North Macedonia: Why its citizenship by investment program is a strong choice
At Creimerman are committed to bringing you the information you need to change your life with relocation by vestment. Today, we’ll be talking about relocation by investment for the lesser-known and less-popular European nation of North Macedonia. Previously known as solely Macedonia, the small successor state to Yugoslavia is one of the most curious nations in the area.
Whether it’s Macedonia’s unique history, pristine natural surroundings, or its cheap and high-quality cost of living, the Slavic nation might be one to put on your radar when considering this area of Europe. Of course, if you’re considering relocation to Europe via investment, we’d love to help you in this process. Our specialized team is always willing to chat with you and make the relocation process as seamless as can be.
Before introducing you to all the information related to North Macedonia, if you are considering options for citizenship by investment,contact us!. Our specialized team can help you with all your concerns. Click here.
What are the Application Requirements?
There are two options for any foreign individual wanting to relocate to North Macedonia.
However, both options require a rather hefty investment - either EUR 200,000 or EUR 400,000.
Option 1: EUR 200,000
This monetary payment must be invested in a private fund following the laws of the Republic of North Macedonia over a two-year period per applicant.
Option 2: EUR 400,000
This monetary payment option must be invested in any new facility in North Macedonia (excluding those in the hospitality industry) employing a minimum of 10 people for at least one year.
The following documents are required for this process:
- Curriculum vitae (CV) in detail
- Proof of financial standing
- Police certificates and records
The Process Broken Down Applicants must complete the application in entirety and accompany the application with the needed fees and supporting documentation. These include:
- Birth/marriage certificates
- Signed prospectus
- Share redemption documentation of a government-approved fund.
After the Fund of Innovations and Technology Development of the Republic of North Macedonia receives these, applicants should expect this process to occur in this order:
- Due diligence checks completed
- Client agreement signed/retainer paid
- Requirements fulfilled
- Application for North Macedonian citizenship submitted
- Application approved
- Full citizenship received
What are the Benefits to Living in North Macedonia?
Although we briefly touched on a few of the benefits in the introduction of this article, applicants approved by the government of North Macedonia have access to the following:
- Citizenship able to be passed down to future generations
- Citizenship in a NATO country (and EU candidate)
- No minimum residency requirement
- A friendly, hospitable culture
- A tax-free environment, and others.
So, if you are interested in finding out more about North Macedonia, contact us today! Below this article you will find a link to set up a free fifteen-minute consultation with us to discuss your options further.
Also, if you want to access our other great content, subscribe to our YouTube channel! At Creimerman, our team of professional global citizens would be happy to help you with your personal or professional cross-border ventures and help make them a success.
If you are considering other options to relocate in Europe, watch this video that has Turkey as protagonist.