Program Details
Overview
Romania’s Citizenship by Investment Program, though less widely recognized, provides a distinctive chance to obtain citizenship in an EU member state. Situated at the crossroads of Central, Eastern, and Southeastern Europe, Romania is known for its rich cultural heritage, scenic landscapes, and a rapidly expanding economy.
Investment Options
Real Estate Investment: At least €250,000 in Romanian property, held for a minimum of 5 years
Business Investment: Minimum €500,000 in a Romanian company, creating at least 10 full-time jobs
Government Bonds: Investment of at least €500,000 in Romanian government bonds, held for 5 years
Key Benefits
EU citizenship, allowing the right to live, work, and study anywhere in the EU
Visa-free or visa-on-arrival travel to over 170 countries, including the United States
Access to Romania’s quality healthcare and education systems
No requirement to renounce existing citizenship
Eligibility to extend citizenship to family members
Favorable tax regime for new residents
Eligibility Criteria
Be at least 18 years old
Maintain a clean criminal record
Pass all due diligence checks
Provide proof of a legitimate source of funds
Make the required investment
Maintain the investment for the specified period
Processing Time
The processing time for Romania’s Citizenship by Investment Program usually ranges from 12 to 24 months, depending on the complexity of the application and the selected investment option.
Dual Citizenship
Romania allows dual citizenship, enabling investors to keep their existing nationality while obtaining Romanian citizenship.
Travel Benefits
Romanian citizens have visa-free or visa-on-arrival access to more than 170 countries and territories, including all EU member states, the United Kingdom, and Canada. They can also apply for the US ESTA, facilitating easier travel to the United States.
Tax Benefits
Romania provides an attractive tax system, featuring a flat 10% personal income tax and a 16% corporate tax rate. New residents may also qualify for special tax incentives during their initial years in the country.
Required Documents
Completed application forms
Copies of valid passports
Birth certificates
Marriage certificate (if applicable)
Police clearance certificates from country of origin and current residence
Medical certificates
Proof of investment
Business plan (if applying through the business investment option)
Proof of address
CV and professional qualifications