Are foreigners allowed to own property in Albania?
When we asked expats in Albania if foreigners are allowed to own property, they answered...
"Yes, foreigners are allowed to own property in Albania. The Albanian government has implemented a number of laws and regulations that allow foreign citizens to purchase and own real estate in the country. Foreigners are allowed to purchase land, apartments, and other types of real estate in Albania, and they are also allowed to lease property. However, there are certain restrictions in place, such as the requirement that the property must be used for residential or commercial purposes, and that the foreign citizen must have a valid residence permit in order to purchase property. Additionally, foreign citizens are not allowed to purchase agricultural land in Albania," wrote a member who made the move to Albania.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Are foreigners allowed to own property in Albania?
If you live in Albania, newcomers to Albania would love to hear your answer to this question:
