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Residence and Citizenship by Investment
North Macedonia

Located in Southeast Europe, the Republic of North Macedonia is surrounded by picturesque rivers and scenic, lush mountainous areas. Its growing economy and excellent agriculture and trade opportunities are attractive to investors and businesspeople. The people of North Macedonia enjoy a culturally rich lifestyle influenced by the arts and local tradition as well as a civil law system.

North Macedonia

Citizenship by Investment Overview

The North Macedonia Citizenship by Investment Program allows foreign nationals to make an investment into the country and apply for an alternative citizenship. The country boasts a dynamic, emergent economic climate and a booming agriculture and manufacturing industry, excellent for business investment and growth.

Enquiry Factsheet

Investment

Minimum investment of EUR 200,000

Processing time

Two–five months

Key benefit

The right of free movement to Hong Kong, Japan, Singapore, Turkey, and Europe’s Schengen Area, among others, as well as an e-visa to India

The North Macedonia Citizenship by Investment Program

Located in Southeastern Europe, North Macedonia has a strategic geographic location — prospective investors are in a key position to benefit from the nation’s status as a major transportation route across Europe. For those who would like to become citizens of this growing European economy, the North Macedonia Citizenship by Investment Program is the most efficient way to acquire such status. The government welcomes wealthy and talented foreign individuals who are able to make a significant, qualified investment into the country that would boost the economy through foreign direct investment. Under this program, individuals and their immediate family members can become citizens of North Macedonia within five months.

Benefits of the North Macedonia Citizenship by Investment Program

  • Visa-free or visa-on-arrival access to 125 destinations
  • Citizenship applicable to all dependents aged 18 and older (including the main applicant’s spouse). Dependent children under 18 can apply once the main applicant has received citizenship
  • Citizenship can be passed down to future generations
  • Access to a strategically positioned trade market
  • Citizenship of a European upper-middle income country with a friendly and hospitable culture and a favorable tax environment
  • No minimum residence period or language requirement to obtain citizenship
  • Citizenship of a country that recently acquired NATO membership and is an EU candidate
  • Access to a highly qualified workforce and fast company registration systems

Requirements of North Macedonian citizenship by investment

The North Macedonian Citizenship by Investment Program requires that a foreign individual invests EUR 200,000 or EUR 400,000 under one of the following two investment options:

Option 1:

EUR 200,000 per person for a period of at least two years in a private investment fund established in accordance with the laws of the Republic of North Macedonia, to be eligible to apply for citizenship

Option 2:

EUR 400,000 per person as a direct investment in new facilities (except for those in hospitality meant for restaurants or shopping), employing at least ten people for an indefinite period of time in a period of at least one year

The following documents are required:

  • Police certificates of clearance
  • Detailed curriculum vitae (CV)
  • Proof of financial standing

Procedures and time frame of the North Macedonia Citizenship by Investment Program

Applications for North Macedonian citizenship must include completed application forms and should be accompanied by the appropriate fees and supporting documents. The required documents include birth and marriage certificates and a signed prospectus and share redemption documents of the government-approved fund. The program is under the direct and close monitoring of the Fund for Innovations and Technology Development of the Republic of North Macedonia.

The following application steps apply:

  1. Client contacts Henley & Partners
  2. Initial due diligence checks completed
  3. Client agreement signed and retainer paid
  4. Requirements fulfilled
  5. Application for North Macedonian citizenship submitted to the government
  6. Application approved
  7. Full citizenship received
North Macedonia

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Should you have any questions, or if you would like a detailed breakdown of the exact costs for your family, kindly contact us and we will be delighted to help you.

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