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GDP at 6% and rising, along with a low 10% rental income tax is assisting the economic overhaul
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No transfer tax or stamp duty on any property purchased in Albania
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No Capital Gains or inheritance tax
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Properties may be purchased in Euros which allows investors to offset risk of devaluation on currency change over.
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Tirana, the capital city of Albania, is expected to double in size over the next two years
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The rapid expansion of the capital city, Tirana is being fuelled by incoming international corporations looking to take advantage of the country’s low labour costs and its central location as a distribution hub to the rest of the Mediterranean.
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