Ireland IIP
Ireland Immigrant Investor Programme (IIP)
As an immigration option without the need for relocation, Irish investment immigration is the best choice for obtaining permanent residency abroad. With minimal residency requirements, permanent residency can be obtained directly through investment. Applicants only need to stay in Ireland for one day per year to maintain their permanent residency.
For individuals who have stable jobs or businesses overseas and currently have no plans to relocate, but still wish to obtain EU citizenship for themselves and their families, this is a good option. In the past year, there have been significant changes to the Irish investment immigration visa, and we currently have a limited number of remaining slots available for qualified projects. If you are still considering applying, please feel free to contact us for more information.
Visa Advantages
The Irish IIP Scheme allows you and your family to enjoy the following rights :
- Live, work, and study in Ireland
- Residency requires only 1 day in Ireland per year to maintain PR status
- Only require to invest after receiving the pre-approval letter
- Free access to state primary and secondary schools in Ireland. Entitled to enjoy tuition fees as an EU student at a university after residing for 3 years
- No tax implications for non-habitual resident, overseas income will not be taxed.
- Apply for Irish citizenship after 5 years and obtain EU passport
- Freely reside, study and work in 27 EU countries after obtaining Irish citizenship
- Freely reside, study and work in the UK after obtaining Irish citizenship
Legal Requirements
The Immigrant Investor Programme (IIP) offers a residency status in Ireland for high net-worth individuals who wish to invest in Ireland.
Eligible Applicants
- Main applicant must be over 18 years old
- Dependent Spouse/Partner and children under 18 years of age
- Adult dependent children between the ages of 18-24, unmarried and in full time education
Financial Requirements
In order to qualify for the IIP, the applicant must have a minimum net worth of €2million and provide the details of source of funds. It can be in the form of property, investments, cash and so forth.
Residency Requirements
- For Permanent Residency
- both applicant and dependents must have spent at least 1 day per calendar year in Ireland.
- For Irish Citizenship (Passport)
- Live in Ireland legally for 5 years out of the last 9 years before citizenship application for naturalisation
- Have 1 year continuous reckonable residence in the before the date of your application
- During the 8 years before that, have had a total reckonable residence in the State of 1,460 days* (4 years) and not absence for more than 70 days in each reckonable year
Ireland Video Series
IIP Eligible Projects
- Endowment project
- Community & Recreation Centre
- Location: Boyne Village
- Donation amount: EUR 400,000
- The endowment funds will be used for constructing a community and recreation centre for the local community.
- Enterprise Investment project
- Primary Care Centre
- Location: Navan, Co. Meath
- Investment amount: EUR 1M
- This development site has obtained Irish government’s planning permission, it will be building a 6th Floor Primary Care Centre and leased to the Irish Government on a long term lease.
Visa application process
Investment Completion: Investor assigns an independent lawyer in Ireland to complete the investment within 90 days from the date of approval letter
Full Approval: Once the investment is completed, the INIS will issue the “Full Approval Letter” to the Investor
Landing in Ireland: Travel to Ireland to attend the INIS HQ to obtain the residency card (Stamp 4)
IIP renewal: At Year 2, renew the residency care for another 3 years
Frequently Asked Questions
The Irish government has announced the cancellation of the Immigrant Investor Program (IIP) on 14 February 2023, but applications for approved projects can be accepted as long as there are still available places. Currently, we still have limited number of spaces for both endowment and enterprise investment projects. If you are still considering applying, please contact us for more information.
Their immigration permission remains valid and will be renewable in the normal manner for those who have been approved and completed their investment.
Yes, it is open to you to complete your investment within the 90 days. An approval letter will issue once evidence of the investment is submitted to the IIP unit. It should be noted that no extensions will be granted at pre-approval stage.
We will provide comprehensive guidance and support throughout the entire IIP process. This includes assisting you in selecting eligible IIP project, handling the filing of the IIP application, and acting as a liaison with the Irish lawyer on your behalf. We will also ensure continuous follow-up on the entire process, from the initial application to the visa renewal at Year 2 and 5. Our commitment is to support you every step of the way, providing you with personalized assistance and guidance throughout the journey.
Based on the CTA arrangement between the UK and Ireland, Irish and UK citizens can live in either country and enjoy associated rights and privileges, including:
- Access to social benefits
- Access to healthcare
- Access to social housing supports
- The right to vote in certain elections
