GOLDEN VISA

IMMIGRANT INVESTOR PROGRAMME (IIP) FOR IRISH RESIDENCY

 The Irish Immigrant Investor Programme (IIP) provides a range of investment options for high-net-worth individuals and their immediate families seeking to acquire permanent residency in Ireland and become eligible for Irish citizenship and an Irish passport.

The IIP was introduced and is supported by the Irish Government in 2012 to encourage inward investment into the country and is managed by Irish Naturalisation and Immigration Service (INIS), a department within the Department of Justice of the Irish Government.

INVESTMENT REQUIREMENTS

· Open to high-net-worth individuals who commit to an approved investment in Ireland

· Minimum investment of EUR 1 million in either a single Irish enterprise or spread over several enterprises

· Investment term of a minimum of three years

· Applicants’ own resources and not financed through a loan or other such facility

· Start-up established by the investor or an existing business registered in Ireland, with its headquarters located in the country

· Personal net worth of EUR 2 million or more

· No criminal record in any jurisdiction

 
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There is no requirement that the funds must be invested or committed prior to the approval of the application. You are only required to transfer the appropriate funds once your application has been approved by the Minister for Justice.

key benefits for high net worth individuals

 

EU residency & citizenship

· No residency requirements

· Only one day a year visit to Ireland required to keep the permit

· Eligibility to apply for permanent status and Irish citizenship after five years of full-time residency

Visa-free travel

· Global visa-free travel to 186 destinations

Global mobility

· Offshore and alternative residence and citizenship

· Form of insurance against political or economic turbulence

Powerful passport

· One of the most powerful passports in the world

· Ranks 6th in the world (Henley & Partners Passport Index 2021)

Family & wealth planning

· The entire family are eligible

· Spouses/civil partners and dependent children under 24

· Redistribution of assets and legacy planning

Education

· High standard of education and higher education

· Access to many prestigious universities at lower EU tuition fees

· Home to two of the top universities in Europe: Trinity College and University College Dublin

Irish economy

· Ranks amongst the top 10 wealthiest economies in the world, in terms of GDP per capita

· Fastest-growing European economy in 2019 (IMF)

· Open economy and open to foreign investment

· Strong pro-business environment with high ease of doing business ranking

· Committed member of the European Union and Eurozone

· Growth driven by a number of high-performing industries, including financial services, alcoholic beverages, aircraft rental, engineering, IT, pharmaceutics, and medical technologies, among others

· European headquarters for leading and high growth multinational organisations, such as Google, Apple, Microsoft, Pfizer and Citi

· Favourable tax regime, with corporate tax rates of 12.5% and tax treaties with 72 countries

· Only EU country where English is the official first language

· Young, highly educated and mobile workforce

Provenance spirits group can guide you in a wide range of investment opportunities, which are eligible for IIP, while also fitting your investment portfolio perfectly.

Sources of information

http://inis.gov.ie/en/INIS/Pages/New%20Programmes%20for%20Investors%20and%20Entrepreneurs

http://inis.gov.ie

www.irelandinvestorvisa.com

https://nomadcapitalist.com/2020/07/06/ireland-golden-visa

www.goldenvisas.com/benefits-ireland-immigrant-investor-programme

www.henleypassportindex.com/passport

www.bartrawealthadvisors.com/partnerships

www.astons.com/residency-by-investment/ireland