aLBANIAN PASSPORT BY INVESTMENT
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. By Investing in the country by estabilishing a company – starting a business
2. And then apply for citizenship after 5 years of residency
Albanian Passport by Investment as member of the EU
Being a candidate country to join the European Union, an Albanian passport would mean access to Europe for foreign investors. In 2020, the EU officially opened accession talks with Albania, marking a significant step in the integration process. This involves a comprehensive review of the country’s political and economic systems. The country is currently implementing reforms across sectors such as governance, human rights, and economic development, which are essential for meeting EU criteria.
Benefits of Albanian Passport by Investment
Getting a Albania passport by investment would bring a number of advantages
- 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
Albanian 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. This would give the right to an Albanian passport, granting a number of benefits
Albanian Passport by Investment through the Naturalization route
The process to obtain an Albanian passport by investment involves:
-
Gather Documentation: Prepare necessary documents, which may include:
A valid passport
Residency permit
Birth certificate
Proof of language proficiency
Police clearance certificate
Proof of financial means -
Submit Application: Applications for naturalization are submitted to the Albanian Directorate of Civil Status or relevant authorities.
-
Interview: You may be required to attend an interview where you’ll discuss your application and demonstrate your knowledge of the Albanian language and culture.
-
Decision: After reviewing your application, the authorities will make a decision. If approved, you’ll receive a citizenship certificate
Get in touch to obtain your Albanian Passport Process
Get in touch with us for full details and support on the application for Albanian residency and citizenship by naturalization. We work with top law firms and licensed local agents to make sure applicants can enjoy a smooth process. If you are moving with your family, we also advice on health care, schools and top locations to live in Albania.