Overview
Immigrant Investor Programme (IIP)
The Immigrant Investor Programme 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 open to non-European Economic Area (EEA) nationals who commit to an approved investment in Ireland. The IIP requires a minimum investment of € 1million, from the applicants own resources and not financed through a loan or other such facility, which must be committed for a minimum of three years. Applicants must me high net worth individuals with a personal wealth of at least € 2 million.
The assessment of the performance of the business is the sole responsibility of the investor depending on the business he/she is investing in. The Government takes no responsibility for the performance of the business. The approval of the application means that the investor has been approved and the investment is of a nature that meets the objectives of the Immigrant Investor Programme.
The program offers four investment options for potential Investors:
- Enterprise Investment- A minimum of € 1million invested in an Irish enterprise for a period of atleast 3 years.
- Investment Fund– A minimum of € 1million invested in an approved investment fund or a period of atleast 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 atleast 3 years.
- Endowment– A minimum of € 5 million philanthropic donation to a project which is of public benefit to the arts , sports, health, culture or education in Ireland
Highlights of the IIP:
- Rapid Response Scheme (Decisions in +/-12 weeks)
- Approval given before investment is required
- One investment for entire family (parents and children under 24)
- No interview required
- No medical examination
- No Language requirement
- Residency not required (one day per annum)
- Secure asset backed investments
- Capital guarantees possible
- Fund secured on government funded social housing
- No tax on dividends or capital gains possible
Click Here to Apply