North Macedonia Citizenship by Investment
North Macedonia has introduced a Citizenship by Investment (CBI) program designed to attract foreign investors who can contribute to the country's economic growth. This program allows individuals and their families to obtain North Macedonian citizenship through significant financial investments in the country.
Eligibility Criteria
To qualify for North Macedonian citizenship through the investment program, applicants must meet certain financial and legal requirements:
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Investment Options:
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Real Estate Investment:
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Invest a minimum of €400,000 in real estate within North Macedonia. The investment must be maintained for at least five years.
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Business Investment:
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Invest a minimum of €400,000 in a new or existing business that creates at least ten new jobs for North Macedonian citizens. The investment must also be maintained for at least five years.
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Government Bonds:
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Purchase government bonds worth at least €400,000, which must be held for at least five years.
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Government Donation:
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Make a non-refundable donation of €100,000 to a government fund designated for national development projects.
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Additional Costs:
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Application Fee:
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A non-refundable application processing fee of €10,000 for the main applicant and €5,000 for each dependent.
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Due Diligence:
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Undergo a comprehensive background check to ensure the applicant has no criminal record and poses no security or reputational risk to North Macedonia.
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Application Process
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Preliminary Consultation:
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Engage with accredited agents and legal advisors to determine eligibility and select the appropriate investment option.
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Investment and Donation:
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Complete the required investment in real estate, business, or government bonds, and make the government donation.
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Residency Application (if applicable):
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Some applicants may be required to obtain temporary residency in North Macedonia as part of the process.
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Submission of Citizenship Application:
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Submit the citizenship application along with all necessary documentation, proof of investment, and due diligence reports to the relevant North Macedonian authorities.
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Review and Approval:
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The application is reviewed by the North Macedonian government. If approved, the applicant and their eligible family members are granted North Macedonian citizenship.
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Key Benefits of North Macedonian Citizenship
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Potential EU Accession:
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North Macedonia is a candidate for EU membership, and citizens could benefit from EU membership rights in the future.
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Global Mobility:
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North Macedonian passport holders have visa-free or visa-on-arrival access to over 125 countries, including the Schengen Area and Turkey.
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Business Opportunities:
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North Macedonia offers a favorable business environment with low corporate tax rates and various incentives for investors.
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High Quality of Life:
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The country provides a good quality of life with a rich cultural heritage, beautiful landscapes, and a relatively low cost of living.
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Dual Citizenship:
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North Macedonia allows dual citizenship, enabling investors to retain their original nationality while acquiring North Macedonian citizenship.
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