Situated in the North Atlantic, Ireland is part of Great Britain and the third largest island in Europe. Its lush vegetation is a product of its mild but changeable climate which is free of extremes in temperature.
Whilst tourism is a major income source for Ireland - thanks in large to its beautiful landscape, famous poets and Celtic music, horse racing, Guinness and rich cultural history - the region also benefits from a variety of other business opportunities and investments.
Recently, economic growth has been focused on services such as IT, life sciences, financial services and agribusiness including agri-foods.
Ireland is an open economy, and ranks first for high-value foreign direct investment flows. In addition the economy has witnessed ventures into the renewable energy industries.
The Ireland Immigrant Investor Programme allows non-EU nationals and their families, to commit to an approved investment in Ireland in return for permanent residency.
The programme provides a temporary residence permit, which can be extended after the initial grant of 2 years, to 5. Following 8 years of investment, an application can be made for citizenship.
The applicant must have been resident for at least 12 months immediately prior to the submission, and for 4 of the last 8 years.
No purchase of real estate is required.
An investment of 1,000,000 EUR with an enterprise or investment fund approved by the Central Bank for a period of 3 years.
An investment of 2,000,000 EUR in any listed Irish Real Estate Investment Trust for at least 3 years.
A donation of 500,000 EUR can be made towards funds which will benefit the arts, sport, health, culture or education in the country.
The investment must be retained for at least 3 years, after which time - depending on the original option chosen - some of the investment can be withdrawn.