Great news! Great news!
Another Western Balkan country from the EU's eastern expansion target area
Ranking alongside Montenegro at the forefront of EU accession
North Macedonia, expected to join the EU in the coming years
Now officially launches its Citizenship by Investment program, limited to 1,000 spots globally
Starting from €200,000, apply for a North Macedonia passport, an EU candidate country
This is another highly anticipated immigration program in the European market
A rare investment opportunity with high potential; apply quickly before spots are filled
North Macedonia, a former member of the Socialist Federal Republic of Yugoslavia, is located in the central part of the Balkan Peninsula in Southeast Europe. It is bordered by Bulgaria to the east, Albania to the west, Greece to the south, and Serbia to the north. It is a landlocked European country with a pleasant climate, beautiful scenery, political and economic stability, and a multi-ethnic society. North Macedonia is currently included in the EU's eastern expansion plan and is an EU candidate country. In 2021, North Macedonia launched a brand-new Citizenship by Investment program, which means another popular investment-based citizenship program has arrived on the European market, set to attract significant attention from the immigration industry and global investors! Worldway Group is proud to introduce this program to our investors; let's learn more about it below!
North Macedonia aims to join the EU, with the application process now accelerated
North Macedonia has clear diplomatic goals, aiming to join the EU, and has currently made significant progress on its path to accession. In December 2005, North Macedonia was granted EU candidate status. In October 2009, the European Commission recommended opening accession negotiations with North Macedonia. In March 2020, the European Commission approved the decision to open accession negotiations, accelerating the process of joining the EU! Furthermore, according to the Western Balkans Strategy adopted by the European Commission for the expansion of the Western Balkans, North Macedonia ranks alongside Montenegro at the forefront of the specific steps for the six Western Balkan countries to join the EU, and is expected to join the EU in the coming years! At the same time, North Macedonia is a member of the United Nations, the Council of Europe, the Organization for Security and Co-operation in Europe (OSCE), and NATO, among others. Its internationalization process is accelerating, and its international status is continuously rising!
North Macedonia's economy is growing well, with great investment potential in tourism
In recent years, with the improvement of the domestic and international environment and the promotion of various reform measures, North Macedonia's economy has maintained a good growth momentum, rapidly becoming one of the fastest-growing countries in Europe. According to World Bank data, North Macedonia's real GDP growth rate reached 3.6% in 2019, with a per capita GDP of approximately $6,093, higher than expected. The Macedonian economy is diversified, with several industries holding significant investment potential, among which tourism is relatively well-developed. From 2016 to 2019, the number of foreign tourists in North Macedonia grew consecutively. In 2019, the number of foreign tourists reached 1.18 million, a year-on-year increase of 69%, hitting a record high. The number of Chinese tourists visiting North Macedonia has also been growing steadily.
North Macedonia is a low-tax country in Europe with an excellent business environment
The government focuses on attracting foreign investment and has introduced preferential policies in areas such as taxation, land, and customs clearance. North Macedonia has simplified procedures for company registration, with registration taking as little as 4 hours. To make North Macedonia more attractive to foreign investment, the government implements a flat tax system, with corporate and income taxes at only 10%, and non-resident income tax at zero, making it one of the countries with the lowest tax rates in Europe. In the World Bank's "Doing Business 2018" report, North Macedonia ranked 11th out of 189 economies!
How to apply for the North Macedonia Citizenship by Investment program?
According to Article 11 of the Law on Citizenship of North Macedonia: The government has the right to grant North Macedonian citizenship to third-country nationals who have made outstanding contributions to North Macedonia. Furthermore, the law stipulates a limit of 1,000 spots.
Currently, through the North Macedonia Exceptional Citizenship Program, applicants can apply for a North Macedonia passport, an EU candidate country, by making a donation of €200,000 to a fund designated by the North Macedonian government.
Worldway Group, one of the top 500 Asian brands and dedicated to investment immigration for over 20 years, as an active promoter of European investment immigration programs, is your best choice for obtaining a North Macedonia passport! For more details, please call the Worldway service hotline: Mainland China: 400-138-2929 Hong Kong: (852)2802 8798
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