19,144,163
Population
$18,887
GDP (per capita)​
153
Visa-Free Countries​
$710 billion
GDP (purchasing power parity)
  • Romania

Romania, a captivating country in Southeastern Europe, is known for its rich history, stunning landscapes, and vibrant culture. Nestled within the Carpathian Mountains, Romania offers a diverse tapestry of experiences, from medieval castles and charming villages to bustling cities and pristine wilderness. With a legacy that blends Eastern and Western influences, Romania presents a unique blend of traditions, making it an intriguing destination for both travelers and those seeking to call it home. Explore the scenic wonders, delve into centuries of history, and discover the warmth of Romanian hospitality in this diverse and welcoming nation.

CAPITAL CITY

  • Bucharest
TIME ZONE
  • UTC+1
TOTAL AREA
  • 238,397 square kilometers
LANGUAGES
  • Romanian (official), Hungarian, German, Roma
CURRENCY
  • Romanian leu (RON)
MAIN INDUSTRY

  • Agriculture, machinery, electronics, and textiles
  • Program Overview
The Romanian Residency by Investment Program invites global investors, offering flexibility in their contributions through various investments. Romania doesn’t just grant residency but is also expected to join the Schengen Zone for easier European travel. This program not only provides a transactional opportunity but a transformative one, enhancing residents’ quality of life.

Program Benefits

3
Months to Citizenship from
2,000,000
Min Investment Amount (€)
3
Years to Citizenship (from)*
Romania-banner1

There are several benefits to the Golden Visa program.

  • The right of free movement to Austria, the rest of the EU, and Europe’s Schengen Area
  • Opportunity to establish residence as a person of independent means
  • Visa-free access to all Europe’s Schengen Area states
  • Possibility for citizenship eligibility after 10 years of residence
  • Attractive lifestyle and healthy environment
  • Excellent transport and communications

KEY ADVANTAGES

  • High living standards: Austria’s advanced economy and robust social safety net ensure a high living standard. This encompasses quality healthcare, education, housing, and a balanced work-life.
  • Central European location: Austria, situated in the heart of Europe, offers easy access to neighboring countries, making it ideal for travelers and business professionals.
  • Scenic beauty: Austria’s breathtaking alpine landscapes, lakes, and forests provide ample opportunities for outdoor activities like skiing, hiking, and biking.
  • Program Qualifications
  • Due to a stringent annual quota, only a limited number of applicants will be selected, with an approximate limit of 300 individuals. To qualify for residence under the Austria Private Residence Program, candidates must meet the following prerequisites:
  • Maintain a minimum of EUR 40,000 in liquid funds, which may vary based on family size.
  • Provide evidence of permanent residential real estate, whether purchased or leased, where both the applicants and their dependents will reside.
  • Possess private healthcare insurance.
  • Applicants are also obliged to:
  • Personally deliver the mandatory documentation to the Austrian consular or diplomatic representation in their current country of residence.
  • Secure a special visa at the Austrian embassy upon approval of their residence application. This visa allows them to travel to Austria and collect their residence permit from the appropriate authority.
Romania-banner3
CHECK IF YOU QUALIFY

Fees

The fees involved for citizenship by investment in Austria are as follows:

Application fee:

€700

Provincial administrative fee:

€76 – €152 (depending on the province)

Investment:

€3 million

In addition to these fees, applicants may also have to pay other costs, such as:

Translation fees:

€500 – €1,000

Health checks:

€200 – €300

Police certificates:

€50 – €100

The total cost of citizenship by investment in Austria can therefore range from €3.1 million to €3.3 million.

It is important to note that these are just estimates and the actual cost may vary depending on the individual applicant’s circumstances.

FAQs about Romania & The Citizenship by
Investment Programm:

The Romanian Residency by Investment program offers foreign nationals a pathway to secure a residence permit in Romania through significant contributions or investments in the nation’s economy. This program also paves the way for investors to potentially attain Romanian citizenship.
Foreign nationals can apply for a Romania investment visa based on their roles in a company, either as shareholders or associates engaged in substantial economic or commercial activities that align with their intended business activities in Romania.
The minimum investment varies depending on the investor’s role. Company directors are required to invest a minimum of €50,000, primarily in real estate or technology. Shareholders in a limited liability company must also invest €50,000, while those involved with a joint-stock company are subject to a minimum investment of €70,000.
Yes, the family members of the principal investor can also participate in the program, and they too have the opportunity to follow the path toward Romanian citizenship by fulfilling the necessary residency conditions.
After obtaining the initial residence permit, one must maintain temporary resident status for five years, followed by three years as a permanent resident. Once these conditions are met, individuals can apply for Romanian citizenship.
Yes, for a permanent residence permit, demonstrating a satisfactory understanding of the Romanian language is crucial. This proficiency in the language strengthens the application process for individuals progressing toward Romanian citizenship.
The program primarily focuses on residency and citizenship pathways. Any potential corporate tax exemptions are contingent on individual business cases and the location of the investment.
While these specific nationalities have certain exemptions from standard requirements regarding investment, job creation, and means of subsistence, they are still required to become shareholders or associates in a Romanian company, arrange accommodation, and undergo medical assessments to obtain the residence permit.

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Disclaimer

The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.

Disclaimer
The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.

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