Building a project overseas? Build the structure first.
A development project abroad usually fails not because of the construction, but because of what came before it: land that was not fully investigated, zoning that does not permit what was planned, a corporate structure that does not hold at scale, and a sales mechanism that does not comply with local law. We advise developers - and we are developers ourselves.
Four pillars of a project
- 1
Land, zoning and permits
Investigating the land, its designation and zoning (PUG/PUZ in Romania), the urban planning certificate and building permits - before the acquisition, not after it.
Read the guide - 2
Corporate and partnership structures
A local company (SRL, EOOD, LLC), founders’ and investors’ agreements, and control over funds.
Read the guide - 3
International tax
Taxation of the local company, profit distribution, tax treaties and reporting in Israel.
Read the guide - 4
A sales mechanism for buyers
Contracts that comply with local law, a dedicated account, and clear documents that let an Israeli buyer sign remotely.
Read the guide
Compass on the Lake
Balotești, Ilfov
A case study: a development project in Romania.
Compass on the Lake is a project of 29 villas in Balotești, Ilfov County, north of Bucharest. Ilan Leibovitch is a developer and partner in the project, and the firm does not represent its buyers. The case illustrates the legal structure of a development project in Romania: land, permits, a local company, a sales mechanism under Romanian law and registration.
- villas in the project
- 29
- Ilfov County, Romania
- Balotești
- Ilan Leibovitch’s role
- Developer & partner
Disclosure: Adv. Ilan Leibovitch is also a real-estate developer and a partner in Compass Group, the developer of Compass on the Lake in Romania. The office does not represent buyers or investors in transactions with Compass Group or its projects, and refers them to independent counsel.
Purchasing groups and partners
For purchasing group organizers, we act as Israeli trustee: we hold the partners’ funds and release them only once the conditions set in advance are met. For developers with investors - a clear partnership structure, transparent reporting and exit provisions.
Guides for developers
An LLC to Buy US Property for an Israeli Investor: Advantages, the Israeli Reporting Trap and Alternatives
Buying US property through an LLC? The advantages, the US-Israel classification gap, Income Tax Circular 5/2004, reporting duties and alternatives for Israelis.A Will for an Israeli With Property in Romania: Choice of Law, Form of the Will and Coordination With the Will in Israel
How to write a will that works for property in Romania: Regulation 650/2012 and choice of law, notarial or handwritten wills, reserved shares, the Israeli will.Selling Property in Greece as an Israeli Investor: Capital Gains Tax and Its Suspension, Required Documents and the Sale Process
Selling property in Greece as an Israeli resident: capital gains tax suspended to end-2026, Article 13 of the tax treaty, seller documents and remote sale.Land Registry Transfer Fees and Stamp Duty in Cyprus: Calculation, Exemptions and Discounts
How much Cyprus Land Registry transfer fees cost, when a 50% reduction or exemption applies, and what happened to stamp duty from January 2026, with examples.Real Estate Development in Sofia: Planning and Construction, Permits and Legal Considerations for a Project
An Israeli developer in Sofia: holding land when a non-EU foreigner cannot buy it, the permit route to a use permit, contracts, off-plan sales and exit tax.
Let’s start with a conversation.
A sound international transaction begins long before signing. A short introductory call will clarify whether, and how, we are the right firm to support you.
- Office
- 7 Hanafat HaDegel St., Ness Ziona, Israel
- Bucharest
- Bucharest, Romania