Ireland Immigrant Investor Programme (Endowment)
The Ireland Immigrant Investor Programme offers a residency by investment opportunity for high-net-worth individuals seeking to obtain immigration rights in Ireland. Applicants can make philanthropic donations or investments to benefit Irish communities.
Eligibility
To qualify, the main applicant must have a minimum net worth of €2 million that was legally acquired. They cannot have any criminal convictions and must be of good character. Dependents such as a spouse and children under 24 can be included in the application.
Endowment Options
The endowment option involves a donation of €500,000 (or €400,000 for groups of 5+ applicants) to an approved project in the arts, sports, health, cultural or educational sectors that benefit the Irish public. Examples include social housing, primary care centers, and nursing homes.
After approval, the endowment option provides an accessible route for philanthropic investors to give back to Ireland.
Visa Benefits
Successful applicants receive a renewable residency visa (Stamp 4) allowing them and their family to live, work and study in Ireland. They only need to spend 1 day in Ireland annually in the first 5 years to maintain status. After 5 years of legal residency, they can apply for Irish citizenship.
Ireland offers an excellent quality of life, a business-friendly environment, and access to the EU. Hiring an authorized immigration lawyer can help navigate the process smoothly.
IRELAND Fact Sheets
Capital: Dublin
Major cities: Cork, Limerick, Galway
Population: Close to 5 million (2021)
GDP: $413 billion (2021)
Average Income: €45,000
FREQUENTLY ASKED QUESTIONS
The minimum is €500,000, or €400,000 if made jointly by 5+ applicants.
Approved projects in healthcare, education, arts, culture, and sports that benefit the public.
Within 90 days of receiving approval from Ireland's INIS.
Yes, you can propose a project, which must be evaluated and approved by INIS.
Yes, the Endowment amount will be fully refunded if your IIP application is ultimately refused.
No, you can spread the donation over several installments within a maximum of 2 years.
No, your only requirement is to provide the donation funds as committed.
You may need to provide info to INIS on the usage of funds and project status for 2 years.
Donations may be eligible for tax relief subject to Irish revenue rules. Consult your tax advisor.
No, the project cannot be designed to benefit you or your company commercially.