Update: Even though Romania was a communist state, it was never part of the Soviet Union (USSR), but they were still strongly influenced by their politics. Sorry for the mistake in the video.

Romania is NOT a former Soviet country! It was communist, but NOT part of the Soviet Union!

I'm a US expat living in Romania and definitely would recommend it on the QOL side- a lot of English speakers, affordable, great food & wine, fastest & cheapest internet in Europe in my experience

Hmm as a romanian I can make a rating on moving to Romania by a scale from 1 to 10 1. People friendliness - 8 ( people are usually warm and welcoming ) 2. Climate - 7 ( very cold in winter - very hot in summers, I gave it 7 because at least you can have a hot summer on the beach ) 3. Prices - 9 ( Prices from food to services and rents are really low compared to rest of Europe, probably only Moldova, Bulgaria and Ukraine have lower prices ) 4. Salary - 4 ( If you work in the IT sector your salary is tax exempted 10% - so salaries in the IT sector are pretty good, not comparing with Western Europe but taking into account that prices here are low I believe it is worth it ) 5. Foreign language 8 - ( almost every young person speaks english, also lots of people undrstand or speak few words in other latin languages ) 6. Corruption - 6 ( It is still a bit high but not as it used to be, on the corruption level Romania has lower corruption than the other neighbours in the balkans and carpathians ) 7. Business - 7 ( The economy is booming, Romania has a fairly large population and also a high skilled population, there are incentives from the government if you want to do business, the only poor thing is that there is too much bureaucracy and also corruption at the high levels of government ) 8. Food - 7 ( Food is very good, a lot of foreigners love romanian cuisine, the problem with it is that is very high in fats and carbs, so you have to go to the gym and work out, you can also find in the big cities italian, french, greek, turkish cuisine, also the large fast-food chains ) 9. Universities - 7 ( You have pretty good universities in Romania, there are lots of foreign student here, even from Western Europe ) 10. Night Life - 9 ( Night Life is awsome in the big cities, great music, beautiful people, great night-clubs, festivals, concerts, alcohol is cheap, etc) 11. Infrastructure - 5 ( The infrastructure is bad, but you have all kinds of transportation ) 12. Wildlife & Nature - 10 ( From the Carpathian Mountains to the Danube Delta you can find all sorts of wild animals and birds that you can not find in the rest of Europe, also the countryside is not poluted, you can still find houses made from wood, domestic animals, forrests, clean mountain rivers, etc ) For foreign pensioners/ people who are retired it can be a very good option, prices are low, security is good, medical system is not very good but it's ok, also very good doctors. For tourists it would be an oportunity to visit and see something different. For entrepreneurs it can be very good if they have the patience to withstand the bureaucracy and to deal with corruption at higher levels. For students they have good universities and the night life is super. For foreign employees, maybe those who come from third world countries it can be good, but for westerners only in the IT sector...

I'm English and have been in Romania for 5 years now and its home and not planning on going anywhere. Glad you corrected the USSR comment as that was one of things Ceausescu refused to do, was join the Soviet Union. Has its ups and downs like anywhere in the world, but for me great people, beautiful country and a good hub to run a micro business, excellent pool of IT and engineers here all world class. Having driven through Ukraine, Bulgaria, Serbia and many other places in the East and Central Europe, I have no issues with Romania's roads. Most are actually pretty good, the only problem being in some areas, single lanes instead of two. I recently drove North South in Bulgaria to get to Turkey and some of the roads in Bulgaria were not the best! Corruption unfortunately still has a knock on effect down to the people with regard to provision of services at a municipal level, given the position of 'primar' or mayor in the municipalities has a lot of power and much gets filtered at that level. If your village in a municipality does not vote a certain way for example, you might find the promised gas line to the area does not eventuate or the roads are left unattended. So its not rampant but very much still around and certainly does have an effect that filters down. As for cold winters, they are not too bad and I love the cold and snow when we still get it, very rare now in Bucuresti. Despite all that, I love it, love my friends and family here and support the country 100%.

I know I'm just 16, but I'm really considering to move to Romania when I'll be older, I already live in Switzerland but my mom was born in Romania, it's such a really nice country even if many Romanians don't like it, they don't understand that in the last 20 years it just escaped from poverty and they should give a shance to a country like Romania, I really love it 😍

I've been traveling to Romania since 2005. Definitely one of my most favorite countries in Europe. I hope to retire there one day. Most likely in the Transylvanian region. My favorite city is Brasov, but I do like Sibiu as well. I love Romania!

Yes, Romania is Romance language speaking but Orthodox Christian while Poland is Slavic speaking but Catholic. So kinda opposite. Just an interesting observation:)

In Romania it's heaven for tax, also the prices are low and the Romanian natives, the locals do speak a lot of languages. Everything is already reported to Euro, and the services (including the food) are great. Not just English which is like 2nd language, but also German, Italian, Spanish or even some French. This country has sea and mountains, absolutely great.

I love the fact that you share with us information about countries we don’t usually see on other KZfaqrs videos

regarding the "colder culture": we are latin people, so we're not cold. But we have been a communist country for half a century and this has instilled a certain rigidity in us (this is particularly noticeable in elderly people since it's, obviously, harder for old people to adapt and change than it is for youngsters). The youth is way warmer, though, so I don't think you're fully accurate in the assumption that we are a colder culture. And if you still think that we are, then it probably has to do with the fact that - despite the first impression - deep down inside of us we consider ourselves a nation that's older and more evolved than most nations on Earth. Which is true! There have been numerous evidences (just don't ask me to provide them to you because I'm not in mood for searching) that showed that a good majority of the Latin-speaking nations on the planet originate on these lands, including with some indonesians, some south african tribes, and a few others that I don't remember at the moment (the catalunyans also originate in these parts if I believe). Besides, before the coup d'etat in 1989 when Ceausescu had paid the last external debt of this country (in March 1989 I believe) and had thus obtained financial freedom for this country, we have become the 1st (or is it the only??? I don't remember) nation on Earth to be financially independent from the global financial mafia, and this had obviously displeased those parasites that live off other people's riches and incomes and that's when they've decided to do something about it, and detoured our communist president Nicolae Ceausescu from acting in the interest of the country, followed by the coup d'etat in December 1989 and the abolishment of communism, in which (in the coup I mean) the now defunct USSR and the Hungarian espionage have played a big role, but americans have dipped their tails in this, too. But before the coup Romania have been one of the most economically, morally, socially and [insert whatever positive you want in here] nations on Earth and - like I said - this has not boded well with the global mafia and the western europe who were seeing a serious competition in us. So yeah, we, Romanians, have a history of being someone, and that's only in recent years (the last few centuries or so). There is also a history of great people ruling these lands even farther in history, that very few sources mention, but I digress.... The point is that, if despite of our latin origins, we still seem like a cold culture to you then that's because we generally, don't like every single Tom and John coming on our lands with the typical american arrogance and tell us that having gays and transgenders is OK, or that we are not tolerant towards god-knows what other abomination or mentally ill sub-human specimen. Even though we have taken massive hits in our national mentality and souls after the 1989 coup and we have continuously been manipulated and programmed to give up our strong moral values for 20 years, we have still maintained our identity, and part of this identity has to do with us not being tolerant with wrong-doers. We are not racist, not in the sense that the global mafia attributes to the word "racism", but we are also not tolerant of all scumbags on Earth. If - as a foreigner - you come to Romania (or go to any other country, really) and wish to live here YOU are expected to adapt to our beliefs (or at least not shit on them), not the other way around, which seems to be the misunderstanding for most foreigners in general, and for americans and brits in particular. Probably that's why you feel that we are a cold culture. But sometimes first impressions are wrong, especially with Romanians. We are one of the most culturally intriguing and complex nations on Earth, and staying among us for a few years will allow you to see beyond the veil of appearances, deeper into our souls and national identity

within the first minute of watching this i knew it would be informative and helpful. im a student looking to potentially move to romania for school and later work. this video is great. thank you, sir.

At some point Romania had the fastest internet in the world, due to the networks structure .

Thank you! Always nice to hear good things being said about Romania!

I'm working with a firm in Bucharest to reinstate my Romanian citizenship, my grandmother and grandfather were from Romania and we are collecting the paperwork to submit. If it doesnt work I may be giving you a call. It is a slow process. But the US is just as slow as Romania to produce and certify documents!

I made my American husband move to Romania (Cluj) 3 years ago, and he now doesn't want to leave it anymore, LOL He's decided to live here forever. I have to disagree with you on some level. I'm a journalist and focus on investigation journalism. Corruption is still massively spread and affects citizens in their day-to-day lives, even though they might not notice it. It's worse than ever, and I'll give you one example. We've dealt with massive hospital fires in the past 2 years. Many people have lost their lives. The reason? Corruption. The money meant for the renovation of the electrical infrastructure have been pocketed. And there's much more.

It is in the country's name : ROMA - nia :), in latin language we spell Roma as Rome, the capitale of Italy. Indeed 85% of lexical words is derivate from latin languages, 10% slavic, and 5% a mix of persian, turk, etc.

I can't decide between Romania or Bulgaria. Sure I think Romanian language would be easier to learn.

You spoke very nice, and show some amazing pictures from Romania. Romania is still on a low market from tourism expenses, food and accomodation are having a decent price i would say, is definetly not lowest as it would happen to be in brazil or pakistan or some other country which gets prices lower. But what i like about co-nationals is that most of them wants to be a host that gives you the best attention, most people take in serious what they offer, some really invest into improving them accomodation, or having different activities and offering visitors the experience of being one of us. Romania is growing as economy, and is the best time for anyone to actually invest in Romania, Romania PIB rise 3 times since when it entry Europe( more than 15 years ago), there is still a push for rising each of us as individuals our financial state, most growing piece is constructions, there are lot's of buildings builded, there is still investments in repairing and restoring old buildings, people work a lot for themself and that's something communism made us to learn. Romanians have a grand view, since fall of communism many factories got destroyed and sell on pieces and most what state own from public human labour and state money fall in all kind of thiefs hands, citizens which then sell entierly companies with it's tehnology to scrape metals price towards outside people which come to buy through a romanian citizen. Romanians are split in 2 directions, they somehow still emphatize with communism even if there were lot's of individual social problems which made it fall, i think what they mark as impresive and good about communism is the fact they were use to build industrial storey buildings, cars/trucks/military equipment/clothes/furniture/everything was possible was likely back then produced and you could have acces to someone knowing to do all kind of stuffs you would need and Romanian were also taking engines from western countries and building airplanes and all kind of technology which was pretty big at that time, people had a general intrest to be friend with Romanians and our friendship and culture worth more in some other eyes. If we look at the present Romanians aren't that much political looking to win, they know that the state ain't do much and can't count on state to do stuffs for them( 5 mil. romanians already work on them own in some other countries and know that they have to earn what others been given much more easier by the state ), they try to make changes into political even if they would work abroad, but every time there is someone to take responsability and say that he/she/they will do it, and then it just happens a back stab from political parties and most of what we need or want isn't made( there is a high absence on vote, due to low trust). Currently there is a political party which use to be on the right hand politics and now it's ally with them enemies, i am not going to talk lot's about it, as i don't feel like that's kind of a point of intrest to others. Romanians are still in seek to build and repair the economy, there is a lot of people which are very smart and it doesn't even requires to be Romanian, people from different countries across Europe realise that Romania has potential and invest a lot in it across the years it been part of Europe Union, being in the middle point where you could communicate easy in commerce with Asian countries, to African countries, Eastern Europe. Unlikely other countries, there is a lot of space there can be build a business, people have better and better infrastructure under development and in development, outsiders are having lot's of connections with our Country, having 5 mil romanians++ across world in different countries actually comes up to make Romania much more close to having experienced workers with access to language connections and opportunities, people befriend across multiple countries and bound connections and friendship and i think this is the step where we can start to see more companies and people to invest in Romania, students are having nice experiences here and people come to study in Romania from outside. Romania has lot's of stuffs it could invest ,but there is always a need for some iron patriotic hand to actually run the country in best ways and not against society, this wouldn't be hard to find, but rather hard to get the right man up there you could trust in politics to change everything to a much more positive note, without to change it's minds. Ceausescu, the hated dictatorship use to walk to school without shoes and had part of a poor education with not much food and great conditions, but it's love to develop Romania was in the end the pro side of his personality, sure romanians and lot's of people will not forget negative sides of his personality and how everything run at one point to extremes against Romanian citizens. But from my point of view Romanians had a lot to win, even when they run by oppresion of it's communist ideology which he been inspired from Asian countries such as Korea and China. Nowadays most of politicians/presidents/political parties ain't understand anymore what means to represent and work in the favour of your country, there are many politicians which are working more for them own benefits and individual gains. Selfishness across political parties made us most of time at the hand of some greedy people. Is hard to come up and get something good. If we would have another leader and political organization to actually fully represent romanians needs, we could see a lot of changes on a good amount of problems which needs to be fix in nowadays democracy of Romania. Romania has a lot of potential it should invest in education and reducing taxes, corelated with investments in making all state buildings and companies having a real point where they actually bring economies and resources to the state. Right now there are still a lot of problems, from buildings not proper use or neither maintained accordingly, from jobs and experts and researches which ain't anymore consuming resources to actually have a proper impact over state company technologies, experts which we in time tend to lose by age or the fact they adapt to other countries which invest in researching. Romania use to had lot's of researchers and there was tehnology developed in Romania for state companies manufacturing, there were even products for nuclear powerplants and rare minerals and lot's of stuffs made and which been use back then. Companies just need proper politics in Romania, there is a lot of space for a start to where Romanians want to be, and i would personally love to think that every outsider would actually have great points and advantages to even consider in moving in Romania. People of here are at no point anymore intrested to develop our country by ourself, i think that we more and more accept that what we can't do from financial sides, there is a stranger which could actually make it happen and change something. Thinking like America been build from citizens which move there and is part of many countries, as U.S.A has citizens across whole worldwide. I feel like Romania starts to become a country which as potential to be colonized by industry, is not yet by outsiders as it isn't as attractive over payment and job offerts. There are also people which make economies and start to build companies and businesses, everything sets up after a while.

Very nice video 🙂. I hope I can find a job in Romania someday.

Thanks for another thought provoking video Michael. Loved the comparisons with Bulgaria for entrepreneurs. I wonder how retirees would find them? Until recently Romania was my no 1 destination for my little start-up plan. Though I've only briefly drove through it over a decade ago Romania left me with a feeling of excitement. Mountain biking and paragliding opportunities - man back then many of the rocks hadn't been graded and listed in the climbing books... I saw it as an outdoor adventure addict's mecca - and they have ridiculously good wine. For that I would endure that winter! Romania has a wide list of countries with double tax treaties and I hear are quite pro-business. The tax advantages for business are great and my experiences with Romanians have been great - hey they're much warmer and more fun than the nth Germans... And Romania may be the next country to join the Schengen zone which would be a huge plus. i can put up with slow bouncy roads but having to bribe the border cops each time I bring materials into or send my products out would be a challenge - though I've heard it's supposed to be better now. I know a guy who used to smuggle Harley Davidson parts to the west under tons of scrap steel in his truck and with a bribe or two cause during WW2 the US gave the Russians thousands of Harleys and the eastern gangs only liked Russian bikes... I hear the visa process is ok but the path to citizenship isn't realistic as one may have to give up any other passports...

I'd be interested in seeing the comparison between Romania and Hungary. They both seem like decent options, and more going on than in Bulgaria imo.

If you intend to set up shop in Romania and stimulate the local economy, sure you are welcome. But if you intend to come here to get major tax breaks for a multinational company that offers shit wages, exploits the workforce and 0 hour contracts with dodgy work arounds for workers rights, then get the hell out.

Romania is Unique☝

Romania is the land of many ethnic groups, Germans, Russians, Hungarians, Romas, Greeks, Italians, Ukrainians etc. It's pretty multicultural considering is a Eastern European country, and I think the reason is because throughout the centuries everyone was welcomed and not discriminated.

Just a small update regarding company taxes. Starting 1st of January 2023 our government changed a little bit how / which percentage must be applied and in which conditions: Please correct me if I'm wrong I'm a Romanian citizen and I own a small company here ( I believe that rules are the same no matter which nationality you have ). Please accept my apologies if, by mistake, I will write something wrong since I'm not an accountant. 1. Dividends percentage went up from 5% to 8% 2. If you want to pay 1% of total sales no matter how much expenses you have ( you need to have at least 1 full time employee with minimum salary which before taxes will be around ±600 EURO ) For ex: On last quarter you invoiced 1 client or 10 clients it doesn't matter 10.000Euro => On this you should pay 1% => 100E in taxes + Your employee salary and taxes 600Euro * 3 = 1800 Euro. + 50-100E / monthly to an accountant. Now your company will remain with around 7800E BUT In order to take those money from company account to your personal account you will have to pay 8%. So let's imagine that you want to withdraw 5000E from company account to personal account => 8% of that amount = 400Euro Dividends taxes. We're almost finished, I promise. According to our local law if total amount withdrawn / transferred from company account to personal account is over ± 7200 Euro you will have to pay an extra 10% of 12 salaries (before taxes) which is around an extra ±720EURO / year. 3. In case that you won't have any employees you''ll have to pay 16% from your profits instead of 3% ( and this is a new change ) Keeping same amount from point 2, total sales ( invoiced ) on a quarter => 10.000Euro - 3000Euro company expenses => 7000Euro profit from which you'll have to pay 16% taxes => 1120Euro in taxes + accountant services in company account you should remain with ±5500Euro. Regarding transfer money from company account to personal account is exactly same calculations from point 2 nothing different You need also to take into consideration the cost of "hosting" the company on a registered address. Usually accountants are offering such services which will add an extra cost somewhere between 200-500E / year * VAT Situation => quite interesting topic actually. I highly RECOMMEND you to talk with a registered accountant because it's a longer topic and depending of the type of your activity your company must be created as a VAT Payer or not. Again for local accountants please corect me if I'm wrong here so we can provide accurate informations to other peoples.

Im german and romanian and i already can say hello in romanian (its "buna") and im rlly excited to speak romania and maybe move there in the future :)

Bulgaria 6.9m; Romania 19.2m; Hungary 9.7m; Poland 38m. Land area in square miles: 42900; 92100; 35900; 120500 respectively.

Romania has never been a soviet country. It was communist but never a part of USSR. As a matter of fact the Russian speaking population… well.. it does not exist. Also, with regards to population Bg is 6.92 Serbia si 6.9 and Hungary is 9.75. Romanias population now is around 18 mil as many left the country and live elsewhere in EU. Other than that pretty decent video

As a British pensioners we tried to but according to the lawyers we have to exist after 6 month and have to come after get one year visa.

Always great info.

Interesting video

As a Romanian living in Bulgaria for 4 years now I can compare the 2 countries even though I'll obviously be biased. I'm going to try and keep it at facts. 1. Maybe it's harder to get residency as non-EU in Romania but for sure it's very hard to get citizenship as non-EU in Bulgaria. It will probably take you 10 years just to apply and if you're not married to a Bulgarian you will need to give up you non-EU citizenship. 2. The language and alphabet are problematic. For me as a speaker of a Latin language, like you correctly said Romanian is, there's a certain difficulty to get used to a Slavic language and the Cyrillic alphabet. Have you ever had to fill out a form and realized you can't even write ? It's not a pleasant feeling. 3. Taxes are low in both countries but as far as taxes on salary go they tend to be even lower in Bulgaria so you'll get a bigger salary. You'll also get less benefits when you're on medical and so on. 4. Roads and infrastructure are bad in both countries. That being said Bulgarian infrastructure is just horrible sometimes with things that seem to not have been touch since the 90s. 5. Tourism is better in Bulgaria , distances are shorter and conditions and prices are good though prices seem to have gone up quite a bit so it's not a cheap destination unlike some places in Ukraine for instance. 6. Outside of Sofia there's little economic and social activity compared to places like Cluj in Romania. There's Plovdiv but it's nowhere near Cluj or Timisoara. That doesn't leave you with many choices if you want to live in a smaller town. 7. Bucharest is much busier than Sofia and the traffic is just way worse.

At some point you say Romania is an ex Soviet country. Romania is not an ex Soviet country. We were not part of USSR. We are an ex communist country.

I found that taxis were cheaper than Uber. My wife is a Romanian citizen and we are moving there once our kids are done with high school. (Edit: as an investor, all I saw when I looked around was opportunity. Next year we begin building our portfolio there.)

Hello from România. Thank you for your words ❤❤❤. Romania is the 12 country in Europe ( size). Arrownd Romania is not only Bulgaria ,but Ukraine, Serbia so on. România has the fastest internet in the world. We invented glasses 3d , insulin, so on. It s the haviest administrativ building in the world( palace of parliament) , We where not a soviet union country just comunism after our King Michael 1 was forced to abdicate by russian and they instal in our country comunism. Yes we have 4 seasons. Hello from Bucharest ❤

Hello Michael, This video is 2 years old, would you still consider Romania in 2024?

We loved Romania and this is one of the places on our list of countries to move to in a couple of years. We really loved the beauty and vibe in Burcharest and met some really great people and had some amazing meals.

No longer a tax haven in Romania. The govt just passed some big changes reg taxes. The treshold for small companies (1% tax) is now 60k EUR yearly revenue. If you make more than 60k EUR then you need to pay 16% profit tax. Also dividends are taxed at 10% (previously 8%). So, if you are a solopreneur with big margins you end up paying approx 26% in tax.

3:33 Indeed, Bucharest is bigger and a pretty cool and vibrant city but the traffic is way more horrendous compared to Sofia, which in that aspect has improved quite a lot during the last decade. Geographically, Sofia has, imo, a favourable and diverse geographical location being close to Plovdiv (1.5h), Burgas (4h highway), Bansko 2h (ski), Serbia, North Macedonia, Thessaloniki (4h) and Istanbul (8h). On the other hand, Bucharest has much more air connections to the rest of the world especially to warm winter destinations and a very good domestic coverage with the rest of the country.

just FYI Romania was never part of the USSR. However, a part of Romania known as Bessarabia on the eastern side was not only invaded but also occupied by the Soviet Union in 1940 and also from 1945 to 1989. The region was annexed to another autonomous region from Ukraine to form a country known as Moldova.

Is there a process to get CBI in Romania? Have a partner there on a project and he loves it.

I'm considering immigrating to Romania or Georgia.

I saw something about Spain and recent digital nomad tax changes?

Romania is not former soviet country . In the fact , we romanians, we do not have nothing in common with Russia, we do not like Russia, we do not speak russian language . Police do not ask anymore money in Romania . 😉 Get a try , make an experiment and give money to a police officer in Romania , and you will se what it is happing. 😂😉 Study man before and come with facts . 😉 And romanians are far from cold people. If you wanna live with real cold people ,go in Germany , Holland , Scandinavia ( Denmark, Sweden , Norway , Finland ) and you we will the real definition of cold people . 😉

There aren’t 0 degrees Celsius during Winters. We have 15-20 degrees Celsius in Winter. So, warm winters. There might be lower temperatures at 2000 metters in the mountains during winters. But that’s all.

Michael if a person has only personal residence status in Romania, can that person enjoy a very low tax on personal capital gaIn tax?

Romania. At anytime get held in jail without charges for months on end. Im good thanks.

The best country and city

Romania vs Bulgaria?

Interesting comp of Romania vs Bulgaria... food for thought

It is a shame that we, Romanians, give other people a chance to move here, but the USA don't allow us, Romanians, the visas to go there!

Sorry, but Romania is NOT a former Soviet country ! It belonged to the communist-socialist area of Europe, like all the East, and of course, it had to share the same political system, given the historical circumstances we had after WW2. BUT NOT as a former Soviet country or republic. The concept of "soviet" never applied to any country of the former socialist eastern block. "Soviet" was the name of the specific political organization system inside Russia, and only there. Russia was formed by tens of ethnic territories named "republics", Soviet republics. That reality has nothing to do with the independent Eastern countries that once shared the same political doctrine.

As a british pensioner After 90 days can we apply for the long stay visa . Is any lawyer to do visa?

Romanian looks like a mix of Italian and Portuguese. Well, all neo-latin languages, at the end...

Former Comunist,not soviet country!

I have a question about Defi/decentralised exchanges etc... I remember previously during times of FOMO or general crypto panic, exchanges ground to a halt or as many are built on Amazon's AWS cloud infrastructure - how can they truly be decentralised?

Thanks for a more info on Romania Michael. I've had it on my short list since your other videos. I think you said 3% without employees and 1% with. Considered forming a company in Romania but maybe residence in Bulgaria, since it was unclear about the residence situation. But in the last 90 seconds of this upload, you did say a few words on it. Have to go re-watch, you might have said more in your previous videos. And I think you're biggest less is; make some money FIRST, then all this moving around jazz later.

We are British we want to move to Romania . We are over 60. Can we get the visa to stay there

Don’t America my Romania 🇷🇴 I’m planning on moving back after retiring lol

Is it correct that after around 60k euro you have to pay 10% health care tax on top of your income tax with the micro company structure?

You have a really strong Canadian accent.

THIS TOP G IS CONSIDERING THE MOVE

Hello, I have my grandmother's Romanian birth certificate. How long will it take to reclaim citizenship?

Please, are they enforcing EU Digital ID and vac..cine passports there to enter restaurants, malls .....etc? Are they strict about that? Do they check vacc...ination for foreigners also?

now adays wars also have ads?

I have a amazon fba business, making £200k a year and am a UK resident/citizen. If I register a Romanian company and conduct my business under that company, can I take advantage of the Corp tax rates there, or will I still be liable for UK Corp tax? I have a warehouse used for storage and distribution in the UK.

I'm curious as to where you pulled these numbers from, you said that you pay 1-3% in corporate taxes, and then about 5% on the personal side, whereas corporate taxes are actually at 16% and you have a 10% income tax. Is there like a loophole for foreign corporations or what am I missing?

In Romania you can buy your green pass from a doctor/nurse for around $300. It is such a common thing that there is a nickname for it, "sink vax", because it goes down the sink instead of in you. If you have money, in Romania you will be able to a large degree to buy your freedom, regardless of what they come up with next. If you are independently wealthy or have a location-independent income where you earn foreign $, you can live like a king in Romania.

Hasn't the tax changed since the minimum corporate tax rate were introduced?

How do you know so much about so much ?

What's better Slovakia or Romania?

I want to hire someone from Romania or Bulgaria to do recruiting , any tips on where to look to hire?

sorry....!!Romania has never been a Soviet country-we were under their influence though....

Question you sometimes talk about 7.5% corporate tax in Bulgaria, for me it is always 10%. Am I missing something here?

1:16 "Romania is DOWN next to Bulgaria..." How do you look at the map, Mike?.... :-))

You can buy a propiety and move.

After living in Romania for five years,I’m planning to leave the country and move to Netherlands, Romania is not a good place to live with its low wages, I heard too much sad stories which is hopeless for them if they don’t move out of this land .

starting IT bizness is good for non EU?

Former comunist country ! Not soviet! A little/big difference 😉

at 7.37, Deva, my home city :))))

Ways to tell if a country is flea-bitten. What's their ambulances and hospitals like?

New drinking game. Every time you say Et cetera we take a shot of Slivovitza!

Bulgaria builds the finest AK-47's unless you can get your hands on a NORINCO from China:)

Romania, Italy, France, Spain, and Portugal are the only 5 Romanic languages in the world that are Latin-based languages meaning they all share many similarities in the words, vocabulary, and grammar. Romanian and Italian languages are the closest and most similar to each other in the way they sound. in the Eastern European block, Romania is the only Latin country which many people are surprised to learn as a lot of people assume Romania is a slavic country like the rest of the countries in Eastern Europe which are all Slavic countries, except for Hungary.

resumee of romania by a romanian: -U have decend money (2000 euro sallary?) - great lifestile -U are born in romania and have a 1000 euro sallary which is a big one here- not good -Romania is a beautiful country -50-50% nice ppl, some are horible some are very nice -Many touristic objectives, beautiful cities especially in Transylvania(Mountains) -Cluj is the the point that once few years ago was second internet speed in eu or the world idk and is a great city and developing on working digitally -Many touristic objectives that we never knew to value -And yes... there are quite many gipssies but mostly are not violent, just begging for money(or go to other countries so all of em classify us as we are all gipssies) -Latin language (Romanian means citizen of rome aparently we were colonised by romans and the last that survived as romans after the empired moved to greece) simillar to italian and a bit spanish

No need for strangers

If I have a child, what is education there?

A place where locals purchased their apartments for like 1-3000 usd 20 years ago and now they sell them to foreigners for 2-300000 usd or even more. It’s not stupid who’s asking but who’s paying

The one and only reason why to NOT move there is how they treated the Tate Brothers. The world is laughing at Romania and how they kept two men I prison without charges for no reason whatsoever. No, thank you. Keep your corrupt country to yourselves...

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can a forigner own say 2 hectars of land and a house in this country

is it easy as a forigner to find a job in Romania? Any tips?

As a romanian native (Bucharest) these are the things that make me seriously think to emigrate: 1 - The weather - in the winter period i generally stay indoors. It is difficult to find a place to go for a pleasant walk, or an dynamic activity. The parks are rare, the sidewalks are ocupied by cars, or absent. Usually is cold and wet with exceptions when southern winds blow and bring the mediteranean air. In the late spring is the only trully pleasant period. I live in a house next to the capital, in a good developed town, my yard is huge, 2500 square meters, full of nature, but is so frustrating that i can rarely enjoy it. I will elaborate more because there are more problems in Romania that you have to consider and are not covered in the video. 2 - The high level of polution. From what i observe the car numbers are high but they are not the biggest problem. There are many extremly poor comunities around, every town has many. They burn waste cables that they steal, or recover from the constructions sites, plastic car parts, old tyres, only to recover the metals inside. It is a problem in Bucharest becouse it is done around the city and it does not matter the direction the wind is blowing it will polute the city. There is no efficient law to fight it, so expect to breath in some dioxin and other poisons. For example, let's say you enjoy some good time with your kids in the yard, or with some guests, but suddenly the fresh air is replaced by smoke, form burned plastic. You are all forced to seek shelter somewhere inside, hopefully your windows were closed. Another thing, the dust in the air adds to that. Your car will get dirty so fast... It sounds crazy, maby you wont belive me, but i have proof a short film with various polution situations from a public comunity page, from town a random 15 km from Bucharest: fb.watch/allhjgVygp/ Now prepare for another big problem: the sound from wild weddings! To make a picture: imagine inside a residential there is a wild party, somewhere randomly, now imagine at least 500-700 meters radius away from that party you can't do anything but listen the party's music- that's how loud it is. They start around 2:00 PM and finish at sunrise. Police will stop it, if you insist with complains, but just temporarily, maxim for an hour. And these parties are 25% - 40% of the summer days. It depends of your luck and location. Inside Bucharest you rarely hear them, but outside is a serious problem. Ofcourse, a problem if you don't like the "manele" music (balcanic's garbage music...), wild weddings always play just this kind. 3 - The infrastructure. There are few highways in Romania, most of them in bad condition, the normal lane has bumps and full of slow going trucks, the fast lane is full of fast going cars, doing way over the speed limit. The drivers will flash their lights at you, to clear the lane, if you go slower then them. But if you are normal driver and respect the low you are stuck, behind the trucks, on the bumpy lane. Or brake the law and spring in to the fast lane, doing over the speed limit. These are the best roads in Romania. If you go across the country expect damage to the suspension. Most of the national roads have bumps, from the bad quality road works. As a pedestrian you will find there is a lack of sidewalks, there are many places the sidewalk is obstructed by cars. Or there are no actual sidewalks and you have to go on the side of the only "universal" road. But you won't have this problem in the center of Bucharest, or on the main boulevards. You will have problems only on the smaller streets, that you have to use in order to get home, usually in a communist era building and neighborhood, that make up the majority of the city. The bike lanes are almost non-existing or joke level. Trains infrastructure has problems, so expect delays. And a few good things here: - Crushingly beautiful women, with family making characters, also check Moldova. - Freedom, in all aspects. Architectural anarchy. For example: i have neighbors that build 3 stories houses without any permit, sometimes in the middle of agriculture land, don't pay fines and they don't have problems, they also have their children married in the 6-th grade, 15 yrs old have their third birth, is common, and making wild weddings when they get married, nobody bats an eye. You can do that here without problems. I can't think of any more better things in this moment.

the question is, how safe it is if you are rich? a lot of people are broke, is there any possible that you can become a target from thieves?

tip: you can buy a dominican passport for $100,000 to get into romania.

too cold for little me

Romanian language is Latin based language like Italian Portuguese Spanish Romanian language is the closest to Latin

I need visit visa

wrong...Ro was a communist country not Soviet.... Soviet implies occupied by Russians......you keep comparing Ro with Bulgaria...again wrong...