Ireland ~ Immigrant Investor Program
Time to Permanent Residency: 5 Years ~ Time to Citizenship: 8 Years
Under the Irish Immigrant Investor Program, non-EEA nationals, and their dependents (spouse and children under 24), who make an approved investment in the country, may obtain a temporary residence permit, renewable.
Each application will be examined on its merits in a qualitative examination by an independent interdepartmental committee. The funds invested have to be legally acquired and owned by the investor (not borrowed).
The Immigrant Investor Program is a pathway for non-EEA nationals to secure immigration permission to Ireland on the basis of long-term investment of a sum of money in an approved project.
The program was introduced by the Irish Government in 2012 to encourage inward investment for the creation of business and employment opportunities in Ireland. The program is designed to encourage investors and business professionals from outside the European Economic Area to avail of opportunities of investing and locating their business interests in Ireland and acquire a secure residency status in Ireland.
Investors must be high net worth individuals with a personal wealth of at least €2 million. The program requires applicants to invest a minimum of €1 million for a minimum of three years. The funds used for an investment must be from the applicant’s own resources and not financed through a loan or other such facility.
Investment
The program offers four investment options for potential investors:
- Enterprise Investment: A minimum of €1 million invested in an Irish enterprise for a period of at least three years
- Investment Fund: A minimum of €1 million invested in an approved investment fund for a period of at least 3 years. Such funds must be approved & regulated by the Central Bank
- Real Estate Investment Trusts: A minimum investment of €2 million in any Irish REIT that is listed on the Irish Stock Exchange, for a period of at least three years
- Endowment: A minimum €500,000 (or €400,000 where 5 or more applications are received) philanthropic donation to a project which is of public benefit to the arts, sports, health, culture or education in Ireland.
Requirements
You may apply to become an investor in the program if:
- You are a person of good character
- You have not been convicted of a criminal offence in any jurisdiction
- You have a minimum net worth of €2 million
- You have an interest in investing in one of the four eligible investment options mentioned above.
Documents Required
Original and photocopy of passport- Two passport-size photos
- Original or Certified copy of Birth Certificate (if applicable)
- Original or Certified copy of Marriage Certificate (if applicable)
- Evidence of funds available
- Proof of net wealth
- Statement of Source of Funds
- Original Police Clearance Certificate
- Receipt of payment of fees
