★ Government Action
Albania clears a former military island for Kushner's luxury resort
Filed January 2025
★ The Brief
What happened
Albania's government granted Strategic Investor status to Jared Kushner's proposal for a 1.4 billion euro resort on Sazan, an uninhabited state-owned island. The designation expedites permits and state incentives. The decision covers 562 hectares, with about 45 to be developed.
Who benefits
Deal or steal?
Albania granted the status days before Donald Trump's second inauguration, and the island had been on the country's list of national military assets until a presidential decision removed it the month before. Kushner announced the plan alongside a parallel Serbian government-land project.
★ Cast your vote
In January 2025, Albania's government granted Strategic Investor status to a proposal by Jared Kushner, son-in-law of US President Donald Trump, to develop the uninhabited island of Sazan as a luxury resort. The designation, awarded under Albania's strategic-investments law, expedites permitting and state incentives. The government decision cited a projected investment of 1.4 billion euros and the creation of 1,000 jobs, and covers some 562 hectares of the island, of which about 45 would be developed. Sazan, a five-square-kilometre island roughly 30 kilometres from Vlora overlooking the Otranto Strait, served as a military base under Fascist Italy and communist Albania and remained on the list of national military assets until December 2024, when a presidential decision removed it. Kushner announced plans to invest in Albania and in Serbia in March 2024, which raised questions about whether his businesses were benefiting from his father-in-law's status as the incoming president. Kushner also proposed developing the adjoining Zvernec area, which falls inside the environmentally protected Narta-Zvernec zone; lawyers for environmental groups say a 2024 law enacted under Prime Minister Edi Rama stripped that ecosystem's protection and permitted five-star hotel construction, in violation of Albanian and European Union law. The project has drawn sustained protests in Tirana and legal challenges, and Rama has publicly backed it.
Further reading
- ★ Private ActionApril 2026Kushner venture buys Albanian land from an accused money launderer
- ★ Private ActionApril 2025Serbia approves Trump-Kushner hotel on government-owned land
- ★ Private ActionJuly 2021Saudi sovereign fund hands Kushner's firm $2 billion over its panel's objections
- ★ Government ActionNovember 2025Trump and Lutnick cut a mining deal their sons stand to profit from
- ★ Private ActionSeptember 2025Dar Global launches $1B Trump Plaza Jeddah, second Saudi collaboration
- ★ Private ActionMay 2025Trump International Hotel Dubai launches $1B 80-story project