Residence in Romania offers several attractive benefits for investors seeking European residency. The program boasts a quick application processing time of only 30 to 45 days from submission to approval, making it one of the more efficient and cost-effective residency options available in Europe.

Why Choose Romania?

• No Minimum Stay Requirement: There is no mandatory stay period in Romania, providing you with maximum flexibility to manage your time between Romania and other countries.
• No Additional Contributions: Once you meet the financial requirements, there is no need for further investments beyond the initial minimum investment.
• Real Estate Investment Focus: The primary aim of the program is for you to establish a company in Romania and invest in real estate. Importantly, the investment required is capped at €50,000, with no obligation to invest more.
• Access to the Schengen Area: As a resident of Romania, you will enjoy access to all Schengen Area countries, granting you the ability to travel freely within European nations without additional visas or permits.

Program Overview:

• Residency Duration: Initially granted for 1 year, renewable annually.
• Eligibility: The main applicant (must be over 18) can include a spouse, children under 18, and parents as dependents.
• Investment Requirements: The minimum required investment is €50,000 to establish a limited liability company (LLC) in Romania. You will also be appointed as the director of the company, but no shareholding is required.

What You Need to Know About the Investment:

The Romanian residency program focuses on establishing a limited liability company (LLC) primarily for real estate investment. The only obligation is a €50,000 investment for the company’s share capital, and this amount should be transferred within three months of the company’s incorporation.

Real Estate Investment:

After the second year of residency, share capital must be invested in the acquisition of property intended for business purposes, such as office buildings, residential real estate, or technology transfer projects. This provides an excellent opportunity to enter the Romanian real estate market with minimal requirements and it can be invested from the first year as well.

Program Steps for Non-EU Nationals:

For non-EU citizens, the process to obtain residency as a director of an LLC in Romania involves three key steps:

1. Step 1: LLC Formation
   • The client is appointed as the director of the LLC. A family member can be the shareholder.
   • Minimum Investment: A share capital of €50,000 must be transferred within three months of the company’s incorporation. This capital can be wired into the company’s account either by the applicant or another person on behalf of the applicant.

1. Step 2: Long-Stay Visa (D/AS Type)
   • The client will attend a visa interview at the Romanian consulate in their country of residence.
   • The long-stay visa will be granted within 30 days of approval.

1. Step 3: Residency Permit
   • After the visa is granted, the client will attend an appointment for biometrics (within 2-3 weeks).
   • The residency permit will be issued, and the card will be printed within 30 days.