North Macedonia​

North Macedonia is a country of the Balkans full of peaceful and natural beauty. In order to attract investors and support its economic growth, North Macedonia offers various investment incentives. However, North Macedonia does not have an official “Golden Visa” program, but the country does offer long-term residence permit opportunities to investors when they meet certain investment criteria. These opportunities generally focus on real estate investment and starting a business.

The real estate market in North Macedonia offers various opportunities for investors. The capital Skopje is the most popular investment destination as the economic and cultural center of the country. Skopje attracts attention with its modern infrastructure and rapidly developing business world. Real estate investments in the city offer attractive return potential, especially in terms of commercial areas and residential projects.

In addition to Skopje, cities such as Ohrid and Bitola also offer important opportunities for investors. Ohrid is famous for its historical center and beautiful Lake Ohrid, a UNESCO World Heritage Site. Real estate investments in this city, which has a high tourism potential, can be evaluated, especially in terms of holiday homes and rental properties. Bitola attracts attention with its historical architecture and vibrant cultural life, and real estate in the city offers attractive options for both local and foreign investors.

One of the advantages of investing in North Macedonia is the potential arising from the country’s status as a candidate country for the European Union. The country, which is on its way to EU membership, offers investors and their families the opportunity to travel and do business in the region. This makes North Macedonia an attractive option not only for living but also for investing.

To obtain a residence permit through investment, an investment above a certain amount is expected in North Macedonia. These investments can take the form of purchasing real estate, investing in a local business or starting a new business in North Macedonia. The amount, type and economic contribution of the investment are among the important factors for obtaining a residence permit.

It is important for investors who are considering a residence permit or real estate investment in North Macedonia to obtain detailed information about the country’s investment laws, real estate market and immigration policies. During this process, working with an expert advisor to understand North Macedonia’s investment environment and legal framework can help investors make the right decisions. While the political and economic stability of the country offers an important assurance for those considering investing, it is necessary to understand the local market conditions and legal framework well.

North Macedonia offers various opportunities for investment, especially in areas such as agriculture, energy and tourism. These sectors play an important role in the economic development of the country and have attractive return potential for foreign investors. For investors, starting a business or investing in an existing business in North Macedonia can be beneficial in terms of both contributing to the country’s economy and achieving personal business goals.

Another important factor to consider when investing in North Macedonia is the country’s tax policy. The country offers tax incentives and favorable business conditions to investors, making North Macedonia an attractive investment destination, especially for SMEs and start-ups. In addition to tax incentives, it is important for investors to understand the regulations they will encounter when starting and managing a business.

As a result, North Macedonia offers investors a strategic location in the Balkans, investment opportunities in various sectors and cultural richness. For investors, the real estate market in cities such as Skopje, Ohrid and Bitola offers important opportunities, especially in terms of tourism and commercial investments. However, as with every investment decision, detailed research and working with local experts are critical in this process. Taking advantage of the opportunities offered by North Macedonia is possible with comprehensive market research and understanding local market conditions.