When investing in any property market always look to those in-the-know for the real deal. By those 'in-the-know' we refer not to the members of the press or the sales agents but to big players in the property market where you are or are considering placing investments. Romania 2008 is shaping up to be another banner year despite the global real estate downturn, economic recession in much of the West and negative press that would seem to indicate at times other wise.
Experienced investors will rarely invest and invest significantly in a market they no longer believe in. In Romania, in 2008 investors both big and small, from investment funds to smaller private developers, are continuing to hedge their bets on Romania. In a year in which we saw the sub-prime mortgage crisis in the US and the near collapse of real estate markets in much of the world, Romania proved once again the virtually unchallenged place to be for the profit-making property investor.

The UK, US and most Western countries have dual-tax agreements with Romania.  This means that if you are need to pay any taxes in Romania then these taxes can be declared on your country tax return to avoid you having to pay tax twice.[....] Direct sale of real estate is subject to notary fees and possibly to judicial stamp duty or cadastre duty and VAT as described above, while transfer of shares in a Romanian entity is not.
As long as profits are re-invested in the company, no tax needs to be paid!  (This is one of the key reasons why many companies, particularly from France , Germany and Holland , are investing in Romania).

You can set up a company without going to Romania.
Visit www.YourCompanyinRomania.com for more ..