The Romanian government plans to introduce a program called “golden investor visa” (Residency by Investment). According to the article, it will be possible to obtain a residence permit by investing €400,000 or more in the country’s economy. Applicants will have to confirm the legality of the origin of the funds, not be on any sanctions lists, and not pose a threat to national security, the publication reports.
Thus, with the introduction of this program, Romania will join the number of European countries that offer foreign investors a simplified procedure for obtaining a residence permit through investment.
What is a “golden visa” (Residency by Investment)?
This is a type of immigration program where a foreigner is granted a residence permit or residency in exchange for significant investments in the host country — for example, purchasing real estate, contributing to a fund, starting a business, etc.
