ALBANIA
ALBANIA
ALBANIA
RESIDENCY BY INVESTMENT
Description
Albania is the small European country that has magic and beauty in its splendid nature. You will feel the magic among beautiful beaches surrounded by towering mountain ranges, and fabulous islands. Not forgetting in addition to having a unique set of tourist sights, and historical shrines with amazing designs.
It is located in the Balkan Peninsula in southeastern Europe, with a total area of 28.748 km², and a population of 2.9 million people, Tirana is the capital, Indo-European is the official language, and the currency is the Albanian Lek. It is worth mentioning that Albania is a candidate country for membership of the European Union.
How to obtain Residency by investment in Albania?
Establishing a company
It is considered one of the easiest and surest ways to get a residence in Albania.
If the investor’s time does not allow him to travel to Albania during the incorporation period, he can provide us with a power of attorney and then we take over the follow-up.
Real estate ownership
It is done in coordination with our team there on the proposed options, considering the required conditions of the space, depending on the number of family members.
Knowing that the prices of real estate in the suburbs start from about 40.000€ and more as we get closer to the city centre
Application criteria
Residency by Investment in it can be obtained by establishing a company.
Establishing a company there is not difficult. Just needs to come to the notary’s office for a one-day visit only. When starting a small business in Albania you will spend a small amount of money including government fees, services of a notary and a lawyer.
Advantages of residency program:
- The most suitable program for families in comparison with the Investment Residency programs in Europe.
- Currently, this is the fastest program, as it takes only two months to obtain an investor’s residence permit after submitting of application.
- There are no language requirements for obtaining residency.
- In addition, complete confidentiality in procedures’ implementation.
Benefits of Obtaining Residency by Investment
- Obtaining citizenship after a permanent residence in Albania for 7 years.
- It is a candidate country for membership of the European Union no later than 2027.
- Enjoy travelling to more than 114 countries around the world visa-free when obtaining Albanian citizenship after a permanent residence in Albania for 5 years.
- Albanian passport is currently ranked 54 in the world and is expected to become stronger after Albania joins the European Union.
- Flexible and unrestricted tax policies with opportunities for income through real estate.
- Providing health care and free education system.
- Low living costs.
- Raw environment to start new projects and establish companies.
- Albania is a member of : The United Nations (UN) and a member of NATO since 2009. The Council of Europe, in addition to the Organization for Security and Co-operation in Europe. The Organization of Islamic Cooperation and the World Trade Organization.
Required Documents
- A copy of a valid passport.
- Three biometric photos.
- Newly issued birth certificate, certified and translated into Albanian language.
- Clean criminal record.
Steps to obtain Residency by investment
- Firstly, signing a contract with CBI and making the first payment.
- Secondly, prepare official papers and sending them to the CBI’s lawyer there.
- Thirdly, and most importantly, preparing and submitting the project or business plan to be established.
- Moreover, establishing the company, then opening a bank account, and obtaining a visa to Albania.
- Finally, receiving the investor residency.