IRELAND IMMIGRATION BY INVESTMENT : IMMIGRANT INVESTOR PROGRAMME (IIP)
Ireland’s Immigration by Investment program is officially known as the Immigrant Investor Programme (IIP). It is designed to attract high-net-worth individuals and their families from outside the European Economic Area (EEA) who commit to investing in Ireland. It allows successful applicants and their families to reside in Ireland and eventually pursue citizenship if eligible.
Here’s a comprehensive breakdown of the procedure, investment options, costs, and processing time :
Eligibility Criteria
- Must be a non-EEA national.
- Legally acquired net worth of at least €2 million.
- Clean criminal record.
- Proof that investment funds are legally owned and controlled.
Investment Options Applicants must choose one of the following four options:
- Enterprise Investment
- Minimum: €1 million
- Investment in an Irish enterprise for at least 3 years.
- Must create or maintain jobs.
- Investment Fund
- Minimum: €1 million
- Invest in a Central Bank-approved investment fund.
- Held for a minimum of 3 years.
- Real Estate Investment Trust (REIT)
- Minimum: €2 million
- Investment across one or more Irish REITs listed on the Irish Stock Exchange.
- Partial withdrawal allowed after 3 years.
- Endowment
- Minimum: €500,000 (or €400,000 if pooled by 5+ investors)
- A philanthropic donation to Irish public benefit projects (arts, sports, health, education).
Application Process
- Preparation
- Work with a licensed immigration advisor or law firm.
- Collect required documentation (proof of funds, business plans, clean criminal record).
- Submission
- Apply during open intake windows announced by the Irish Department of Justice.
- Pay a non-refundable application fee of €1,500.
- Evaluation
- Application reviewed by INIS (Irish Naturalisation and Immigration Service).
- Due diligence and background checks.
- Approval in Principle
- If approved, a conditional approval letter is issued.
- Investment Execution
- Complete the approved investment within a defined time frame.
- Submit evidence of the investment.
- Residence Permit Issuance
- Receive a Stamp 4 residence permission (allows living and working in Ireland).
Processing Time
- Average timeline: 4 to 6 months from submission to decision.
Costs
- Investment amount: €500,000 to €2 million (depending on option chosen).
- Application fee: €1,500 (non-refundable).
- Legal and advisory fees: €10,000–€30,000 (varies by firm).
- Additional costs for translation, notarisation, and due diligence.
Family Members Included
- Spouse or civil partner
- Dependent children under 18 (and up to age 24 if in full-time education)
Residency & Citizenship Pathway
- Stamp 4 is renewable every 2 years.
- After 5 years of legal residency, you may apply for Irish citizenship (subject to physical residency requirements).
- The IIP requires only 1 day of residence per year to maintain status, making it ideal for investors not planning to relocate immediately.
🔒 8. Important Notes
- The IIP grants residency, not automatic citizenship.
- The programme is currently open, but may change based on government review or policy.
- You do not need to reside full-time in Ireland — only 1 day per year to maintain residency status.
For professional assistance in applying through Ireland’s IIP, SVESA offers expert guidance and legal support throughout the entire process.
Contact SVESA Today To explore your eligibility and get a personalized assessment, contact us at: [Insert contact info or link]