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Company Formation Macedonia



Obtain Residence in Macedonia

Updated on Thursday 15th July 2021

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Obtain residence in Macedonia.jpgThe business conditions and climate in Macedonia are quite appreciated at an international scale, with many foreign entrepreneurs already benefiting from stability and security in this regard. Residence in Macedonia is obtained relatively quickly and easily if the conditions imposed by the authorities are met. In addition, the necessary support in this direction is provided by our team of specialists in Macedonia, in order to benefit from a trouble-free process. Find out in this article how you can get a residence in Macedonia and what are the rules you should follow.

Conditions for obtaining a Macedonian residence permit

A temporary residence permit for Macedonia can be obtained by foreign nationals who want to work or study, activate in the research field, receive medical treatment, or reunite with the family in this country. As soon as the relocation process is complete, the application for a residence permit in Macedonia will follow. Here is some useful information to keep in mind when applying for a residence permit in Macedonia:
  • A valid passport is needed at the time of application for a residence permit in Macedonia.
  • Besides the standard documents that must be completed, the authorities will also solicit your national identity card.
  • Information about the accommodation in Macedonia is required.
  • Some bank statements to provide you have enough funds to live in Macedonia will be solicited at the time of residence permit application in Macedonia.
  • A Macedonian residence permit has a validity of one year, with the possibility of extension.
It is worth highlighting that the authorities in Macedonia have the right to make some verifications and ask for a copy of the criminal record. All you need to know about how to obtain residence in Macedonia can be provided by our agents. Plus, if you want to start a business in Macedonia, you can rely on the support and guidance of our company formation agents in Macedonia.

Do I need a health insurance for my residence permit application?

Yes, the Macedonian authorities imposed the obligation of having health insurance at the time the residence permit application is made. A copy of the medical card is also solicited for a temporary residence permit for Macedonia, so make sure you have all the documents prepared. You are advised to talk to our agents and see who you can be guided when applying for a residence permit for Macedonia.

Permanent residence permit in Macedonia 

Investments of at least EUR 40,000 can grant a permanent residence in Macedonia. Just like in the case of the temporary one, the Macedonian authorities will make a series of verifications to see if the source of income is legal or not. Plus, a clear criminal record is needed for permanent residence permit application in Macedonia

Working in Macedonia – What you need to know

Work and residence permits are needed for legally staying and working in Macedonia. A personal work permit, for instance, can be issued for up to 3 years, or in special cases for an unlimited period of time. On the other hand, a permit to work is issued in the case the employer in Macedonia makes an application in this sense. An employment permit is issued based on job systematization, meaning that the foreigner accepted permanent employment in Macedonia. You can discuss all the details with our company formation specialists and see how you can be helped from this point of view. We can assist foreigners who want to work in Macedonia or who want to register a company in Macedonia.

Making investments in Macedonia

Macedonia is an excellent business destination, and foreign investors are increasingly interested in the benefits of this country. The stable economy, excellent infrastructure, experienced labor, affordable costs for setting up a business, and the various incentives offered by the Macedonian government are some of the strengths of foreign investors interested in developing business in this country. Here are some interesting statistics about the Macedonian economy:
  1. In terms of total FDIs, Macedonia registered more than USD 6,35 billion in 2019.
  2. Most of the FDIs are absorbed by the manufacturing sector of Macedonia, one of the most prolific ones in the country.
  3. A 10-year tax exemption is offered to investors in Macedonia.
  4. The 2020 Doing Business report issued by the World Bank ranked Macedonia 17th out of 190 worldwide economies for simplified business conditions.
Would you like to know more about a residence permit in Macedonia or about how to start a company in this country? Please feel free to contact our company formation agents in Macedonia and discover the services we can offer.

Meet us in Skopje

Call us now at +381605001680 to set up an appointment with our lawyers in Skopje, Macedonia. Alternatively you can incorporate your company without traveling to Macedonia.

As a Balkanski Centar Group client, you will benefit from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Macedonia.

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The team from CompanyFormationMacedonia.com is very qualified and benefits from extensive expertise in this area. I would definitely recommend them to any entrepreneur decided to start his own business here.

Mihai Cuc, Partner of
Enescu&Cuc; Law Firm

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