investors with its EU membership and strategic location.