Telephone Numbers
Telephone Numbers
Investment Opportunities in Albania
For detailed information +90 542 381 3868 'Call.
There are still a small number of food processing plants in Albania, and the main food products are imported from other countries. There is high demand for such products in the Albanian market, and due to the high demand for food products, it offers many opportunities for prospective investors. A good, quality product with a competitive price will work wonders.
Moving your production facilities and factories to Albania offers many advantages. You can benefit from falling shipping costs and travel costs. In other words, a lot of money! You can open a branch of your company in Albania, find your own employees (the easiest if you rely on the workforce, considering the high number of unemployed in the country). Economic problems in target markets. The Albanian shoe and manufacturing industry is growing thanks to its geographical proximity to the European market, 25 years of experience, and low wages.
Domestic and foreign investments in the tourism sector in Albania are common. In every city, you can see a number of buildings under construction. Various transport ideas, sports and entertainment, restaurants or nightclubs in popular destinations are often used for investments. The number of visitors and tourists to Albania has increased from year to year, considering the country has recently been referred to as “the last secret of Europe” (2018). In 2012, Albania hosted approximately 4.2 million visitors, most of them from neighboring countries and the European Union. In 2011, Albania was listed by Lonely Planet as the most traveled destination worldwide. In 2019, a record number of foreign citizens are expected to visit the country for tourism and leisure purposes.
The government provides financial incentives to all strategic investors who build four and five-star hotels and luxury resorts. The Albanian government has decided that the latter hotels and resorts will be exempt from corporate tax for a period of ten years. Meanwhile, the Value Added Tax (VAT) has been set at 6 percent for all services offered by five-star hotels.
In the online market, there are many career opportunities for Albanians that are still unknown or unexplored, such as IT development, Virtual Assistance, Designers, Quality Assurance, and other customer services. Italian, British, and German Call Centers are already a major employer for many Albanian students. The increased use of bank and credit cards by Albanians and the new attractive internet age have also pointed to a rise in e-commerce. This process has just begun and is taking its first steps. The growing number of new companies with founders from Europe each year and the competition to find the best talent offer jobs that are the trend for Online Entrepreneurs.
If you do not want to open a company in Albania or if Albania does not offer what you are looking for, there is still an open door for you as a potential investor: by buying an apartment or a plot of land! Albania offers very large opportunities in the land market because there is a lot of unused, undeveloped land, and it is offered at cheap prices by its owners. Land is considered a very important asset whose value increases most in developing countries, as it has shown in the last 10 years. In the near future, the value of Albania's lands is expected to increase even more, and if you buy some land today, you can sell it for a much higher price in a few years.
The laws for foreigners to purchase in Albania are very simple and do not hinder anyone.
The Albanian Government has adopted a law on strategic investments aimed at attracting potential investors interested in the tourism, energy and mining, transport and infrastructure, telecommunications, waste management, tourism, and agriculture sectors.
Albania is currently awaiting the start of accession negotiations with the European Union. This means that the country has made progress in key sectors such as the rule of law and justice sector reform. Although there is still much to be done, Albania is showing particular interest in potential investors. The most successful managers and entrepreneurs believe that anyone who knows the key sectors where it is the right place to invest and carefully examines a country's market conditions will be successful in any country they choose to invest in. We have listed some of the main sectors that could be profitable for both local and foreign investors.
+90 542 381 3868
+971 58 5204103