Citizenship | North Macedonia
Overview
Located in Southeast Europe, the Republic of North Macedonia is surrounded by picturesque rivers and scenic, lush mountainous areas. Its growing economy and excellent agriculture and trade opportunities are attractive to investors and businesspeople. The people of North Macedonia enjoy a culturally rich lifestyle influenced by the arts and local tradition as well as a civil law system.
Investment: Minimum investment of EUR 200,000
Processing time: Three–Five Months
Key benefit: The right of free movement to Hong Kong, Japan, Singapore, Türkiye, and Europe’s Schengen Area, among others, as well as an e-visa to India
Benefits of North Macedonia Citizenship by Investment:
—–Visa-free or visa-on-arrival access to over 120 destinations
—–Citizenship 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
—–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
Requirements of North Macedonia citizenship by investment
The North Macedonian Citizenship by Investment Program requires that a foreign individual invests EUR 200,000 or EUR 400,000 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.
Procedures and Time frame of the North Macedonia Citizenship by Investment Program
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 and a signed prospectus and share redemption documents of the government-approved fund. The program is under the direct and close monitoring of the Fund for Innovations and Technology Development of the Republic of North Macedonia.