The Republic of North Macedonia benefits from being a major transportation route across Europe — from Central Europe to the Aegean Sea to Southern and Western Europe. The North Macedonia Citizenship by Investment Program is aimed at attracting investors who seek a business-friendly, low-tax jurisdiction in Europe. The country boasts a dynamic, emergent economic climate and a booming agriculture and manufacturing industry, excellent for business investment and growth.
NORTH MACEDONIA
((Citizenship by Investment Program))
VISA FREE DESTINATIONS:
127
PASSPORT INDEX RANK:
45th
OVERVIEW:
PROCEDURE:
Applications for North Macedonian citizenship must include completed application forms and should be accompanied by the appropriate fees and supporting documents. The required documents include birth and marriage certificates, a signed prospectus, and share redemption documents of the government-approved fund. Applicants must visit the country at least once as part of the application process. The program is under the direct and close monitoring of the Fund for Innovations and Technology Development of the Republic of North Macedonia.
MINIMUM CAPITAL REQUIREMENT:
Minimum investment of EUR 200,000 in a private investment fund eligible for citizenship application
MAIN APPLICANT REQUIREMENTS:
- Police certificates of clearance.
- Detailed curriculum vitae.
- Proof of financial standing.
An investment of EUR 200,000 or EUR 400,000 is required under one of the following two investment options:
Option 1:
EUR 200,000 per adult applicant for a period of at least two years in a private investment fund established in accordance with the laws of the Republic of North Macedonia to be eligible to apply for citizenship.
Option 2:
EUR 400,000 per adult applicant as a direct investment in new facilities (except for those in hospitality meant for restaurants or shopping), employing at least ten people for an indefinite period of time in a period of at least one year.
PROCESSING TIME:
2–5 months from submission of the application to approval
KEY BENEFITS:
- Visa-free or visa-on-arrival access to over 120 destinations
- Citizenship is applicable to individuals aged 18 and older. Dependent children under 18 can apply for citizenship by descent once both or one of their parents has received citizenship
- Citizenship can be passed down to future generations
- Access to a strategically positioned trade market.
- Citizenship of a European upper-middle income country with a friendly and hospitable culture and a favorable tax environment.
- No minimum residence period or language requirement to obtain citizenship.
- Citizenship of a country that recently acquired NATO membership and is an EU candidate.
- Access to a highly qualified workforce and fast company registration systems.
