North Macedonia offers a Citizenship by Investment program that provides a fast and efficient way to obtain citizenship for investors and their families. The North Macedonia Citizenship by Investment program was launched in 2019 and has become an attractive option for those seeking European Union (EU) residency and citizenship.
To be eligible for the citizenship investors must make a significant contribution to the country’s economy. The minimum investment amount is €400,000, which must be invested in a government-approved development project or a private company in a priority investment sector. The investment must be held for a minimum of five years.
In addition to the investment requirement, applicants must meet other criteria. They must have a clean criminal record and provide evidence of their source of funds. They must also undergo a due diligence check and pass a security clearance conducted by the North Macedonian authorities.
Once approved, investors and their families receive a North Macedonian passport, which allows visa-free travel to over 120 countries, including the Schengen Area of the EU. North Macedonian citizenship also provides the right to live, work, and study in the country, as well as the ability to access healthcare and other social benefits. The North Macedonia Citizenship by Investment offers a relatively low-cost option for obtaining EU citizenship compared to other European countries. Its location in the heart of the Balkans also provides investors with access to a growing regional market and strategic trade routes.