Romania
How Romania performs
Tax
Light taxes. Romania has one of the lightest tax burdens in the index, 23rd of 123. You keep more of what you earn here than in most countries we cover. Personal income tax 10%, corporate tax 16%, VAT 21%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Safe. Romania is safer and more stable than most countries we cover (40th of 117).
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Average cost. Everyday costs are mid-table: Romania is 54th of 118.
Source: Numbeo Cost of Living Index
Education
Good education. Education here is stronger than in most countries we cover: Romania is 39th of 120.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 16% |
|---|---|
| Personal income tax | 10% |
| Standard VAT | 21% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 8 years
- Language requirement
- YesProficiency in Romanian language
- Investment Immigration Pathway
- Romania Business Investment Visa
- Official language
- Romanian
- Dual citizenship
- Allows dual citizenship