In most European Union state members you can obtain and investment visa, if you invest in an existing or new local business or buy a property.
Of course, there is a certain amount that the investment needs to meet in order to obtain the investor visa, and the amount differs from country to country.
Also, most countries offer temporary visas that are valid for 1 year, but can be renewed.
After a few years, the investors can apply for permanent visa.
In addition, the investor must bring proof of anti-money-laundering and creation of local jobs, amongst other.
In Romania, this visa is granted based on the prior endorsement of the Romanian Center for the Promotion of Foreign Investments, to those who are either associates or shareholders, or will become managers or administrators of companies that are legally represented in Romania.
The conditions that must be met are opening or investing in an existing business to create minimum 10 permanent jobs for at least 5 years.
In addition, the investor will have some benefits by obtaining this type of visa: he can bring his family to live with him in Romania (spouse and minor children).
After 5 years, the investor with his spouse and minor children can apply for citizenship in Romania.
Compared to other European countries, it is much cheaper to invest in Romania and grow your investment in the future, due to the European Union funding that leads to rising prosperity.
For example, in UK the investment in about 1 million pounds, while in Romania you need to invest at least 100.000 euro in order to be granted the investor visa.
When having a good idea and the right support, anyone can run a successful business in Romania, or any other European country.
As every other thing, the beginning is a little bit harder when opening a business in Romania. Darie, Manea and Associates Law Firm is here to support you, with a vast experience and different law areas, and the process of obtaining visas and citizenship for foreigner investors, we can help you find the best investment and start in no time.
The above details are for your information. For more information regarding obtaining an investor visa in Romania, please contact us. Our lawyers from Bucharest provide free consultation.