The Ireland Immigrant Investor Programme (IIP) allows non-EEA nationals and their families who commit to an approved investment in Ireland, to acquire permanent residency.
Applicants will be required to spend at least one day in Ireland every year, which means that the programme focuses on the acquisition of resident status, rather than actual physical residence. This allows for greater flexibility in meeting the needs of family and business.
Residency status is initially issued for 2 years then extended for an additional 3 years, after which, applicants may apply for permanent residency. Whilst the IIP does not provide for preferential access to citizenship, successful applicants may eventually apply for naturalisation through the normal procedures.
This programme does not allow direct investment in Real Estate;
A minimum of EUR 1 million invested in an Irish enterprise for a period of at least 3 years; or
A minimum of EUR 1 million invested in an investment fund, which is approved and regulated by the Central Bank. This investment must be held for a minimum of 3 years; or
A minimum investment of EUR 2 million in any Irish REIT that is listed on the Irish Stock Exchange, for a period of at least 3 years; or
A minimum EUR 500,000 philanthropic donation to a project which is of public benefit to the arts, sports, health, culture or education in Ireland;
Investment must be made within 90 days, after approval is received by the Minister of Justice and Equality;
Permission to reside in the State will be issued only after evidence has been provided that the investment has been made.