Albania

Duration

1 Year

Duration

1 Year
  • Business
  • Dependents
  • Extendable
  • Citizenship
Work Visa Albania

Albania

Work Visa Albania
  • Work
  • Extendable
  • Business
  • Citizenship

Duration

90+ Days
Details
Business Visa Albania

Albania

Business Visa Albania
  • Business
  • Extenedable
  • Work
  • Citizenship

Duration

90+ Days
Details

Residence by Investment Program Albania

#businessvisa

About

Albania is a tiny nation in Europe, yet its magnificent natural surroundings are full of wonder and beauty. Beautiful beaches surrounded by impressive mountain ranges and magnificent islands will make you feel the charm. Not to mention possessing a distinctive collection of tourist attractions and magnificently designed historical sites.

Investments have been accepted as sufficient justification for obtaining residency in Albania since 2021. Establishing a corporation is one way to gain residency via investment in it. Additionally, Albania is a fantastic choice if you're seeking a nation where you can get the most out of your investments in real estate.

Eligibility

You are eligible for residency through investment if,

  • You have an investment of 100,000 EUR in a new or already existing company in Albania.
  • You do not have a criminal or medical history of any kind.

Documents

While applying for residence in Albania through investment, you must provide;

  • A duplicate of a current passport
  • Three biometric pictures
  • The birth certificate that has recently been issued, certified and translated into Albanian.
  • Prove that you do not have a criminal history of any kind.
  • A demonstration of the investment you plan to make in the nation.
  • To make sure you are healthy, your medical history might be requested.
  • Identity proof for any dependents.

Process

In Albania, starting a business is not difficult. You merely need to stop by the notary's office for a single day. You will invest a little sum of money in Albania to launch a small business, including taxes, a notary, and legal counsel. It will give you the permit and legal residency in Albania to run a business.

Visa Processing Time
The resident visa can take longer than usual to process. The processing time is affected by the place you are applying from or the availability of documents. It can take a month or even more to process. So, you should keep it in mind and apply accordingly.

How to Apply
The following steps can be helpful while applying for residence through investment in Albania.

  • First, a contract must be signed with NTL, followed by the initial payment.
  • Next, make official documents and mail them to the NTL's attorney there.
  • The creation and submission of the project or company plan are the third and most crucial.
  • Additionally, creating the business, opening a bank account and getting an Albanian visa.
  • Obtaining investor residency, at last.

Duration & Fees

Duration
The residency permit allows you to live in Albania for a year. You may establish a new company or work on a pre-established business during this time.

Fees
The visa fee for residency through investment is 100 USD. This is only the visa processing fee and you are also required to pay extra for residence.

Extension

If you want to stay longer than a year, you may renew your visa or permit. The visa is renewed each year for the first 5 years after which you may apply for permanent residence. It may also lead to citizenship in Albania.

Highlights

Business
The visa is abundantly used for business purposes.

Extension
You may renew your visa each year.

Residence
Apply for permanent residence after staying in the country for five years.

Read More

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