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Romania Sets Investment Criteria for Long-Term Residency

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Romania Sets Investment Criteria for Long-Term Residency

Romania's General Inspectorate for Immigration has announced a financial requirement for foreign investors aiming for long-term residency in the country. Investors must either invest a minimum of one million euros or create more than 100 full-time jobs in Romania to qualify for residency rights.

This exemption allows them to bypass standard requirements related to length of stay and proof of financial maintenance. Additionally, individuals of Romanian origin and those whose presence benefits the Romanian state may also qualify for long-term residency, provided they do not pose security risks.

The policy extends to minors, allowing children of parents with long-term residency status to gain similar rights. The one million euro investment threshold is designed to attract high-net-worth individuals, while the job creation option offers an alternative route for those focused on employment-driven investments.

Plus234Feed summary based on reporting from Legit.ng. Read the original report below.

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