Is this a golden visa by buying property?

No. Romania's commercial-activities route requires an active business, an endorsed business plan and committed capital, not a passive property purchase.

How long is the first residence permit?

Temporary residence for commercial activities is typically renewed for one-year periods, with longer multi-year renewals available to investors meeting higher investment or job-creation thresholds.

Can I get permanent residence this way?

Yes, over time — after five years of continuous legal residence you can apply for EU long-term residence, subject to the general conditions.

Long-stay visas (Type D)

Romanian Long-stay visa for commercial activities (D/AC)

A business and investor route for non-EU nationals who are or will become shareholders or managing associates of a Romanian company, backed by a required minimum investment.

Expert reviewed Official guidance referenced

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Under review — check current rules

Minimum capital/investment figures (around EUR 100,000/150,000, and the EUR 500,000 or 50-jobs threshold for longer renewals) are set by endorsement rules and change — verify against the current IGI/ministry guidance before stating them.

Important information

Immigration rules and fees can change. This information is for general guidance only and does not constitute legal advice. Always check the latest requirements on the official Romania government website before you apply.

On this page

Who it's for
Requirements
What you can do
How to apply
Frequently asked questions

Symbol: D/AC (commercial activities)
Who issues it: Romanian consulate (visa) + IGI (residence permit)
Role required: Shareholder/associate with management duties in a Romanian company
Minimum investment: Committed capital held in a Romanian bank (commonly cited around EUR 100,000 for a sole shareholder / EUR 150,000 for an associate); Figures are set by law and endorsement rules and should be verified.
Renewal bonus: Longer (multi-year) residence for larger investments or significant job creation

Who it's for

Non-EU/EEA entrepreneurs and investors setting up or running a Romanian company
Foreign nationals becoming shareholders or managing associates of a Romanian business
Investors able to commit substantial capital and create economic activity/jobs

Requirements

A business plan meeting the endorsement criteria (nature, location, duration, labour needs, financial forecasts)
Endorsement/technical opinion from the relevant Romanian authority (economy ministry / foreign-investment body)
Proof of committed capital held in a Romanian bank account
Criminal record certificate
Medical insurance valid for the visa period
Proof of accommodation in Romania

What you can do

Establish, own and manage a business in Romania
Obtain and renew temporary residence tied to the commercial activity
Access longer residence renewals by increasing investment or creating jobs
Progress towards long-term residence after 5 years

How to apply

Prepare the business plan and obtain the required endorsement/technical opinion from the competent Romanian authority.

Apply for the D/AC long-stay visa at a Romanian consulate, providing the endorsement, bank statement, criminal record, insurance and accommodation proof.

After entering Romania, apply to IGI for the temporary residence permit for commercial activities and renew it as required.

Frequently asked questions

No. Romania's commercial-activities route requires an active business, an endorsed business plan and committed capital, not a passive property purchase.

Official sources

For the most accurate and up-to-date information, always refer to the official government sources.

Verified against official gov.uk sources · last reviewed 2026-08-21. Information only — not legal advice.

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