Ireland Immigrant Investment Program (IIP)

Ireland, another European country is inviting foreign direct investments into the country through their Ireland Immigrant Investment Program or IIP. This program is designed to fetch the investor Ireland Permanent Residency Permit. XIPHIAS Immigration, an international investment firm, brings forward this program as another option to unlock the huge European market. XIPHIAS Immigration has good standing relations with the immigration authorities in Ireland and has business relationships with multiple real estate and business houses in Ireland thus giving them an edge to provide best investment solution options to its clients.

Ireland is a beautiful country located in Europe. It is the second largest island located in the British Isles. It is one of the most populous countries in Europe. Both Republic of Ireland (an independent nation) and Northern Ireland (part of UK) are members of the European Union and thus both these lands do significant amount of economic activity there. Education in Ireland is at its best with all the support possible from the Government. Tourism, agriculture and industrialization are the back bone for Ireland economy. It generates energy produced in traditional method and which is still used in an industry of Ireland. They also generate BIOMASS energy which is extensively used to fuel the rural areas of Ireland. Its program is one of its kind in the European Investment Programs.

The IIP is available for all non-European Union citizens and who are not part of Switzerland. The IIP requires the investor to invest a minimum of Euro 1 million. This amount should be funded by the investor himself and not to be loaned from any source. Hence it would be required that the investor be able to prove his source of income. This investment can be made in any of the local businesses in Ireland or in the real estate of Ireland. However, the investor needs to understand that the investor will not get any kind of guarantee from the Government of Ireland about the success of the investment. The approval of IIP simply means that the investor has been permitted to invest in Ireland. However, anybody looking to make cross-border Investments can choose Ireland for the innumerable opportunities that it provides.

With the dates for applications for this program being already announced, it would be required that the investor needs to plan about this investment in Ireland at the earliest. The IIP and Start-up Entrepreneur Program was introduced in the year 2012 and the processing will be carried out by the Irish Naturalization and Immigration Services (INIS). The applicant will have to submit their Investment/Business plan as would be applicable.

With Irish Green Card, the investor can access the whole of European Union and the Schengen area as Ireland is part of both European Union and the Schengen area. The investor can work in any part of Ireland or the European Union. The program doesn’t require the investor to clear any kind of English languages tests nor does it need the applicant to be present for an in person interview. The whole of the process can be completed in straight 3-4 months’ time.

XIPHIAS Immigration’s Corporate Legal Services team is up and running for all the needs of the investors to help them incorporate their ideas and plans in Ireland. We have also teamed up with multiple business houses in Ireland to help our clients to get a clarification of what would work best for them in Ireland. 

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Created on Apr 15th 2020 04:15. Viewed 328 times.

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