North Macedonia
orth Macedonia is a country located in Southeast Europe, in the central Balkan Peninsula. It is a landlocked nation, bordered by Kosovo to the northwest, Serbia to the north, Bulgaria to the east, Greece to the south, and Albania to the west.
Citizenship by Investment Overview
North Macedonia does have a Residency by Investment Program, which can eventually lead to citizenship after a certain period of residence.
Investment
As a Macedonian citizen, you can enjoy visa-free or visa-on-arrival access to over 120 countries, including popular destinations in Europe, Asia, and the Americas. This includes access to the Schengen Area (countries in Europe that allow free movement), although Macedonia is not yet a member of the European Union.
Benefits
Although North Macedonia does not have a formal Citizenship by Investment (CBI) program, it does offer a Residency by Investment pathway, which eventually leads to citizenship.
The North Macedonia Citizenship by Investment Program
North Macedonia’s Residency by Investment Program provides an alternative route to citizenship through business and real estate investments, but it requires a long-term commitment. Investors should be aware of the minimum investment thresholds and the time required to qualify for naturalization.
Benefits of the North Macedonia Citizenship by Investment Program
EU Visa-Free Travel: As a member of the Schengen Area visa waiver list, Macedonian citizens enjoy visa-free travel to numerous European countries and other global destinations.
Regional Stability: North Macedonia is located in a stable region of the Balkans, and being a NATO member since 2020, it is seen as an increasingly attractive investment destination.
Business Opportunities: North Macedonia’s favorable tax regime, relatively low cost of doing business, and strategic location for trade can be appealing to investors.
Dual Citizenship: North Macedonia permits dual citizenship, which means investors can retain their original citizenship while becoming Macedonian citizens.


