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
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.
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?
Prices, timetables and addresses in Albania change — let us know and we’ll update.
See also
- Residence, permanent residence and citizenship: key rules
- Residence permit through property
- Residence permit for family reunification
- Digital Nomad residence permit
- Residence permit through business
- How a residence permit application is reviewed
- What to do after your permit is approved
- Residence permit in Albania