Ireland – Residency by Investment (Immigrant Investor programme) IIP

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. The IIP is designed to encourage investors and business professionals from outside the European Economic Area (EEA) to avail of opportunities of investing and locating their business interests in Ireland and acquire a secure residency status in Ireland.

Applicants must be high net worth individuals with a personal wealth of at least €2 million and have no criminal record.

Ireland – Residency by Investment (Immigrant Investor programme) IIP

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. The IIP is designed to encourage investors and business professionals from outside the European Economic Area (EEA) to avail of opportunities of investing and locating their business interests in Ireland and acquire a secure residency status in Ireland.

Applicants must be high net worth individuals with a personal wealth of at least €2 million and have no criminal record.

Eligibility Criteria

• Only non-EU citizens can apply
• High net worth individuals with a minimum personal net worth of €2 million
• Investors who are of good character and have not been convicted of criminal offences in any jurisdiction
• 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.

Dependants

• Spouse
• Dependants of 18 years of age and under and up to 24 if dependent is in full-time education and fully dependent on parents.

Investment Required

• Enterprise Investment: A minimum of €1 million invested in an Irish enterprise for a period of at least 3 years.
• Investment Fund: A minimum of €1 million invested in an approved investment fund for a period of at least 3 years. Such funds must be approved and regulated by the Central Bank.
• Real Estate Investment Trusts (REIT): A minimum investment of €2 million in any Irish REIT that is listed on the Irish Stock Exchange, for a period of at least 3 years.
• Endowment: A minimum €500,000 philanthropic donation to a project which is of public benefit to the arts, sports, health, culture or education in Ireland.

Benefits

• Ireland is a committed member of Europe
• No requirement to learn English
• Residency requirement only 1 day per year
• Full Stamp 4 visa provided for five years and renewed every five years, even after the investment period is closed and the investors’ money is returned
• Citizenship after 5 years if you have been physically resident in Ireland.

Why IDLF Investment fund

One of the safest and most secure options for Investors looking towards the Irish opportunity is the IDLF investment fund. This fund is regulated by the Central Bank of Ireland and was established to meet the needs of the Irish IIP. The IDLF fund is the only asset-backed debt fund available on the Irish market and so offers the investors the comfort of getting their funds returned after the term of the investment. IDLF has an impressive board of directors with senior executives from the banking and international finance sectors and includes a former Prime Minister of Ireland.

It offers the opportunity for non-EEA investors to invest in Ireland in return for long term residency status.

IDLF is an asset-backed mutualised debt fund which offers a very secure option for investors seeking to access the Irish Investor Visa Programme.