BLS is agent for North Macedonia’s Citizenship by Investment scheme

The recently established North Macedonia Economic Development Fund (MKED) and North Macedonia Industrial Innovation Fund (MKII) has created opportunities for a limited number of qualified investors to obtain North Macedonia citizenship and passport.

So far, each fund is authorised to grant citizenship to 500 investors, thus, capping the programme only to 1,000 main applicants.

Bayat Legal Services (BLS) has been appointed as an official agent to promote the North Macedonian Economic Citizenship Programme and accept applications for this plan.

North Macedonia is becoming an alluring investment destination for foreign capital, especially after the EU gave the green light to start an accession negotiation to the 27-member European bloc in March 2020.

The minimum ‘contribution of investment’ of at least €200,000 to any of these funds makes eligible investor to apply for the North Macedonian citizenship.

Investors’ spouses and children under 18 can be also included in the citizenship application.

Applicants for the Economic Citizenship programme are not required to visit or stay in the country during the application process. There is no need learn the language or have any kind of managerial experience as well.