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Old 30-06-2008, 02:26 AM
David howe David howe is offline
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Join Date: Oct 2007
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Firstly, you seem to say that a non-Romanian EU-citizen does not have to establish a Romanian company in order to buy land for construction, this despite all the reading I have done and advise received from various knowledgeable sources

This is correct, you do not need to set up a company and further due dilligence will actually tell you that many of the professional knowledgeable sources lack a lot of knowledge. When Land registry are willing to register the land in a foreigners name we can have no better endorsement than this. However, you will find few lawyers & Notaries are up to speed, especially lawyers who this creates i nice little earner for





you write that in any case a Romanian company owned by a foreigner must be a subsidiary of a company established in the home-country

This is not something I have ever stated and is not the case

David Howe LLB. LLM

INVESTMENT ROMANIA - Investment in Romanaia, Property management, Due diligence, Renting in Romania
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