At the start of this year Albania followed a number of its post communist Eastern European neighbours and adopted a flat tax rate of 10%.

In a nutshell this basically means that companies and individuals will pay a flat 10% of their earnings to the tax authorities irrespective of how much they actually earn. Compare this to the vast majority of other countries in the world who have ‘Progressive tax’ regimes whereby the burden of tax increases as earnings increase. Read more →

TIA the company that runs Tirana International airport has recently announced that 2007 was a record year for the airport as the volume of passengers, cargo and aircraft traffic had all increased on previous years:

• During 2007 some 1.1 million passengers had passed through the airport representing an increase of 22% compared with 2006 and which also set a new record for air passenger transport in Albania.
• Close to 3,500 tonnes of cargo was handled which represents a 65% increase on 2006.
• The overall number of aircraft traffic movements (ATMs) had also increased by 15% on 2006. Read more →

Earlier this week as I started getting myself organised for a trip to Albania I fished my passport out from the place that I keep it safely stored. At the point I had it in my hand wondering if I really looked like that 10 years ago I suddenly remembered that it was due to run out mid April this year.

“So what’s the problem with that?” you might ask, “Just send it off in the post and get it renewed, it only takes a few weeks”.

A few weeks? Therein lies my problem:

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The latest A Place in the Sun magazine (March 08) is on the newsagents stands in the UK and the main feature article is entitled:

Top 20 - The UK’s favourite overseas property destinations - Our Readers decide.

The big question is did Albania make it into the Readers top 20?

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With growing support from other member nations it is widely expected that Albania, Macedonia and Croatia will receive invitations to join NATO at the forthcoming April summit in Bucharest.

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The Albanian Property Forum section of the site is now up and running and we have created a number of different categories for you to post into that we think covers a logical spread of topics.

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Welcome to the Albania Zone and to what we hope will develop into the No 1. web based resource for people thinking about buying property in Albania.
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