Investment in Ireland to obtain residency
Investment methods in Ireland, obtaining Irish residency and citizenship by investment, and immigration to Ireland by investment methods will be discussed in this article. How much does it cost to invest in Ireland? Is it possible to get an Irish passport by investing in Ireland? We intend to answer all these questions in this article. After reading this article, if you face any ambiguity, questions, or have any points, you can contact our experts in MIE Austria or write your questions in the comments section below this article and get your answers as soon as possible.
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Topics reviewed in this article:
Deposits in Ireland in government accounts
In this method of investment in Ireland, you will lend 1,000,000 euros to the Irish government and receive Irish residency. After that, this money will remain as a loan with the government of this country for five years, after which it will be returned to you completely. You can apply for a passport in this country after 5 years.
Benefits of this investment method include a work permit in Ireland, obtaining a companion visa (which includes spouse and children under 18), free education for children, no need for physical presence, and the possibility of living in other countries without a visa, including the UK and the US (you will just need this country’s passport).
Investment in organizations of Ireland
In this method, you will need to invest in a new business or an existing business in Ireland for 3 years. The minimum investment amount in this method is 1,000,000 euros and you can register this business in your name. One of the important points in this investment method is that your business should be profitable for the Irish economy and should contribute to the economic growth of this country. Also, the registration of this company and its headquarters should be in Ireland. This investment can be made in one or more Irish companies at the same time.
Irish Investment Fund
In this method of investment, you must invest at least 1,000,000 euros in businesses designed by the Irish government. Some remarkable points in this method are listed below:
- This investment must be made for at least 3 years
- All capitals should be invested in the shares of specified companies (the field of work in these companies should not be in the stock exchange)
- The investor’s actions must be according to the rules of the Irish bank
- The investor must have financial management records
- At first, you will receive a two-year residence, and if the investment is profitable, this residence will be extended for another 3 years, and after 5 years, you can extend this residence for another 5 years.
- You can also apply for an Irish passport after 8 years, and if you pass the test and integrate with the culture and customs of Ireland, you will receive an Irish passport
Investment in Ireland by buying a property
In this method, you have to invest 2,000,000 euros in buying the specified property in Ireland. You can invest by buying one or more properties. This investment must be made for 5 years and you cannot sell the purchased houses.
Through this investment method, you will receive a five-year residence and after 5 years, it is possible to extend this residence. Be aware that if you sell the purchased properties before 5 years, your residence will be terminated.
In this method, physical presence is not required and you just need to visit this country once a year. You can also apply for an Irish passport after 8 years, and if you pass the test and integrate with the culture and customs of Ireland, you will receive an Irish passport.
Allowance in Ireland
In this method, you have to donate at least 500,000 euros to a public benefit project in the field of art, sports, health, culture, and education. Note that the Government of Ireland considers this amount to be a humanitarian payment on your behalf and it will not be returned to you. If several partners decide to donate together in Ireland, they can each pay 400,000 euros.
In this method, you will receive a five-year residence and after 5 years, it is possible to extend this residence. There is no attendance requirement and you only need to go to Ireland once a year. You can also apply for an Irish passport after 8 years, and if you pass the test and integrate with the culture and customs of Ireland, you will receive an Irish passport.
Investment in Ireland by entrepreneurship
Under Irish law, an Irish immigrant can reside in Ireland if one can start a profitable new business or a start-up that benefits the Irish economy. One of the conditions of this method is that the registered company must be owned by the applicant. You can see the other necessary conditions below:
- For the main applicant, the minimum capital must be 50,000 euros, and also for the other members of the company (shareholders) each must have a capital of 30,000 euros
- The Irish Entrepreneurship Evaluation Committee (EI) evaluates an applicant based on the following conditions:
- It must be an innovative idea
- The entrepreneur must create 10 jobs in Ireland and have a gross income of 1,000,000 euros in three to four years.
- The applicant company must have an experienced and specialized team
- The applicant company must be registered in Ireland.
- It should not be a business previously registered in Ireland
The advantages of this method are the possibility of obtaining a companion visa (spouse and children under 18), the spouse’s work permit, and the children’s education permit. Initially, the applicant will receive a three-year Irish visa in case of the acceptance of one’s entrepreneurship plan, and after 3 years, it is possible to extend this visa for another 5 years. You can also apply for an Irish passport after 8 years, and if you pass the test and integrate with the culture and customs of Ireland, you will receive an Irish passport.
Answers to common questions about investment in Ireland
✅ Is the property owned by the applicant’s spouse acceptable as proof of financial viability?
No. Property must be owned by the applicant to be acceptable for the Irish government.
✅ Is it possible to work in Ireland while you are investing in this country?
Yes. The applicant and one’s spouse can work in Ireland after investing in this country.
✅ Is there a requirement for physical presence in the Irish government account deposit method?
No, in this method, there is no requirement for physically present and you can reside in Ireland once a year.
✅ When do I get my money back in the Irish government deposit method?
In this method, you can get back all your money without losing your residence after 5 years.
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