Albanian Passport by Investment
Albanian Citizenship by Investment Programme might be announced soon
The Albanian government planned to draft its citizenship by investment program law, following a decision on 29th of July 2022 , where the government established a working group to outline the programme. This would bring new opportunities not only for the country but also for foreign investors looking for investing in a passport by investment scheme.
How can you get an Albanian passport by investment?
1. Investment in the country by estabilishing a company – starting a business
2. Apply for citizenship after 5 years of residency
Being a candidate country to join the European Union, an Albanian passport would mean access to Europe for foreign investors. Benefits would include
- Visa-free travel to more than 100 countries around the world, including EU Schengen states, Switzerland, Russian Federation, Hong Kong, Brazil, Australia, Singapore, Malaysia and Argentina.
- Citizenship is for lifetime, which can include beside the main investor also his dependent family as spouse, children and parents.
- Flexible tax policies and attractive real estate opportunities
- Free health care system and free education
- Cheap cost of living
Citizenship by Naturalization
Currently, investors can easily obtain Albanian residency by establishing a company and starting a business in the country. Families can also join the main applicant.
After 5 years, main applicant and his family can apply for Albanian citizenship