Irish Citizenship by Investment: Ireland Investor Visa Last updated on 13 January 2022 Access to the Visa Application Facility, which is available worldwide and must be used by all applicants looking for an Irish visa. The IIP is a well-managed program with exceptional governance and transparency. However, there are some drawbacks. Visit theIrish Naturalisation and Immigration Service (INIS)website to find out what you need to know before you apply for a visa, If youre in Ireland and want toapply for a re-entry visaor have other queries,contact the INIS Visa Section. While there is no direct route to permanent residency in Ireland, investors are provided with four different investment options that qualify them for a renewable residency permit. Ireland is known for its favorable tax rates for companies and individuals. Yes, provided you make a considerable investment in the Irish economy via the Irish Golden Visa program, and obtain your Ireland residency permit. Ireland boasts a steady reputation for protecting foreign investment and investor funds, and holds a reputable international risk management country profile. To invest in an Irish fund, you must apply online with the Irish Naturalization and Immigration Service (INIS). You will find further information on how to make an appeal onINIS. English speaking and offering some of the best universities in Europe, Ireland offers unique opportunities for students and for graduates. Their website contains the latest data and a list of authorized investment funds. The financial investments you are making. If you want to enter Ireland, you may need a visa. Then the age limit increases to 24. Beyond that the investor can extend for a further three years providing they retain their investment and meet the criteria. There are two new passport rules: Your passport must have been issued less than 10 years before the day you enter. When individuals apply for the Ireland Golden Visa and make a government-approved investment, they will receive the right to residency in return. To qualify for residency under the Ireland Golden Visa scheme, you may invest at least 2,000,000 in Irish Real Estate Investment Trust/s (REITs), and maintain that investment for a period no less than three years. How you are planning on receiving your investment return. Its always a good idea to work with a legal professional when applying for visas, making foreign investments, or relocating abroad. No, you may not take out a loan or receive financing to make your qualifying investment. Complete theonline application form(Guidance is available in several languages)2. No Requirement to Reside Permission to enter on the basis of a 'C' type visa will not give you permission to remain beyond a 90 day period. Before you decide, its a good idea to visit Ireland and meet with consultants and businesses to find out if the Golden Visa program will provide the benefits youre looking for or if you want to invest in another program with less stringent requirements, such as Spain or Greece. What is a Golden Visa? What is a golden visa? Along with your application, youll need to submit the following documents: There is also a 1,500 non-refundable application fee. If you are a Visa-required national and coming to Ireland for a conference, you will find useful guidelines and details of requirements for Conference Visa applications onINIS. While Ireland does not provide a direct pathway to Irish citizenship by investment, taking up residence in Ireland with the same rights as Irish nationals is still possible. Ireland's Golden Visa Is Vulnerable to Tax Abuse, EU Warns 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. Ireland Golden Visa: Requirements & How to Get One, Scan the QR code to download the iVisa app. [1] In many cases, a green card or work permit will be required in order to live and work in Ireland. You must first meet the Irish government criteria and residency requirements prior to lodging your application for citizenship by naturalization. A Golden Visa refers to the immigration program which allows wealthy individuals to get a residence permit or even citizenship in another country simply by purchasing a house there or making a relatively large investment or donation. They each have their own benefits and minimum investment requirement, so you can find the best one for your financial goals. All funds and capital require evidence that it was acquired legally through business and investment activities. While there are many Golden Visas out there like the Golden Visa Portugal, Golden Visa Spain and Golden Visa Greece, Ireland is the only English-speaking country that offers unique investor visa advantages from a one day stay requirement per year, to access to a thriving business environment. The ISD will complete their due diligence and ensure you meet the requirements for the Ireland Golden Visa. Residency and potential citizenship after 5+ years. To find out more on all options, please contact our experts. Two of the top four universities in Europe for educating entrepreneurs are based in Dublin, namely Trinity College and University College Dublin. If you applied at an Embassy or Consulate, they will contact you once a decision has been made. Visa Free Travel 165 countries, Minimum $150,000 Donation Once you have submitted all the necessary supporting documentation and your investment has been officially confirmed, you will be granted a residency permit with a two-year validity. What Countries Offer a Golden Visa in 2023? - Nomads Embassy Ensure maximum protection of investor funds through a conservative, low risk loan investment policy, 2. Letter from a solicitor which confirms that you have transferred the funds in the investment fund in Ireland. (b) (i) ofS.I. Applicants must maintain the investment for three to five years, depending on the situation. If you sent your application to Dublin, you should contactINIS directly. The initial Irish residency permit is issued for a period of two years. However, once investors have resided in Ireland full time for five years, it is possible to apply for Irish Citizenship through the countries naturalisation laws. Information can be obtained through the Irish Naturalization and Immigration Service. A payment remittance and bank statement which proves you have transferred the funds. While applying for the Ireland Golden Visa and obtaining residency may seem straightforward, you may still have some questions about the process and benefits. Visas for Ireland - Department of Foreign Affairs NOTE: Applicants planning on a long term or permanent stay in Ireland, such as, in the case of joint family visa applications, should be aware that they will require more in-depth consideration than short-stay visa applications and it is recommended applicants make their applications 12 weeks prior to their proposed dates of travel. European Residency Ireland Golden Visa: All 2022 Investment Routes #1. Investment funds Invest at least 1 million in approved funds. You must maintain this low-risk investment for at least three years to remain eligible for your Ireland Golden Visa. This residency permit, also known as Stamp 4, is valid for two years. There also is no limit to how many visas are granted each year, making it one of the best golden visas around right now. Following approval from Irelands Evaluation Committee and the Minister for Justice and Equality, the fund investment will then be required. You cannot buy Irish citizenship as there is no Ireland citizenship by investment program. In return for a substantial investment in the Irish economy, you can expect the following benefits: Visa-free access to the EU, United Kingdom, and 177 countries worldwide once you have an Irish passport, You only have to visit Ireland once a year to keep your residency permit, Access to high-quality education and health care, Eligible to apply for permanent residency and citizenship if you reside in Ireland. It is a lucrative program that helps boost the countrys local economy and assists investors in broadening their ventures and diversifying their lifestyles. (adsbygoogle = window.adsbygoogle || []).push({}); NMDS ORegistry Code 16725745Tallinn, Viru vljak 2, 10111. You can read our affiliate disclosure in our privacy policyhere. If you've done part of the research by yourself - you'll notice that the Portugal golden visa also offers five . The Ireland Golden Visa application and approval process can take four to six months to complete. With no stay requirements, and the option to include your whole family in your application, the Greek Golden Visa is a winner for investors looking to access the European Union. All rights reserved. iVisa and iVisa logo are registered trademarks of iVisa.com. Real Estate Investment Trusts (REIT) You have four investment routes to choose from to qualify for residency in Ireland. While the vast majority of applications are dealt with within a much shorter timeframe it is recommended that applicants allow as much time as possible when applying for a visa. I want to invest in Ireland - Immigration Service Delivery In addition, applicants from thecountries listed on this page dont have to pay a fee. Place a charitable donation worth at least 500,000 in a qualifying philanthropic project in Ireland. Ireland Citizenship by Investment - Irish Investor Visa 2022 Moreover, their investment has to be placed by them as private individuals, not in the name of any corporations or trusts, and it must be maintained for a minimum period of three years. Processing for Irelands Golden Visa programme takes approximately 4-6 months from the date the file is submitted. Documents proving the fund is approved by the Central Bank of Ireland. With a 12.5% corporate tax rate, entrepreneurs interested in the Ireland Golden Visa could save thousands of dollars per year. If you dont plan on living in Ireland during your Golden Visa term, you wont need to register for Irish tax residency. Greece Golden Visa Program. Not only can you rest assured knowing that your investment will be safeguarded against risk, you will discover that it is easy to find a low risk investment fund. This permit is initially eligible for two years, can be renewed for three years after that, and then five years every time thereafter on the condition you continue to abide by the governments requirements. These include visa-required spouses and certain family members of EEA citizens (including Irish nationals). Check if you are eligible for this Scheme on theINIS website. You must provide proof of the relationship with the application. Your family will also receive residence permits in Ireland and have access to all of the same benefits as the main applicant. The Irish Golden visa (IGV) program is very well suited for High-net-worth individuals (HNWI) who wish to become a permanent resident investor in Ireland. No 473 of 2014(short-stayvisits only) or visit theINIS websitefor more information. 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. Applicants can donate 500,000 to a philanthropic program that benefits the arts, sports, education, or health in the country. A certified proof of the most recent audited accounts for an existing business/enterprise. It differs slightly from most European Golden Visa programs, allowing direct investments to gain citizenship, such as the Portuguese Golden Visa. If not, you'll need to apply for an entry visa before you travel to Ireland. Wait for the Minister for Justice and Equality and an Evaluation Committee to process and approve your application. During this time, you will also register for a national tax ID and open local bank accounts to make your investment. Ireland Golden Visa 2023: The Ultimate Guide by Experts The residence permit is renewable, and if you meet the requirements, you can eventually apply for Irish citizenship through naturalization. No. Proof of how your donation will be used, and how it will improve the public benefit in Ireland. If you hold Convention travel documents issued by certain EEA state, please refer to Section 3. After making your investment, you will submit documents to the Minister proving that you have done so. Check if you will need to apply for atransit visa on theINIS website. Ireland Golden Visa: Requirements & How to Get One Check if you meet Visa Waiver Programme requirements on theINIS website, if so youmaybe able to travel on to Ireland from the UK without the need to obtain a separate Irish visa. Although a permanent residence permit is not offered, temporary residency can be renewed indefinitely when it expires. Check if you will need to apply for atransit visa on the INIS website. You can appeal this decision within two months of receiving the refusal notice. 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 online application system will automatically request you to submit your documentation to one of the following: If you submit false or misleading information in support of your application, it will result in the refusal of your visa application and may have a negative impact on any future applications made. 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. Due to the higher cost, most applicants prefer to go for the fund investment route instead. The minimum investment option provided under the Irish Golden Visa scheme starts at a philanthropic contribution of no less than 500,000. These funds are managed by the Irish Central Bank, and the money from these funds is used towards improving and benefitting Ireland. The processing times for visa applications vary depending on the visa type and the Office to which the application is lodged. However, they must apply for a renewal three months before the validity of their permit expires. For more details or to contact an advisor please complete your details. La Vida offers Ireland and all the major golden visa programmes in Europe. The first requirement is you need to be a non-EEA national. For further information on tourism in Ireland please visit the website ofTourism Ireland. You may extend your Irish residency permit three months prior to its expiration date for an additional validity period of three years. No 473 of 2014(short-stayvisits only) or visit the INIS website for more information. Ireland Terminates Its Golden Visa Program for Wealthy Foreign This endowment does not yield any financial return to investors. It must also be used for the purpose of purchasing equity stakes in companies registered in Ireland whose shares are not listed on the Irish Stock Exchange. There are four paths to take when making a qualified investment to obtain the Ireland Golden Visa. 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. La Vida has extensive experience of all the Golden Visa programmes in Europe. Proof of a minimum net worth of 2,000,000 declaring your business and investment activities from the past year, and stating your general income, financial investments, and loans.