North Macedonia offers Citizenship by Investment Program that allows foreign nationals to make an investment in the country and apply for alternative citizenship.
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:
– EUR 200,000 per adult applicant for at least two years in a private investment fund established by the laws of the Republic of North Macedonia, to be eligible to apply for citizenship.
– Main applicants will be able to include their spouse and children up to the age of 18 years old. The programme has an annual application quota, allowing just 1,000 applicants to be approved each year.
– On top of the €200,000 government donation, applicants will be required to pay due diligence fees, application, and processing fees. Investors should budget for the following depending on the number of applicants.
Real estate investment
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 at least one year.
Private Investment Fund
The PFMC can be a newly created entity or an existing company on the Macedonian market to support the economy, innovations, and investment development of the Republic of North Macedonia and submit to the Fund for Innovation and Technology Development (FITD).
To be eligible for the program, the PFMC has to fulfill the following conditions:
Inclusive of due diligence and other costs. There are no additional costs besides the above fee.
The requirements and qualifications to obtain North Macedonia Citizenship follows:
Main Applicant Requirements
A Temporary Residence Permit can be obtained by foreign nationals who want to work or study, activate in the research field, receive medical treatment, or reunite with their family in this country. As soon as the relocation process is complete, the application for a residence permit in Macedonia will follow. Here is some useful information to keep in mind when applying for a North Macedonia residence permit.
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Privacy World can also help you with incorporating your company in North Macedonia, assisting in getting you settled in the country, and coordinating with you so that this experience will be less of a hassle.
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According to the law of citizenship 1992, one may hold Macedonian citizenship and another citizenship from another state. However, within Macedonia, the person would be considered exclusively a Macedonian citizen, unless otherwise stipulated by an international agreement.
Yes, it is possible to include your spouse and children under 18 years old.
You must have resided in the country with a temporary residence permit for 5 years or more, you will be eligible for permanent residency as long as you have not been absent for a continuous period of 6 months or for a discontinuous period of 10 months. Obtaining citizenship does not require residency.
No personal visit is required.
There is no proficiency test.
Yes, Iran and North Korea.
No interview is required.
Applying for citizenship does not require residency.
Residents are taxed on their worldwide income.
There are no taxes on an individual’s net worth/wealth.
Yes, there is an inheritance tax, between 2% and 4%, depending on the degree of succession.