North Macedonia
Citizenship By Investment
CAPITAL
Skopje
LANGUAGE
Macedonian and Albanian
TOTAL AREA
25,713 sq. Km
POPULATION
2,077,132
GOVERNMENT
Parliamentary Republic
CURRENCY
Euro
CAPITAL
Skopje
LANGUAGE
Macedonian and Albanian
TOTAL AREA
25,713 sq. Km
POPULATION
2,077,132
GOVERNMENT
Parliamentary Republic
CURRENCY
Euro
North Macedonia is a beautiful European country landlocked between Kosovo, Serbia, Bulgaria, Greece and Albania. Because this country is well situated in the center of Europe, its citizenship has gained attraction amongst investors.
In 2020, North Macedonia has ranked 17 out of 190 by the World Bank in Ease of doing business. Since 2005, it has also been a candidate for joining the European Union and has applied for NATO membership so it is expected to join the latter by the end of 2021-2022.
North Macedonia has launched its citizenship Program in 2012 and it allows investors to obtain North Macedonia citizenship and a second passport within 4 to 6 months.
Once the applicant obtains North Macedonia citizenship, they can apply to have the passport in just one month. Also, the applicant has the option to add their spouse, dependent children, and parents in the same application.
Macedonia is a fast-growing and developing country in Southeastern Europe. It has a very friendly business environment and the lowest corporate taxes on the continent. The country is a competitor for EU membership and a Macedonian passport grants you and your family visa-free access to the Schengen zone. The Macedonian Investment Citizenship program is known for its short processing time of around 3 weeks.
North Macedonia Citizenship Program requires making the following investment:
- Contribution to one of infrastructure, recycling, hospitals projects of €200,000
-Government processing escrow fees of €60,000
-Due Diligence Fees & Processing Fees of €10,000 for main applicant and €2,000 for each family member
-Other administrative fees apply
“The regulations regarding Citizenship-By-Investment in North Macedonia are contained in the Citizenship by Investment Regulations in Article 11 of the Act on Citizenship (1992)
Notwithstanding Article 7 of this Act, an alien at the age of 18 may acquire a citizenship of the Republic of Macedonia by naturalization if it is of special scientific, economic, cultural and national interest, and more particularly for all Macedonians by origin residing outside the borders of the Republic of Macedonia.
The Government of the Republic of Macedonia shall give its special opinion regarding the special interest as set forth in paragraph 1 to this Article.”
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North Macedonia Passport can be obtained in 6 short months.
