Albania has officially launched the new property and real estate tax reform, a major initiative aimed at creating a modern and transparent property taxation system based on market value. The reform seeks to strengthen municipalities’ role in revenue collection and align the country with European Union standards.

During the project presentation, Finance Minister Petrit Malaj emphasized the reform’s strategic importance, noting its direct link to Albania’s EU integration process.

“We, at the Ministry of Finance, in cooperation with the Swedish Development Agency, have completed one of the most important projects, Pro Taks Albania, which focuses on property tax reform. This project is highly significant and fully aligned with the government’s broader reforms for Albania’s EU integration. Our goal is to ensure fair and efficient property taxation in Albania and to empower municipalities to collect one of the most important taxes in the region. Implementing a functional, unified system that meets European standards is challenging, but entirely achievable. Today, we are here to present the concrete results we have achieved,” Minister Malaj stated.

He added that the reform builds on analyses conducted with the International Monetary Fund and aims to address all issues in the existing system.

“We began this journey with the International Monetary Fund, first identifying the problems affecting property taxation. Then, together with the Swedish cooperation agency and the tax administration, we implemented the Pro Taks Albania project. This initiative ensures that property tax reform is fair, effective, and transparent, while also turning it into a key source of revenue for municipalities,” he explained.