The Ireland Investment Visa Program, also known as the Immigrant Investor Programme (IIP), is designed to attract non-EEA (European Economic Area) nationals who are willing to make a significant investment in Ireland. This program offers investors and their families the opportunity to obtain long-term residency in Ireland with the potential for citizenship.
Key Features
- Residency Status: Grants residency to investors and their immediate family members.
- Pathway to Citizenship: After five years of residency, applicants may apply for Irish citizenship, subject to meeting the eligibility criteria.
- Family Inclusion: Covers the primary applicant, spouse/partner, and dependent children under 24 years of age.
- No Minimum Stay Requirement: Investors are not required to reside in Ireland but must visit at least once per year.
- EU and Schengen Access: While the visa itself does not grant Schengen access, Irish residency facilitates easier travel within the EU.
Overview of Investment Visa Streams
- Purpose: To promote investment in Irish businesses.
- Eligibility:
- Minimum investment of €1 million in an Irish enterprise.
- The investment must be held for at least three years.
- Duration: 2-year initial residency, renewable for 3 years, and then renewable for 5 years.
- Others: The enterprise must be registered and operate in Ireland, with the investment potentially spread across multiple businesses.
- Purpose: To encourage investment in approved Irish-managed investment funds.
- Eligibility:
- Minimum investment of €1 million in an approved investment fund.
- The investment must be held for at least three years.
- Duration: Same as enterprise investment, with 2-year initial residency.
- Others: The fund must be approved and regulated by the Central Bank of Ireland.
- Purpose: To attract investment in publicly traded real estate companies.
- Eligibility:
- Minimum investment of €2 million in one or more Irish REITs.
- Duration: Same as other investment options, with a 2-year initial residency.
- Others: Investment can be spread across multiple REITs, but must be held for at least three years.
- Purpose: To support public projects that benefit the arts, sports, health, culture, or education in Ireland.
- Eligibility:
- Minimum donation of €500,000 to a public project.
- Duration: Same as other streams, with no return on investment.
- Others: Group endowment (5 or more investors) reduces the minimum donation to €400,000 per investor.
General Eligibility Criteria
- Minimum Investment: Varies by stream (e.g., €1 million for enterprise investment).
- Clean Criminal Record: Applicants must provide police clearance certificates.
- Proven Net Worth: Applicants must demonstrate a minimum net worth of €2 million.
- Commitment to Ireland: Applicants must commit to maintaining their investment and contributing to Irish society.
- Good Character: Applicants must be of good character and not pose a risk to Irish security.
Required Documents
- Valid Passport: Copies of the applicant’s passport and those of dependents.
- Proof of Investment Funds: Documentation showing the source and transfer of funds.
- Police Clearance Certificate: From the applicant’s country of origin.
- Business Plan (if applicable): For enterprise investment, detailing the business and its benefits to Ireland.
- Medical Insurance: Proof of health insurance covering all family members.
- Financial Statements: To demonstrate net worth and financial standing.
Application Process
- Choose an Investment Stream: Select the appropriate investment option, such as enterprise, fund, REIT, or endowment.
- Prepare Documentation: Gather all required documents, including proof of funds, income, and identity.
- Submit Application: Applications are submitted to the Irish Naturalisation and Immigration Service (INIS).
- Investment Commitment: After approval in principle, the investment must be completed.
- Receive Residency Permit: Upon confirmation of the investment, the residency permit is issued.
Cost (Approximate)
| Visa Type | Application Fees | Investment Amount | Additional Costs (Legal, Admin, etc.) |
|---|---|---|---|
| Enterprise Investment | €1,500 | €1 million | €10,000 – €20,000 |
| Investment Fund | €1,500 | €1 million | €10,000 – €20,000 |
| REITs | €1,500 | €2 million | €10,000 – €20,000 |
| Endowment | €1,500 | €500,000 | €10,000 – €20,000 |
Visa Processing Time (Approximate)
| Visa Type | Processing Time |
|---|---|
| Enterprise Investment | 6-9 months |
| Investment Fund | 6-9 months |
| REITs | 6-9 months |
| Endowment | 6-9 months |
Key Points to Remember
- No Residency Requirement: Although you must visit Ireland at least once a year, you are not required to live in Ireland.
- Pathway to Citizenship: After five years of continuous residency, you may apply for Irish citizenship.
- Investment Maintenance: The investment must be maintained for a minimum of three years to retain residency status.
Conclusion
The Ireland Investment Visa Program is a robust and flexible option for high-net-worth individuals seeking residency in a stable, economically vibrant EU country. With various investment streams tailored to different investor preferences, the program offers an attractive pathway to long-term residency and potential citizenship in Ireland. Whether through enterprise, fund, real estate, or philanthropic contributions, the Ireland Investment Visa Program provides a compelling opportunity to contribute to and benefit from Ireland’s economic growth.
Why Choose Globalvisanet?
Globalvisanet Overseas Careers stands out as our consultant , and our track record speaks for itself. We’ve successfully served our customers.
Explore the World with Globalvisanet:
- Visit Visa: Whether for leisure or business, embark on global travel with Globalvisanet.
- Study Visa: Unlock opportunities to study in globally recognized universities.
- Work Visa: Settle in the world’s best cities and pursue your career ambitions.
- Immigration: Your comprehensive solution for all visa and immigration requirements.
- Permanent Residence: Attain the status of Permanent Resident and enjoy exclusive benefits.
Tailored Services for Your Success:
- Profile Evaluation: We analyze your unique profile history, aligning it with visa eligibility criteria, and provide guidance on the appropriate visas to pursue.
- Resume Writing: Craft a standout resume tailored to meet the expectations of immigration authorities.
- Document Procurement: Assist in gathering essential documents required for visa applications.
- Professional Guidance: From interview training to language courses and crafting impactful resumes and cover letters, we offer comprehensive support.
- Dedicated Case Officer: Enjoy personalized assistance and a singular point of contact throughout the entire process.
- Post-Landing Services: Our support extends beyond visa approval, helping you settle comfortably in your new country with customized post-landing services.
Experience a seamless journey for all your visa needs with Globalvisanet – from profile evaluation and document preparation to post-visa settlement services. If you have questions about filing the AIPP application, reach out to us immediately. We are here to assist you in every possible way.
Here You Can See the Most Popular Countries for investment. Click the Country name: