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It's my goal to save up more cash and then at some point in the near future move to Romania to try my hand at a startup there. Any recommendations on who to tal

It's my goal to save up more cash and then at some point in the near future move to Romania to try my hand at a startup there. Any recommendations on who to talk with or what kinds of resources I should read? Should a startup be incorporated in America still, or do the Romania tech tax-benefits only apply to companies incorporated in Romania? Questions like these are accumulating on my list now that I'm starting to see this goal becoming a reality! Any recommendations or advice would be appreciated.

oblio 6y ago
I can't say that I have much advice for this, but if you're serious about this, it's probably a good idea to contact a lawyer, maybe try this: https://www.stratulat-albulescu.ro/en/contact/ https://www.stratulat-albulescu.ro/en/contact/ I imagine a few hours of discussions won't cost you an arm and a leg and you should be able to get far more qualified advice than what you'd get from a rando on the internet. If you do want to move, personally I would avoid Bucharest... a bit. Competition is super fierce. Timișoara, Cluj or Iași, especially Iași, should have a decent talent pool and slightly lower salary expenses/lower cost of living, and they all have international airports so you can easily move around when needed. I'd learn a bit of Romanian. If you only speak English it will be relatively hard, but reasonably doable: https://www.openculture.com/2017/11/a-map-showing-how-much-time-it-takes-to-learn-foreign-languages-from-easiest-to-hardest.html https://www.openculture.com/2017/11/a-map-showing-how-much-t... (note: those numbers are for career diplomats undergoing intensive training, however, as you can see, it's still one of the easiest languages to crack for an English speaker :-) ).
- wait_a_minute 6y ago
  Thanks for the advice! I really appreciate it. I'm pretty fluent in Romanian, at least by American standards. Grew up bilingual because we were always more embedded in the Romanian community around town. :) But I will definitely seek to improve massively so I sound exactly like a native speaker!
  - oblio 6y ago
    Good luck! You'll need it (both because a startup is a risky business, and also because Romania still has a long way to become fully business friendly and well... developed). On the other hand: no risk, no reward.

oblio 6y ago

I can't say that I have much advice for this, but if you're serious about this, it's probably a good idea to contact a lawyer, maybe try this: https://www.stratulat-albulescu.ro/en/contact/ https://www.stratulat-albulescu.ro/en/contact/ I imagine a few hours of discussions won't cost you an arm and a leg and you should be able to get far more qualified advice than what you'd get from a rando on the internet. If you do want to move, personally I would avoid Bucharest... a bit. Competition is super fierce. Timișoara, Cluj or Iași, especially Iași, should have a decent talent pool and slightly lower salary expenses/lower cost of living, and they all have international airports so you can easily move around when needed. I'd learn a bit of Romanian. If you only speak English it will be relatively hard, but reasonably doable: https://www.openculture.com/2017/11/a-map-showing-how-much-time-it-takes-to-learn-foreign-languages-from-easiest-to-hardest.html https://www.openculture.com/2017/11/a-map-showing-how-much-t... (note: those numbers are for career diplomats undergoing intensive training, however, as you can see, it's still one of the easiest languages to crack for an English speaker :-) ).

wait_a_minute 6y ago
Thanks for the advice! I really appreciate it. I'm pretty fluent in Romanian, at least by American standards. Grew up bilingual because we were always more embedded in the Romanian community around town. :) But I will definitely seek to improve massively so I sound exactly like a native speaker!
- oblio 6y ago
  Good luck! You'll need it (both because a startup is a risky business, and also because Romania still has a long way to become fully business friendly and well... developed). On the other hand: no risk, no reward.