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      Romania

      Romania: An EU Destination With A Low Cost Of Living And Bargain Real Estate

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          Romania Fast Facts

          Map Of Romania

          Unirii Square in Bucharest Romania
          AdobeStock/twindesigner

          Romania: An EU Destination With A Low Cost Of Living And Bargain Real Estate

          Romania is a big Central European country that makes big sense right now for big, central production.

          Its port on the Black Sea gives access to the East and the Middle East. As a result, more and more organizations worldwide are looking for ways to take advantage of this.

          Kathleen

          Reviewed By Kathleen Peddicord

          Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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            That includes the U.S. Air Force, which is moving out of Germany and Turkey and into strategically located Romania.

            We don’t know if this is a plus or a minus long term, either for Romania or for its would-be residents or investors. But, we remember that the U.S. military presence in Panama, for example, while it continued, sure proved a boon for that country’s economy.

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              Green pin on the map shows the location of Romania By Zerophoto

              Romanians speak a Latin-based language that is relatively easy for Westerners to decipher (unlike the languages of Croatia and Montenegro, for example).

              The country’s interior is beautiful…but not a likely retirement or full-time living haven…as winters are harsh. Great (and increasingly trendy) choice for a ski getaway, though.

              Real estate values continue up, but it is still possible to get a true bargain, both in Bucharest and, especially, beyond.

              The local currency is Lei (RON).  Click here for currency conversion at today’s exchange rate.

              Kathleen

              Reviewed By Kathleen Peddicord

              Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

              Claim Every Giveaway
              And Deal Available Now!
              Cover for Kathleen Peddicord's book At Home Abroad
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                Page: Romania - FAQs

                Yes, Romania is now part of the Schengen area. As of March 2024 they will start with lifting controls at air and sea borders. So, the country is expected to get an important boost in travel, trade and tourism.

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