Quote:
Originally Posted by cochranehanna
HI
I would be very interested in any information you could give us on this "Company" thing in Romania. We are buying a house in the Sydney Development in Tunari just outside Bucharest on the way to the airport and a lawyer have just contacted us in relation to setting up a company... cost 1400euros. He had failed to mention accounting costs etc. and all the tax information too.
We would greatly appreciate info on credit in Romania as a non-resident and how we can buy in our own name
Many thanks
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Your company setup price is way out of line, to be honest double, accounting etc is not that difficult nor expensive. Regarding your mortgage you can easily get 75%LTV on your own name as non-res. just have to send all paperwork notarized and some also with apostille (the Hague) and translated, banks are happy to hold mortgage. Rates are more then anywhere else in europe, but that will hopefully come down.