Feb 11 • 14:25 UTC 🇮🇹 Italy La Repubblica

Taxes, Italian pensioners in Albania saved. The Tirana government: no new taxes

The Albanian government has confirmed that Italian pensioners living in Albania will not face any new taxes on their pensions, ensuring continued tax relief for them.

The Albanian government has reassured Italian pensioners residing in Albania that they will not be subjected to any new taxes on their pensions. This confirmation comes from Jonida Shehu, a media relations advisor to Albanian Prime Minister Edi Rama, who stated that there is currently no tax imposed on Italian pensioners and there are no plans to implement one in the future. This announcement has brought relief to the Italian community in Albania, which was anxious about potential changes to their tax situation.

For weeks, the Italian community in Albania had expressed concerns regarding possible tax reforms that could affect their pensions, particularly given the changes in tax policies in various countries. However, with the Albanian government’s commitment to maintaining a zero percent tax rate on pensions, Italian retirees can now feel secure in their financial planning and lifestyle in Albania. The Albanian government values the contribution of Italian retirees to the local economy and social fabric, which likely influenced this decision.

This assurance can have broader implications for Albania's attractiveness as a destination for retirees, particularly those from Italy, who are looking for favorable living conditions. The ability to retain a steady income without the burden of taxation can enhance Albania's appeal, potentially leading to an increase in the number of Italian pensioners choosing to retire in the country, thus benefiting both communities economically and socially.

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