North Macedonia Citizenship Investment Program
One of the most beautiful countries in Europe, for a limited time, is now accepting applications from a limited number of qualified investors, for its newly amended Citizenship Investment Program.
Under the law of Ministry of Foreign Affairs, a foreign investor who meets the requirements referred to in Article 11, may obtain citizenship of the Republic of North Macedonia by naturalization.
North Macedonia Citizenship Act, under Article 11, states that the government can reward a foreign person with citizenship, in the event of extraordinary merit. This may take various forms, including economic ones; and can include capital contribution or other economic benefit brought to North Macedonia.
Two designated funds, have been authorized by North Macedonia Security Exchange Commission (SEC), in line with Article 11:
North Macedonia Industrial Innovation Fund (Fund Symbol: MKII)
North Macedonia Economic Development Fund (Fund Symbol: MKED)
Through contribution of investment to either of these two officially authorized funds, the investor can qualify for Citizenship.
By doing so, North Macedonia is following the successful path of other similar European Citizenship Investment programs; such as those of Austria, Ireland, Cyprus, Serbia, Montenegro, Malta, … by attracting successful entrepreneurs and investors to be more involved with the advancement of host country’s expanding and progressive economy. North Macedonia has further modified the approach to this program to be more in line with its EU policies, and to better benefit the interest of its citizens and national economic goals.