This article details the current structure and regulations of Romania’s wealth tax system in 2025, focusing specifically on taxation rules applied to residential real estate and high-value vehicles.
Overview of Wealth Taxation in Romania
Romania currently does not impose a broad-based wealth tax on the net worth of individuals. Instead, the country applies specific surtaxes on certain high-value assets. The applicable taxes in 2025 are focused on residential real estate and cars that exceed defined thresholds. The tax assessment for these assets is progressive and based solely on the value of the asset above a set limit.
Romanian Wealth Tax: Asset Categories and Taxation Basis
The wealth tax structure in Romania for 2025 is not all-encompassing, but is restricted to two primary asset groups:
- Residential real estate assets
- High-value cars
The assessment for these categories is conducted independently based on each asset type, taking into account only the taxable amount that exceeds the threshold value set by the authorities.
Surtax Rates and Thresholds on High-Value Assets
Surtaxes are levied on the portion of an asset’s value that exceeds a defined threshold. The following table summarizes the current rules for 2025:
| Asset Type | Threshold (RON) | sThreshold (USD) | Surtax Rate (%) | Application | Period |
|---|---|---|---|---|---|
| Residential real estate | 2,500,000 RON | $540,000 | 0.3% | Only the value exceeding threshold | Ongoing |
| Cars | 375,000 RON | $81,000 | 0.3% | Only the value exceeding threshold | First 5 years from acquisition |
USD conversions are approximate and based on an exchange rate of 1 RON = $0.216 (January 2025).
Residential Real Estate Surtax
Individuals who own residential property in Romania with a tax value exceeding 2,500,000 RON ($540,000) are subject to a surtax of 0.3% on the portion above this threshold. There is no indication of a minimum or maximum holding period for applicable properties in the current regulations.
High-Value Vehicle Surtax
For both individuals and companies, any car purchased for more than 375,000 RON ($81,000) is subject to a 0.3% surtax on the amount above this limit. This surtax applies for up to five consecutive years following the acquisition date of the vehicle.
Simplified Wealth Tax Table (2025)
| Category | Rate (%) | Threshold (RON) | Threshold (USD) | Period of Application |
|---|---|---|---|---|
| Residential Real Estate | 0.3% | 2,500,000 RON | $540,000 | No limit |
| Cars | 0.3% | 375,000 RON | $81,000 | 5 years from purchase |
Key Features and Missing Data
Romania’s current wealth tax regime does not use a global assessment of net worth for tax purposes, nor does it publish explicit progressive brackets or rates for net value beyond specific asset categories. Instead, the focus is on targeted surtaxes. Official figures regarding minimum or maximum asset holding periods, beyond what is specified for cars, are not available at this time.
Pro Tips for Navigating Wealth Taxation in Romania
- Review asset valuations annually—For large residential properties, ensure that official values used for taxation accurately reflect the property status as of 2025.
- Monitor vehicle acquisition dates—For expensive cars, keep careful records of purchase and first registration, since the surtax applies only for the first five years from acquisition.
- Consider split ownership or structuring—If possible, legally structuring ownership may help ensure asset values per owner stay below surtax thresholds.
- Plan for cash flow—The 0.3% surtax may seem minor, but for high-value assets, the annual amount can add up quickly. Prepare for timely payments each tax year.
Official Resources
For the most up-to-date information and official guidance on Romanian wealth tax rules, consult the main website of the Romanian tax authorities at anaf.ro.
In summary, Romania’s approach to wealth tax in 2025 remains targeted—mainly affecting owners of high-value real estate and luxury vehicles, with 0.3% surtaxes imposed on values above well-defined thresholds. There are no wide-ranging net worth taxes, and the specific application periods and thresholds are key factors to review when assessing your tax exposure in Romania. It’s always beneficial to understand how these rules apply specifically to your assets, especially if you own property or lavish vehicles in the country.