Agricultural and forest land cannot be purchased by foreign natural and legal persons, but may be rented for up to 99 years. However, agricultural and forest land may be owned by Albanian legal entities, including foreign-owned ones, without restrictions.
"Article 1
The purpose of this law is the legal regulation of the transfer of ownership of agricultural, forest, meadow and pasture lands for the Albanian natural and legal entities. 
[…]
Article 4
The transfer of the right of the ownership of the agricultural, forest, meadow and pasture land shall not be recognized to the foreign natural and legal entities. The foreign natural and legal entities are entitled to rent it up to 99 years. Renting the agricultural, forest, meadow 
and pasture land shall be carried out according to the provisions of the Civil Code. [...]" (Law no. 8337, dated 30.04.1998 “On the Ownership Transfer of Agricultural Land, Forests, Pastures and Meadows")
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"Article 1 - General Provisions (Amended by Law No. 10 316, dated 16.09.2010, Article 1)
For the purposes of this Law, “territory” means the territory under the sovereignty of the Republic of Albania, including the territorial waters and the maritime zone and continental shelf, on which the Republic of Albania exercises its sovereign and legal rights in accordance
with international norms.
- “Foreign Investor” means:
a) any natural person who is a citizen of a foreign country; or
b) any natural person who is a citizen of the Republic of Albania, but who is permanently resident abroad; or
c) any legal person established under the law of a foreign country, which directly or indirectly intends to make or is making an investment in the territory of the Republic of Albania in accordance with its laws or has made an investment in accordance with the laws pertaining to the period from 31.7.1990 and following;
[...]
Article 2 - Permission and Treatment
1. Foreign investments in the Republic of Albania shall not be subject to prior authorization. They are permitted and treated on the basis of conditions no less favorable than those which are recognized to domestic investments under similar conditions, with the exception of land ownership, which is governed by a special law.
2. In all cases and at any time, investments have equal and unbiased treatment, enjoy full protection and security.
3. In any case, foreign investments have a treatment not less favorable than the one provided by the generally accepted norms of international law. [...]" (Law No. 7764, dated 02.11.1993 "For Foreign Investments")
Law no. 8337, dated 30.04.1998 “On the Ownership Transfer of Agricultural Land, Forests, Pastures and Meadows"
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