Ireland is one of the sought-after countries for its pro-business environment. That includes its low 12.5% corporate tax, highly educated and skilled labor force. It is no wonder that Ireland is the European hub for most of the biggest MNC, including Goggle, Apple, Facebook, Intel, etc.
Every child is entitled to free, state-run primary as well as post-primary education. Education is conducted in English. Every university in Ireland ranks among the top 5% universities in the world. Most importantly, most employers rank Ireland graduates No.1 in Europe.
The Ireland golden visa program or known as IIP Programme (Immigrant Investor Programme) facilitates investors to secure a Stamp 4 residency status in Ireland. This Stamp 4 allows the investor to work, study, or start his/her own business in Ireland. The IIP is the only EU program that only upon your visa approval, then your investment follows.
Ireland Program Highlights:
Only English speaking country in Eurozone (after Brexit)
Up to 50,000 euros discount towards higher education
Minimum residency requirement – visit Ireland once / year
Only EU country that pre-approves the visa then you do the investing
Ireland Investment Requirements
€1,000,000 to invest in new or existing Irish business for at least 3 years; or
€1,000,000 in approved qualifying investment funds for at least 3 years.
Time to Ireland Residency
Residency application will take about 4-6 months
After 5 years (1825 days of residency), you may apply for Ireland Citizenship. (12 months physical residency required prior to application*)
Ireland Residency Process
After visa approval, the investor will be granted a 2-year residency permit. After the 2 years, a 3-year permit will be granted/extended and every 5 years thereafter indefinitely.
Ireland Stay Requirements
There is no need for actual residency in Ireland but you are expected to visit Ireland at least once a year.
The applicant can include their spouse, dependent children under the age of 24.
Ireland Tax Benefits
Corporate tax is also low at 12.5%
Ireland Investor Application Window
The Immigrant Investor Programme will open for applications in 2019 as follows:
Window 3: 22nd June 2020 – 26th June 2020
Window 4: 31st August 2020 – 4th Sept 2020
Window 5: 26th Oct 2020 – 30th Oct 2020
As Ireland is the only 2 English-speaking country(after England) in the EU, Ireland is a very sought-after destination. Many of the applicants also are attracted by the high level of education institutions present and the education bonus given.
Ireland’s economy is doing very well and currently has the highest economic growth rate in Europe. There is a possibility that Ireland might not need this program in the future. So apply soon!
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