Romania · Business / Startup

Romania Company shareholder visa

Investment needed: from €100k ≈ $112k

Long-stay visa for commercial activities D/AC (shareholder or associate in a Romanian company)

First checked against official sources on 11 Oct 2026Record corrected 11 Oct 2026 Change log

Key facts

Company shareholder visa is a business / startup route for Romania. Applicants need an investment from €100k ≈ $112k. You can stay 3 yrs, renewable. Checked 2026-10-11 against the official source.

Money needed: from €100k ≈ $112k
Government fees: €300 ≈ $340
Processing: Up to 45 days
First stay: 3 yrs

Cost, time and long term

To apply: government fee €300 ≈ $340; investment from €100k ≈ $112k; decision: up to 45 days. No lawyer or agent fee is included.

Government fees€300 ≈ $340

EUR 300 (≈ $340)Long-stay (D) visa fee charged for applications through the e-Visa portal from 27 April 2026 (EUR 120 (≈ $130) before that date); some nationalities exempt.

Shown, not spent€500+/mo ≈ $560 · €700+/mo ≈ $780

EUR 500 a month (≈ $560)Proof of means for associates during the permit validity (EUR 700 (≈ $780) for shareholders); proof can be made with other legal documents from EUR 150,000 (≈ $168,000) investment or 25 jobs, and is waived from EUR 200,000 (≈ $223,000) or 50 jobs.
EUR 700 a month (≈ $780)Proof of means for shareholders during permit validity (alternative to the associate figure above).

Invested and held€100k+ ≈ $112k · +4 more

EUR 100,000 (≈ $112,000)Associate in a limited liability company: business plan commits a capital or technology contribution of at least this amount within 12 months of the first residence permit; a single Romanian bank statement in the applicant's name shows funds of at least this amount.
EUR 150,000 (≈ $168,000)Shareholder in a joint-stock company: business plan commits a capital or technology contribution of at least this amount within 12 months of the first residence permit; a single Romanian bank statement in the applicant's name shows funds of at least this amount.
EUR 50,000 (≈ $55,900)Associates, at subsequent residence extensions: capital or technology contribution of at least this amount together with at least 10 full-time jobs (shareholders: EUR 70,000 (≈ $78,200) and 15 jobs). Amounts are calculated in proportion to the participation share.
EUR 500,000 (≈ $559,000)Minimum investment (proportional to the shareholder stake) that lengthens each residence extension from 1 year to 3 years; alternative is creating more than 50 full-time jobs.
EUR 200,000 (≈ $223,000)Investment (or 50 jobs) after which no proof of means of support is needed.

RenewalRenewable

Residence is extended in 1-year periods, or 3 years for investments of EUR 500,000 (≈ $559,000) or more or more than 50 jobs.

General Inspectorate for Immigration

Permanent residenceAfter 5 years of residence

Long-term residence (5-year permit) after 5 years of continuous stay. Time on the visa itself, short-stay visas and seasonal work does not count.

General Inspectorate for Immigration (IGI), Ministry of Internal Affairs of Romania

CitizenshipAfter 8 years

Citizenship on request needs 8 years of legal domicile in Romania, with a permanent residence permit, plus loyalty, income, Romanian language and culture tests.

National Authority for Citizenship (ANC), Romania

ProcessingUp to 45 days

IGI decides within 30 days of filing; the deadline can be extended by 15 days for extra checks.

General Inspectorate for Immigration

Where to applyFrom abroad

Employer or you start abroad: obtain the long-stay visa at a Romanian consulate, then apply for the residence permit from IGI after entry.

General Inspectorate for Immigration

Presence rulesAbsence limits

For long-term status, absences must stay under 6 consecutive months and 10 months in total over the 5 years.

General Inspectorate for Immigration (IGI), Ministry of Internal Affairs of Romania

Why this route may not fit

Check this before you apply.

Applications are made from outside Romania, not after arriving
Not open to EU, EEA or Swiss passports

What you'll need

Who can apply1

Applicants are a shareholder or associate with management or administration duties in a Romanian company.

What you must show7

For the technical opinion, a Romanian bank statement in the applicant's name shows funds of at least EUR 100,000 (≈ $112,000) (limited liability company) or EUR 150,000 (≈ $168,000) (joint-stock company).
The business plan commits a contribution of at least EUR 100,000 (≈ $112,000) (limited liability company) or EUR 150,000 (≈ $168,000) (joint-stock company) within 12 months of the first residence permit.
The business plan commits at least 10 new jobs (limited liability company) or 15 new jobs (joint-stock company) within 12 months.
Proof of means is EUR 500 (≈ $560) per month for associates and EUR 700 (≈ $780) per month for shareholders during the permit validity.
Proof of means can be made with other legal documents from an investment of EUR 150,000 (≈ $168,000) or 25 jobs.
Proof of means is waived from an investment of EUR 200,000 (≈ $223,000) or 50 jobs.
Investment amounts and job numbers are counted in proportion to the applicant's participation share.

Documents5

A specialised technical opinion on the business plan from the Romanian investment and foreign trade agency is submitted.
A criminal record certificate is submitted.
Medical insurance of EUR 30,000 (≈ $33,500) is submitted.
Proof of accommodation is submitted.
The first residence permit needs company registration documents, proof of registered office and housing, and proof of social insurance.

Steps3

The visa application is filed at a Romanian diplomatic mission or consulate.
The National Visa Centre approves the visa after a favourable IGI opinion, issued within 30 days (extendable by 15).
After entry the residence permit is requested at IGI at least 30 days before the visa stay ends.

After you arrive4

Later extensions need a technical opinion that the company followed its business plan.
Later extensions need a labour-inspectorate certificate of full-time employees.
Later extensions need the investment to reach EUR 70,000 (≈ $78,200) with 15 jobs (shareholders) or EUR 50,000 (≈ $55,900) with 10 jobs (associates).
An investment of EUR 500,000, (≈ $559,000) or more than 50 full-time jobs, lengthens each extension from 1 year to 3 years.

What happens at day 183

How Romania decides tax residence and treats foreign-source income, from its tax records.

Stay on this route: Up to 3 years at first, renewable
Tax residence: More than 183 days in any 12 consecutive months ending in the calendar yearAn individual present in Romania for more than 183 days in total is tax resident; domicile, permanent home or centre of vital interests in Romania also make an individual resident.
Foreign-source income: Romanian personal income tax is a flat 10% under art. 64(1) of the Fiscal Code; residents are taxed on worldwide income.

All tax rules for Romania Tax records checked 10 Oct 2026

Official site

What you need to arrange

Health insurance
Medical insurance of EUR 30,000 (≈ $33,500) is submitted
Accommodation
Proof of accommodation is submitted
Bank account / funds
For the technical opinion, a Romanian bank statement in the applicant's name shows funds of at least EUR 100,000 (≈ $112,000) (limited liability company) or EUR 150,000 (≈ $168,000) (joint-stock company)
Police certificate and civil documents
A criminal record certificate is submitted

Taken from this route's requirements above. The authority's own list is the one that counts.

Full official text

Foreign investor who is a shareholder or associate with management duties in a Romanian company, supported by a technical opinion on the business plan from the Romanian investment and foreign trade agency. ^{1 2 3 4}

What you must show and pay

An investment of at least EUR 100,000 (≈ $112,000) · Associate in a limited liability company: business plan commits a capital or technology contribution of at least this amount within 12 months of the first residence permit; a single Romanian bank statement in the applicant's name shows funds of at least this amount. ³
An investment of at least EUR 150,000 (≈ $168,000) · Shareholder in a joint-stock company: business plan commits a capital or technology contribution of at least this amount within 12 months of the first residence permit; a single Romanian bank statement in the applicant's name shows funds of at least this amount. ³
An investment of at least EUR 50,000 (≈ $55,900) · Associates, at subsequent residence extensions: capital or technology contribution of at least this amount together with at least 10 full-time jobs (shareholders: EUR 70,000 (≈ $78,200) and 15 jobs). Amounts are calculated in proportion to the participation share. ^{2 3}
An investment of at least EUR 500,000 (≈ $559,000) · Minimum investment (proportional to the shareholder stake) that lengthens each residence extension from 1 year to 3 years; alternative is creating more than 50 full-time jobs. ¹
An investment of at least EUR 200,000 (≈ $223,000) · Investment (or 50 jobs) after which no proof of means of support is needed. ¹
Income of at least EUR 500 a month (≈ $560) · Proof of means for associates during the permit validity (EUR 700 (≈ $780) for shareholders); proof can be made with other legal documents from EUR 150,000 (≈ $168,000) investment or 25 jobs, and is waived from EUR 200,000 (≈ $223,000) or 50 jobs. ¹
Income of at least EUR 700 a month (≈ $780) · Proof of means for shareholders during permit validity (alternative to the associate figure above). ¹
A fee of EUR 300 (≈ $340) · Long-stay (D) visa fee charged for applications through the e-Visa portal from 27 April 2026 (EUR 120 (≈ $130) before that date); some nationalities exempt. ⁵

Requirements

Applicants are a shareholder or associate with management or administration duties in a Romanian company. ^{1 3}
For the technical opinion, a Romanian bank statement in the applicant's name shows funds of at least EUR 100,000 (≈ $112,000) (limited liability company) or EUR 150,000 (≈ $168,000) (joint-stock company). ³
The business plan commits a contribution of at least EUR 100,000 (≈ $112,000) (limited liability company) or EUR 150,000 (≈ $168,000) (joint-stock company) within 12 months of the first residence permit. ³
The business plan commits at least 10 new jobs (limited liability company) or 15 new jobs (joint-stock company) within 12 months. ³
Proof of means is EUR 500 (≈ $560) per month for associates and EUR 700 (≈ $780) per month for shareholders during the permit validity. ¹
Proof of means can be made with other legal documents from an investment of EUR 150,000 (≈ $168,000) or 25 jobs. ¹
Proof of means is waived from an investment of EUR 200,000 (≈ $223,000) or 50 jobs. ¹
Investment amounts and job numbers are counted in proportion to the applicant's participation share. ¹
A specialised technical opinion on the business plan from the Romanian investment and foreign trade agency is submitted. ¹
A criminal record certificate is submitted. ¹
Medical insurance of EUR 30,000 (≈ $33,500) is submitted. ¹
Proof of accommodation is submitted. ¹
The first residence permit needs company registration documents, proof of registered office and housing, and proof of social insurance. ¹
The visa application is filed at a Romanian diplomatic mission or consulate. ¹
The National Visa Centre approves the visa after a favourable IGI opinion, issued within 30 days (extendable by 15). ¹
After entry the residence permit is requested at IGI at least 30 days before the visa stay ends. ¹
Later extensions need a technical opinion that the company followed its business plan. ¹
Later extensions need a labour-inspectorate certificate of full-time employees. ¹
Later extensions need the investment to reach EUR 70,000 (≈ $78,200) with 15 jobs (shareholders) or EUR 50,000 (≈ $55,900) with 10 jobs (associates). ^{2 3}
An investment of EUR 500,000, (≈ $559,000) or more than 50 full-time jobs, lengthens each extension from 1 year to 3 years. ¹

Stay

Visa 90 days; residence extended in successive 1-year periods, or 3 years where investment is at least EUR 500,000 (≈ $559,000) or more than 50 full-time jobs are created.
First stay: 12 to 36 months, decided case by case.
Renewable, subject to the conditions in force at renewal.
Long-stay visa up to 90 days: Granted for 90 days with one or more entries; the residence permit is obtained after entry.
Temporary right of residence up to 36 months: Extended in successive 1-year periods; 3 years where the investment is at least EUR 500,000 (≈ $559,000) or more than 50 full-time jobs are created.

Nationality

Third-country nationals. Not open to: Austria, Belgium, Bulgaria, Switzerland, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia.

Work

Right to carry on commercial activity through the company.

Family

Spouse, unmarried minor children (including adopted) and dependent first-degree ascending relatives can join through family reunification once the sponsor holds a temporary residence permit valid for at least one year.

Checked 2026-10-11

Official sources

Activitati comerciale (long-stay visa D/AC and residence permit) · General Inspectorate for Immigration · checked 2026-10-10
IGI notice on residence extension for commercial activities (17 May 2024) · General Inspectorate for Immigration (IGI), Ministry of Internal Affairs of Romania · checked 2026-10-11
Government Emergency Ordinance 194/2002 on the regime of foreigners (consolidated text, June 2024) · Government of Romania / IGI · checked 2026-10-10 · published 2024-06
Types of visas and the purpose of your trip · Ministry of Foreign Affairs (eViza) · checked 2026-10-10
Visa fees · Ministry of Foreign Affairs (eViza) · checked 2026-10-10
Long-term residence in Romania · General Inspectorate for Immigration (IGI), Ministry of Internal Affairs of Romania · checked 2026-10-10
Article 8: granting of Romanian citizenship on request · National Authority for Citizenship (ANC), Romania · checked 2026-10-11

Company shareholder visa and its alternatives

Route	Money needed	Stay	Work
Company shareholder visa	Needs an investment from €100k ≈ $112k	3 yr, renewable	–
Sole proprietor visa	Needs income of RON 9,192+ a month ≈ $1,930	–	–
Startup Visa Portugal	Needs savings of €6,446+ ≈ $7,200	2 yr, renewable	–
Entrepreneur visa Spain	–	3 yr, renewable	–
Startup Visa Italy	Needs savings of €50k+ ≈ $56k	1 yr, renewable	–

Questions people ask

How much money do I need for the Company shareholder visa?

An investment of at least EUR 100,000 (≈ $112,000). Associate in a limited liability company: business plan commits a capital or technology contribution of at least this amount within 12 months of the first residence permit; a single Romanian bank statement in the applicant's name shows funds of at least this amount. An investment of at least EUR 150,000 (≈ $168,000). Shareholder in a joint-stock company: business plan commits a capital or technology contribution of at least this amount within 12 months of the first residence permit; a single Romanian bank statement in the applicant's name shows funds of at least this amount. An investment of at least EUR 50,000 (≈ $55,900). Associates, at subsequent residence extensions: capital or technology contribution of at least this amount together with at least 10 full-time jobs (shareholders: EUR 70,000 (≈ $78,200) and 15 jobs). An investment of at least EUR 500,000 (≈ $559,000). Minimum investment (proportional to the shareholder stake) that lengthens each residence extension from 1 year to 3 years; alternative is creating more than 50 full-time jobs.

How long can I stay on the Company shareholder visa?

Visa 90 days; residence extended in successive 1-year periods, or 3 years where investment is at least EUR 500,000 (≈ $559,000) or more than 50 full-time jobs are created.

How long does the Company shareholder visa take to process?

IGI decides within 30 days of filing; the deadline can be extended by 15 days for extra checks.

Can I work on the Company shareholder visa?

Right to carry on commercial activity through the company.

Can I bring my family on the Company shareholder visa?

Who can apply for the Company shareholder visa?

Does the Company shareholder visa lead to permanent residence in Romania?

Time on the Company shareholder visa counts toward permanent residence in Romania, which the rules allow after 5 years of residence. Time on the Company shareholder visa counts toward citizenship, which the rules allow after 8 years.

How are Company shareholder visa holders taxed in Romania?

No special regime in our records is tied to the Company shareholder visa. The standard rules apply: Dividends distributed from 1 January 2026 are taxed at 16% (previously 10%), final tax for individuals.

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Business / startup visas elsewhere

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≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated.

Ask the AI about this route AI

An AI assistant answers from the published records on this page and cites them. It can't assess your personal eligibility. Don't include personal details.

How this was checked

Checked on 2026-10-11 against 7 official sources. Status: verified against the official sources.

Every figure on this page comes from the official source it links to. The record was researched against these sources, then reviewed separately, with special attention to effective dates and amendments. Where a source does not state something, the page leaves it out.

Activitati comerciale (long-stay visa D/AC and residence permit) · General Inspectorate for Immigration · checked 2026-10-10
IGI notice on residence extension for commercial activities (17 May 2024) · General Inspectorate for Immigration (IGI), Ministry of Internal Affairs of Romania · checked 2026-10-11
Government Emergency Ordinance 194/2002 on the regime of foreigners (consolidated text, June 2024) · Government of Romania / IGI · checked 2026-10-10
Types of visas and the purpose of your trip · Ministry of Foreign Affairs (eViza) · checked 2026-10-10
Visa fees · Ministry of Foreign Affairs (eViza) · checked 2026-10-10
Long-term residence in Romania · General Inspectorate for Immigration (IGI), Ministry of Internal Affairs of Romania · checked 2026-10-10
Article 8: granting of Romanian citizenship on request · National Authority for Citizenship (ANC), Romania · checked 2026-10-11

Tracked since 2026-10-10. Rule changes and corrections are listed on the changes page, and the methodology page explains how facts are checked. Found something out of date? Email contact@stayglobe.app with a link to the official source.