The Republic of Ireland occupies most of the island of Ireland, off the coast of England and Wales. Its capital, Dublin, is the birthplace of writers like Oscar Wilde, and home of Guinness beer. The 9th-century Book of Kells and other illustrated manuscripts are on show in Dublin’s Trinity College Library. Dubbed the “Emerald Isle” for its lush landscape, the country is dotted with castles like medieval Cahir Castle.
Irish Immigrant Investor Programme
The Ireland Immigrant Investor Program was established in 2012 to allow wealthy individuals and families from outside the European Union to obtain residency in Ireland in exchange for making an approved investment in the Irish economy.
FActs about Ireland
Population: 4,784,000 (2017)
Currency: Euro (EUR)
Size: 70,273 km2 (27,133 sq. mi)
Languages: English & Irish
Life Expectancy: 81 years
GDP: $385 billion
GDP per capita: $80,641
Time Zone: UTC 0/+1 (daylight savings time)
Climate: Average yearly temperature of 10.1°C
Airport: Dublin Airport (DUB)
UNESCO World Heritage Sites: 2
Benefits of Irish Residence
- After 8 years of residency, you may be eligible for naturalization. Irish passport holders have visa-free access to 184 countries making it the 6th strongest passport in the world, as well as being a part of the EU and the benefits that brings.
- Ireland has signed comprehensive double tax treaties with 72 countries (70 of which are currently in force), including the US and all EU member states.
- Ireland is a common law jurisdiction, similar to the UK’s legal system.
- Ireland has a low corporate tax rate of 12.5%.
- As Ireland is a part of the EU, it offers many trade benefits as well as access to the second-largest economy in the world.
What is the Application Process?
- Firstly, there are due diligence checks to ensure that you are eligible and meet the criteria to apply for the program.
- You will be required to submit your investment proposal and supporting documents for the assessment of the Evaluation Committee.
- Once the Evaluation Committee decides, you will inform the Ministry of Justice, which will approve or disapprove your proposal. The investment will only be made in case of application approval.
- Once it is approved you will make the investment and provide evidence of it with the affidavit of good character and police conduct check.
- The residence permit will be granted
What are the Investment Options?
There are five ways to obtain Irish residence.
Immigrant Investor Programme (IIP)
- Enterprise Investment – A minimum investment of €1 million in either a single Irish enterprise or spread over a number of enterprises for a minimum of 3 years.
- Investment Funds – A minimum investment of €1 million in an Approved Investment Fund approved for the purposes of the IIP
- Real Estate Investment Trust – A minimum investment of €2 million in any Irish REIT that is listed on the Irish Stock Exchange. The €2 million investment may be spread across a number of different Irish REITs.
- Endowment – A minimum Endowment of €500,000 in a project of public benefit in the arts, sports, health, cultural or educational field.
Start-Up Entrepreneur Programme (STEP)
- To qualify, founders must have secured funding of at least €50,000 for their start-up venture. For second and subsequent founders CEO, CFO, CTO, CIO etc., an additional €30,000 of funding will be required.
How to Apply
If you’re interested in applying for Irish residence, complete the simple enquiry form below and one of our Senior Consultants will reach out to you for an initial brief. In this call we will discuss your requirements, situation and potential opportunities to explore.
We look forward to hearing from you.