MACEDONIAN MILLIONAIRS AVOID INVESTING AT HOME
Macedonian millionaires in most cases do not decide to invest in Macedonia. They rather keep their money in banks and in order to protect their capital they invest in real estate. Some experts think that these investors are not satisfied with the safety and influence of political structures on potential investors in Macedonia.
Macedonian businessman Zore Temelkovski says that conditions of Macedonian investments look good only on paper. He says that investment climate in Macedonia has not been good for the past 15 years.
Namely, those who want to invest have to become members of a political party, which is an obstacle for many investors. Therefore, many decide to protect their money by investing in foreign real estate or placing it in foreign banks.