Why invest in Bucharest, Romania?
- Multinational companies will invest heavily in headquarters and offices in Bucharest.
- Infrastructure projects for developing and building new roads, transportation and amenities will receive massive injections of capital from the EU, 30 Billion euros to be exact from 2007-2013.
- Low cost airlines will inevitably begin flying to Romania, in particular, Bucharest, sometime in 2007.
- Tourism will begin to sore and is forecasted to grow by 7.4% a year for the next 10 years (Tourism Coucil).
- Wage inflation in Romania is growing at 13% a year and is only 10% compared to the EU average.
- GDP growth in Romania is averaging 6% a year.
- Romania has the highest FDI of all the new members on a per capita basis (1st 4 month 2006).
- Mortgage to GDP ratio in Romania is only 2% compared to EU average of 46%.
- Romania has the lowest tax rate in the EU at 16%, the same as Hong Kong.
- Bucharest is about to spend over 30 million euros renovating its Old Town.
- The Romania economy will be free to trade with the rest of the EU meaning massive export growth potential.
Start your Bucharest investment today with us!