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How to Establish Residency in Albania

Tax-friendly, business-friendly, and expat-friendly - Albania checks all the boxes for an underrated European base for nomads.

A Small European Country with Huge Potential

– Liberal Foreign-Investment Regime – Competitive Tax Rates – EU Candidate

Why Albania?

Type A: Non-renewable + Fixed Term Type B (Unique): Renewable + Fixed Term Type C (Unique): Issued indefinitely. Blue Card AL (Unique): Renewable + Fixed Term +  Only for highly qualified employees. Blue Card AL-C: Permanent + only for highly qualified employees.

Types of Residence Permits in Albania

Residence Permits are issued for: – family reunification – study reasons – employees – Self-employed – Investors – Others

Who Qualifies for an Albanian Residence Permit?

In addition to the categories mentioned above, foreign investors can get: – Albanian Residency by Investment – Albanian Residence through Real Estate

How to Establish Albanian Residency?

Foreign investors will get a unique residence permit in exchange for their investment. – The permit is issued for two years and renewable for three years. – After nearly eight years, investors will get a permanent residence permit. – Albanian authorities will determine the value of the investment.

Albanian Residency by Investment

– The economic activity should have a ratio of five Albanian citizens for every foreigner. – The employees must be paid at least the average salary in Albania. – The economic entity (usually a business) must be profitable and comply with tax obligations.

Conditions for Albanian Residency by Investment

– The investor will get a one-year renewable permit. – No restriction on the type of property purchased – Investors must demonstrate a contract of sale. – Property can have multiple owners. – The investor must own at least half of the property – The investor must remain a property owner to continue their residency.

Albanian Residency through Real Estate

If you want to bet on an underdog, Albania might be the place for you. To explore more underrated options for second residency or citizenship, reach out to Nomad Capitalist.

Should You Consider Albania?

Our experienced team can help you legally reduce your tax rate offshore, protect your assets, invest overseas, obtain a second citizenship, and improve your peace of mind.  We’ve helped 2,000+ HNWI entrepreneurs and investors and we can help you, too.

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