Ireland is quickly becoming the top destination for investors looking to invest their way into citizenship and long-term residence in Europe. The Irish economy is growing, and the country is home to several start-ups, reputable global corporations, and fascinating innovations.
Ireland offers a high level of living, a strong educational system, and language benefits. It is the ideal location for businessmen and entrepreneurs to relocate and start up their enterprises in Europe because it has a flourishing economy and is a friendly nation.
The Hong Kong Ireland immigration consult services have made it simpler to become a resident in Ireland (IIP). Here is a thorough guide to help you understand how to work with an Ireland immigration investment agency.
Ireland Immigrant Investor Program (IIP): What is it?
To entice business people and investors from outside the European Economic Area (EEA) to invest and place their business interests in Ireland, the Irish government established the Immigrant Investor Program (IIP) in 2012. The program, commonly referred to as the Irish Golden Visa, enables qualified applicants to obtain permanent status in Ireland.
The Irish Golden Visa is expanding quickly today with investments totaling more than €800 million from its domestic investors. Its high success rate is mostly because there is no annual application cap. Investors are welcome to apply at any time for the Immigrant Investor Program.
How Can I Invest My Way Into Irish Residency?
IIP in Ireland is divided into four steps:
- Application
Before investing any money, you must first apply. This feature is favored by investors since it eliminates the requirement that they deposit money before being granted a residency visa.
- Due Diligence
Please be aware that all applications are subject to anti-money laundering, Know Your Client, Politically Exposed Persons, and sanction checks due diligence procedure. The officials are also sharing data following OECD standardized reporting guidelines.
- Investment
Following your accepted application, you move forward with an investment.
- Proof
Last but not least, you provide evidence that the investment was made.
Eligibility requirements
You may apply for Irish residence by investment if you meet the requirements listed below:
- You are not an EEA citizen.
- You don’t have any criminal history.
- You are valued at €2 million overall.
- You can demonstrate that you won’t need a loan to invest.
One of the top immigrant investor programs in the world is the Ireland Immigrant Investor Program. Low stay requirements, a path to citizenship after some time, and the tax structure are a few advantages that influence investors to choose the program.
