General program requirements

The IIP offers four investment options for potential investors who have a net worth of at least €2 million.

Enterprise Investment: €1 million invested in an Irish enterprise.

Investment Fund: €1 million invested in an approved investment fund. Such funds must be approved and regulated by the Central Bank.

Real Estate Investment Trusts: €2 million in any Irish REIT that is listed on the Irish Stock Exchange.

Endowment (Donation): €500,000 (or €400,000 where 5 or more investors combine their investment) philanthropic donation to a project which is of public benefit to the arts, sports, health, culture or education in Ireland.

All investment options must be held for a minimum of three years.

Dependents may include a spouse and children under the age of 18. It is possible to include unmarried children older than 18, who are wholly dependent on the primary applicant up to the age of 24.

Program benefits

• Increased visa-free travel;
• Freedom of movement (but not settlement) within Schengen;
• Path to citizenship;
• Minimal physical presence requirements;
• Permits dual/multiple citizenship;
• Safety and security;
• Enhanced education opportunities;
• Enhanced business access to large economies;
• English as official language

Requirements to qualify for citizenship

After two years of temporary residency, investors can have their Ireland residence permit renewed by submitting evidence that they have maintained their investment for the required holding period (depending on which investment track was selected). As long as the investor has maintained the investment, the residence permit can be extended for another three years.

If the investor has met the physical presence requirements after five years, he can apply for permanent residence and may sell the asset. He then would need to complete 12 months of uninterrupted stay in Ireland before applying for citizenship.

Applications for this program may be directed to:

Irish Naturalisation and Immigration Service (INIS) 

Legislation upon which this program is based:

S.I. No. 258/2012 – Immigration Act 2004 

See more statistics on this program, and dozens of others, in the IMI Data Center.

Why Irish IIP?
The Irish Immigrant Investor Programme (IIP) is supported by the Irish government and managed by INIS (http://inis.gov.ie), a department within the Department of Justice. The IIP offers fast approval times, with the investment only required to be made after approval.

In addition, Ireland has a well-developed education system and language advantages, very good standard of living, a rapidly developing economy and has become a new hot spot for relocation.

HNWIs can obtain residency without moving;
Approved first, invest later;
Fast approval in 4-6 months;
No language requirements, no interview, no medical check required;
No travel restriction, only one day residency per year required;

What are the IIP application requirements?

The main applicant must be at least 18 years old;
No international criminal record;
Net worth of two million euros;

What are the IIP investment requirements?

Minimum investment of one million euros;
Investment term of at least three years

Is there any requirement for my children to land in Ireland annually and at every visa extension if I register them?

No, the only people who need to fulfil the one-day requirement are dependants over 16 and the main applicant.

Has INIS set out preferred investment sectors?

Yes, Irish Naturalisation and Immigration Service (INIS) has set out a clear investment preference for Nursing Homes, Social Housing and Primary Care Centres.

Why did INIS identify these sectors?

Each delivers key social infrastructure in sectors where the Government wants the private sector to help address the current deficit in supply.