Albania

Albania

Albania, officially the Republic of Albania, is a Southeastern European country located on the Balkan Peninsula. It shares borders with Montenegro to the northwest, Kosovo to the northeast, North Macedonia to the east, and Greece to the south. Albania also has a coastline along the Adriatic Sea and the Ionian Sea to the west and southwest.

The country covers an area of approximately 28,748 square kilometres and has a population of around 2.8 million people. Albania is known for its mountainous landscapes, beautiful beaches, and rich history influenced by Illyrian, Roman, Byzantine, and Ottoman cultures.

Key Country Information

  • Capital City: Tirana

  • Head of State (President): Bajram Begaj

  • Head of Government (Prime Minister): Edi Rama

  • Official Language: Albanian

  • Currency: Albanian Lek (ALL)

  • International Dialing Code: +355

Population and Economy

As of 2024, Albania’s population is approximately 2.8 million. The country has a developing economy, with major sectors including agriculture, tourism, energy, mining, and services.

Albania is increasingly attracting foreign investment, particularly in tourism, real estate, and energy projects. The country is known for its natural beauty, cultural heritage, and growing infrastructure.

European Union and Schengen Status

Albania is not currently a member of the European Union, the Eurozone, or the Schengen Area:

  • EU Member State: ❌ Not a member (EU candidate country)

  • Euro Area Member: ❌ Uses Albanian Lek (ALL)

  • Schengen Area Member: ❌ Not a member

Albania has been recognized as an EU candidate country since 2014 and is in ongoing negotiations for potential membership in the future.

Living and Working in Albania

Albania is an attractive destination for foreign workers and investors due to:

  • Growing opportunities in tourism, IT, agriculture, and energy

  • Affordable cost of living compared to Western Europe

  • Mediterranean climate, scenic landscapes, and cultural heritage

EU/EEA citizens generally require a residence permit to work in Albania. Non-EU citizens also need a work permit, usually tied to a specific employer or job type.

Summary

Albania is a Southeastern European country with rich cultural history, scenic landscapes, and a developing economy. While it is not yet a member of the EU, Eurozone, or Schengen Area, Albania offers opportunities for work, investment, and long-term residence, especially in tourism, agriculture, and energy sectors.