Ireland is an EU country and one of the few countries currently accepting residency and immigration by investment in Europe. Ireland is a global technology center with a high-quality education system. Through investment, you can obtain permanent residency status. The processing cycle is fast, only 6-8 weeks. Immigration applications can be successfully submitted 5 years after obtaining permanent resident status.
Ireland Residency by Investment Program
Project Summary
Country Summary
An island at the edge of Europe, but at the centre of global technological development. From Europe’s largest green space to the longest defined coastal touring route in the world, Ireland is a country brimming with adventure and beauty. People travel from far and wide to discover a culture that is brought to life in music, dance and stories.
Ireland’s geography comprises relatively low-lying mountains surrounding a central plain, with several navigable rivers extending inland. Its lush vegetation is a product of its mild but changeable climate, which is free of extremes in temperature.
The Irish economy is the fastest growing in the Eurozone and is the 6th most competitive economy in the world. Subsequently, Ireland has been named the best country in the world for attracting high – value foreign direct investment for six consecutive years. Ireland is home to many of the world’s leading technology companies, most notably Google, Intel, Facebook and Twitter.
Regarding research impact, Irish universities are in the top 1% of research institutions in the world. Ireland is ranked 2nd in the world for education in chemistry and 4th for mathematics. Trinity College Dublin is arguably the most prestigious university in Ireland.
Application Requirements
The Ireland Investor Program requires an applicant to undertake one of four eligible investments in Ireland:
- A minimum investment of €1.0 million in either a single Irish enterprise or spread over a number of enterprises for a minimum of three years.
- A minimum investment of €1.0 million in an Approved Investment Fund committed for a minimum of three years.
- A minimum investment of €2 million in any Irish REIT that is listed on the Irish Stock Exchange committed for a minimum of three years.
- A minimum Endowment of €500,000 in a project of public ben in the arts, sports, health, cultural or educational Where a group of five or more investors combine their endowments, a minimum investment of €400,000 per investor will qualify under the program.
One of the more popular options is the Approved Investment Fund option, which provides for a return on investment. For example, the Irish Diaspora Loan Fund (IDLF) is a government- approved investment route that is authorised by the Central Bank of Ireland. The two key objectives of the fund are to (a) ensure maximum protection of investor funds by following a conservative low-risk loan investment policy and (b) issue innovative finance to a portfolio of Irish hotels, which will each increase employment levels throughout the lifetime of the fund. A selected hotel will enter into a five-year loan agreement with the IDLF and the IDLF takes security over the property until completion of the loan. At the end of the term, the hotel will refinance with a traditional lending institution and repay the IDLF loan.
In addition to the aforementioned investment requirements, applicants must demonstrate a personal net worth of at least €2 million.
Benefits and Advantages
- EU citizenship after five years of physical residency
- One of the fastest growing economies in the EU
- Home to the world’s most successful technology companies
- High standard of education
- Vast beautiful landscape
- Approval time is around six to eight months.
- There are no restrictions on dual citizenship in Ireland.
Application Process
Approval time is around six to eight months. Once an investor’s application has been approved, he/she has 90 days to action the selected investment. Following this, a two-year resident visa is issued, allowing the investor and his/her dependent family members to live, work, and study in Ireland. At the end of year two, an application for a three-year visa extension is submitted.
Month 1
Submit application to the Irish Naturalisation and Immigration Service (INIS). Action investment following approval from the INIS.
Year 0
visa is issued for two years.
Year 2
visa is renewed for three years.
Year 5
Apply for PR