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Golden Visa Partners

2026 Program Guide

North Macedonia Citizenship by Investment

North Macedonia offers citizenship in Europe through a fund investment of EUR 200,000 (2 years, refundable) or a business investment of EUR 400,000. There is no language or residence requirement; however, since the program's implementation has experienced delays, it is important to confirm the current status with your advisor before applying.

Last updated: 2026-07-07 · Reviewed by: Burak Ünal

At a glance

Program type
Citizenship by investment (Europe)
Fund investment
EUR 200,000 (2 years, refundable)
Business investment
EUR 400,000 + 10 jobs
Processing time
Approximately 8-10 months
Language / residence requirement
None
Note
Implementation delays are being experienced

Who is it for?

  • Those wanting European citizenship through a refundable fund investment (EUR 200,000).
  • Investors who do not want a language or residence requirement.
  • Applicants able to proceed patiently while confirming the current program status.
  • Those wanting to recover their capital at the end of two years.

The Refundable Fund Advantage

North Macedonia's most attractive feature is that the EUR 200,000 fund investment can be refunded at the end of a two-year period (subject to fund performance and conditions). This is an important distinction for investors who do not want to permanently commit their capital. Alternatively, a EUR 400,000 business investment with a 10-job creation route is also available.

Delays in Implementation

Although the program exists in legislation, delays in approval and operation have been experienced in practice. North Macedonia is an EU candidate country; citizenship does not currently provide EU free movement. We therefore assess the program's current functionality and timelines realistically before application.

Benefits

  • Citizenship of a European country.
  • The fund investment is refundable after two years.
  • No residence or language requirement.
  • Family members can be included in the application.

Requirements

  • Be over 18 with a clean criminal record.
  • An approved fund or business investment.
  • Government fees and source-of-funds documentation.

Costs

Fund investment (refundable)
EUR 200,000
Business investment
EUR 400,000
Government fee
EUR 20,000 (main applicant) + EUR 20,000 (spouse) + EUR 10,000 (child)

Process

  1. Preliminary assessment

    Eligibility check and confirmation of the current program status.

  2. Investment and application

    Making the fund or business investment and application.

  3. Review

    Government review and due diligence process.

  4. Approval and passport

    Citizenship and passport after approval.

FAQ

Is my fund investment refundable?
Yes, the EUR 200,000 fund investment can be refunded at the end of a two-year period, subject to fund performance and conditions.
What is the current status of the program?
The program exists in legislation, but delays have been experienced in practice; it is important to confirm the current status before applying.
Is a language exam required?
No, there is no language or residence requirement.
Is North Macedonia an EU member?
No, it is an EU candidate country. Citizenship does not currently provide EU free movement; this may change if membership occurs in the future.
Who from my family can be included?
A spouse and dependent children can be included in the application; a separate government fee applies for each.
How long does the process take?
The official duration is approximately 8-10 months; however, due to delays in implementation, we determine a realistic timeline together.

Sources

Disclaimer: Golden Visa Partners is an investment and immigration advisory firm; it does not provide legal or attorney services. The investment amounts, timelines and program conditions on this page are for general guidance only and, because regulations change quickly, may be out of date. Before making any decision, we recommend consulting current official sources and obtaining independent legal and financial advice.

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