Ireland
Following a one-year review by the Irish Justice Department, Ireland’s Immigrant Investor Program has been officially closed to new applications starting February 15, 2023.
Get Permanent Resident for Ireland By Investment
Although there is a Permanent Resident for Ireland By Investment that leads to Irish citizenship, there is no Ireland Golden Visa technically. With the Irish citizenship Investor Programme, an applicant and qualifying family members can live and work in Ireland indefinitely. For high-net-worth individuals and their families who wish to acquire permanent residency in Ireland, the Irish Residency Program is an ideal option.
Get ireland Resident
ADVANTAGES
– Member of the European Union. (EU)
– Applicant and dependents can live, work and study in Ireland.
– Safe living environment, the highest standard of living.
– Multicultural society that promotes freedom of expression, equal rights, and respect for diversity.
– Can include dependent children up to 24 years.
– High-quality discounted or free education.
– Advanced health and welfare systems.
– Can get a discount on investment for private education expense institutions.
REQUIREMENTS
– Must make a qualifying investment in Ireland.
– The applicant must have legally acquired net assets of at least €2 Million.
– All of the funds required to meet the conditions of the Immigrant Investor Program must be capable of being transferred to Ireland and convertible to Euros.
– The applicant and family members must be in good health and have no criminal record.
– The applicant and family members must have private medical insurance covering their period of residence in Ireland.
– Must spend at least one day per year in Ireland.
– The funds used for the investment must be the individual’s own funds, which cannot be borrowed.
– Applicant must prove the source of funds used for the investment.
INVESTMENT OPTIONS
– Enterprise Investment of at least €1 million in either a single Irish enterprise, or several enterprises for a minimum of 3 years.
– A minimum investment of €1 million in an Approved Investment Fund which must be held for at least 3 years.
– A minimum investment of €2 million in an Approved Real Estate Investment Trust (REIT) listed on the Irish Stock Exchange which must be held for at least 3 years.
– An Endowment (non-refundable donation) of €500,000 in the arts, sports, health, cultural or educational fields.
PROCESS
– The application must be approved by an Evaluation Committee composed of senior officials from the Irish Government.
– The Evaluation Committee convenes four times per year (Feb, May, Sept and Dec) to assess applications.
– Investment is made only after the application is approved.
– Once the investment is completed then Residence permits are then issued to applicant and family members for an initial period of 2 years.
– Residents permits may be extended for a further 3 years’ subject to the investment continuing to be held.
– After the initial 5-year period, applicant and dependents can:
– Apply for a 5-year visa extension; or
– Apply for Permanent Residence (if residing in Ireland); or
– Apply for Citizenship (subject to meeting residency and other requirements)