The Albanian government has introduced further clarity on the much-discussed “Mountain Package”, a strategic initiative encouraging individuals—especially members of the Albanian diaspora—to return home and invest in rural areas. A new draft law lays out the incentives, requirements, and procedures for those looking to take part in this unique opportunity to own and develop property in Albania’s mountainous regions.
What’s in the Package?
The initiative aims to legalise long-term use of state-owned land, offering simplified processes and substantial tax reliefs. Key benefits include:
- A state guarantee to support financing through second-level banks
- Streamlined property documentation procedures
- A 10-year tax exemption period for the first 500 successful applicants
To be eligible, individuals must meet the following criteria:
- They have possessed and used the property for at least 10 years as de facto owners
- The land must be owned by the state, with no third-party disputes
- The land is not reserved for military use
Notably, the scheme introduces the concept of the “non-owner possessor,” offering the chance to purchase state-owned land at a symbolic price—a major step toward formalising land rights and boosting local development.
Tax Benefits You Should Know About
Applicants who meet the criteria and are among the first 500 approved within the next decade can benefit from exemptions on:
- Property tax
- VAT (Value Added Tax)
- Income tax
- Infrastructure impact fees
This framework is designed to support both returning emigrants and local investors by reducing financial burdens and removing bureaucratic barriers.
Eurofast’s Take
For Albanians living abroad who have maintained property ties or usage in their hometowns, this may be the right time to take action. Whether you’re looking to reclaim land, invest in agriculture or tourism, or simply return and build a home, the Mountain Package can pave the way—with legal recognition and real tax savings.
Eurofast Tirana stands ready to assist. Our team can guide you through the application process, help gather the required documentation, and provide full support from start to finish. With our deep local knowledge and cross-border experience, we make the process smooth and reliable.
For further queries, please, contact us at [email protected]