Financial guarantee for a residence permit

Minimum amounts for an Albania residence permit: 300,000 LEK per year as the base, 408,000 LEK for Digital Nomads, 500,000 LEK for self-employed. Per VKM №858/2021.

Updated

Base amount
300 000 LEK
Digital Nomad
408 000 LEK
Self-employed
500 000 LEK
Legal basis
VKM №858/2021
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How much you need

The amount depends on the permit type. Below are the minimum thresholds with references to the legal acts.

  • Standard threshold

    300 000 LEK

    per person per year

    For residence permit types that require proof of sufficient funds. Alternatively, proven income of at least the official minimum wage.

    Legal basis: VKM №243 of 20.04.2022, item I.7 — amendments to Kreu III, Seksioni A, pika 10 of VKM №858/2021; Fletorja Zyrtare №61/2022

  • Digital Nomad

    408 000 LEK

    Permit for remote work — punonjës lëvizës digjital.

    Legal basis: VKM №414 of 07.07.2023 — amendments to Kreu III, Seksioni D of VKM №858/2021, provision «gj», sub-item iii; Fletorja Zyrtare №103/2023

  • Self-employed

    500 000 LEK

    Single permit as a self-employed person — leje unike si i vetëpunësuar.

    Legal basis: VKM №414 of 07.07.2023 — amendments to Kreu III, Seksioni D of VKM №858/2021, provision «g», sub-item iii; Fletorja Zyrtare №103/2023

Good to know

  • All three thresholds are provisions of VKM №858 of 29.12.2021, as subsequently amended.
  • The standard threshold applies per person per year: if you are applying for several family members, the required amount grows accordingly.
  • Amounts are given in lek. The euro exchange rate changes, so keep a buffer if you hold your funds in another currency.
Amounts follow VKM № 858/2021 as amended (VKM № 243/2022 and № 414/2023). Legal acts change — before submitting documents, check the current version of VKM №858/2021 in the Fletorja Zyrtare or confirm with the migration service.

FAQ

How much money do I need for an Albania residence permit?

The base amount is 300,000 LEK per person per year, or proven income of at least the minimum wage. Some permit types require more.

What is the financial guarantee for an Albania Digital Nomad permit?

408,000 LEK. The amount is set by VKM №414 of 07.07.2023, which amended VKM №858/2021.

How much do self-employed people need for an Albania residence permit?

500,000 LEK for a single permit as a self-employed person (leje unike si i vetëpunësuar).

Something changed or spotted a mistake?

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Albania Residence Permit Financial Guarantee: How Much You Need