North Macedonia, situated in Southeastern Europe’s Balkan region, is a country with a population of approximately 2 million, with Skopje as its capital. Gaining independence in 1991, it embraces a diverse ethnic makeup while predominantly identifying as Macedonian. The official language is Macedonian, and the currency is the Macedonian Denar. With stunning landscapes like Lake Ohrid and Matka Canyon, North Macedonia combines cultural influences. It aspires to EU membership, showcasing its commitment to global integration and development.
Program Overview
North Macedonia’s Residence by Investment Program (MRIP) is a government initiative that allows foreign nationals to obtain residency in North Macedonia by making a significant investment in the country. The program was launched in 2021 and is designed to attract foreign investment and boost the country’s economy
Program Benefits
- North Macedonia, an EU candidate member state, provides access to a strategically positioned trade market, enticing business investment prospects, and an advantageous 10% corporate tax rate.
- North Macedonian citizenship is inheritable, rendering its Citizenship by Investment (CBI) program an appealing choice for families.
- The government imposes no mandatory residency or language prerequisites for acquiring citizenship.
Additionally, North Macedonia has secured NATO membership in recent times.
Program Qualifications
- Applicants must be at least 18 years old.
- The program encourages entrepreneurs and talented individuals.
- Eligible family members include spouses and dependent children.
- Dependent children under 18 can apply for citizenship by descent when one or both parents obtain citizenship.
- The program’s government goal is to stimulate economic growth through foreign direct investment.
Types of Investments and Fees
As per the latest Northern Macedonia Citizenship by Investment (CBI) program, the new minimum investment requirement is €200,000, a reduction from the previous €400,000 threshold. This CBI program provides two options:
- Donation Route: You are required to contribute €200,000 to a private government fund.
- Investment Route: You must invest €400,000 in new facilities, with the exception of those in the hospitality sector. Additionally, you should employ at least ten individuals, thereby creating new job opportunities and stimulating the country’s economy.
Moreover, there are supplementary fees of €20,000 for both the main applicant and their spouse, and €10,000 for each minor child below 18 years of age. While this represents a valuable opportunity, it does come at a higher price point compared to Caribbean citizenship by investment programs, offering similar advantages.
Fees:
| Route | Fee (EUR) | Additional Fees (payable once, during the application process) |
| Donation | 200,000 | Application fee: 5,000 |
| Administrative fee: 5,000 | ||
| Police clearance certificate: 2,000 | ||
| Medical certificate: 1,000 | ||
| Translation and notarization fees: Varies depending on the language and number of documents | ||
| Investment | 400,000 | Application fee: 5,000 |
| Administrative fee: 5,000 | ||
| Police clearance certificate: 2,000 | ||
| Medical certificate: 1,000 | ||
| Translation and notarization fees: Varies depending on the language and number of documents |
Notes:
The donation and investment amounts are non-refundable.
Dependents can be added to the residence permit for an additional fee.
Please note that these fees are subject to change at any time. It is always best to check with the North Macedonian government for the most up-to-date information.
FAQs
Where can North Macedonia be found in Europe?
North Macedonia is situated in Southeast Europe within the Balkan Peninsula.
What documents are necessary for the North Macedonia CBI application?
Essential documents include an application form, passports, passport photos, birth and marriage certificates, police certificates, a due diligence report conducted by a reputable international third-party firm, a sworn oath pledging allegiance to the country, the main applicant’s CV, and government-approved fund prospectuses.
Can North Macedonian citizenship be inherited by my children?
Yes, if you’re the main applicant, the program grants you lifelong citizenship, which can be passed on to your dependent children and future generations.
If only I enroll in the North Macedonian Citizenship program, can my spouse access visa-free benefits?
The visa-free or visa-on-arrival access to 130 destinations extends to the main applicant and their spouse, as well as all dependents aged 18 and older.
What is the typical processing duration for the North Macedonian CBI?
The entire North Macedonian Citizenship by Investment process usually spans from 3 to 4 months.
Make North Macedonia your second home
Visa-Free Countries
POPULATION
1,832,696 (2023 est.)
GDP (per capita)
$8,800 (nominal, 2023 est.)
GDP (purchasing power parity)
$30,000 (2023 est.)
CAPITAL CITY Skopje
TIME ZONE Central European Time (UTC+1)
TOTAL AREA 25,713 sq km (9,930 sq mi)
LANGUAGES Macedonian (official), Albanian, Turkish, Romani, other minority languages
CURRENCY Macedonian denar (MKD)
MAIN INDUSTRY Manufacturing, agriculture, tourism
SCHENGEN/ EU Not part of the Schengen Area or the European Union
KEY ADVANTAGES
- Affordable living: North Macedonia offers a budget-friendly lifestyle.
- Diverse scenery: From mountains to lakes, it boasts picturesque landscapes and abundant cultural sites.
- Friendly locals: North Macedonians are known for their welcoming nature and strong cultural pride.
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Disclaimer
The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.