What do I need to know when buying property in Romania?
When we asked expats what advice they would give a foreigner before buying a property in Romania, they said...
"1. It is important to research the local market and understand the legal requirements for purchasing property in Romania. 2. It is advisable to seek professional legal advice when buying property in Romania. 3. It is important to ensure that the property is free from any legal claims or encumbrances. 4. It is important to check the title deed of the property to ensure that it is valid and up to date. 5. It is important to be aware of any taxes or fees that may be applicable when purchasing property in Romania. 6. It is important to be aware of any restrictions or regulations that may apply to the property. 7. It is important to ensure that all necessary paperwork is completed and submitted correctly. 8. It is important to be aware of any potential risks associated with purchasing property in Romania," explained one expat living in Romania.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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What do I need to know when buying property in Romania?
If you live in Romania, newcomers to Romania would love to hear your answer to this question:
