President Klaus Iohannis promulgated, on Friday, the law which includes the implementation of the visa for the digital nomads in Romania, namely it introduces a new purpose for getting a work permit in our country. According to the law which came into power, a digital nomad is the alien who is hired with a work contract to a company registered outside Romania and who offers services by the use of information technology and communications or who owns a company registered outside Romania, where he offers services through the use of information technology and communications and can provide the activity of employee or the activity in the company remote, by the use of information technology and communications. The long stay visa is granted, on request, to the digital nomads who want to travel and stay on the Romanian territory, while they continue to get income by working according to the work contract to a company registered outside Romania or through activities developed in a company registered by them outside Romania, by the use of information technology and communications, if they cover several conditions at the same time. Digital nomads, coming to Romania on the basis of a long stay visa, for other purposes, may request the prolongation of the temporary right of stay if they cover several conditions at the same time.
The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
