investment
Romania – famous for its beautiful palaces and castles, wonderful food and spirits, Dracula, dazzling women is a beautiful country located in Central and Eastern Europe. Is the 12th largest country in Europe. Romania's economy has demonstrated the potential of growth in recent years. Since 2000, Romania has shown a growth rate of 4.5% raised by 8.3% in 2004.
The Declaration of the current economy in Spain is constantly increasing levels of GDP and significantly higher levels of foreign direct investment (FDI). The level of investment in the economy has improved recently by Fitch and P & S. Romania benefits of FDI on the rise due to the privatization process and the advantages of its large domestic
Romania is also having a large geographical location at the intersection of some major trade routes to the Far East to join Western Europe. With a population of over 20 million people, Romania has a large domestic market. After having such great opportunities for property investment, Romania is continuing to attract more and more foreign investors to invest in Romania. Stable and Romanian Government is encouraging the other reason that is creating great opportunities for investment in Romania. The real estate market in Romania is growing at rocket speed. The following are some of the best reasons to invest in Romania.
Reasons for Investing in Romanian Real Estate:
1. With the efforts and strategic vision for the Romanian government, the economy is getting stronger and stronger over the years. Romania is one of the fastest growing economies in Europe.
2. Decline in inflation and employment growth are two drivers of the economy of rapid growth. Inflation has dropped to 7.5% lower in 2005, 22% high in 2002. The unemployment rate also fell to 6.2% in 2006 to less than 3% in the capital Bucharest, which is much lower than many other developed European countries. Under the control of inflation and falling unemployment in Romania is confidence building strong property buying opportunities in the country.
3. Foreign investment in Romania is increasing dramatically. Of 2001 to 2005, foreign direct investment in Romania has reached more than 5000 million and 8000 million euros more added in 2006. With 55% of FDI in the city of Bucharest, major companies around the world come to invest in Romania.
4. Along with the capital of Bucharest in Romania in other cities like Brasov, Transylvania, Craiova, Constanta and Iasi also attract investors. Transylvania is the biggest tourist attraction in Romania and expected to attract more investment with a huge number of investment opportunities. One more golden opportunity where investors want to invest in Brasov, the most visited city in Romania. Having international airport facilities, Brasov is also linked with the new highway for rapid transit.
5. Report submitted by investment experts, said that house prices in Romania are expected to increase by 4 times higher over the next 10 years. In recent years, prices of goods already increased by 25%. Even a large increase, the price Property in Romania are still 20-30% lower than in other Eastern European countries.
6. After accession to the EU in 2007, the real market Property in Romania has been influenced greatly. The financing of the EU to Romania has been invested in infrastructure development in roads, hospitals, schools, bridges, etc. EU funds help to create more jobs and therefore potential customers looking to buy / rental properties.
7. Rates Low taxes are the other main reason to invest in Romania. Romanian Government has established a flat rate of only 16% for corporate and income tax. And the low rate fixed tax, is capable of feeding Romania to draw more foreign investors seeking new business locations.
Several other secondary factors also are responsible for great investment opportunities in Romania. Romania has a large network of international airports with two in the capital, Bucharest. Developed and fully facilitate ports in Romania is also boosting its economy dramatically. Romania has a large network of telecommunications systems equipped with modern telecommunication equipment. There are about 48 industrial parks.
As far as appears, the boom is yet to come! Return on investment buying property in Romania is great in the near future. What are you waiting for? Investing now in Romania for its future.