Albania
How Albania performs
Tax
Light taxes. Albania has one of the lightest tax burdens in the index, 22nd of 123. You keep more of what you earn here than in most countries we cover. Personal income tax 0-23%, corporate tax 15%, VAT 20%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Safe. Albania is safer and more stable than most countries we cover (33rd of 117).
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Average cost. Everyday costs are mid-table: Albania is 67th of 118.
Source: Numbeo Cost of Living Index
Education
Average education. Education is mid-table: Albania is 58th of 120.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 15% |
|---|---|
| Personal income tax | 0-23% Applicable tax rate varies based on amount of income earned |
| Standard VAT | 20% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 7 years
- Language requirement
- YesProficiency in Albanian language
- Investment Immigration Pathway
- Albania Residence Permits for Business Owners and Investors
- Official language
- Albanian
- Dual citizenship
- Allows dual citizenship