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Immigration Permission by Investment
Situated in the north-west of Europe, Ireland is an island with lush vegetation and a mild climate, meriting its reputation as “The Emerald Isle”. Ireland is home to the youngest population in Europe, with 1/3 of the population being under 25 years of age, and almost half the population being under the age of 34. Having the fastest growing economy in the Eurozone, Ireland has been named the best country in the world for attracting high-value Foreign Direct Investment for six years in a row.
The Ireland Immigrant Investor Program
The Immigrant Investor Program was introduced to promote inward investment for the creation of business and employment opportunities in Ireland. The Program is designed to benefit investors and business professionals from outside the European Economic Area, allowing them and their immediate family to acquire residency status in Ireland through investment and other business opportunities.
Ways of Acquiring Citizenship
Applicants have four investment opportunities available to obtain residency status. The options are as follows:
An investment of a minimum of €1 million in an Irish enterprise for a period of at least three (3) years.
An investment of a minimum of €1 million in an approved investment fund for a period of at least three (3) years. Such funds must be approved and regulated by the Central Bank.
An investment of a minimum of €2 million in any Irish REIT that is listed on the Irish Stock Exchange, for a period of at least three (3) years.
A philanthropic donation of a minimum of €500,000 to a project which is of public benefit to the arts, sports, health, culture of education in Ireland.
Validity of Immigration Permission
An Applicant’s initial immigration permission is valid for two (2) years and may be renewed for a further three (3) years subject to certain conditions being met during the two (2)-year period. After the initial five (5) years, immigration permission may be renewed for a further five (5) years subject to meeting certain conditions.
Validity of the Passport
Initial passports are valid for five (5) years and renewable subject to the holder meeting the residency requirement.
Benefits of Ireland and the Immigrant Investor Program
To be eligible to apply, the Principal Applicant must:
Applications will be denied on the following grounds:
Application Processing Time
On average, decisions are rendered within 3 to 4 months, although it may take longer if the Evaluation Committee require more information from an Applicant. Upon approval, Applicants must make the investment within 90 days of the date of the approval letter.
International Organization Membership
Ireland is a member of the following international organizations:
4.3 Million (2018)
GNI Per Capita
$62,440 US World Bank (2017)
Irish, English (Official)
Euro. 1 € = 1.13 USD
Average all year round of 5°C – 18 °C