Ireland Golden Visa Closure
*** The government announced the closure of Ireland’s Golden Visa programme on 14 February 2023. There is now a window of opportunity for several existing projects over the next few months for investors and applicants. However interested parties will need to contact us very soon as the preparation of an application can take 6-8 weeks.***
Ireland Golden Visa Overview
Ireland introduced its original investor visa programme in 2012, which is officially known as Ireland’s Immigrant Investor Programme (IIP). The programme 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 Irish golden visa programme was made available to stimulate investment in Ireland and offer residency to dynamic business professionals with a proven record of success. This is an ideal programme for High-Net-Worth families seeking residency in Europe and will be particularly attractive to businessmen, entrepreneurs and those seeking a top level of education for their children at world class universities.
Ireland Golden Visa Benefits
The Irish Immigrant Investor Programme (IIIP) has many benefits and is particularly attractive to those who may be considering relocating to Ireland due to its booming economy, career, and education opportunities. Ireland is ranked as one of the top ten wealthiest countries in the world, in terms of GDP per capita.
Investors can gain a €50,000 reduction in the amount needed for investment if they have children who wish to attend university in Ireland. The benefits of a full education in Ireland are attractive. English speaking and offering some of the best universities in Europe, Ireland offers unique opportunities for students and for graduates. Two of the top four universities in Europe for educating entrepreneurs are based in Dublin, namely Trinity College and University College Dublin. In addition due to its access to the EU market, graduates are welcomed by many of the world’s top companies with headquarters in Ireland. They include the likes of Google, Facebook, Intel, Twitter, Citi, Huawei, Pfizer, Takeda, Novartis, Trend Micro and Fujitsu.
Key Benefits:
- Irish Residency with a route to citizenship
- Education incentive for Golden Visa investors
- Part of the Common Travel Area agreement with the UK
- Live, work, study in Ireland, if you wish, but no minimum stay
- Part of the EU
- English speaking country
Citizenship by investment in Ireland
Ireland does not have a direct Citizenship by Investment programme, but following five years of full-time residency in Ireland, investors will have the opportunity to apply for Irish citizenship and an Irish EU passport, in line with Ireland’s citizenship laws. Once Irish citizenship has been granted, the holder will gain the ability to reside, work or study in any of the other EU member countries with no additional visa required. Ireland also holds a Common Travel Area agreement with the UK, giving Irish citizens the right to move freely throughout the UK.
Ireland’s passport is one of the strongest in the world and Irish passport holders can enjoy visa-free access to 199 countries and territories worldwide.
If citizenship in an EU country is your ultimate goal, but you are unable to reside in Ireland for five years, then investors are advised to consider the Portugal Golden Visa programme as an alternative.
Benefits
- From €1,000,000 + costs
- Fund Investment
- Full family
- Flexible. 1 Day minimum stay.
- Superb Education Choice
Due Diligence Requirements
All applicants will need to be of good character and undergo the Ireland government’s due diligence formalities. Investors must provide:
- Minimum investment of €1,000,000
- Police Reports – evidence of a clean criminal record
- Demonstrate a net worth of €2,000,000
- Full family residency, Dependent children ,Dependent family members
- 1 day minimum stay requirement , No interview , No language test
- Demonstrate a net worth of €2,000,000
- Residency in EU country, EU Schengen zone travel, Citizenship 5yr+ residency
Investment Requirements for Ireland’s Golden Visa
Applicants must make a minimum investment of €1,000,000 into an approved fund which will be held for a minimum of 3-5 years. The process to obtain Ireland’s Residency Visa is relatively straightforward and quick. Applicants need to be non–EEA residents and have:
- A clean criminal record
- Sufficient funds and healthcare to cover their stay
- No previous visa refusals
- Demonstrate a net worth of €2,000,000
How to Apply for The Golden Visa in Ireland
Book your free consultation with Universal investment visa’s team of experts to discuss and decide which programme and investment route is best suited to you and your family. Our experienced consultants will run through all your objectives and requirements and advise and guide you through the entire process in detail.
For your peace of mind, before you commit, Universal Investment Visa will run a pre-application background check to ensure your application for Ireland is likely to be successful. Once this has been completed and you are happy to proceed, you can formally initiate the process by signing our Client Facilitator agreement and paying the pre-application deposit.
Universal investment visa’s professional team will work with you to prepare the application. When your application is completely prepared and ready to be submitted the first payment (legal and processing and application fees) should be paid. Following approval from Ireland’s Evaluation Committee and the Minister for Justice and Equality, the fund investment will then be required.
Once the investment is officially confirmed, successful applicants will be granted an initial two-year residency visa in Ireland together with any eligible family members that were included in the application. Applicants will need to visit Ireland prior to their two-year renewal to register their permission on the application.
- Step 1
- Step 2
- Step 3
- Step 4
Ireland Residency By Investment – APPROVED FUND
The fund is a low-risk investment fund authorised and regulated by the Central Bank of Ireland. It offers the opportunity for foreign investors to invest in Ireland in return for long term residency status.
The two key objectives of the fund are:
1. Ensure maximum protection of investor funds through a conservative, low risk loan investment policy
2. Issue innovative finance to a portfolio of Irish hotels which will each increase employment levels through the lifetime of the fund
This is an asset backed mutualised debt fund which offers a very secure option for investors seeking access to the Irish Investor Visa Programme.