Moving to Romania: tax, residence and real costs (2026)
Romania: 10% on income · 16% on dividends · micro-company 1% of turnover. The cheapest route to residence is eU registration; non-EU: a nomad visa or own company: about USD 1,000 in fees doing it yourself, with no investment, in about 2 months. Living costs about USD 1,150 a month for one person in Bucharest, USD 640 in Hunedoara, and around USD 610 on a bare-minimum budget.
Key facts
| Tax in one line | 10% on income · 16% on dividends · micro-company 1% of turnover |
| Foreign income | worldwide at 10% |
| Gains · dividends | 10% · 16% (from 2026) |
| Wealth · inheritance tax | none · none (notary fee if late) |
| Cheapest residence | EU registration; non-EU: a nomad visa or own company |
| Money needed | About USD 1,000 in fees doing it yourself, with no investment |
| Time | about 2 months |
| Doable yourself? | Yes, with a checklist |
| Days you must spend there | 183 |
| Citizenship | 8 years |
| Online business | 10% effective, about USD 1,500 a year to run: micro-company 1% of revenue (one employee) + 16% dividends + health contribution ~10% |
| Living (one person a month) | Bucharest ~USD 1,150; bare minimum ~USD 610; family of four ~USD 2,400 |
| Good for | micro-company 1% of turnover; IT and software |
| Common set-up | SRL micro-company + 16% dividends |
Pros and cons
| Pros | Cons |
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Questions
- How much does residence in Romania cost?
- EU registration; non-EU: a nomad visa or own company: about USD 1,000 in fees doing it yourself, with no investment, about 2 months.
- Does Romania tax foreign income?
- Worldwide at 10%. In one line: 10% on income · 16% on dividends · micro-company 1% of turnover.
- What does it cost to live in Romania?
- Living costs about USD 1,150 a month for one person in Bucharest, USD 640 in Hunedoara, and around USD 610 on a bare-minimum budget (based on livingcost.org, 2026).
- Can I run an online business from Romania?
- Effective tax about 10% with the cheapest legal set-up, which costs about USD 1,500 a year: micro-company 1% of revenue (one employee) + 16% dividends + health contribution ~10%.
- What is the catch in Romania?
- Micro-company limits fall year by year: .
Compare
- Monaco: 0% on foreign income · 0% on local income (French citizens excepted)
- Andorra: 10% on foreign income (credit for tax paid abroad) · 10% on local income · 10% top
- Switzerland (lump-sum taxation): lump-sum: a yearly fixed tax on living costs instead of tax on income (foreign income and gains included)
- Italy (flat tax for new residents): EUR 300k a year flat on all foreign income and gains, whatever the amount · 43% on Italian income
- Greece (non-dom): EUR 100k a year flat on all foreign income (+EUR 20k per family member) · up to 44% on Greek income
- Cyprus (non-dom): 0% on dividends and interest (non-dom, 17 years) · 20-35% on work income · 0% on securities gains
- Malta: foreign income: 0% unless brought to Malta (min. tax EUR 5k) · 35% top on Maltese income
- Portugal (IFICI): 0% on most foreign income (IFICI, 10 years) · 20% flat on qualifying Portuguese work income · 48% otherwise
Compare all 53 places with your own income and budget →
Sources
- https://www.anaf.ro
- Living costs: based on livingcost.org (livingcost.org, June 2026), rounded