NextSpring

Money Alone Buys Nothing: Romania Asks for a Hundred Thousand Euro, Ten Jobs Inside Twelve Months, and Then Checks the Business Plan at Every Renewal

Answer

The general rule applies to you

No exception is recorded for citizens of Haiti on this topic. That is the answer, not a gap - everything below is the rule you get, unchanged.

154 exceptions recorded across 56 countries · none match Haiti to Romania · Residency through investment

The investor route is the long-stay visa for commercial activities, D/AC, and it is open to shareholders or partners with management duties in a Romanian company. The entry conditions are a business plan, a single Romanian bank statement in the applicant's own name showing at least 100,000 euro for a limited-liability company or 150,000 euro for a joint-stock company, a promise to make that investment within twelve months of getting the residence permit, and a promise to create at least ten new jobs for a limited-liability company or fifteen for a joint-stock company in the same twelve months. The first extension of residence needs the approval of the Romanian investment agency, legal possession of premises for the registered office, and monthly means of 700 euro for a shareholder or 500 euro for a partner. From the second extension on, the promises are audited: the capital or technology actually brought in has to be 70,000 euro for a shareholder or 50,000 euro for a partner, the jobs have to exist and be full-time, and the business has to be running in line with the plan. There is a second, cheaper door in article 69(1)(d) for a company administrator who is not a shareholder, and it asks for 50,000 euro of capital or technology transfer from the company rather than from the person.

Verified with official sourceMonitor - can change2026-10-10

At a glance

Funds you must show up front
100,000 euro for an SRL, 150,000 euro for an SA

Article 43(2)(b) of Ordinance 194/2002, which requires a single bank statement from a bank in Romania in the name of the applicant.

Investment you must then make
The same amounts, within 12 months of the residence permit

Article 43(2)(c) of Ordinance 194/2002, as capital contribution or technology transfer.

Jobs you must create
10 for an SRL, 15 for an SA, within 12 months

Article 43(2)(d) of Ordinance 194/2002.

Monthly income required
700 euro as a shareholder, 500 euro as a partner

Article 55(1)(d) of Ordinance 194/2002, and article 55(2)(f), which adds that from the second extension it must come from the activity carried out in Romania.

What the second extension audits
70,000 euro of capital or technology and 15 jobs for a shareholder, 50,000 euro and 10 jobs for a partner

Article 55(2)(e) of Ordinance 194/2002, which requires the jobs to be filled full time.

When the income test disappears
At 200,000 euro invested or 50 jobs created

Article 55(4) of Ordinance 194/2002, which also relaxes the evidence at 150,000 euro or 25 jobs.

Longer permits
3 years, at 500,000 euro invested or more than 50 full-time jobs

Article 55(5) of Ordinance 194/2002. Otherwise the permit runs a year at a time.

The administrator route
50,000 euro of capital or technology transfer by the company

Article 69(1)(d)(iv) of Ordinance 194/2002, which also bars anyone who has been a shareholder or partner in that or another Romanian company in the last two years, and allows only one such foreigner per company.

Requirements

  • Status as a shareholder or partner with management or administration duties in a Romanian company
  • A business plan covering at least three years, approved by the Romanian trade and investment promotion centre
  • A single Romanian bank statement in your own name for at least 100,000 euro, or 150,000 euro for a joint-stock company
  • The investment made and at least 10 new jobs created, or 15 for a joint-stock company, within 12 months of the residence permit
  • Monthly means of 700 euro as a shareholder or 500 euro as a partner, from the activity carried out in Romania

What applies to you

Nothing changes for a citizen of Haiti

We have no rule recorded that treats your citizenship differently here, so the general rule above is the one that applies to you. That is an answer, not a gap.

What the law says

Text layer - verbatim verifiedOrdonanţa de urgenţă a Guvernului nr. 194/2002 privind regimul străinilor în România, republicată · Articolul 43 alineatul (2) · consolidated to 2026-04-30
«(2) Avizul Centrului Român pentru Promovarea Comerţului şi Investiţiilor Străine se acordă străinilor prevăzuţi la alin. (1) care îndeplinesc cumulativ următoarele condiţii: a) prezintă un plan de afaceri care va cuprinde date referitoare la: identificarea firmei, obiectul de activitate al acesteia, obiectul şi valoarea investiţiei, numărul estimat de locuri noi de muncă şi etapele de creare a acestora, etapele derulării procesului de investiţie şi sumele aferente acestora, locaţia investiţiei, durata investiţiei şi amortizării acesteia, proiecţia activităţii financiare pe o perioadă de minimum 3 ani; b) fac dovada, printr-un singur extras de cont eliberat de o bancă din România pe numele persoanei fizice cetăţean străin, solicitant al avizului, că dispun de fondurile necesare desfăşurării activităţii, în valoare de cel puţin 100.000 euro, pentru străinii asociaţi într-o societate cu răspundere limitată şi cel puţin 150.000 euro, pentru străinii acţionari într-o societate pe acţiuni; c) vor realiza, în maximum 12 luni de la data obţinerii permisului de şedere, o investiţie potrivit planului de afaceri prevăzut la lit. a), aducând un aport de capital sau tehnologie în valoare de minimum 100.000 euro pentru o societate cu răspundere limitată şi de cel puţin 150.000 euro pentru o societate pe acţiuni; d) prin activitatea pe care o presupune investiţia propusă, aceasta va crea, în maximum 12 luni de la data obţinerii permisului de şedere, cel puţin 10 noi locuri de muncă pentru o societate cu răspundere limitată şi cel puţin 15 noi locuri de muncă pentru o societate pe acţiuni.»

The four cumulative conditions for the opinion of the Romanian Centre for Trade and Investment Promotion, which is what the visa rests on. Article 43(3) scales the money and the jobs up by the number of applicants where a company has two or more.

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About this source

The Romanian immigration authority, a structure of the Ministry of Internal Affairs, created by Emergency Ordinance 55/2007 out of the Authority for Foreigners and the National Office for Refugees. It administers the regime of foreigners and decides visas, residence extensions and long-term residence. Its Legislaţie page is also, in practice, the most reliable public source of the immigration statutes themselves: it serves consolidated PDFs of Emergency Ordinance 194/2002 on the regime of foreigners, Emergency Ordinance 102/2005 on free movement of Union, EEA and Swiss citizens, Ordinance 25/2014 on employment and secondment, Emergency Ordinance 32/2026 on access to the labour market, Law 122/2006 on asylum and the implementing decisions, at stable wp-content/uploads addresses. These are the only consolidated Romanian immigration texts reachable from outside the country, because the Ministry of Justice's legislative portal answers nothing.

Standing: Applies the rule

Cannot be cited for: It is not the publisher of record and the files say so. Every consolidated PDF it serves is produced by S.C. Centrul Teritorial de Calcul Electronic S.A. Piatra-Neamţ and carries that company's disclaimer above the first article: the content belongs exclusively to CTCE and is not a document of an official character, being intended for the information of users. The official text is the Monitorul Oficial al României, Partea I, issue cited in each amendment annotation. Each file also prints a validity window with an end date, and the Inspectorate does not replace the file when the window closes: the Emergency Ordinance 194/2002 copy read on 10 October 2026 states its validity as running from 27 April 2026 until 30 April 2026, and the Emergency Ordinance 102/2005 copy states 8 to 14 March 2024. It cannot be cited for anything outside the regime of foreigners - not for tax, not for health insurance, not for road traffic, not for citizenship, which is the National Citizenship Authority's - and it cannot be cited for administrative practice: fee schedules, the Shortage Occupations List and the annual labour contingent are ministerial orders and Government decisions published elsewhere.

We re-read it every 45 days. More about this source

Text layer - verbatim verifiedOrdonanţa de urgenţă a Guvernului nr. 194/2002 privind regimul străinilor în România, republicată · Articolul 55 alineatul (1) · consolidated to 2026-04-30
«(1) Străinului intrat în România în scopul desfăşurării de activităţi comerciale i se poate prelungi dreptul de şedere temporară, în următoarele condiţii: a) are avizul Agenţiei Române pentru Investiţii Străine; b) deţine legal spaţiul pentru sediul social; c) este acţionar sau asociat al societăţii comerciale, cu atribuţii de conducere sau de administrare; d) deţine mijloace de întreţinere în cuantum de cel puţin 700 euro lunar, dacă este acţionar, şi 500 euro lunar, dacă este asociat.»

The first extension. The investment itself is not audited yet: what is checked is the approval, the premises, the role and the monthly income.

Read it at the source
About this source

The Romanian immigration authority, a structure of the Ministry of Internal Affairs, created by Emergency Ordinance 55/2007 out of the Authority for Foreigners and the National Office for Refugees. It administers the regime of foreigners and decides visas, residence extensions and long-term residence. Its Legislaţie page is also, in practice, the most reliable public source of the immigration statutes themselves: it serves consolidated PDFs of Emergency Ordinance 194/2002 on the regime of foreigners, Emergency Ordinance 102/2005 on free movement of Union, EEA and Swiss citizens, Ordinance 25/2014 on employment and secondment, Emergency Ordinance 32/2026 on access to the labour market, Law 122/2006 on asylum and the implementing decisions, at stable wp-content/uploads addresses. These are the only consolidated Romanian immigration texts reachable from outside the country, because the Ministry of Justice's legislative portal answers nothing.

Standing: Applies the rule

Cannot be cited for: It is not the publisher of record and the files say so. Every consolidated PDF it serves is produced by S.C. Centrul Teritorial de Calcul Electronic S.A. Piatra-Neamţ and carries that company's disclaimer above the first article: the content belongs exclusively to CTCE and is not a document of an official character, being intended for the information of users. The official text is the Monitorul Oficial al României, Partea I, issue cited in each amendment annotation. Each file also prints a validity window with an end date, and the Inspectorate does not replace the file when the window closes: the Emergency Ordinance 194/2002 copy read on 10 October 2026 states its validity as running from 27 April 2026 until 30 April 2026, and the Emergency Ordinance 102/2005 copy states 8 to 14 March 2024. It cannot be cited for anything outside the regime of foreigners - not for tax, not for health insurance, not for road traffic, not for citizenship, which is the National Citizenship Authority's - and it cannot be cited for administrative practice: fee schedules, the Shortage Occupations List and the annual labour contingent are ministerial orders and Government decisions published elsewhere.

We re-read it every 45 days. More about this source

Text layer - verbatim verifiedOrdonanţa de urgenţă a Guvernului nr. 194/2002 privind regimul străinilor în România, republicată · Articolul 55 alineatul (2) litera e) · consolidated to 2026-04-30
«e) investiţia este concretizată în aport de capital sau tehnologie în valoare de 70.000 euro, în cazul acţionarului, sau 50.000 euro, în cazul asociatului,»

The audit at the second extension. The sentence continues that the jobs must be filled by persons employed full time under the law.

Read it at the source
About this source

The Romanian immigration authority, a structure of the Ministry of Internal Affairs, created by Emergency Ordinance 55/2007 out of the Authority for Foreigners and the National Office for Refugees. It administers the regime of foreigners and decides visas, residence extensions and long-term residence. Its Legislaţie page is also, in practice, the most reliable public source of the immigration statutes themselves: it serves consolidated PDFs of Emergency Ordinance 194/2002 on the regime of foreigners, Emergency Ordinance 102/2005 on free movement of Union, EEA and Swiss citizens, Ordinance 25/2014 on employment and secondment, Emergency Ordinance 32/2026 on access to the labour market, Law 122/2006 on asylum and the implementing decisions, at stable wp-content/uploads addresses. These are the only consolidated Romanian immigration texts reachable from outside the country, because the Ministry of Justice's legislative portal answers nothing.

Standing: Applies the rule

Cannot be cited for: It is not the publisher of record and the files say so. Every consolidated PDF it serves is produced by S.C. Centrul Teritorial de Calcul Electronic S.A. Piatra-Neamţ and carries that company's disclaimer above the first article: the content belongs exclusively to CTCE and is not a document of an official character, being intended for the information of users. The official text is the Monitorul Oficial al României, Partea I, issue cited in each amendment annotation. Each file also prints a validity window with an end date, and the Inspectorate does not replace the file when the window closes: the Emergency Ordinance 194/2002 copy read on 10 October 2026 states its validity as running from 27 April 2026 until 30 April 2026, and the Emergency Ordinance 102/2005 copy states 8 to 14 March 2024. It cannot be cited for anything outside the regime of foreigners - not for tax, not for health insurance, not for road traffic, not for citizenship, which is the National Citizenship Authority's - and it cannot be cited for administrative practice: fee schedules, the Shortage Occupations List and the annual labour contingent are ministerial orders and Government decisions published elsewhere.

We re-read it every 45 days. More about this source

Text layer - verbatim verifiedOrdonanţa de urgenţă a Guvernului nr. 194/2002 privind regimul străinilor în România, republicată · Articolul 55 alineatul (5) · consolidated to 2026-04-30
«(5) Dreptul de şedere temporară în acest scop se prelungeşte succesiv pentru perioade de până la un an, iar în cazul străinilor care fac dovada că au efectuat investiţii de minimum 500.000 euro sau că au creat peste 50 de locuri de muncă cu normă întreagă dreptul de şedere se prelungeşte pe perioade de 3 ani.»

Our translation - not official

The right of temporary residence for this purpose is extended successively for periods of up to one year, and in the case of foreigners who prove that they have made investments of at least 500,000 euro or that they have created more than 50 full-time jobs the right of residence is extended for periods of 3 years.

Three-year renewals are the only thing scale buys. Nothing in the Ordinance turns an investment into long-term residence sooner.

Read it at the source
About this source

The Romanian immigration authority, a structure of the Ministry of Internal Affairs, created by Emergency Ordinance 55/2007 out of the Authority for Foreigners and the National Office for Refugees. It administers the regime of foreigners and decides visas, residence extensions and long-term residence. Its Legislaţie page is also, in practice, the most reliable public source of the immigration statutes themselves: it serves consolidated PDFs of Emergency Ordinance 194/2002 on the regime of foreigners, Emergency Ordinance 102/2005 on free movement of Union, EEA and Swiss citizens, Ordinance 25/2014 on employment and secondment, Emergency Ordinance 32/2026 on access to the labour market, Law 122/2006 on asylum and the implementing decisions, at stable wp-content/uploads addresses. These are the only consolidated Romanian immigration texts reachable from outside the country, because the Ministry of Justice's legislative portal answers nothing.

Standing: Applies the rule

Cannot be cited for: It is not the publisher of record and the files say so. Every consolidated PDF it serves is produced by S.C. Centrul Teritorial de Calcul Electronic S.A. Piatra-Neamţ and carries that company's disclaimer above the first article: the content belongs exclusively to CTCE and is not a document of an official character, being intended for the information of users. The official text is the Monitorul Oficial al României, Partea I, issue cited in each amendment annotation. Each file also prints a validity window with an end date, and the Inspectorate does not replace the file when the window closes: the Emergency Ordinance 194/2002 copy read on 10 October 2026 states its validity as running from 27 April 2026 until 30 April 2026, and the Emergency Ordinance 102/2005 copy states 8 to 14 March 2024. It cannot be cited for anything outside the regime of foreigners - not for tax, not for health insurance, not for road traffic, not for citizenship, which is the National Citizenship Authority's - and it cannot be cited for administrative practice: fee schedules, the Shortage Occupations List and the annual labour contingent are ministerial orders and Government decisions published elsewhere.

We re-read it every 45 days. More about this source

Text layer - verbatim verifiedOrdonanţa de urgenţă a Guvernului nr. 194/2002 privind regimul străinilor în România, republicată · Articolul 69 alineatul (1) litera d) · consolidated to 2026-04-30
«d) străinii desemnaţi ca administratori ai unei societăţi comerciale, cu îndeplinirea cumulativă a următoarelor condiţii: (i) fac dovada calităţii de administrator; (ii) fac dovada că, la data solicitării, nu sunt asociaţi sau acţionari la societatea comercială în cauză ori la altă persoană juridică română şi că nu au avut aceste calităţi în ultimii 2 ani; (iii) la societatea comercială în cauză să nu mai existe un alt străin care a obţinut un drept de şedere în acest scop; (iv) societatea comercială în cauză a realizat un aport de capital sau transfer de tehnologie de cel puţin 50.000 euro. La prelungirile ulterioare trebuie să facă dovada că aportul de capital s-a concretizat în realizarea sau achiziţionarea de construcţii destinate desfăşurării activităţilor prevăzute de Nomenclatorul Clasificării Activităţilor din Economia Naţională sau în transfer de tehnologie;»

The administrator route. The money is the company's rather than the applicant's, and at later extensions the capital contribution has to have become buildings for the declared activity or a technology transfer.

Read it at the source
About this source

The Romanian immigration authority, a structure of the Ministry of Internal Affairs, created by Emergency Ordinance 55/2007 out of the Authority for Foreigners and the National Office for Refugees. It administers the regime of foreigners and decides visas, residence extensions and long-term residence. Its Legislaţie page is also, in practice, the most reliable public source of the immigration statutes themselves: it serves consolidated PDFs of Emergency Ordinance 194/2002 on the regime of foreigners, Emergency Ordinance 102/2005 on free movement of Union, EEA and Swiss citizens, Ordinance 25/2014 on employment and secondment, Emergency Ordinance 32/2026 on access to the labour market, Law 122/2006 on asylum and the implementing decisions, at stable wp-content/uploads addresses. These are the only consolidated Romanian immigration texts reachable from outside the country, because the Ministry of Justice's legislative portal answers nothing.

Standing: Applies the rule

Cannot be cited for: It is not the publisher of record and the files say so. Every consolidated PDF it serves is produced by S.C. Centrul Teritorial de Calcul Electronic S.A. Piatra-Neamţ and carries that company's disclaimer above the first article: the content belongs exclusively to CTCE and is not a document of an official character, being intended for the information of users. The official text is the Monitorul Oficial al României, Partea I, issue cited in each amendment annotation. Each file also prints a validity window with an end date, and the Inspectorate does not replace the file when the window closes: the Emergency Ordinance 194/2002 copy read on 10 October 2026 states its validity as running from 27 April 2026 until 30 April 2026, and the Emergency Ordinance 102/2005 copy states 8 to 14 March 2024. It cannot be cited for anything outside the regime of foreigners - not for tax, not for health insurance, not for road traffic, not for citizenship, which is the National Citizenship Authority's - and it cannot be cited for administrative practice: fee schedules, the Shortage Occupations List and the annual labour contingent are ministerial orders and Government decisions published elsewhere.

We re-read it every 45 days. More about this source

Practical notes

Every amount here is stated in euro in the Ordinance itself, which is unusual in this corpus: most of the Romanian tests are multiples of a wage benchmark. These are not, and they have not been indexed.

The approval that carries the visa is issued by one body and the approval that carries the first extension is named as another: article 43 names the Romanian Centre for Trade and Investment Promotion, article 55(1)(a) names the Romanian Agency for Foreign Investment, and article 43(5)(a) names the Romanian Agency for Investment and Foreign Trade. The Ordinance has not been tidied as those bodies were reorganised, and which office a reader actually deals with was not established here.

Nothing in this record reaches company law. Whether a foreigner may be a shareholder or an administrator of a Romanian company, and on what terms, is in Law 31/1990, which was not read.

Sources1 · all accessed 2026-10-10
  • administers
    Ordonanţa de urgenţă a Guvernului nr. 194/2002 privind regimul străinilor în România, formă consolidată

    Inspectoratul General pentru Imigrări · consolidated to 2026-04-30

    About this source

    The Romanian immigration authority, a structure of the Ministry of Internal Affairs, created by Emergency Ordinance 55/2007 out of the Authority for Foreigners and the National Office for Refugees. It administers the regime of foreigners and decides visas, residence extensions and long-term residence. Its Legislaţie page is also, in practice, the most reliable public source of the immigration statutes themselves: it serves consolidated PDFs of Emergency Ordinance 194/2002 on the regime of foreigners, Emergency Ordinance 102/2005 on free movement of Union, EEA and Swiss citizens, Ordinance 25/2014 on employment and secondment, Emergency Ordinance 32/2026 on access to the labour market, Law 122/2006 on asylum and the implementing decisions, at stable wp-content/uploads addresses. These are the only consolidated Romanian immigration texts reachable from outside the country, because the Ministry of Justice's legislative portal answers nothing.

    Standing: Applies the rule

    Cannot be cited for: It is not the publisher of record and the files say so. Every consolidated PDF it serves is produced by S.C. Centrul Teritorial de Calcul Electronic S.A. Piatra-Neamţ and carries that company's disclaimer above the first article: the content belongs exclusively to CTCE and is not a document of an official character, being intended for the information of users. The official text is the Monitorul Oficial al României, Partea I, issue cited in each amendment annotation. Each file also prints a validity window with an end date, and the Inspectorate does not replace the file when the window closes: the Emergency Ordinance 194/2002 copy read on 10 October 2026 states its validity as running from 27 April 2026 until 30 April 2026, and the Emergency Ordinance 102/2005 copy states 8 to 14 March 2024. It cannot be cited for anything outside the regime of foreigners - not for tax, not for health insurance, not for road traffic, not for citizenship, which is the National Citizenship Authority's - and it cannot be cited for administrative practice: fee schedules, the Shortage Occupations List and the annual labour contingent are ministerial orders and Government decisions published elsewhere.

    We re-read it every 45 days. More about this source