The Irish Immigrant Investor Programme (IIP) is also commonly known as Ireland Golden Residency Visa . This visa is a pathway for investors and their families to get permanent residency in Ireland. By obtaining this visa, it will enable them to live, work,study, retire and later obtain citizenship in Ireland.
Ireland, the smaller cousin of England, has been in the England’s shadow for too long. In recent years, Ireland has proven herself to be capable of attracting many Multi National Companies(MNCs), overseas students, and migrants to her shores.
Many people have thought of Ireland as a sleepy, laid back country with nothing exciting happening. On the contrary, Ireland is an economic powerhouse focusing on high tech and financial services. In fact, it is rated the fastest growing economy in the EU and is the most globalized economy of the world.
For businessmen, Ireland’s proximity to Europe guarantees them a strong business platform to the huge EU market.
Ireland Quick facts:
Population: 5 million;
GDP: US$ 334 billion;
2018 GDP growth: 7%;
Top 3 trading partners: United States, United Kingdom & Germany;
3 Main Exports : Pharmaceuticals, Organic Chemicals, and Precision Instruments.
Ireland continues to promote,attract and welcome foreign investments with their low 12.5% corporate tax rate and other tax benefits. As a result, many global companies particularly in high tech, software, medical tech, pharmaceuticals and financials sectors have opened their regional HQs in Ireland.
Those companies includes Google, Apple, Microsoft, Amazon, Facebook, Bayer, Citibank, ICBC, and Lenovo, just to name a few. Thus, it is not surprising that Ireland is home to most of the top multinational companies. Without a doubt, these MNCs have also greatly boosted the Irish economy, and contributed to its low unemployment.
Ireland’s Economy Facts: #1 in the world for
> Availability of young skilled labour.
> Investment by quality and value
> Attracting and retaining top talent
Among the EU countries, many overseas students come to Ireland & UK for higher education as their main language is English. While UK has Oxford and Cambridge, Ireland has its Trinity College. Many overseas students are also attending other Irish universiites. Irish medical schools are especially popular with overseas students. A plus for Irish citizens.. they get their education for free!
Ireland’s Education Facts:
Education ranks amongst the top 10 in the world.
Irish universities rank in the top 5% universities in the world.
Employers ranked Irish graduates as No1 in Europe
Ireland’s healthcare system is pretty good and efficient compared to other countries. You can walk into a hospital and find yourself quickly attended to by compassionate hospital staff.
Lower income families do receive free healthcare. The rest of the residents will pay normal fees which are often subsidized.
- Abortion is currently illegal unless there is a real and substantial risk to the mother’s life.
- All children under six years of age and elder people over 70 years of age are entitled to free GP visits.
- Under Long Term Illness Scheme, people with certain conditions may be able to get free drugs, medicines and medical and surgical appliances.
Consider Ireland Golden Residency Visa…
All in all, Ireland is a hidden gem that is waiting to be discovered. You might want to migrate because of vasrious reasons. It can be for your family’s business endeavors, for children’s education or even for a change to a less stressful family lifestyle. Ireland should be one of the main contenders for your consideration.
In addition, Ireland and Britain have a long-standing arrangement called the Common Travel Area (CTA). It allows both countries’ citizens to move freely between countries, live, work, study as well as access to each other social welfare and benefits.
Should you want more information on Ireland golden visa, please feel free to contact us. We will be glad to help.