What is land renting for (Farmland) in the area?
What is the increase in land value over the past 5, 10, 20, 50 years?
Why will land prices in Romania suddenly explode?
What's the tax burden on land?
How is the legal structure for land ownership?
1. When we rent land we get like 20%-30% of that year land production ,for example for 1 ha if you client gets 4 tones of wheat production we get something like 800 kg of wheat that we can sell ...
2. Back in 1990-2000 you could buy 1ha of land for around 100 dollars now it's worth around 1000-2000 euros ,only a Romanian can buy it for that amount ,if you are a foreigner you will be charged much more ...
3.There are 3 taxes
a) property tax - for 1 ha it's around 30 euros /yearly
b) income tax - 16% out of the 800kg(market price) if we rent it / on yearly production if any
c)national health insurance tax - 5.5% out of the 800kg (market price ) / on yearly production if any
and another tax when we sell it 16% income tax + lawyer fee
4. Land can be owned by anybody from Romania and EU member countries ...
Yes i am a romanian and i know the stereotype...but not all romanians are thief's like not all europeans,americans that come to romania are pedophiles ... each person in this world thinks different ....
Also if i make the fund for example to accept BTC ,that btc will be exchanged to local/fiat currency and profits will be in local /euros or usd currency ...you will get back the money when you withdraw in euros/dollars/usd and you can exchange it back to btc if you want ...just an idea ,at the moment we can't keep btc because it is very volatile ...