Rank #71
Albania
Southern Europe • UTC+2 • Europe/TiraneMonthly Cost
$1,198
-45% vs USA
Internet
190 Mbps
Mobile Avg
Monthly Cost
$1,198
-45% vs USA
Internet
190 Mbps
Mobile Avg
Retirement Visa
For retirees who wish to enjoy their retirement in Albania. Offers a peaceful lifestyle with a low cost of living.
Min. Income
€800/month
Per Applicant
Processing
2–3 Months
Average Time
Validity
1 Year
Initial / Renewable
Citizenship
7 Years
Years to Apply
Eligibility & Required Docs
Eligibility Requirements
Proof of retirement income- Minimum income of €800/month
- Clean criminal record
- Health insurance coverage
Required Documents
- Valid passport
- Proof of pension or retirement income
- Bank statements
- Health insurance policy
Residency Rules
Taxation
Residents are taxed on worldwide income at a flat rate of 15%. Non-residents are taxed only on income sourced in Albania.
Physical Presence
Must spend at least 183 days per year in Albania to maintain residency status.
Advantages
- Low cost of living
- Peaceful environment
- Friendly locals
Disadvantages
- Limited healthcare facilities
- Language barrier for non-Albanian speakers
- Bureaucratic processes can be slow
Compare with
MontenegroRetirement Visa
CroatiaRetirement Visa
GreeceRetirement Visa