Ireland Residency by Investment
To support investment in Ireland and to enhance Ireland’s position as one of the world’s most globalized economies, the Irish Government have created the Immigrant Investor Program to facilitate investors and business professionals from outside of the EU to avail of the opportunities of investing and locating business interests in Ireland.
The Immigrant Investor Program (IIP) facilitates non-EEA nationals and their families who commit to an approved investment in Ireland to acquire a secure residency status in Ireland. IIP was established by the Irish Government in 2012 to stimulate productive investment in Ireland and to offer residency in Ireland with its associated advantages to dynamic business professionals with a proven record of success. The ultimate objective of IIP is job creation and facilitating further Irish economic development.
IIP was enhanced by the Irish Government in July 2013 and now offers six investment options to potential investors. Any non-EEA national may apply for residency for themselves and their spouse/ partner and children under the age of 18. Dependent children between the ages of 18 and 24 will also be considered in certain circumstances.
This is a great option for foreign investors who are looking for a more streamlined process in which they obtain an approval from the immigration office prior to making any investment.- Bassel Zoueiter