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Route to Residency: Immigrant Investor Programmes

04 December 2013

By Jane Pilkington. Contact Jane.

The introduction of Immigrant Investor Schemes in April 2012 has made Ireland an attractive location for foreign investors who are seeking residency in another country. 

What do these schemes offer businesses which wish to establish in Ireland?

 

Prior to April 2012, Ireland had one limited immigrant investor type scheme, the Business Permission Scheme. Although the Business Permission Scheme remains in place, in January 2012 two new Immigrant Investor Schemes were introduced, the Immigrant Investor Programme and the Start Up Entrepreneur Scheme.

Immigrant Investor Programme

The Immigrant Investor Programme

is open to non-EEA nationals and their families who commit to making an approved investment in Ireland. The investment must fall into one of five categories:

  1. A minimum €500,000 aggregate investment into new or existing Irish businesses for a minimum of three years.

  2. A once off endowment of a minimum of €500,000 to a public project benefiting the arts, sports, health, culture or education.

  3. A minimum €1,000,000 investment in a special zero interest five year immigrant investor bond.

  4. A minimum €950,000 mixed investment consisting of €450,000 in residential property and €500,000 in immigrant investor bonds.

  5. €500,000 invested in an approved fund. The fund must be regulated for the purpose of doing business in Ireland and its investment strategy must be compatible with the aims of the Scheme.

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