Q&A
A residence permit can be obtained by investing no less than 500,000 Euros (Enterprise Investment) in Ireland. After the expiration of the investment period, the investor can recover the principal of the investment.
The application takes three to four months on average, but if the evaluation committee requires the applicant to provide more information, the application may take longer.
Assets that have been acquired legally through legitimate business and commercial activity, inheritance, endowment and/or divorce. Applicants are required to demonstrate a minimum personal net worth of €2million.
Yes, as long as you have the right to transfer the money to the proposed investment.
No, all assets owned by other individuals (including spouses) are not accepted as evidence of net assets.
Q5 、If I get married or have a child after receiving the residency, can I add them as my dependants?
Yes, the investor can add additional nuclear family members (spouse and dependent children under 24) to the permission. Documentary evidence of the marriage and/or birth will be required.
Yes, provided it has been obtained legally and can be legally transferred and the applicant can demonstrate a net worth of at least €2m.
Children under the age of 18 are eligible for residency for IIP applicants. The plan will also consider unmarried children between the ages of 18 and 24, who will receive full-time education in Ireland and are financially dependent on investors.
Yes, provided your permission is still valid.
No, family members will be given Stamp 4 permission to reside in Ireland which will allow them to study here.
There are no countries excluded from the IIP although international sanction agreements to which Ireland is party may apply to some nationalities.
Upon receipt of your pre-approval letter from the INIS.
No, but you must be in a position to make the investment within 90 days of your pre-approval letter issuing.
There is no refund on application fees of €1,500.
According to data released by the Central Bureau of Statistics of Ireland, Ireland’s average annual salary in the first three months of 2016 reached 37,000 Euros, ranking among the top ten salary levels in the world. The average monthly mortgage in Ireland is 918 euros (data from the Bank of Ireland and Institutional Union), and the average weekly rent is 259.25 euros (data from Daft).
No such requirement currently.
There is no need to compulsorily buy insurance and purchase a house. It depends on the customer's own wishes. If you live in Ireland, it is recommended to purchase Irish insurance.
Any Irish enterprise that is headquartered in Ireland, has the bulk of its operations located in Ireland, where at least 60% of its employees are based in Ireland and at least 60% of its cost base is located in Ireland may qualify for IIP.
