2008 is a landmark year for Romania on many fronts. Having just joined the world's largest economical union, Romania continues to be an investor's haven offering once-in-a-lifetime " super returns" on investments as frequently
as as new investors come on to the scene.
2008 is the year to look outside of Bucharest. Capitol city investors should be seeking only investments that meet
a certain well-defined criteria. Nothing old, unless it's a real bargain. Luxury is always an option. There's a consistent ready market it for it. But, don't confuse luxury for over-priced. The growing middle class wants higher living standards in the city limits. Get in on an off plan opportunity that delivers what this group is looking for and maximize profits by looking for prices still at pre-EU ascension norms and get the full bang for your Eurobuck.

A wave of property boom has been traced across Romania. It started in Bucharest and caused prices to go through the roof in past years, limiting the opportunity as foreign investors finally caught on. It went through Brasov
leaving an average 212% growth in property value in it's wake and hardly a surrounding with less then 100% property growth in just one year. While prices still remain well below EU norms and continue to appreciate nicely, the boom has moved across the country.
In 2008 be bold and get exotic. You didn't do it in 2003-4 when you first ought about investing in Bucharest (or you are one of the chosen few who did and know exactly what I am talking about) and wish you did but seemingly missed your chance.

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.

When selling a property in Romania, the client will be subject to capital gains tax. If the property is owned for a period of less than 2 years, the capital gains tax payable is 16%,after a period of 2 years the tax is reduced to 10%.

This means that 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. You will be requested the following details:
- 3 proposals of company names, e.g your name, your initials, your last name, etc. Depending on company name availabilities, the trade register will choose one of the 3 names as your company name.
- Company activity.....