EUR 330,000, subject to EU state aid legislation. The main thing that makes getting a residency permit more difficult for an US, Canadian or any other non-EU citizen is the fact that self-sufficiency is not acceptable. ▪ in the said period they were not absent from the Member States of the European Union, the European Economic Area or of the Swiss Confederation for a period exceeding 12 consecutive months and the period of absence does not exceed 18 months in total; ▪ during this period of time, no measure of removal from Member States of the European Union, the European Economic Area or of the Swiss Confederation was disposed against the foreigner in question; ▪ they present proof of disposing of the necessary means of support to the minimum gross salary guaranteed in payment, except for foreigners who are members of Romanian citizens; ▪ they prove to have a social health insurance; ▪ they prove to legally hold a housing space. You often receive the passport in five years or more. In the case of jointly owned property, worth 250,00… For example, one can acquire a residence permit by owning a company in the country. Minimum investment. In addition they must meet the following. We initially struggled arranging documents and paperwork, but the company was assisting us in every step. How to get your residence permit if you are a non-EU citizen. In addition, children over 18 years old and parents of the main applicant can be added into the application without additional investment. The foreigners who prove to have made investments of minimum EUR 1.000.000 or have created over 100 full time places of work, may receive the long term residence permit if they fulfill the last 4 conditions mentioned above. The refusal to grant long term residence rights does not have any legal effect on the right of residence of the applicant. It is required that foreigners, before making the trip, contact the office of the Ministry of Internal Affairs in the area in which they plan to reside to make sure they will be able to get the temporary residence permit. The authorized agent provides the investor with advice on the most favorable investment activities, with due regard … The long term residence right granted to holders of EU Blue Card who had a right of continuous residence on the territory of the Member States of the European Union, the European Economic Area or of the Swiss Confederation in the past 5 years preceding the application, as holders of EU Blue Card, in case that for 2 out of the 5 years they had the right of continuous residence in the 2 years preceding the date of the application, as holder of the EU Blue Card, in Romania, is obtained provided the following requirements are cumulatively fulfilled: If you need clarification on any of the aforementioned points, our team of attorneys in Romania can assist. 6. retired. Temporary residency. If you are from the EU/EEA or Switzerland, you do not have to actually apply for a residence permit, as non-EU/EEA/Swiss nationals do. Things are a bit more complicated if you are a non-EU citizen who wants to stay in Romania for more than 90 days. 5. Swedish Citizenship. Investment name. Also, if you have been recognized as a refugee or have been granted subsidiary protection in Romania, and you are married for at least 5 years with a Romanian citizen, this period will be reduced by half. Application for the granting or renewal of a residence permit for family members of citizens of non EU / EEA will be settled within 30 days from the date of its submission. 31/1990 regarding the, Protecting children from the perspective of human rights, cr, Minimum fees recommended for lawyers 2021, The U.S. Embassy Bucharest Attorney List. However, in establishing this period, there will not be taken into account the right of residence offered by a short-stay visa, diplomatic visa or work visa, nor the residence right obtained for carrying out activities as seasonal workers. This type of visa is granted, on the grounds of the prior endorsement of the Romanian Center for the Promotion of Foreign Investments, to third-country nationals who are or will become shareholders or associates, in management and administration positions, within companies which have legal personality in Romania. The residence permit as a family member of a Romanian citizen must be renewed at least 30 days before the expiry of the previous one. Our platform is free to use and we do not charge any fee to clients. 48%. These programmes are especially popular with investors not wishing to emigrate and move their family but require flexibility should the need ever reside. (b) has personally the full ownership, possession and peaceful enjoyment of real estate property in Greece. EU/EEA and Swiss citizens have it much easier when it comes to getting a Romania residence permit. Residency in Romania is approved by the head of the Office for Immigration. Best Citizenships is now a part of Yellow network, “Very honest and professional service. Crimes and offenses free trade areas Romania, The European Arrest Warrant (EAW) in Romania, The modification of matrimonial regime in Romania, Termination of parental rights in Romania, The substantive conditions of adoption in Romania, The review of civil judgements in Romania, The confession in the Romanian civil proceedings. The Golden Visa gives you the option to obtain a higher-ranking second passport, but usually at a bigger cost. Call the experts at our law firm in Romania for a free consultation. Each residency by investment scheme offers different investment options and the required investment amount varies for each program. Austrian Residence-by-Investment. 61 Unirii Boulevard, Bl. unrestricted. Invest for residency in europe. While residence and citizenship by investment (CBI/RBI) schemes allow individuals to obtain citizenship or residence rights through local investments or against a flat fee for perfectly legitimate reasons, they can also be potentially misused to hide their assets offshore by escaping reporting under the OECD/G20 Common Reporting Standard (CRS). Our team of Romanian lawyers can provide more details about these conditions. The refusal as well as the reasons for its formulation, will be communicated in writing to the applicant within 15 days of the resolution. Portugal. Investors who wish to become Romanian citizens have to go through the general naturalisation process. The minors whose parents hold a long term residence may receive the same statute, without fulfilling the condition regarding the continuous residence in Romania in the last 5 years preceding the application; in case only one of the parents holds a long term residence, the consent of the other parent is needed in authentic form. SERVICE AREAS. The long-stay residence permit in Romania, Our Law Firm offers juridical representation and consulting regarding, Lawyers: Driving under influence in Romania (DUI), How to obtain a construction permit in Romania, Registration in Intra-Community Operators Register, Differences between Branches and Subsidiaries in Romania, Open a non-banking financial institution Romania, Non-governmental organizations in Romania. The naturalization time is reduced by half for citizenship, if the foreigners invest atleast EUR 1 million or more under the currently citizenship legislation. Spain — The country has a similar programme to Portugal, and a resident permit can be obtained by buying a €500,000 house or investing €2 million in Spanish government debt. Demonstrated their loyalty towards the Romanian state through their actions, conduct and attitude; Demonstrate that they did not undertake or support actions directed against the rule of law or national security and that he/she has never had such conduct in the past either, Is over the age of 18; Is known to have a good conduct and has not been convicted, either in Romania or abroad, for crimes which make him/her unworthy to be a Romanian citizen; Speaks the Romanian language and has basic knowledge of Romanian culture and civilisation, capable of allowing him/her to integrate into the social life; Is familiar with the provisions of the Romanian Constitution and with the national anthem. The residence permit of Romania is a document that allows it holder to legally reside in Romania. 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