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Your guide to Romania’s new Residency by Investment Program

Your guide to Romania’s new Residency by Investment Program


21st October 2025

The Romania Golden Visa represents an opportunity for investors seeking access to EU Residency by Investment. The program is currently at the draft legislation stage. It aims to facilitate access to residency and, ultimately, Romanian citizenship for non-EU nationals.

According to Profit.ro, the program would offer a renewable five-year residence permit in exchange for a minimum investment of €400,000. Applicants would also have the option to include their family members under the same permit.

Your guide to Romania’s new Residency by Investment Program

Investment options for Romania Golden Visa

The Romania Golden Visa Program would offer four main categories of investment:

  • Romanian government bonds: purchase of at least €400,000 with a minimum five-year maturity.
  • Real estate in Romania: acquisition of a property worth at least €400,000, to be maintained for five years.
  • ASF-authorized investment funds: investments of at least €400,000 in approved funds.
  • Shares in Romanian-listed companies: purchase of shares worth a minimum of €400,000.

The program requires that the chosen investment be maintained for the entire duration of the residence permit. There is no minimum annual stay requirement in Romania. Investors can retain their status without physically residing in the country.

Security and compliance

To ensure transparency and security, applicants must:

  • Prove the legal origin of their funds,
  • Not be listed on any international sanctions lists,
  • Pass security risk assessments.

Before issuing the permits, Romanian authorities will consult several agencies. Those include the SRI (Romanian Intelligence Service). They also include the SIE (Foreign Intelligence Service) and the ONPCSB (National Office for the Prevention and Combating of Money Laundering). This review ensures a secure and compliant applicant profile. It also protects the integrity of the Romania Golden Visa Program.

Residency and Citizenship prospects for Romania Golden Visa

The draft legislation specifies access to permanent residency after five years. Investors could also apply for Romanian citizenship under Law no. 21/1991. The exact naturalization timeline remains unclear. Investors may first need permanent residency before applying for citizenship.

Your guide to Romania’s new Residency by Investment Program

International context

Romania Investment Immigration is part of a global wave of residency-by-investment programs. It joins countries such as the Maldives, Kazakhstan, Uzbekistan, and the United Arab Emirates. This positions Romania as a competitive alternative among European Golden Visa programs. It offers investors a combination of security, flexibility, and access to the European market.

Conditions and requirements for investors

To benefit from the Romania Golden Visa , investors must meet several key conditions and requirements.

Proof of legal funds and security checks

Applicants must prove the legal origin of their investment funds. They must not appear on international sanctions lists. Before issuing permits, Romanian authorities consult the SRI, SIE, and ONPCSB. This process ensures each investor presents a secure and reliable profile. It also protects program integrity.

Your guide to Romania’s new Residency by Investment Program

Maintenance of the Investment

A key principle of the program is that the chosen investment must be maintained for the entire duration of the residence permit. That period is five years. Eligible investment options include:

  • Romanian government bonds,
  • Real estate investment in Romania,
  • ASF-authorized investment funds,
  • Shares in Romanian-listed companies.

Maintaining the investment not only ensures the validity of the permit. It also contributes to the economic and financial stability of the country.

Minimum residence and length of stay

The Romania Golden Visa stands out among other European Golden Visa programs. Residence rules are flexible. There is no minimum annual stay to keep resident status. Investors can hold Romanian residency without living in the country. That makes the program attractive for international investors and their families.

Alternative path: Long-stay visa for commercial investors

In addition to the Romania Golden Visa , there is a long-stay visa for carrying out commercial activities. This program is for foreign associates or shareholders with management roles in Romanian companies. They must plan a significant investment.

To qualify, applicants must:

  • Submit a detailed business plan (type of company, amount and purpose of the investment, job creation, 3-year financial projections).
  • Have sufficient funds: at least €100,000 for a limited liability company (SARL) or €150,000 for a joint-stock company (SA).
  • Make the investment within 12 months of obtaining the visa.
  • Create at least 10 jobs for a SARL or 15 jobs for an SA.

This visa grants legal residency in Romania. Investors can develop their commercial activity. They may also prepare for permanent residency or Romanian citizenship.

Your guide to Romania’s new Residency by Investment Program

Legislative process and outlook of Romania Golden Visa

The Romania Golden Visa must still go through a full legislative process before becoming official. This program is part of the broader EU Residency by Investment framework. It could quickly position Romania as one of the most attractive destinations for international investors.

Expected timeline for adoption and implementation

The exact timeline remains uncertain. If the bill proceeds smoothly, the program could become operational as early as 2026. Relevant ministries (Interior, Economy, Finance) would then define the methodological standards. They would also set application procedures, fees, and monitoring protocols.

Comparison with other Golden Visa Programs

The Romania Investment Visa joins a global wave of residency-by-investment programs. For comparison:

  • Maldives: real estate investment of approximately $250,000 for a residence permit.
  • Kazakhstan and Uzbekistan: Golden Visa programs starting at $250,000–$300,000.
  • United Arab Emirates: Golden Visa extended to philanthropists in October 2025.
  • United States (Gold Card Suite): permanent residence options from $1 million to $5 million, still in pre-launch.

With a minimum investment of €400,000, the Romania Golden Visa Program is competitive in Europe. It is accessible. It combines flexibility and security. It also offers a path toward Romanian citizenship.

Source - Citizenship Invest

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