North Macedonia
North Macedonia, located in the heart of the Balkans, is a hidden gem with a rich cultural heritage and breathtaking natural scenery. Its vibrant capital city of Skopje, situated on the Vardar River, offers a unique blend of Ottoman, Byzantine, and modern architecture. The country is also home to stunning national parks, lakes, and mountains, providing ample opportunities for outdoor enthusiasts to hike, ski, and explore. North Macedonia’s warm hospitality and delicious cuisine, featuring influences from Mediterranean and Balkan flavors, make visitors feel right at home. With its fascinating history and welcoming people, North Macedonia is truly a destination worth discovering.
North Macedonia Citizenship by Investment Overview
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.
Key benefits
Visa free travel
Attractive tax system
Business-friendly environment
Other benefits
The North Macedonia Citizenship by Investment Program offers several key benefits for investors seeking to obtain citizenship in Europe.
- Fast and efficient pathway to citizenship, with the entire process taking between six to eight months.
- Visa-free travel to over 120 countries, including the Schengen Area of the European Union, Canada, and the United Kingdom.
- Strategic location in the heart of the Balkans, providing access to a growing regional market and important trade routes.
- Favorable tax regime, with a flat personal income tax rate of 10%, making it one of the most competitive tax systems in Europe.
- Access to high-quality education and healthcare facilities.
- No language or residency requirements for citizenship applicants, making it easier for investors to obtain citizenship without needing to relocate or learn a new language.
- Inexpensive cost of living and affordable property prices provide investors with a high quality of life at a lower cost compared to other European countries.
- Access to a skilled and multilingual workforce, with a high percentage of the population speaking English and other languages.
- A stable and business-friendly environment, with a government, committed to economic development and foreign investment.
Main requirements
- 1
Investment: in government-approved real estate or business activities, with a minimum investment of €200,000 donation to a government fund or a €400,000 investment in new facilities in the country.
- 2
Background check: Applicants must pass a thorough background check to ensure they do not have a criminal record or pose a security risk to Antigua and Barbuda.
- 3
Financial check: A proven source of funds for the investment, with documentation to support the origin of the investment funds.
- 4
Health Insurance: Proof of health insurance coverage for the applicant and any dependents, covering the medical treatment in North Macedonia
- 5
Fees: Payment of government fees and other associated costs, including due diligence fees, application fees, and processing fees.
- 6
Agent appointment: Appointment of a licensed agent to act on behalf of the applicant throughout the citizenship application process.
- 7
Evidence of a genuine intention to reside in North Macedonia or to invest in the country for a significant period.
Procedure
If you’re interested in obtaining citizenship by investment in North Macedonia, Empire Global can help you navigate the application process and ensure that you meet all program requirements. We have years of experience in assisting investors with securing second citizenship, and we pride ourselves on providing personalized service tailored to your specific needs.
Don’t miss out on the many benefits of North Macedonia citizenship, including visa-free travel, a low tax regime, and access to a stable and growing economy. Contact us today to learn more about how we can help you achieve your goals of obtaining a second citizenship through the North Macedonia Citizenship by Investment Program. Take the first step towards a brighter future for yourself and your family.