If you have any further queries contact us. The Immigrant Investor Programme is open to non-EEA nationals and their families who commit to an approved investment in Ireland. The Irish Immigrant Investor Program is internationally sought after, and with good reason: Ireland is one of the world’s safest, most stable democracies, boasting world-leading standards of living and a thriving, diversified economy. The Ireland Immigrant Investor Program was established in 2012 to allow wealthy individuals and families from outside the European Union to obtain residency in Ireland in exchange for making an approved investment in the Irish economy. Ireland’s Immigrant Investor Program is aimed at wealthy high net worth investors from outside the EU and EEA who are willing to invest in excess of one million into Ireland in return for five years (or more) of residency there for themselves and their family. Notice | COVID-19 update regarding application windows for the Immigrant Investor Programme. After the statutory period of time, this can lead to Irish citizenship through the ordinary mechanisms. The Irish investor visa scheme is 50% cheaper than UK tier 1 investor visa scheme which requires £2 million investment requirement. BENEFITS The program can be a perfect choice for high net worth individuals seeking to acquire permanent residency in Ireland. Immigrant Investor Programme (Golden Visa) The Immigrant Investor Programme (IIP) grants Irish residency through a Golden Visa to wealthy non-EEA nationals and their families when they commit to an approved investment in Ireland. The Irish Immigrant Investor Program grants European Residency within 6 months and offers a pathway to European Citizenship after 5 years. Your Passport - Issuing Country (required), Your Spouse's Passport - Issuing Country (required). Investing is straightforward and the tax system favors entrepreneurial business owners.. Immigrant Investor Programme (IIP) Wednesday, June 14, 2017. The Immigrant Investor Programme (IIP) is open to non-EEA nationals who commit to an approved investment in Ireland. The Immigrant Investor Program (IIP) is open to non-EEA nationals who commit to an approved investment in Ireland. Irish Immigrant Investor Programme (IIP) The purpose of the Immigrant Investor Programme is to enable non-EEA nationals and their families who commit to an approved investment in Ireland to acquire a secure residency status in Ireland. The Immigrant Investor Programme (IIP) is open to non-EEA nationals who commit to an approved investment in Ireland. A Hong Kong group applied for the Irish Immigrant Investor Programme, by investing in a EUR 40 Million meat processing plant in Offaly Ireland. The Immigrant Investor Programme provides a range of investment options which allows approved non-EEA investors and their immediate family enter Ireland on multi-entry visas and remain here for up to 5 years with the possibility of ongoing renewal. Approved participants in the Programme and their immediate … How long does it take to apply for the Irish Immigrant Investor Program? The Immigrant Investor Programme requires a minimum investment of €1m, from the applicants own resources and not financed through a loan or other such facility, which must be committed for a minimum of three years. Investors should note that the Irish Government has no responsibility for the performance of an investment. The Ireland Golden Visa scheme, also know as the Ireland Immigrant Investor Programme , was introduced by the Irish Government in 2012 to encourage inward investment for the creation of business and employment opportunities, while in turn offering residency to business professionals with a proven record of success.The programme gives great opportunity to … Following stakeholder feedback applications windows will no-longer apply and applications for the Immigrant Investor Programme may be submitted at any time. Our team has the experience and vision to get your application approved. Immigrant Investor Programme (IIP) The Irish Immigrant Investor Programme (“IIP”) facilitates non-EEA nationals and their families who commit to an approved investment in Ireland to acquire residency status in Ireland. Ireland Immigrant Investor Program 2021: Ultimate Guide. Irish Investor VisasIrish Residency by InvestmentThe Irish investment-based immigration program is one of the newest programs in the world, as it was only just approved by the Irish government in January 2012. To these wealthy families, Ireland appeals particular in terms of its political stability, attractive taxation and the quality of its educational institutions. Investments are a private matter between the parties concerned and it is the responsibility of the investor, as in any business decision, to assess the potential success of their venture. The Ireland Immigrant Investor Program is officially a residency program, however, after 5 years, if the appropriate conditions are met, you can either apply for Irish permanent residence or qualify for Irish citizenship. Which countries’ nationals are eligible to apply for the Irish IIP? To gain Irish long-term residency, investors are required to make a minimum investment of €1 million for a period of 5 years, however an €500,000 endowment (donation) based option is available as well. Immigrant Investor Programme - Guidelines for Applicants, Immigrant Investor Programme - Guidelines for Funds, Immigrant Investor Programme - Terms of Reference for External Review, Immigrant Investor Programme - Business Plan - Executive Summary, Immigrant Investor Programme - Business Plan - Sample Template, Immigrant Investor Programme - Application Form, Information about the Start-up Entrepreneur Programme (STEP) can be found on our new website, http://www.oecd.org/tax/automatic-exchange/common-reporting-standard/. Applicants must have a clean police record, and funds used to invest under the IIP cannot be borrowed from third parties. The Minister reserves the right to introduce revised Guidelines, in any manner deemed necessary to ensure the most effective, accountable and transparent operation of the Immigrant Investor Programme. The Irish Government created the Immigrant Investor Programme to facilitate … What are the benefits of the Ireland Immigrant Investor Program (Ireland IIP)? the provision of in-depth independent due diligence report and where required documents that are apostilled or dually legalised by the relevant authorities. The IIP is a key initiative by which the Irish government seeks to attract foreign direct investment into Ireland on the promise of secure and flexible residency status for the investor and his or her family. Golden visa in Ireland – The Irish Immigrant Investor Programme. The program offers around 5 application windows per year, and the client due diligence and vetting process takes approximately 6 months to complete. The fact that English is Ireland’s lingua franca is also proving to be a decisive factor in terms of its appeal as a second citizenship destination. Immigration Service Delivery (ISD) wish to state that under no circumstances will a loan provided to the applicant for the purpose of making an IIP application be considered an appropriate source of funding. The Irish State has rejected dozens of applications for the country’s Investor Immigrant Programme after discovering that applicants had used loans Editor's Picks Europe Intel & Data 3 Countries Make up 84% of Europe’s €5bn-a-Year Golden Visa Market The Ireland Investor Immigrant Program does not open the doors for Irish Citizenship; however, long term residency in the country may give you an edge over your citizenship application. The Irish Immigrant Investor Programme (“IIP”) facilitates non-EEA nationals and their families who commit to an approved investment in Ireland to acquire residency status in Ireland (and in certain circumstances, Irish citizenship). STEP 4: … Investors should note that the Irish Government has no responsibility for the performance of an investment. Approval of an application under the Immigrant Investor programme is not an endorsement of a particular project. What are the approved investment sectors for the Irish IIP? What are the process steps to apply for Irish Residency By Investment? The Irish Golden visa scheme known as The Immigrant Investor Programme (IIP) was set up by the Irish Government in 2012 to offer Irish Residency to foreign nationals who make a qualifying investment. The Immigrant Investor Programme is open to non-EEA nationals and their families who commit to an approved investment in Ireland. Applications for the State’s Immigrant Investor Programme, from mainly Chinese multimillionaires, have now exceeded 1,200, the latest figures show. Ireland Irish Immigrant Investor Programme The Irish Immigrant Investor Programme grants European Residency within 6 months and offers a pathway to European Citizenship after 5 years. Home » Irish Immigrant Investor Visa Program. When is the next application intake window for the Ireland Immigrant Investor Program? The Immigrant Investor Programme requires a minimum investment of €1m, from the applicants own resources and not financed through a loan or other such facility, which must be committed for a minimum of three years. ireland immigrant investor The Ireland residence by investment program was first introduced in 2012. As part of the IIP application Process, ISD will undertake a comprehensive examination of the sources of proposed funding and will require significant supporting documentation attesting to the source of the funds and appropriate independent verification of said documentation from suitably qualified legal advisors in the relevant jurisdictions. In addition, eligible funds must have a minimum of €20 million under management. The Irish Residency by Investment program offers outstanding health and lifestyle benefitsoutstanding health and lifestyle Chinese citizens accounted for 1,088 individual investors in the Republic from a total of 1,166 since the start of the Immigrant Investor Programme. Funds have to be venture capital or private equity based, with a focus on small and medium sized business enterprises. While the program, since inception, has been popular among wealthy Chinese and Russian investors, it has also garnered significant traction among investors from countries such as South Africa the United States and the Middle East. The Immigrant Investor Program requires a minimum investment of 1 million euro, from the applicants own resources and not financed through a … Once European Citizenship is granted, citizens enjoy visa-free access to 185 countries and the right to live, work and study in any EU country. Among its key attractions are its relatively low investment requirement (€1m), the low residency requirement (one day per year) and the speed at which it is processed (6 months). It is therefore vital that investors do their own due diligence and consult a suitably qualified legal expert with view to identify the most appropriate investment instrument. All persons engaged in the IIP process should familiarise themselves with the contents of this guide. It now receives hundreds of applications every year. LIMTED 0% FEE IDLF INVESTMENTS AVAILABLE – CALL NOW. It took time for the program to pick up, but since 2016 it has experienced a boom, with more than a thousand applicants getting approved each year. Portugal and Spain, however, have also reported an uptick in interest from Hong Kong, given the lower price points on their real estate based investment residency offerings. Under the IIP, prospective investors file an application with the Irish authorities before they are allowed to make an investment. Fóla Private Partners works with Immigrant Investors who wish to make qualifying investments into Ireland and obtain residency rights under the Irish Immigrant Investor Programme. About half of all applications to finance the Irish Diaspora Loan Fund, a new immigrant investment programme requiring a minimum investment of €500,000, are from rich Russians, reported by IrishTimes. In the interim, applicants and sponsors should be aware that the Department of Justice and Equality is enhancing the due diligence processes including: Additionally, we are engaging in data sharing with the Revenue Commissioners in accordance with the OECD common reporting standards (http://www.oecd.org/tax/automatic-exchange/common-reporting-standard/). Irish Immigrant Investor Program. A key feature of the Irish programme is that the investment is only required to be made after your application has been approved. It is important to note that a key criterion is that funds possess the potential to create new jobs; Moreover, the Irish Naturalisation and Immigration Services is not equipped or authorized to advise prospective investors on which funds to invest in, and a fund being pre-approved in no way guarantees its financial performance. 2020. 2020, What are the requirements of the Ireland IIP? On 24 February 2020, the Irish Ministry for Justice, Equality and Defence announced the launch dates for two new investment residency programmes. In order to qualify as an investment vehicle under the IIP, an investment fund must have been pre-approved by Immigration Ireland. Under the Irish Immigrant Investor Programme, non-EEA nationals, and their dependents (spouse and children under 24), who make an approved investment in the country, may obtain a temporary residence permit, renewable. Since inception, the IIP had seen capital investments in excess of €700 million flow to Ireland, off a total of 1,000 applications – mostly from Chinese high net worth individuals seeking to establish a footprint in Europe. IRISH Immigrant Investor Programme Ireland introduced its original investor visa programme in 2012. Deal directly with the Irish Diaspora Loan Fund team - no middlemen. The process is very straight forward and the approval time currently takes between 4 and 6 months. IDLF Applications from the USA have increased. If an applicant seeks to rely on loaned funds for the purposes of an IIP application, the application will be refused. In addition, Irish investment residency can lead to Irish citizenship through regular naturalisation after permanent, in-country residency has been maintained for a period of 5 years or longer. What it means is that the investor has been approved and the investment is of a nature that meets the objectives of the Immigrant Investor Programme. Immigrant Investor Programme – Irish Citizenship Following the successful completion of the Immigrant Investor Programme application process and after an applicant has been resident in Ireland for a period of four of the preceding eight years, been continually resident in Ireland for twelve months prior to an application, a successful applicant can seek Irish citizenship under … The Irish Government has introduced two major new immigration initiatives aimed at facilitating (non-EEA) migrant entrepreneurs and investors who in return for permission to reside in the State are prepared to invest in Ireland for the purposes of saving or creating jobs. Another key requirement of the programme is that investors must have a legally acquired minimum net worth of €2 million. Evaluation Committee meetings will continue to take place at least once a quarter, with the next Committee meeting taking place in late June, followed by September and December. The Irish Immigrant Investor Programme was introduced in 2012 in the aftermath of the economic crash but has only taken off in recent years. Initially rejected, they are to make a second application to the Immigrant Investor Programme. These initiatives are known as: The Immigrant Investor Programme The investment must be good for Ireland, good for jobs and in the public interest. The ongoing political crisis in Hong Kong has led to a spike in enquiries from Hong Kong nationals seeking to safeguard their families and business interests against state overreach by the Chinese government. Gain Irish Residency in 6 months - let us do the heavy lifting. The IIP is designed to encourage investors and business professionals from outside the Approved participants in the Programme and their immediate family members will be granted rights of residence in Ireland which will allow them to enter the State on multi-entry visas and to remain here for a defined period but with the … The Immigrant Investor Programme (IIP) was introduced by the Irish Government in 2012 to encourage inward investment for the creation of business and employment opportunities in the State. STEP 3: Receive an approval letter and make the eligible investment within 3 months (90 days).. Ireland Immigrant Investor Program 2021 STEP 1: Submit your application to ISD without making the investment.. Another key drawcard for the program is the fact that investors only have to spend 1 day per year in Ireland to maintain their residency status, making it an excellent “Plan B” destination. Each application will be examined on its merits in a qualitative examination by an independent interdepartmental committee. It was enhanced in 2013 and it now offers the opportunity for applicants from outside the European Union to gain Irish Residency through investing a minimum €1.0 million in an Approved Investment Fund. The fund, as well as the fund managers, must be regulated by the Irish Central Bank, and only experienced find managers with a proven track record of success are approved. Irish Immigrant Investor Programme The Irish Immigrant Investor Programme is a very advantageous route to EU residency. Irish Immigrant Investor Programme - Project Approval and Successful Cases For approved projects under the IIP, our Irish Project Company (FitzWilliam Group) has a 100% success rate with the Irish Naturalisation & Immigration Service. The Irish Immigrant Investor Programme is open to non-EEA nationals and their families who commit to an approved investment in Ireland. While the program doesn’t offer a direct route to permanent residency, the Stamp 4 visa offers residency equivalent privileges, and can be renewed indefinitely provided that the investor remains financially stable and of good standing – even after the initial investment period has passed and their capital has been returned. Trust the Immigrant Investor Program Experts. Approved participants in the Programme and their immediate family members will be granted rights of residence in Ireland which will allow them to enter the State on multi-entry Irish visas and to remain here for a defined period but with the … Applicants and Agents are reminded of the importance of submitting complete applications i.e. As of 15 April, the Immigrant Investor Programme and Irish Startup Entrepreneur Visa Programme will be accepting applications from foreign investors and startup founders. 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