In March of this year, it was reported that North Macedonia was launching citizenship by investment program. To do this, investors need to make a donation to a government fund, IMIDaily writes.
North Macedonia is not the only country in the Balkans to offer citizenship in return for investment. For example, the Montenegrin Citizenship by Investment Program.
Benefits of the Montenegro Citizenship by Investment Program:
- Fast process, residency within 3 weeks
- Approval of citizenship within six months
- No language requirements
- No obligation to relinquish current nationality
- NATO Member
- Candidate country for future expansion of the EU, expected by 2025
- Global mobility
- Strategic geographical location in Europe with direct access to Adriatic Sea
- An outstanding holiday destination
If you are looking only for a residence permit, and the Balkans are especially attractive, then take a look at the residency by investment program in Serbia.
- Practical “No stay” requirement
- No requirement to speak the Serbian language
- Permanent residency can be obtained in 5 years
- Residency via the ownership of Serbian property with no minimum investment
- Simple procedure based on strict laws
- Only 2 visits to Serbia required
- Very favourable company and personal tax systems
- No CRS (Serbia did not sign CRS)
- Straight and fast bank account opening (as fast as 7 – 10 days)
- Serbia has free trade and custom free agreements with the EU, Russia, Turkey etc. (total of 1.1bn consumers)
- Availability of high-quality and not expensive labour
- Very competitive operating costs
