albania business immigration

Albania is a small European country with many mountains, castles, and archaeological sites. It’s located across from Italy, separated by the Adriatic Sea.

Quick Facts

Capital: Tirana

Population: 3 million

Key Cities: Durrës, Tirana, Elbasan, Vlorë

Official Language: Albanian

Major Religions: Muslim, Orthodox, Roman Catholic

Geography

Bordering Countries: Greece, Montenegro, Macedonia, Serbia

Size: 11,100 sq. miles

Lowest point: the Adriatic Sea at sea level

Highest point: Mount Korab at 9,068 ft.

Albania, located on Southeastern Europe’s Balkan Peninsula, is slightly smaller than the U.S. state of Maryland.

Economy

Major industries in Albania include textiles and clothing, oil, lumber, and food processing. Tourism is also a growing industry, especially in the capital city of Tirana.

Main crops in Albania are wheat, corn, and potatoes. About half of all working Albanians have jobs related to agriculture.

Business Immigration Process:

Foreign entrepreneurs can incorporate and manage an Albanian company without relocating to Albania and are free to visit Albania to look after company matters when required. Foreign Directors are considered employees of the Albanian company, and also will need to plan to visit Albania after registration in order to open company bank accounts. Another option is to identify a local resident director or consider the services of a nominee local director.

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The Parliament of Albania passed the “Law on Foreigners” on 28 March 2013, which regulates the entry, stay, and employment of foreigners in the territory of the Republic of Albania, and is aligned with EU legislation and best practices.

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Entering Albania

Albania is an entrepreneur-friendly country and relatively easy to visit. Although foreign nationals normally need a visa before visiting Albania, visitors from over 79 countries/territories enjoy visa-free entry into Albania, usually limited to up 90 days within a 180 day period.

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Work Permit

Foreigners who intend to work in Albania and directors of companies registered in Albania must obtain Work Permits in order to be able to work legally in Albania. Foreigners must apply for either a work permit or a work registration certificate.

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Residence Permit

If you plan to move to Albania to be active in your company operations, you need to apply for a Residence Permit. Note that approval of a Residence Permit is subject to review and approval by government authorities. Each application is considered based on its own merits.

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Individuals who are planning to stay in Albania for more than 90 days within a 180-day period and who plan to apply for a residence permit must obtain a type D visa.

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The foreigner you must appear in person at the office of the Regional Directorate of Border and Migration having jurisdiction over your place of residence and submit an application for a residency permit or its renewal.

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Superior Consulting Albania has an experienced team of professionals to assist your immigration requirements, as well as with Albania Company Formation, Tax, Accounting and Legal Services.

Requirements

To get the residence permit for a person to Albania we need:

a. To have a person with no criminal record or problems with the law

b. To be responsible and serious in his dealing with us.

c. The person should have enough funds and desire to come and settle in Albania.

d. The person should be able to work or set up a business in Albania. Or if he does not want to work in Albania he must be committed to paying the taxes monthly to the government (around 60 USD / month) and pay rent (100 EU or more per month) until he gets his 1-year residence permit.

COST:

Total Fee including all official fees : USD 7500 in 2 instalments.