Macedonian Citizenship by Investment — Your Guide to the Economic Interest Pathway
North Macedonia offers citizenship to foreign investors who make a qualifying economic contribution — through either a direct investment of €400,000 or a €200,000 investment in a private fund supporting innovation and economic development.
North Macedonia Citizenship by Investment — Overview
North Macedonia's citizenship by investment program is established under Article 11 of the Law on Citizenship and the Government Decree on Criteria for Special Scientific, Economic, Cultural, Sports, or Other National Interest (Official Gazette No. 9/05, amended 2012, 2019, and 2021). It offers one of the most straightforward investor citizenship programs in Europe.
Unlike some other European investment programs that require significant real estate purchases or donations, North Macedonia's program focuses on productive economic investment — business facilities and job creation, or participation in an innovation-focused investment fund. There is no residency requirement, no language test, and no obligation to renounce your existing citizenship.
The program is evaluated by specialist government bodies (the Ministry of Finance for direct investment, and the Fund for Innovation and Technological Development for fund investment), with a final Government opinion before the Ministry of Interior issues the citizenship decision.
Quick Facts
Two Investment Routes to Macedonian Citizenship
Option 1 — Direct Investment
€400,000
- •Investment in new production or business facilities in North Macedonia
- •Excluded sectors: restaurants, hospitality primarily for food service, retail trade
- •Must employ at least 10 people on permanent contracts for at least 1 year
- •Evaluated and confirmed by the Ministry of Finance
Option 2 — Private Investment Fund
€200,000
- •At least €200,000 invested for a minimum of 2 years in a qualifying private fund
- •Fund must have minimum initial capital of €5,000,000
- •Fund must invest in the real economy and innovation (not real estate, hospitality, or retail)
- •Evaluated by the Fund for Innovation and Technological Development (FITD)
Eligibility Requirements
| Requirement | Details |
|---|---|
| Age | 18 or over |
| Investment | €400,000 direct business investment OR €200,000 in qualifying fund |
| Criminal record | No sentence of 1 year or more for ex officio offenses |
| National security | Admission must not endanger national security or public order |
| Residency in North Macedonia | Not required |
| Macedonian language | Not required |
| Release from other citizenship | Not required |
| Housing/income proof | Not required |
Step-by-Step Application Process
- 1
Make your qualifying investment and obtain documentation confirming the investment (fund subscription agreement or business investment records)
- 2
Prepare all personal documents plus investment documentation
- 3
Submit your complete application at the Ministry of Interior regional unit or nearest Macedonian embassy
- 4
Ministry of Finance (Option 1) or FITD (Option 2) evaluates and confirms the economic interest
- 5
Government of North Macedonia reviews the file and issues a formal opinion
- 6
Ministry of Interior issues the final citizenship decision
- 7
Pay the remaining €80 fee, sign the loyalty oath, and collect your citizenship decision
- 8
Obtain your citizenship certificate, apply for a national ID card, and apply for a North Macedonian biometric passport
Why Investors Choose North Macedonia
Beyond the citizenship itself, North Macedonia offers a compelling environment for investors. The country has one of the lowest tax burdens in Europe — a flat 10% income tax and 10% corporate tax — and has been an EU candidate country since 2005. As a NATO member since 2020 and a country with an established Stabilisation and Association Agreement with the EU, North Macedonia offers stable, treaty-backed investor protections.