Why Invest in Albania

Albania made progress in EU key sectors such as the rule of law and the reform in the justice sector and is currently waiting for the opening of negotiations for the European Union accession. Albania is also paying special attention to potential investors and below are listed some profitable factors why you have to invest in Albania:

Economic factors

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The close links with the EU Market
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The free trade agreements with some countries define no fee for industrial products and tariff-rate quota for agricultural product
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The membership of CEFTA that also includes Macedonia, Montenegro, Kosovo, Croatia, Serbia, and Bosnia and Herzegovina
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The membership of NATO
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The government is preparing and implementing friendly packages that enable farmers of all disciplines an effective management of their economic activities, more access to financing and distribution networks, and larger markets
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The increasing trend in the exports of agricultural products
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The increased number of trademarks addressed for the export market
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The competitive land prices
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The possibility for lease of state property at symbolic rent of ‘1 €’
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The most competitive labour costs in the region
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The National and European Financial Support Schemes
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The favourable fiscal policy advantages

Cultural factors

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The long-time connections with Italy, similarities in cultures, food, music and costumes
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The hospitable culture, young age of Albanian population, quick learners of the foreign languages, tasty food, good and sunny climate
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The most of Albanian citizens speaks Italian language
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There are no cultural barriers while doing business in Albania. Italian brands are highly appreciated in Albania

Geographical factors

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The favourable climate and different types of microclimates make possible growing plants that are tender to a given area
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The favourable soil and water supply
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The agricultural sector reflected a significant increasing trend and it was not affected by the Eurozone crisis