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Four reasons you’ll love the Irish Permanent Residency Programme

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December 11, 2018

Four reasons you’ll love the Irish Permanent Residency Programme

Four reasons you’ll love the Irish Permanent Residency Programme
rihab saad

Author:

Rihab Saad

General Manager

Next Generation Equity

The Irish Permanent Residency Programme is one of the most popular residency-by-investment programmes in the world – for four very good reasons.

If you want to make more money in business, unlock better opportunities for your children, guarantee the safety of your family or protect your wealth against excessive taxation… read on.

1. You can seize powerful preferential trade conditions

The Irish Permanent Residency Programme allows you to set-up an Irish business, and enjoy more profitable trade across Europe and worldwide.

The neighbouring UK’s turbulent Brexit negotiations are all over the world news, but Ireland is still firmly in the EU. That matters because EU members enjoy free movement of goods, services, money and people amongst all 28 member states.

From a business perspective, that’s a huge opportunity because it means company owners in Ireland can trade freely across Europe. No red tape. No restrictions, so long as products meet EU standards. No costly delays and frustrating bureaucracy.

Just business, across the world’s biggest economy.

And it also means Irish company owners enjoy preferential terms with the rest of the world. The EU has the weight of 28 members behind its negotiations (27 after Brexit), so it has been able to secure the best possible trade terms with many countries globally.

The Irish Permanent Residency programme is your way into this powerful trading group. Secure Irish permanent residency through the programme and you’re granted a permit under ‘Stamp 4’ conditions. This means you can work, study and live in Ireland permanently but, even better, it means you can start your own business in Ireland.

The Irish Permanent Residency programme is your way into this powerful trading group.

You simply need to appoint an EU citizen as a company director, or pay a €25,000 bond to the Irish government in order to enjoy the preferential conditions.

If you don’t actually want to live in Ireland, you can still secure residency by demonstrating that your business benefits the Irish economy – through employment, for example. You can then set-up and run your company remotely, enjoying better trade conditions with minimal disruption to your everyday life.

2. Your children enjoy world-leading education opportunities

Irish Permanent Residency means your children can easily enrol in leading schools and universities in Ireland – and tuition fees are potentially waived.

Ireland has more than half a million expats, representing almost every country in the world. That’s nearly 12% of the Irish population. One of the biggest reasons for that is the standard of Irish education.

Consider the Organisation for Economic Co-operation and Development (OECD) Better Life Index, for instance. The Index measures and compares the 36 OECD member countries across a number of areas like housing, jobs, community, health, life satisfaction and education.

Ireland ranks above average even amongst this select group – which includes many exceptionally well-developed European countries like Germany, Finland, Demark, Iceland, Switzerland and Norway. Education is one of the keys to Ireland’s high rating, with some excellent state-run and fee-paying schools. Ireland is also a world leader in higher education, investing more than EUR 782 million annually in the sector.

Ireland ranks above average even amongst this select group – which includes many exceptionally well-developed European countries like Germany, Finland, Demark, Iceland, Switzerland and Norway.

If you secure Irish permanent residency, you and your family members can freely live, work and study in Ireland. For your children, that means they can easily take advantage of Ireland’s forward-thinking education system – from primary to university. Some of the best universities in the world are in Ireland, like Trinity College Dublin.

3. You’ll have a secure and peaceful second home

Irish Permanent Residency gives you total peace of mind that you’ve got a refuge if you ever need it. You’ll feel safe and secure in Ireland.

You needn’t actually live in Ireland to maintain your residency – but you certainly can. And the number of expats in Ireland prove you’d be in very good company.

The thing is, political and economic turmoil is an unfortunate reality in many countries. If your current passport is restrictive, you might worry you won’t be able to easily leave your home country if you need to.

The Irish Permanent Residency Programme gives you that option, because it means you can always come to Ireland. Whenever you choose, with no notice.

And once you’re here, you can stay for as long as you like. Wherever in the country you like. With your family. Where you’ll enjoy the security and safety of a peaceful nation that ranks an incredible 10th in the Global Peace Index 2018.

Where you’ll enjoy the security and safety of a peaceful nation that ranks an incredible 10th in the Global Peace Index 2018.

If you worry about things like you and your family’s security, the peace of mind you get with the Irish Permanent Residency Programme is well-worth the investment.

4. You’ll pay very little tax compared to elsewhere in Europe

Irish Permanent Residency gives you total peace of mind that you’ve got a refuge if you ever need it. You’ll feel safe and secure in Ireland.

When you think about global business, the likes of Germany, Japan, Singapore and the US probably leap out ahead of Ireland. But Ireland actually beats them all, coming 8th on Forbes’ Best Countries for Business 2018. Ireland has had the fastest growing economy in Europe for the last four years and is on target again for this year.

One large contributor to Ireland’s growth has been the country’s excellent tax landscape. Ireland ranks 4th globally for tax burden, to give some context.  Ireland is considered one of the world’s greatest tax destinations for business owners, thanks to its very attractive 12.5% corporate tax rate.

If you become an Irish permanent resident, you can set up a company in Ireland and take advantage of these preferential rates. For businesspeople, this could be exponentially beneficial, depending on your home tax situation.

Irish permanent residency unlocks better trade, and a brighter future – for you and your family. And securing your place in this peaceful, prosperous nation couldn’t be simpler, through the popular Irish Permanent Residency Program.

Next Generation Equity is a world-class provider of second citizenship and residency programmes tailored to the individual needs of discerning clients across the globe. To learn more about our programmes, please sign up for a free consultation via the form below.

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