Irish Immigrant Investor Programme
If you are a non-EEA national who would like to invest funds in Ireland you may apply for the Irish Immigrant Investor Programme.
If you have immediate family members, they will be granted permission to remain in Ireland as well. Once approved, you will be granted residency in Ireland which will entitle you to multiple entries in the State. An initial permission will be granted for 2 years. Extension for further 3 years will be issued, provided the business is still operational and you are earning a living without being a burden on the State. It is not necessary for your business to be making profit after the 2 years, so that you can be issued an extension. After 5 years you will be free to apply for permanent residency.
You may even apply for Irish naturalization, provided that you meet the eligibility requirements. The Investor Programme does not require you to establish residency in Ireland, this is optional. The Immigrant Investment Programme is about rights of residence that you may exercise, depending on your business and family needs. If your Investor Programme is approved, however you do not plan to live in Ireland, you need to visit Ireland at least once in every 12 month period in order for your Investor Programme to remain valid.
Each application will be assessed by an independent interdepartmental committee. In order for your application to be approved, your investment has to be good for Ireland, to create new jobs and to be in the public interest. You have to own the funds you plan to invest. You will also need to show that they are legally acquired. Funds that have been borrowed would not be taken into account. You also have to be of good character to apply for the Investor Programme.
If you have immediate family members, they will be granted permission to remain in Ireland as well. Once approved, you will be granted residency in Ireland which will entitle you to multiple entries in the State. An initial permission will be granted for 2 years. Extension for further 3 years will be issued, provided the business is still operational and you are earning a living without being a burden on the State. It is not necessary for your business to be making profit after the 2 years, so that you can be issued an extension. After 5 years you will be free to apply for permanent residency.
You may even apply for Irish naturalization, provided that you meet the eligibility requirements. The Investor Programme does not require you to establish residency in Ireland, this is optional. The Immigrant Investment Programme is about rights of residence that you may exercise, depending on your business and family needs. If your Investor Programme is approved, however you do not plan to live in Ireland, you need to visit Ireland at least once in every 12 month period in order for your Investor Programme to remain valid.
Each application will be assessed by an independent interdepartmental committee. In order for your application to be approved, your investment has to be good for Ireland, to create new jobs and to be in the public interest. You have to own the funds you plan to invest. You will also need to show that they are legally acquired. Funds that have been borrowed would not be taken into account. You also have to be of good character to apply for the Investor Programme.
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