The Republic of North Macedonia, situated in Southeast Europe, is known for its picturesque rivers and lush, scenic mountains. With a growing economy and excellent opportunities in agriculture and trade, it is an appealing destination for investors. The people of North Macedonia embrace a culturally rich lifestyle, shaped by the arts and local traditions, and the country operates under a civil law system.
North Macedonia Citizenship by Investment Overview
Located in Southeastern Europe, North Macedonia offers a strategic geographic position, providing prospective investors with access to key transportation routes across Europe. For those seeking citizenship in this expanding European economy, the North Macedonia Citizenship by Investment Program offers the fastest route to achieving this status. Individuals applying through this program can obtain North Macedonian citizenship in just 5 months. The government invites wealthy and skilled foreign individuals to make substantial, qualified investments that stimulate the economy through foreign direct investment.
Advantages of the North Macedonia Citizenship by Investment Program
Benefits include:
- Visa-free or visa-on-arrival access to over 120 destinations.
- Short citizenship eligibility period of just five months, with dependent children under 18 eligible for citizenship by descent once one or both parents obtain citizenship.
- Citizenship can be passed down to future generations.
- Access to a strategically positioned trade market.
- Citizenship in a European country with a investor-friendly favourable tax environment.
- No minimum residence or language requirements to obtain citizenship.
- Access to a highly skilled workforce and efficient company registration systems.
Requirements for the North Macedonia Citizenship by Investment Program
The North Macedonian Citizenship by Investment Program offers two investment options for foreign individuals:
Option 1:
- Invest EUR 200,000 per adult applicant for a minimum of two years in a private investment fund established under North Macedonian law, qualifying for citizenship.
Option 2:
- Invest EUR 400,000 per adult applicant as a direct investment in new facilities (excluding hospitality such as restaurants or shopping venues), creating at least 10 permanent jobs for a minimum of one year.
Required Documents:
- Police clearance certificates
- Comprehensive CVs
- Proof of financial standing
Procedure for applying to the North Macedonia Citizenship by Investment Program
Applications for North Macedonian citizenship must include completed application forms along with the necessary fees and supporting documents. These documents include birth and marriage certificates, as well as a signed prospectus and share redemption documents for the government-approved fund. The program is closely monitored by the Fund for Innovations and Technology Development of North Macedonia.
Application Steps:
- Client contacts Compass Services.
- Initial due diligence checks are completed.
- Client agreement is signed, and the retainer is paid.
- Requirements are fulfilled.
- Application for North Macedonian citizenship is submitted to the government.
- Application is approved.
- Full citizenship is granted.
Frequently Asked Questions (FAQ)
What is the North Macedonia Citizenship by Investment Program?
The North Macedonia Citizenship by Investment Program invites wealthy and skilled foreign individuals to make substantial, qualified investments aimed at boosting the country’s economy through foreign direct investment. In return, they can obtain a citizenship to a European country and access numerous benefits.
What Investment options are available to obtain the North Macedonian Citizenship by Investment?
The program provides two investment options: investing EUR 200,000 in a private investment fund for at least two years, or making a direct investment of EUR 400,000 in new facilities (excluding hospitality), which must create at least ten jobs for a minimum of one year.
What are the advantages to obtaining the North Macedonian Citizenship by Investment?
Benefits include visa-free or visa-on-arrival access to over 120 destinations, short citizenship eligibility period of just five months, and no minimum residence or language requirements to qualify.
Is there a minimum investment requirement for the North Macedonian Citizenship by Investment?
Yes, the minimum investment amount is EUR 200,000
What is the timeframe for processing an application?
Application processing times vary on a case-by-case basis. Please contact us for further details.
Can I include my family members in my application?
Yes, the main applicant can add their spouse and any dependent children to their application.
Are there any residence requirements in North Macedonia?
No, there are no residence requirements. However, applicants’ investments must be held for a specified duration.
What documentation will be required for the application process?
Requirements include:
- A valid passport
- Proof of investment
- Proof of health insurance
- Certificate of no criminal record
- A comprehensive CV
- Proof of financial standing
- Birth and marriage certificates where applicable
- Signed prospectus and share redemption documents from a government-approved fund.
What is the procedure for applying to the North Macedonian Residence by Investment Program?
Applicants are required to select a qualifying investment, submit their application along with the necessary documents, and complete a due diligence process. This process is closely overseen by the Fund for Innovations and Technology Development of North Macedonia.