Tax Appeal of North Macedonian Immigration

North Macedonia, situated in the Balkan Peninsula of southeastern Europe, is a landlocked country north of Greece. Currently not a European Union member, its investment immigration program carries less weight than those of EU countries. However, as the saying goes, "you get what you pay for" - while the investment threshold is lower, the country has applied for EU membership, offering potential status enhancement in the future. Before discussing its tax system's merits, let's examine its citizenship by investment program.

North Macedonia offers two CBI options:

• Invest €200,000 (approximately 1.5 million RMB) in a private investment fund for 2 years before applying for citizenship
• Direct investment of €400,000 (approximately 3 million RMB) in infrastructure facilities (excluding tourist facilities like restaurants or shopping malls) and employ at least 10 people, with citizenship eligibility after 1 year

Given the relatively low investment threshold, does its tax policy offer any pleasant surprises?