Everything you need to know about legal structures, tax implications, and the acquisition process for foreign investors entering the Romanian market.
Can Foreigners Buy Property in Romania?
Yes. EU citizens can purchase property directly. Non-EU citizens can acquire property through a Romanian company (SRL). In both cases, the process is straightforward with proper legal guidance.
The Acquisition Process
A typical property acquisition follows these steps: property identification, legal due diligence, preliminary agreement, notarial deed, and registration with the Land Registry. The entire process typically takes 4-8 weeks.
Legal Structures
Most international investors hold Romanian property through an SRL. This provides liability protection, tax efficiency, and easier management of multiple properties.
Costs to Consider
Beyond the purchase price, buyers should budget for notary fees (0.5-2%), legal fees, property transfer tax, and registration costs.
