Ireland is famed for its welcoming hospitality. Currently, 11.6% of Ireland’s total population are non-Irish nationals, with almost every nation in the world represented, from Andorra to Zimbabwe; Afghanistan to Zambia.
But why do so many global citizens flock to Ireland? It could be its stunning natural beauty, the fantastic quality of life and the high standard of living. Or It could also be the Ireland’s incredible business benefits – low corporate tax rates and a GDP per capita of nearly USD 70,000 (higher than Singapore, Switzerland, the US and Germany).
Whatever the reasons for your interest in Ireland, its Immigrant Investor Program makes it easy to make the most of these benefits and live and work freely throughout the country.
In the North Atlantic Ocean, to the south and west of the United Kingdom, the Republic of Ireland (officially known as Ireland) comprises 26 of the 32 counties on the island of Ireland, with the other six making up Northern Island.
Ireland enjoys strong trade links and relations with its European neighbours including the United Kingdom, and with the US. Ireland is a member of the European Union (EU), the Council of Europe and the Organisation for Economic Co-operation and Development (OECD).
The country’s official languages are Irish and English and the local currency is the Euro.
Residing in Ireland offers a number of unique opportunities for those wishing to trade within the EU. The country also offers a host of lifestyle benefits, as it ranks well in the OECD Better Life Index for everything from education, health and environmental quality.
Benefits of Ireland’s Immigrant Investor Programme include:
Fast access to residency: The application process for the Irish Immigrant Investor Visa is incredibly fast. The whole process can take as little as three months.
Freedom to travel and trade: As a resident of Ireland, you’ll benefit from access to the Common Travel Area. This is an area of open borders between the UK and Republic of Ireland that allows for trade with minimal checks and restrictions, and free travel without the need for a passport – photo identification is the only requirement.
High quality of life: Ireland is famed for its high standard of living and quality of life. The OECD Better Life Index places Ireland 15th of all OECD countries, based on a broad range of factors including housing, income, security, community and education.
Business benefits: There’s a reason why Facebook, LinkedIn, Microsoft, Twitter, Apple and Google all have head offices in Ireland: it offers an incredible business environment. In 2018, Forbes listed Ireland as the 8th best country in the world for business, with a and a GDP per capita of nearly USD 70,000. Corporate tax is also low at 12.5%, and the country is home to a young and educated workforce – Ireland has the youngest population in Europe with one third under 25 years of age and almost half the population under the age of 34.
Minimal residency requirement: Investors are not required to reside in Ireland and are only required to visit the country for one day per year.
Long-term residency option: After this, the visa can be renewed every five years without limit – even after the investment period is closed and your money is returned.
Freedom and security for you and your family:Ireland’s Immigrant Investor Visa extends to your family too. Application is available to spouses and partners and any dependant children under the age of 24.
Access to world class education:Your family can also make use of Ireland’s education system – ranked among the top ten globally. The country’s capital, Dublin, is also home to the Royal College of Surgeons. Overall, Irish universities are in the top 1% of research institutions in the world in terms of research impact. Globally, the country’s universities rank 2nd for Chemistry, and Nanotechnology, 3rd for Animal and Dairy, and Agricultural Sciences, and fourth 4th for Mathematics.
Ireland’s Immigrant Investor Visa application process is incredibly simple and consists of just four steps:
Apply: Submit your completed investor application, supporting documentation, and application fee to the Irish Diaspora Loan Fund (IDLF).
Approve: Providing no further information is required, the Department of Justice will process your application within two months and issue a provisional letter of approval, subject to the IDLF minimum investment being made.
Invest: Make the minimum investment of EUR 1 million within one month of receiving your provisional approval. This sum is returned to you five years and six months from the date the investment is made.
Reside: You must visit Ireland in person to complete the Residency Permission process. The IDLF will meet you at Dublin Airport, and accompany you to your appointment with the Department of Justice where you will receive your visa stamp.