Located in Western Europe in a strategic position on major air and sea routes between North America and Northern Europe, Ireland is poetically named the ‘Emerald Isle’ for its lush landscapes and rich vegetation. A member of the EU since 1973, Ireland has one of Europe’s fastest growing economies. The country ranks among the top five most developed nations on the UN’s Human Development Index, and its economy holds 3rd position on the 2023 Index of Economic Freedom. The Ireland Residence by Investment Program was introduced by the Irish government in 2012 to encourage foreign direct investment into the country.
IRELAND
((Residency by Investment Program))
VISA FREE DESTINATIONS:
192
PASSPORT INDEX RANK:
3rd
OVERVIEW:
PROCEDURE:
Applications must include completed application forms and should be accompanied by the appropriate fees and supporting documents, including proof of net worth and a plan detailing the investment. Successful applicants can add members of their nuclear families to their permits at no extra cost. The initial investor visa is valid for two years and can be renewed thereafter. This program will close in December 2023.
MINIMUM CAPITAL REQUIREMENT:
Minimum investment of EUR 1 million
MAIN APPLICANT REQUIREMENTS:
- Proof of the source of funds (from personal resources; investments financed from loans will not be accepted).
- Statement of character from police authorities, with no criminal convictions.
- Evidence of a minimum net worth of EUR 2 million.
Applicants are also required to make the following investment:
- EUR 1 million into an approved investment fund, held for three
years.
PROCESSING TIME:
9- 12 months
KEY BENEFITS:
- Unlimited access to and the opportunity to live, work, and study in Ireland.
- Residence status in an EU country with an excellent quality of life
- Residence applicable to the whole family including the main applicant’s legal spouse, children under 18 years old, and unmarried, financially dependent children between 18 and 24 years.
- Sophisticated, transparent, and well-regulated international financial center.
- No minimum physical presence in Ireland needed to maintain residence status.
- Eligibility for Irish citizenship possible after five years of residence, facilitating access to over 180 destinations worldwide.
