Seven Reasons to Invest in Romania Real Estate Properties
Posted by business | investment | Posted on January 30th, 2010
Romania – famous for its beautiful palaces and castles, wonderful liquors and food, Dracula, dazzling women is a beautiful country located in central-eastern Europe. It is the 12th largest country in the Europe. The economy of Romania has shown potential growth in the past few years. Since 2000, Romania has shown a rhythmic growth of 4.5% raised by 8.3% in 2004.
The current economy statement in Romania is steadily increasing the levels of GDP and significantly high levels of Foreign Direct Investment (FDI). The economy investment grade has recently been upgraded by Fitch and P&S. Romania benefits from the rising FDI flows due to the privatization process, and the advantages of its big internal market
Romania is also having a great geographical location at the intersection of some great trade routes joining the Far East with the Western Europe. With population of more than 20 million people, Romania has a large domestic market. After having such great property investment opportunities, Romania is continuously attracting more and more foreign investors to invest in Romania. Stable and encouraging government of Romania is the other reason which is creating great investment opportunities in Romania. The Real estate market in Romania is growing at a rocket speed. Following are some best reasons for investing in Romania.
Reasons to Invest in Romanian Real Estate Property:
1. With strategic and visionary efforts by Romanian government, the economy is becoming stronger and stronger over the years. Romania is one of the fastest growing economies in Europe.
2. Falling inflation and increasing employment are two other boosters of rapidly growing economy. Inflation has dropped to 7.5% low in 2005 from 22% high in 2002. Unemployment rate also fell to 6.2% in 2006 with less than 3% in capital Bucharest which is far lower than the many other developed European economies. With under control inflation and falling unemployment rate Romania is confidently creating the strong property buying opportunities over the country.
3. Foreign investment in Romania is increasing drastically. From 2001 to 2005, foreign direct investment in Romania has reached over 5000 million euros and more 8000 million euros added in 2006. With 55% of FDI in capital city Bucharest, major companies from all over the world are coming to invest in Romania.
4. Along with capital city of Bucharest, other cities in Romania like Brasov, Transylvania, Craiova, Constanta and Iasi are also attracting investors. Transylvania is the Romania’s biggest tourist asset and the expected to attract more investment with immense number of investment opportunities. One more golden opportunity where investors want to invest is in Brasov, the most visited city of Romania. Having facility of international airport, Brasov is also linked with new motorway for fast transportation.
5. Report given by investment experts says that house prices in Romania are expected to increase by 4 times higher over the next 10 years. In past few years, property prices are already raised by 25%. Even such a great rise, property price in Romania are still 20-30% lower than the other eastern European countries.
6. After accession to the EU in 2007, the real estate market in Romania has been influenced dramatically. EU funding to Romania has been invested into the infrastructure development in road, hospitals, schools, bridges etc. EU funds will help to create more jobs and therefore potential customers seeking to buy/rent properties.
7. Low tax rates are the other main reason to invest in Romania. Romanian government has set up a flat rate of only 16% for corporation and income tax. Such low and fixed rate of tax is powering Romania to draw more foreign investors seeking for new business places.
Some other secondary factors are also responsible for great investment opportunities in Romania. Romania has great network of international airports with two in capital Bucharest. Developed and fully facilitate ports in Romania is also boosting its economy drastically. Romania has huge network of telecommunication systems equipped with modern telecommunication equipments. Also there are nearly 48 industrial parks.
As far as it looks, the boom is yet to come! Buying property in Romania will be great ROI in near future. So what are you waiting for? Invest now in Romania for your better future.
No related posts.
Related posts brought to you by Yet Another Related Posts Plugin.
Yes, you can invest with an American investment account, as long as you comply with certain regulations. Here is a direct quote from my broker/dealer:
"Non-Resident Alien: An individual who is not a citizen and who does not have his permanent (tax) residency in the United States. A nonresident alien is subject to 30% NRA withholding on some types of U.S. income, and he must file a nonresident tax return on that income. The U.S. has tax treaties with many countries allowing a resident of any of these countries to claim reduced rates of withholding. A nonresident alien is required to file an original W-8BEN with the payer or he will be treated as a U.S citizen and be subject to backup withholding according to TEFRA rules.
Here is a list of countries that the U.S. has sanctions against, with the date the sanctions were instituted. Residents of these countries may not have an American investment account:
OFAC Country Sanctions Programs Program Last Updated:
Balkans Sanctions 05/22/2006
Belarus Sanctions 02/27/2007
Burma Sanctions 05/22/2006
Cote d'Ivoire (Ivory Coast) 09/19/2006
Cuba Sanctions 05/23/2007
Democractic Republic of the Congo Sanctions 03/30/2007
Iran Sanctions 04/04/2007
Iraq Sanctions 07/21/2005
Former Liberian Regime of Charles Taylor Sanctions 05/23/2007
North Korea Sanctions 02/02/2007
Sudan Sanctions 04/04/2007
Syria Sanctions 08/15/2006
Zimbabwe Sanctions 05/22/2006
you might get stuck in the snow… need to eat your friend to stay alive…
First, I would make sure you have at least 3 months salary saved up in the bank or in a money market fund for an emergency fund. Financial disasters like getting layed off or sick happen to all of us.
Second, I would pay off all high interest debt. Pay off everything you can except the house mortgageand student loans. Paying off debt is one of the best investments you can make. You will have more money in the future because you won't have credit card bills to pay.
Third, if you have money left, start investing in stocks, bonds, and money market funds. You want to buy a diversified portfolio of stocks, as individual stocks are too risky. For most folks this means buying mutual funds. I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money conservatively, in money market funds and bond funds, and part aggressively in stock funds. Vanguard.com has an on-line questionnaire which will give you an idea how aggressive you want to be.
Investing in a mutual fund IRA for retirement may give you an income tax break. Talk to your tax adviser. You may also be able to invest in a stock mutual fund via a 401K plan at work.
Believing someone you met over the Internet and know nothing about is risky. Read these websites for further information.
You don’t always have to take big risk to make money heres an example, search “rti recoiless” these guys are on the move big time.
Can’t Get Ahead With Your Finances?
Avoid bankruptcy, save your credit and learn how to work from the comfort of your own home at a very low cost. Are you ready to learn something which you never dreamed possible to believe? What if I told you a secret about the Gold market that would give you a 90% accuracy on which direction oil will go 24 hours per day, would that interest you?
Google: Oil Trading Academy
I LOVE YOUR NAME!
The BEST website is the Motley Fool, it explain things in an easy to understand tone. One of the options they suggest for someone to invest with a little per month is direct investment with a company.
@MuskratandRatman the best time to invest in anything is 20 years ago…. today is 20 years ago in 20 years. think about it
“Yay!!” is the new “boo!!”
If you're a rookie in investing or stocks, go to
http://www.finance.yahoo.com.
Open up a portfolio without using real money. You can give yourself as much or as little money to try out the market. The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody's got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression.
That's the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won't lose money. It's just that these stocks are the best. They pay good dividends too.
Then once you're comfortable and test the waters of the market, you can finally put some real money in. Go to Scottrade.com. They're excellent for beginners.
There are mutual funds that do that. Suggest that she research mutual funds. When she finds one she likes, look at it's IRA plan.
Another option would be the local bank for starters.
Avoid DRIPs which are just one company stock.
Suggest that she look at a ROTH IRA … not the traditional IRA. Below are some examples and one mutual fund company that used to accept automatic monthly investments of $25.00 per month, I do not know what their minimum monthly is now.
As always, investigate before you invest.
Better put your savings into a high interest account @12% APY as I did and get a guaranteed income.
This is the best and safest investment for you.
Investing in stocks is too risky for you as a beginner.
Contact me for more details (check my profile).
Good luck!
Cool video! You may want to check out our new twice weekly show that features experts on Commodity Investing…the Show is called: Industry Watch
Cheers, Even Keel Media
In today's world the easiest way is on-line. E-trade being one of the on-line traders they are cheap and do not require a large minimum. Different stocks and bonds have different requirements for purchasing. For stocks 100 shares is a typical minimum. For Bonds I believe you might still find some for 1000 dollars. But there are always exceptions and you can still buy 1 share of some stocks.
Before you start understand trading is legalized gambling and though it is monitored there is still corruption. Only invest what you can lose. Always pay off your debt first.
For information on Trading. The local library is always a good source. There are also several Magazines and Newspapers always willing to give you pointers and their view of how you should invest.
Best strategies invest for the long term consistent gain.
Thanks for posting this, keep it up. For any investors looking for a new financial community please check out E-Share Holder… we open this week!
capital gains and dividends if you do your homework there are decent returns to be made obviously there is risk you may loose it all
Check it out here. It’s an excellent site with some wonderful options for you. It will definitely help you. Have a look.
http://investments-insurance.we.bs/sharesnstocks.html
BusyStock dot-com is a free emerging provider of financial service with a distinctive approach.
The unparalleled stock screener built for traders,? with 5 day high/low watch, 20 day high/low watch, ATR, RSI, MFI, MA crossover and more.
In the meantime, its Earning Release Tracking tool has been the buzz for a long time.
Also, We follow Pre-Market with a unique powerful Top 100 Stock list.