Romania · Residency by investment
Proposed Romanian Residency by Investment Programme (EUR 400,000)
NOT LAW. DO NOT PRESENT AS AVAILABLE. This was announced on 15 October 2025 as a PNL draft bill and registered in the Senate. As of July 2026 it has not passed either chamber. It still has to clear the Senate, then the Chamber of Deputies as the decision chamber, then possible review by the Constitutional Court, then presidential signature and publication in the Official Gazette.
This is worth tracking, but the odds are low to moderate and there is no reliable timeline. Romania would be launching an EU golden visa into the most hostile environment such schemes have ever faced. That is after the CJEU ruled against Malta's CBI in April 2025, and while Romania itself sits under an Excessive Deficit Procedure with a 2030 correction deadline.
Qualifying routes
PROPOSED ONLY. Maturity of at least 5 years.
PROPOSED ONLY. Held for at least 5 years.
PROPOSED ONLY.
PROPOSED ONLY.
The facts
- Minimum investment
- €400k
- Total landed cost
- Not applicable. The programme does not exist.
- Route type
- Residency by investment
- Physical presence
- No minimum stay under the draft.
- Family
- Family members would be includable under the draft
- Permanent residency
- Permanent residence after 5 years under the draft.
- Citizenship
- The draft refers to Law 21/1991 but is deliberately vague on the actual timeline to citizenship.
- Language test
- B1 Romanian under the ordinary route.
- Dual citizenship
- Permitted
- PROPOSED ONLY. Registered in the Senate and not passed by either chamber as of July 2026. Anyone offering to pre-register a client is selling nothing real.
- The political headwinds are severe. There is the April 2025 CJEU ruling against Malta's CBI, an openly hostile Commission and Parliament, and a legislature with its attention elsewhere. The Chamber of Deputies passed a Moldova-unification negotiation bill in June 2026.
- The draft's vetting provisions are unusually heavy. They call for source-of-funds checks plus screening by SRI (domestic intelligence), SIE (foreign intelligence) and the ONPCSB anti-money-laundering office.
- The draft's language on citizenship is deliberately vague. It points to Law 21/1991 without committing to an actual timeline.