Archive for December, 2009

Buying Property In Romania

We are currently collecting information for those wanting to buy property in Romania.

The following is a statement from one of our members describing his experiences:

Mikey says,

“I bought an apartment here back in ‘06, just before we joined the EU, and I’m currently looking for a house in the country, so I can fill in the details from an EUian’s point of view.

Basically, anyone can own an apartment, you don’t need to be a resident. However, with each apartment there is a small patch of land, normally a square metre or so underneath the block, which you cannot own as a non-resident.

A lot of estate agents/websites will tell you that ‘foreigners can’t buy land in Romania unless they do so through a company’. This was true until 2007 but now it isn’t. A lot of the agents don’t seem to know this, or perhaps they prefer to ignore the changes in the law because they can charge the purchaser an extra 1-2000 Euro for setting up said company. Even many notary publics aren’t aware of the new rules, so you have to shop around to find one who does and who’ll process your land purchase.

Basically, the Romanian legislation states that non-Romanians who are not resident in Romania, but who are EU citizens, may not buy land until 2012. What this essentially means is that an EU citizen who is a legal resident of Romania CAN buy land at the moment. It then goes on to define a legal resident as “a foreigner who has the right of residence on Romanian territory”, in other words, an EU citizen holding a certificate of residence.

Thus, if you hold a passport from an EU country, and apply for the certificate mentioned in the above article, then the notary public is obligated to accept any land transactions completed in your name.

Obviously, buying land as a ‘persoana fizica’ is far more convenient than doing so as a company, which involves many more costs, taxes and adminstrative headaches (regardless of what the estate agents tell you). As the purchaser YOU have the right to choose the notary public, so it’s simple enough to ask around till you find one who is more familar with the most recent property laws.

Anyone not from an EU country, or not able to prove that they live in Romania, would still have to purchase the land through a company.”

Posted by admin on December 10th, 2009 1 Comment

Vlad Dracula And Other Rulers

Little in their history has given Romanians cause for celebration. They frequently suffered at the hands of a succession of invaders (invadatori) and have lived for long periods under foreign rule (stăpânire). About the year 1000 Transylvania was conquered by the King of Hungary and, except for a brief period (perioadă) in the sixteenth century, remained under Hungarian control (autoritate) until 1918. Moldovia and Wallachia were created in the 1400țs and both were ruled by Romanian princes (domnitori). The best known of these are remembered by the Romanians for their attempts to defend their domains against invaders from the north (nord) and south (sud) such as the Poles (polonezi) and Turks (turci). Stephen The Great (Ștefan Cel Mare), prince of Moldovia, defeated the Turks on several occasions and managed to keep Moldovia independent until his death (moarte) in 1504. In recognition of his exploits Stephen was called The Athlete of Christ by the Pope (papă).

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Posted by admin on December 10th, 2009 No Comments

Residence Registration In Romania

Residence in Romania of the citizens of the EU / EEA and family members

You are a citizen of a Member of the European Union or European Economic Area and wish to stay more than 90 days in Romania? Then you need to register residence at the Romanian Immigration Office.

Documents issued by the Romanian Immigration Office are: registration certificate (for citizens of EU / EEA) residence card (for family members of EU / EEA), permanent residence card (for EU / EEA, and for their family members).

EU / EEA and their family members can work in Romania in the same conditions as Romanian citizens (based on an individual contract of work approved by the Labor Inspectorate, contract deployment, civil convention, etc..).

To obtain a certificate of registration a series of documents must be submitted, depending on your purpose of stay in Romania. Registration certificates are issued the same day and are valid for an undetermined period.

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Posted by admin on December 9th, 2009 3 Comments