Romania

Romania offers high net worth investors a dynamic market with growth potential. Its diverse economy and strategic location in Southeast Europe provide access to multiple markets. Real estate is affordable with prospects for appreciation, especially in burgeoning cities like Bucharest and Cluj-Napoca. The country’s rich cultural heritage, scenic landscapes, and emerging tech sector add to its allure. While challenges exist in bureaucracy and infrastructure, Romania’s economic resilience, coupled with its lifestyle offerings, make it an attractive option for a second home and investment.

Romania Golden Visa

Romania does not currently offer a golden visa or citizenship by investment programme similar to those offered by some other countries in Europe. Such golden visa programmes often allow individuals to obtain citizenship or residency rights through substantial investment, often in real estate, national development funds, or local businesses.

Romania’s Residency by Investment Programme

Romania offers a Residency by Investment programme. Company directors can apply for a temporary, renewable residence permit, with an upfront investment of €50,000.

Another option is applying for a residence permit for business activities. Applicants here need to invest €50,000 in a limited liability company or €70,000 in a joint stock company.

Romania Passport Strength and Ranking

If Romania were to offer a Citizenship by Investment programme, one of the attractions for applicants would be its passport. The Romanian passport offers visa-free access to around 188 countries worldwide. It is a fairly strong passport. Concerning access for business people, it offers visa-free access to 56.2% of the world’s wealth (as measured by GDP) and 85.4% of the global travel popularity. It ranks 46^th overall in La Vida’s comprehensive Global Passport Ranking.