Institutions Ignore Investments From diaspora

But Kosovo citizens, who live in different European countries and beyond, seek from competent institutions in Kosovo to create more suitable investment environments. According to them, the main problem lies in the lack of their investment security.

Yll Blakaj, chairman of the Diaspora Business Network in Europe, told Radio Free Europe that in Kosovo there are favourable investment sectors, but that current problems -- especially property access -- have made citizens hesitate to realise investments in Kosovo.

Otherwise, this network has so far failed to collect information about the number of Kosovo-owned businesses throughout Europe. But it shows that more than 10,000 businesses operate in Germany alone, while in Austria more than 150 businesses owned by Kosovo.

Not convenient conditions for investments in Kosovo also speak of leaders of companies from the diaspora.

Remember, Tal lives in the United States. He owns the company three. CISTU, which has been operating in Kosovo since 2009. This company currently has 110 employees and works professional services on the global level for telecommunications operators.

Board Chairman at this company Cameron Tali tells Radio Free Europe that changes are needed in the field of doing business in Kosovo.

The “conditions are not good, especially in the activity we are handling. There is much ignorance and ignorance from institutions, especially in the Kosovo Tax Administration, in that of social welfare as well as in the financial sector. But, of all things, the judiciary is in the worst position. Based on all of this, Kosovo's investment environment for diaspora remains non-compliable, says Tali

But competent authorities in Kosovo have consistently stated efforts to improve the private sector, namely investment by Kosovo citizens who live and act in different parts of the world.

To that end in 2014, the Albanian Business Network has been established in the Diaspora Ministry. Naim Dedushaj, director of the Directorate for Investment in the Ministry, told Radio Free Europe that the diaspora's contribution to Kosovo has been and continues to be big, but that the problems to invest are present.

Investments from the diaspora, he says, should be treated in particular.

However, Dedushaj says over 2,000 diaspora businesses have invested in Kosovo.

So, the Kosovo government should treat the diaspora as a particular issue. The diaspora's interest is great to invest. But if the Kosovo government is ready to offer concrete diaspora projects, it is certain they invest”, Dedushaj said.

Meanwhile, Yll Blakaj, considers it is the time of the end for Kosovo institutions to create more favourable conditions for the diaspora, as according to him, there are indications that how, over the next two years, remittances could drop significantly.

“Emotions have begun to fade to send remitence”, Blakaj says.

Our children in the diaspora look to do businesses that are easier to earn and not where they get caught in different forms”, he points out.

In addition to investing Kosovo citizens living in different countries in Europe and the world, these citizens send large amounts of financial resources to their families.

The amount of this money, according to official data, annually amounts to over half a billion euros.