Can Pakistani Expats Buy Property in Romania?

Many Pakistani expats dream of owning property in Europe, and Romania is becoming a top choice. But can you, as a Pakistani, buy property there? The answer is yes—but with some conditions. If you’re thinking about investing in Romanian real estate, this blog will walk you through everything: legal rules, benefits, and challenges.

Can Foreigners Own Property in Romania?

Yes, foreigners, including Pakistani expats, can buy property in Romania. However, there are a few restrictions:

Apartments & Commercial Properties: You can buy these without restrictions.
Land Ownership: Non-EU citizens cannot directly own land, but they can purchase it through a Romanian-registered company.
Leasing Land: If setting up a company sounds complicated, you can lease land instead.

Understanding these laws is crucial before making any investment.

How to Buy Property in Romania as a Pakistani Expat?

Buying property in Romania isn’t complicated, but you must follow the legal steps carefully.

1. Get a Personal Numerical Code (CNP)

This is a unique tax identification number required for property transactions. You can apply for it at the Romanian tax office.

2. Find the Right Property

• Research the best areas for investment.
• Work with a reliable real estate agent.
• Verify legal documents to ensure the seller has full ownership.

3. Hire a Lawyer

A Romanian lawyer will guide you through the process, handle legal paperwork, and protect you from fraud.

4. Sign the Agreement & Make the Payment

• Sign a pre-sale contract after agreeing on the price.
• Transfer money securely to complete the purchase. If funding from abroad, consider a reliable online money transfer to Pakistan to arrange funds.

5. Register Your Property

• Finalize the deal with a notary.
• Register the property under your name in the Land Registry.

Why Buy Property in Romania?

Buying property in Romania can be a smart move for Pakistani expats. Here’s why:

1. Affordable Real Estate

Compared to Western Europe, Romania offers budget-friendly properties, making it easier for expats to invest.

2. Earn Rental Income

Tourism and a growing economy increase rental demand, helping property owners earn passive income.

3. Residency Benefits

Owning property won’t grant you residency, but investing in a business (like forming a company) might help with your residency application.

4. Mortgage Options for Expats

Some Romanian banks offer mortgage loans to foreigners. However, you’ll need proof of stable income and good financial records.

Key Things to Consider Before Buying Property

While Romania offers great investment opportunities, you should consider:

Legal Restrictions

Since non-EU citizens can’t own land, setting up a company is required if you want to buy a house with land.

Taxes & Extra Costs

• Property purchase tax
• Notary and legal fees
• Annual property taxes

Before buying, check the latest tax policies to avoid surprises.

Market Research

• Invest in areas with high property value growth.
• Avoid unreliable sellers or low-quality developments.

How do you send remittances to Pakistan for property investments?

If you're financing your property purchase from abroad, you’ll need a secure way to send money to Pakistan from Romania to manage transactions smoothly. Here’s how:

1. Choose a Trusted Remittance Transfer Service

Services like ACE Money Transfer offer secure, quick, and cost-effective options to send money to Pakistan online.

2. Look for the Best Exchange Rates

Getting the highest exchange rate ensures you get more value for your money.

3. Use Online Transfers for Speed & Safety

Online money transfers are the fastest way to send money to Pakistan, ensuring funds reach your bank account securely.

4. Check for Low Fees

Hidden charges can eat into your transfer amount. Always choose a service with transparent pricing. 

Own a Piece of Romania and Support a Home in Pakistan!

Pakistani expats can buy property in Romania, but land ownership comes with restrictions. If you plan to invest, research the market and follow legal steps. Also, a reliable money transfer service like ACE Money Transfer can be used to handle property payments securely. Make sure to consult a local real estate expert to avoid legal complications. Verify all documents thoroughly before making any financial commitments. With the right guidance and secure transactions, owning property in Romania can be a smart long-term move.

FAQs

Can I buy land in Romania as a Pakistani expat?

No, but you can buy land through a Romanian company you own.

Is it easy to get a mortgage in Romania as a foreigner?

Yes, but you’ll need proof of income and financial stability. Mortgage conditions vary by bank.

What extra costs should I consider while buying a property?

Taxes, notary fees, legal charges, and yearly property taxes. Always budget for these expenses.

How can I send remittances to Pakistan for property investments?

Use a secure and trusted service like ACE Money Transfer for fast and safe transactions.

Does property ownership in Romania grant me residency?

No, but starting a business in Romania might help you apply for residency.