Romania is a member of the European Union and has 41 counties. Bucharest, Iasi, and Prahova are the most important counties. Bulgaria, Serbia, Hungary, Ukraine, Moldova, and the Black Sea border the country, which is located in the heart of Central, Eastern, and Southeastern Europe. With a surface size of 238,397 square kilometers, Romania is Europe's 12th largest country. It has a temperate continental climate with an oceanic climate along its eastern shore. The Carpathian Mountains, highlands, and plains form the landscape. It has a population of over 19.3 million people, making it Europe's tenth most populous country. Bucharest, the country's capital, is also the country's most populous city, with 2.1 million residents. Cluj-Napoca and Timisoara are two other prominent cities. Henri Coanda International Airport (OTP) is the busiest, with 14 million passengers per year. With 2.9 million passengers per year, Cluj International Airport (CLJ) is the country's second busiest airport. Both airports connect Romania to the European Union and beyond on domestic and international routes.
Eastern European and Armenian influences are prevalent in Romanian culture. There is a diverse population, with the Easter Orthodox religion predominating. Romanian is the official language. The Civil Law is the foundation of the legal system. A semi-presidential republic is the government type.
The Romanian leu (RON) is the official currency. The country has an open economy, with a GDP of $525 billion dollars, putting it in 13th place in the European Union. Its people earn $29,555 per year on average. The GDP is primarily composed of two primary sectors: services and industries. Electric machinery, car assembly, wheat, corn, barley, and sugar beets are among the most important export exports.
Romania offers a diverse range of urban and natural tourism opportunities. The country is home to eight UNESCO world historic sites. The Wooden Churches of Maramures, Poiana Brasov, Corvin Castle, the Sucevita Monastery, Transylvania, and the Palace of the Parliament are only a few of the significant attractions. Every year, roughly 16.7 million tourists visit the country, the majority of which are from Europe and its neighboring nations.
Romania
Residency in Romania offers many benefits for those engaged in commercial activities. First and foremost, it provides access to a highly skilled and educated workforce. Romania is also home to a number of world-class universities, which produce graduates that are sought-after by businesses around the globe. Secondly, residency in Romania comes with a number of tax advantages. The country has a number of generous tax incentives for businesses, including low corporate tax rates and a number of double taxation agreements. These factors make Romania an attractive destination for businesses looking to set up operations in Europe.
Romania's Residence for Commercial Activities Program is designed to attract foreign investors and entrepreneurs to the country. The program offers a number of benefits, including a fast-track residency process, preferential tax treatment, and access to a host of government incentives.
In order to be eligible for the program, applicants must meet a number of criteria, including making a minimum investment in Romania and demonstrating a commitment to creating new jobs in the country. Once approved, residents can apply for Romanian citizenship after five years.
According to the SovSpot Passport Ranking Index, the Romanian passport is presently ranked 17th. It allows entrance to 176 countries without requiring a visa. It is one of the best-ranked passports in the world, with a high mobility score. Visa-free travel and visa-on-arrival are available to Romanian passport holders in countries such as the United Kingdom, the United Arab Emirates, Japan, and the European Union as a whole. This enables for almost instantaneous travel opportunities all around the world. Romanian passport holders, on the other hand, need a visa to visit roughly 53 countries around the world. China, India, and the United States are among the countries that require a visa.
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176
The number of countries Romania passport holders can enter without a visa (i.e. visa-free countries) is added to the number of countries Romania passport holders can enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) or an electronic travel authorization (i.e. visa-on-arrival countries) (eTA). There are now 136 visa-free countries for Romanian passport holders, 37 visa-on-arrival countries, and three eTA destinations. Romanian passport holders can visit a total of 176 countries, either without a visa, with a visa on arrival, or with an electronic travel authorization (eTA). As a result, the Romania passport is ranked 17th in the world. In addition to these visa-free and visa-on-arrival countries, there are 53 other countries where Romania passport holders require a physical visa or an eVisa (i.e. visa required countries).
You can apply for Romanian citizenship through descent if you have a parent or grandmother who was a citizen of Romania. However, you may petition for citizenship up to the third generation if you had a parent, grandparent, or great-grandparent born in the Kingdom of Romani between 1918 and 1940 in any location, including Bessarabia and Northern Bukovina.
Note: Keep in mind that the costs for citizenship by descent applications can vary and depend on many factors, such as:
* In the case of first generation citizenship by descent, we assumed ONLY administration costs, which will be around $100 or less (usually free if application is done in the same country versus foreign embassy or consulate)
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